Kingfa 42nd AGM Unanimously Passes All Resolutions

Meeting Details

Date of Meeting: Monday, 28th September, 2026
Time: 11:30 A.M. IST
Location: Conducted through video conference and other audio-visual means
Meeting Type: 42nd Annual General Meeting
Cut-off Date: 21st September, 2026
Total Shareholders on Record Date: 13,919

Voting Process and Methods

Remote E-voting Period: 25th September, 2026 (9:00 AM) to 27th September, 2026 (5:00 PM)
E-voting Service Provider: National Securities Depository Limited (NSDL)
Platform: www.evoting.nsdl.com
Physical Attendance: Dispensed with as per MCA and SEBI circulars
Proxy Facility: Not available for this meeting
Scrutinizer: Shaswati Vaishnav of S Vaishnav & Associates, Practicing Company Secretary

Proposed Resolutions and Implications

All eight resolutions set out in the Notice of 42nd AGM dated 14th August 2026 were duly passed:

1. Ordinary Resolution: Adoption of Audited Financial Statements for the financial year ended March 31, 2026

2. Ordinary Resolution: Declaration of final dividend of Rs 20/- per equity share for FY2025-2026

3. Ordinary Resolution: Re-appointment of Mr. Sun Yajie (DIN: 11191121) as director retiring by rotation

4. Special Resolution: Appointment of Mr. Wang Dazhong (DIN: 11849911) as Chairman & Managing Director

5. Special Resolution: Appointment of Mr. Sethuraman Shanmugasundaram (DIN: 11871332) as Whole-time Director (Chief Operating Officer)

6. Special Resolution: Appointment of Ms. Apurva Pradeep Joshi (DIN: 06608172) as Non-Executive Independent Director

7. Special Resolution: Approval for Payment of Commission to Independent Directors

8. Ordinary Resolution: Ratification of the Cost Auditor's Remuneration

Voting Outcomes

Overall Participation

Total Votes Cast: 111,885,573 shares
Percentage of Outstanding Shares Voted: 82.5641%
Total Shareholders Voting: 44 members (40 through remote e-voting, 4 during AGM)
Attendance via VC/OAVM: 1 Promoter member, 80 Public members

Resolution-wise Results:

Resolution 1 (Adoption of Financial Statements)

Total Votes For: 111,885,511 (99.9998%)
Total Votes Against: 22 (0.0002%)
Promoter Votes: 9,082,214 for (100%)
Public Institutional Votes: 2,105,425 for (100%)
Public Non-Institutional Votes: 912 for, 22 against (97.6445% for)

Resolution 2 (Final Dividend of Rs 20/share)

Total Votes For: 111,885,511 (99.9998%)
Total Votes Against: 22 (0.0002%)
Promoter Votes: 9,082,214 for (100%)
Public Institutional Votes: 2,105,425 for (100%)
Public Non-Institutional Votes: 912 for, 22 against (97.6445% for)

Resolution 3 (Re-appointment of Mr. Sun Yajie)

Total Votes For: 111,885,511 (99.9998%)
Total Votes Against: 22 (0.0002%)
Promoter Votes: 9,082,214 for (100%)
Public Institutional Votes: 2,105,425 for (100%)
Public Non-Institutional Votes: 912 for, 22 against (97.6445% for)

Resolution 4 (Appointment of Mr. Wang Dazhong as CMD)

Total Votes For: 110,177,715 (98.4729%)
Total Votes Against: 170,858 (1.5271%)
Promoter Votes: 9,082,214 for (100%)
Public Institutional Votes: 1,934,589 for, 170,836 against (91.8859% for)
Public Non-Institutional Votes: 912 for, 22 against (97.6445% for)

Resolution 5 (Appointment of Mr. Sethuraman as COO)

Total Votes For: 111,885,511 (99.9998%)
Total Votes Against: 22 (0.0002%)
Promoter Votes: 9,082,214 for (100%)
Public Institutional Votes: 2,105,425 for (100%)
Public Non-Institutional Votes: 912 for, 22 against (97.6445% for)

Resolution 6 (Appointment of Ms. Apurva Joshi as Independent Director)

Total Votes For: 110,177,715 (98.4729%)
Total Votes Against: 170,858 (1.5271%)
Promoter Votes: 9,082,214 for (100%)
Public Institutional Votes: 1,934,589 for, 170,836 against (91.8859% for)
Public Non-Institutional Votes: 912 for, 22 against (97.6445% for)

Resolution 7 (Commission to Independent Directors)

Total Votes For: 111,879,331 (99.9943%)
Total Votes Against: 642 (0.0057%)
Promoter Votes: 9,082,214 for (100%)
Public Institutional Votes: 2,105,425 for (100%)
Public Non-Institutional Votes: 292 for, 642 against (31.2634% for)

Resolution 8 (Ratification of Cost Auditor's Remuneration)

Total Votes For: 111,885,511 (99.9998%)
Total Votes Against: 22 (0.0002%)
Promoter Votes: 9,082,214 for (100%)
Public Institutional Votes: 2,105,425 for (100%)
Public Non-Institutional Votes: 912 for, 22 against (97.6445% for)

Scrutinizer's Role and Findings

Shaswati Vaishnav was appointed as Scrutinizer to conduct remote e-voting and electronic voting at the AGM. The scrutinizer confirmed:

Voting was conducted in compliance with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
44 members cast votes through remote e-voting platform and 4 members voted during AGM
All resolutions were passed with requisite majority
Voting records are maintained under safe custody and will be handed over to the Company Secretary

Compliance Confirmation

The voting process complied with:

Companies Act, 2013 and Rules thereunder
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
MCA General Circular No. 03/2025 dated September 22, 2025
SEBI Master Circular dated January 30, 2026
All other relevant circulars issued from time to time

Additional Information

The voting results and scrutinizer's report are hosted on the company's website (www.kingfaindia.com) and NSDL's e-voting website (www.evoting.nsdl.com).