Meeting Details

The 34th Annual General Meeting was held on Saturday, September 26, 2026 through Video Conferencing (VC)/Other Audio Video Means (OAVM). The meeting commenced at 03:00 PM IST and concluded at 03:25 PM IST.

Shareholder Participation

Total shareholders on record date (September 22, 2026): 39,415

Shareholders attending through VC/OAVM: 93

  • Promoter and Promoter Group: 9
  • Public: 84

No physical meeting or proxy appointments were arranged as the AGM was conducted entirely through VC/OAVM.

Voting Process and Methods

The company utilized the e-voting facility offered by National Securities Depository Limited (NSDL).

Remote e-voting period: September 23, 2026 (9:00 AM IST) to September 25, 2026 (5:00 PM IST)

Cut-off date for determining voting eligibility: September 22, 2026

Proposed Resolutions and Outcomes

Resolution 1: Ordinary Resolution - Adoption of Financial Statements

To receive, consider, adopt the Audited Annual Financial Statements (Standalone & Consolidated) for FY ended March 31, 2026.

  • Total votes polled: 1,230,360,645 (79.7936% of outstanding shares)
  • Votes in favor: 1,230,358,786 (99.9998%)
  • Votes against: 1,859 (0.0002%)

Resolution 2: Ordinary Resolution - Re-appointment of Mr. Rudra Sen Sindhu (DIN: 00006999)

To appoint director in place of Mr. Rudra Sen Sindhu who retires by rotation.

  • Promoters interested: Yes
  • Total votes polled: 1,230,360,645 (79.7936%)
  • Votes in favor: 1,230,357,288 (99.9997%)
  • Votes against: 3,357 (0.0003%)

Resolution 3: Ordinary Resolution - Re-appointment of Mrs. Usha Sindhu (DIN: 00033930)

Appointment of director in place of Mrs. Usha Sindhu, a retiring director.

  • Promoters interested: Yes
  • Total votes polled: 1,230,360,645 (79.7936%)
  • Votes in favor: 1,230,357,288 (99.9997%)
  • Votes against: 3,357 (0.0003%)

Resolution 4: Special Resolution - Re-appointment of Ms. Nishi Sabharwal (DIN: 06963293)

Re-appointment as an Independent Director.

  • Total votes polled: 1,230,360,645 (79.7936%)
  • Votes in favor: 1,230,356,786 (99.9996%)
  • Votes against: 3,859 (0.0004%)

Resolution 5: Ordinary Resolution - Regularization of Mr. Ram Niwas Hooda (DIN: 05137074)

Regularization as Additional Independent Director for three years.

  • Total votes polled: 1,230,360,645 (79.7936%)
  • Votes in favor: 1,230,356,286 (99.9996%)
  • Votes against: 4,359 (0.0004%)

Resolution 6: Ordinary Resolution - Regularization of Mr. Bal Krishan Sharma (DIN: 11684540)

Regularization as Additional Independent Director for three years.

  • Total votes polled: 1,230,360,645 (79.7936%)
  • Votes in favor: 1,230,358,288 (99.9998%)
  • Votes against: 2,357 (0.0002%)

Resolution 7: Ordinary Resolution - Related Party Transaction with ACB(India) Limited

Approval of transactions amounting to ₹350 Crores for FY 2027-28.

  • Promoters interested: Yes (votes not considered)
  • Total votes polled: 1,230,360,645 (79.7936%)
  • Votes in favor: 1,230,215,316 (99.9882%)
  • Votes against: 145,329 (0.0118%)

Resolution 8: Ordinary Resolution - Related Party Transaction with Aryavrat Labtech Private Limited

Approval of transactions amounting to ₹100 Crores for FY 2026-27.

  • Promoters interested: Yes (votes not considered)
  • Total votes polled: 1,230,360,645 (79.7936%)
  • Votes in favor: 1,230,214,816 (99.9882%)
  • Votes against: 145,829 (0.0118%)

Resolution 9: Ordinary Resolution - Related Party Transaction with Sindhu Farms Pvt. Ltd.

Approval of transactions amounting to ₹100 Crores for FY 2026-27.

  • Promoters interested: Yes (votes not considered)
  • Total votes polled: 1,230,360,645 (79.7936%)
  • Votes in favor: 1,230,214,816 (99.9881%)
  • Votes against: 145,829 (0.0119%)

Resolution 10: Ordinary Resolution - Related Party Transaction with M Fincap Limited

Approval of transactions amounting to ₹100 Crores for FY 2026-27.

  • Promoters interested: Yes (votes not considered)
  • Total votes polled: 1,230,360,645 (79.7936%)
  • Votes in favor: 1,230,214,816 (99.9881%)
  • Votes against: 145,829 (0.0119%)

Category-wise Voting Breakdown

Promoter & Promoter Group

  • Shares held: 1,155,968,880
  • Votes polled: 1,115,361,180 (96.4871% of shares held)
  • Consistently voted 100% in favor on all resolutions where their votes were considered

Public Institutional Holders

  • Shares held: 49,683,078
  • Votes polled: 141,704 (0.2852% of shares held)
  • Voted 100% in favor on most resolutions, with some opposition on related party transactions

Public Non-Institutional Holders

  • Shares held: 336,276,822
  • Votes polled: 114,857,761 (34.1557% of shares held)
  • Showed varying levels of opposition, particularly on related party transactions (0.0020% to 0.0047% against)

Scrutinizer's Role and Findings

Payal Sharma, Practicing Company Secretary, was appointed as Scrutinizer to conduct the remote e-voting and electronic voting at the AGM. The scrutinizer:

  • Verified that 212 members cast votes through remote e-voting platform
  • Witnessed the unblocking of votes from NSDL's e-voting website in the presence of two witnesses (Pawan Kumar Sharma and Pooja Chauhan)
  • Confirmed that the voting was diligently scrutinized and complied with applicable regulations
  • Generated the consolidated results and additional report

Compliance Confirmation

The document confirms compliance with:

  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • MCA and SEBI Circulars regarding virtual meetings

Additional Information

The voting results and scrutinizer report were uploaded to the company's website (www.sindhutrade.com) and the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com).