Ritco Logistics Limited

Key Event Details

The 25th Annual General Meeting of Ritco Logistics Limited was held on September 30, 2026, through Video Conferencing and Other Audio-Visual Means. The meeting commenced at 03:00 PM IST and concluded at 03:21 PM IST.

Regulatory Non-Compliance

  • The proceedings of the AGM were submitted to stock exchanges on October 1, 2026, at 01:25 PM IST
  • This represents a delay of 13 hours and 25 minutes from the regulatory deadline
  • The delay occurred due to misunderstanding of revised SEBI timeline requirements

Company Explanation

The delay was inadvertent and unintentional, arising from misunderstanding of the revised regulatory timeline. The company had proceeded on the basis of the earlier 24-hour disclosure timeline. The delay was not deliberate nor intended to withhold material information.

Remedial Actions

  • Company is taking steps to reinforce internal compliance monitoring and review procedures
  • Proceedings of the 25th AGM are being resubmitted along with this clarification
  • Company assures continued commitment to highest standards of regulatory compliance

Request to Exchanges

Company humbly requests stock exchanges to take a lenient and sympathetic view, considering the bona fide nature of the error, and condone the inadvertent delay without initiating any penal or adverse action.

AGM Proceedings Summary

Meeting Details

  • Date: September 30, 2026
  • Time: 03:00 PM to 03:21 PM IST
  • Mode: Video Conferencing/Other Audio-Visual Means
  • Shareholders on record date (September 23, 2026): 9,976
  • Shareholders attended: 44

Attendance

Directors Present:

  • Man Mohan Pal Singh Chadha - Chairperson and Whole-Time Director
  • Sanjeev Kumar Elwadhi - Managing Director
  • Roma Wadhwa - (representing Vikram Suri) Audit Committee Chairperson/Independent Director
  • Ranu Jain - Independent Director
  • Roma Wadhwa - Non-Executive Director

Key Personnel Present:

  • Gitika Arora - Company Secretary and Compliance Officer
  • M/s Mukun Vivek & Company - Scrutinizer

Business Conducted

Ordinary Business:

1. Adoption of Audited Consolidated and Standalone Balance Sheet for year ended March 31, 2026, and Profit and Loss Account for financial year ended March 31, 2026, with Directors' and Auditors' Reports

2. Appointment of directors liable to retire by rotation

Special Business:

3. Change in designation of Mr. Ranu Jain from Additional Director to Independent Director

Voting Arrangements

  • Remote e-voting facility provided through MUFG Intime India Pvt Ltd
  • Remote e-voting period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
  • E-voting during AGM available for members who hadn't voted remotely
  • M/s Mukun Vivek & Company appointed as Scrutinizer for voting process
  • Results to be announced and uploaded on company website and submitted to stock exchanges

Financial Impact

No financial impact quantified in the disclosure. The matter relates to procedural compliance timing rather than financial consequences.