Meeting Details

The 37th Annual General Meeting of Rushabh Precision Bearings Limited was held physically on 30th September 2026 at 12:30 P.M. The meeting took place at 4-A, 6-A, New Excelsior Cinema Bldg., A.K. Nayak Marg, Fort, Mumbai - 400001.

The record date for determining shareholder eligibility to vote was 25th September 2026. The total number of shareholders on the record date was 141.

Shareholder Participation

  • Promoters and Promoters Group present in person or through proxy: 01 (One)
  • Public shareholders present in person or through proxy: 09 (Nine)
  • Shareholders attending via Video Conferencing: Not Applicable (NA) for both Promoters and Public categories.

Summary of Proposed Resolutions and Voting Outcomes

Three ordinary resolutions were proposed and voted upon. Voting was conducted via Postal Ballot (physical mode) as the company was unable to provide an e-voting facility.

Resolution 1: Ordinary Business

Particulars: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, including the Audited Balance Sheet, the Statement of Profit and Loss, and the Reports of the Board of Directors and Auditors thereon.

Voting Result: The resolution was passed unanimously.

  • Total Votes Cast: 8,615,153
  • Votes in Favour: 8,615,153 (100% of valid votes cast)
  • Votes Against: 0
  • Invalid Votes: 0

Resolution 2: Ordinary Business

Particulars: To Re-appoint Mr. Biswajeet Mukherjee (DIN: 10432026) as a director, who retired by rotation.

Voting Result: The resolution was passed unanimously.

  • Total Votes Cast: 8,615,153
  • Votes in Favour: 8,615,153 (100% of valid votes cast)
  • Votes Against: 0
  • Invalid Votes: 0

Resolution 3: Ordinary Business

Particulars: To Approve the Appointment of Statutory Auditor and fix their Remuneration.

Voting Result: The resolution was passed unanimously.

  • Total Votes Cast: 8,615,153
  • Votes in Favour: 8,615,153 (100% of valid votes cast)
  • Votes Against: 0
  • Invalid Votes: 0

Voting Process and Scrutinizer's Role

The mode of voting was Postal Ballot (physical ballot papers) due to an inability to provide e-voting.

The Board of Directors appointed Mr. Parshwa Shah, Proprietor of Parshwa Shah & Associates, Practicing Company Secretary (Membership No.: 25318), as the Scrutinizer for the voting process. He was appointed in a Board Meeting held on 3rd September 2026.

The Scrutinizer's responsibility was to scrutinize the postal ballots received and report the results. The ballot box was unlocked after the conclusion of the AGM on September 30, 2026, in the presence of two independent witnesses. The Scrutinizer submitted his final report on 1st October 2026.

The Scrutinizer's report notes that no postal ballots were received before the commencement of the meeting. All ballots were received during the AGM.

Key Findings and Procedural Context

The Scrutinizer's report highlights a significant procedural context affecting the voting process:

  • Following the implementation of a Resolution Plan, the company is required to obtain a new ISIN to reflect a revised capital structure.
  • A procedural impasse exists: Depositories (NSDL and CDSL) require an in-principle approval from the stock exchanges for a new ISIN, but the exchanges require relisting of securities first.
  • The list of shareholders reflecting the reduction of share capital pursuant to the Resolution Plan had not been updated with NSDL and CDSL at the time of the AGM.
  • The company confirmed that no share transfers or transmissions had occurred since the capital reduction.
  • Consequently, the company could not provide remote e-voting or e-voting facilities as normally envisaged under the Act, and physical postal ballot was used.

The Scrutinizer relied on representations and information provided by the company's management regarding shareholder eligibility and records, issuing a disclaimer that any discrepancies from the shareholding restructuring remain the company's responsibility.

Compliance Statement

The disclosure confirms that the voting was conducted and the results are reported in compliance with Section 108 of the Companies Act, 2013, the relevant Rules, and Regulation 44 of the SEBI (LODR) Regulations, 2015.