Meeting Details

  • Type of Meeting: 80th Annual General Meeting (AGM)
  • Date of Meeting: Wednesday, September 30, 2026
  • Meeting Time: 12:30 PM to 12:40 PM IST
  • Meeting Format: Conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Record Date: September 23, 2026
  • Total Shareholders on Record Date: 27,897

Proposed Resolutions and Implications

The AGM considered two ordinary resolutions:

1. Resolution 1: To consider and adopt (a) the audited standalone financial statements of the Company for the financial year ended March 31, 2026, and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statements of the Company for the financial year ended March 31, 2026, and the report of Auditors thereon.

2. Resolution 2: To appoint a director in place of Mrs. Rohita M. Doshi (DIN: 00246388), who retires by rotation and offered herself for re-appointment.

Voting Process and Methods

The voting was conducted through two methods:

  • Remote E-Voting: Available through MUFG Intime India Private Limited from September 26, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
  • E-Voting at AGM: Facility provided for members attending the AGM via VC/OAVM who had not voted remotely

The company complied with regulatory requirements by sending the notice and annual report electronically to shareholders with registered email addresses and publishing an advertisement in leading newspapers.

Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total Votes Polled: 8,314,382 shares (99.996% of outstanding shares)
  • Votes in Favor: 8,314,382 shares (100% of votes polled)
  • Votes Against: 0 shares (0% of votes polled)
  • Abstained: 1,706,768 shares (from 1 member)
  • Result: Passed

Category-wise Breakdown for Resolution 1:

  • Promoter & Promoter Group: 8,311,702 votes (100% in favor)
  • Public Institutions: 0 votes
  • Public Non-Institutions: 2,680 votes (2,645 via remote e-voting, 35 via poll at AGM; 88.4615% in favor, 11.5385% against)

Resolution 2: Re-appointment of Director

  • Total Votes Polled: 8,314,826 shares (27.3761% of outstanding shares)
  • Votes in Favor: 8,314,231 shares (99.9928% of votes polled)
  • Votes Against: 595 shares (0.0072% of votes polled)
  • Abstained: 1,706,768 shares (from 1 member)
  • Result: Passed

Category-wise Breakdown for Resolution 2:

  • Promoter & Promoter Group: 8,311,702 votes (100% in favor)
  • Public Institutions: 0 votes
  • Public Non-Institutions: 3,124 votes (3,089 via remote e-voting, 35 via poll at AGM; 80.9539% in favor, 19.0461% against)

Participation Statistics

  • Shareholders Present via VC/OAVM: 48 total (2 Promoters, 46 Public)
  • Shareholders Voting Remotely: 37 for Resolution 1, 36 for Resolution 2
  • Shareholders Voting at AGM: 4 for both resolutions

Scrutinizer Details

  • Name: Anisha Jhunjhunwala
  • Firm: Anisha Jhunjhunwala & Associates
  • Qualification: Company Secretary (Membership No.: FCS 13464)
  • Appointment Date: May 27, 2026 (by Board Meeting)
  • Report Date: October 1, 2026

The scrutinizer confirmed that all resolutions were passed with requisite majority and that electronic voting data and records are under her safe custody until handed over to the Resolution Professional.

Compliance Confirmation

The voting process and results comply with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circular No. 03/2025 dated September 22, 2025
  • Relevant SEBI circulars

Additional Information

The company is under Corporate Insolvency Resolution Process (CIRP) with Kanak Jani serving as Resolution Professional (IBBI Reg. No. IBBI/IPA-001/IP-P-01757/2019-2020/12685). The complete voting results and scrutinizer's report are available on the website of IPE (www.sunresolution.in) and stock exchanges.