Laxmi Cotspin 21st AGM All Resolutions Passed

Meeting Details

Date: Monday, 28th September, 2026
Time: 1:00 PM to 1:34 PM (IST)
Location: Conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
Type: 21st Annual General Meeting
Record Date: 21st September, 2026
Total Shareholders on Record Date: 7,750

Shareholder Participation

Promoters and Promoter Group present: 0 shareholders
Public shareholders present: Not specified in person/proxy
Shareholders attending through video conferencing:
Promoters and Promoter Group: 6 shareholders
Public: 33 shareholders

Proposed Resolutions and Outcomes

Six resolutions were considered and all were approved:

Resolution 1: Adoption of Financial Statements

Type: Ordinary Resolution
Description: To receive, consider and adopt Standalone and Consolidated Audited Financial Statements including Profit and Loss Account Balance Sheet for the year ended 31st March, 2026 along with Directors Report and Audited Report
Result: Passed with 100% votes in favor (145,442 votes)

Resolution 2: Appointment of Statutory Auditors

Type: Ordinary Resolution
Description: To consider and approve the appointment of M/S. Singh Mundada & Associates, Chartered Accountants (FRN:122059W) as Statutory Auditors and fix their remuneration
Result: Passed with 99.94% votes in favor (145,439 votes for, 3 votes against)

Resolution 3: Reappointment of Director

Type: Ordinary Resolution
Description: To appoint Mr. Ramesh Gopikishan Mundada (DIN: 00153255) as Director who retires by rotation and offers himself for reappointment
Result: Passed with 99.94% votes in favor (145,439 votes for, 3 votes against)

Resolution 4: Ratification of Cost Auditors' Remuneration

Type: Ordinary Resolution
Description: Ratification of remuneration of Cost Auditors for the financial year 2026-27
Result: Passed with 99.94% votes in favor (145,439 votes for, 3 votes against)

Resolution 5: Reappointment of Managing Director

Type: Special Resolution
Description: Reappointment of Mr. Sanjay Kachrulal Rathi (DIN: 00182739) as Managing Director and Chairman of the Company
Promoter interest: Yes (promoters interested in this resolution)
Result: Passed with 99.94% votes in favor (145,439 votes for, 3 votes against)

Resolution 6: Alteration of Object Clause

Type: Special Resolution
Description: Alteration in the Object Clause of the Company by addition in object
Result: Passed with 99.94% votes in favor (145,439 votes for, 3 votes against)

Voting Process and Methods

Remote e-voting period: Friday, 25th September, 2026 (9:00 AM) to Sunday, 27th September, 2026 (5:00 PM)
E-voting facility: Provided by National Securities Depository Limited (NSDL)
Voting methods: Remote e-voting and e-voting during AGM
Scrutinizer: CA Piyush Agrawal, Practicing Chartered Accountant (M.No. 135041, FRN: 116435W)
Vote unblocking: Conducted on 28th September 2026 using Scrutinizer's login in presence of two witnesses - Jayant Sangam and Neha Lodha

Key Voting Outcomes

Total outstanding shares: 17,147,670
Total votes polled: 145,442 shares (0.85% of outstanding shares)
Number of voting members: 10 members
Invalid votes: 0 across all categories and resolutions
Promoter and Promoter Group voting: 0 votes polled (10,053,623 shares held)
Public Institutions voting: 0 votes polled (0 shares held)
Public Non-Institutions voting: 145,442 votes polled (7,094,047 shares held, 2.05% participation)

Scrutinizer's Role and Findings

CA Piyush Agrawal was appointed scrutinizer to scrutinize the e-voting process in a fair and transparent manner. The scrutinizer reviewed voting data downloaded from NSDL e-Voting System and confirmed:

All resolutions passed with requisite majority
No invalid votes across any resolution
Voting documents/electronic records handed over to the Company Secretary for safe keeping

Compliance Confirmation

The company confirms compliance with:

Companies Act, 2013
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Companies (Management and Administration) Rules, 2014
MCA General Circulars and SEBI Circulars