Meeting Details
- Meeting Type: 16th Annual General Meeting (AGM)
- Date: Tuesday, 29th September, 2026
- Time: 01:00 P.M. to 01:24 P.M. (IST)
- Location: Conducted through Video Conferencing/Other Audio Visual Means
- Record Date: 22nd September, 2026
- Total Shareholders on Record Date: 10,963
Proposed Resolutions and Implications
Five resolutions were presented for shareholder approval:
1. Ordinary Resolution: To receive, consider and adopt Financial Statements for FY ended March 31, 2026, with Reports of Auditors and Board of Directors
2. Ordinary Resolution: To appoint Mr. Vedant Bang (DIN: 09506327) who retires by rotation and seeks re-appointment
3. Ordinary Resolution: To approve Material Related Party Transaction with Bang Overseas Limited
4. Ordinary Resolution: To approve Material Related Party Transaction with Vedanta Creations Limited
5. Special Resolution: To reappoint Mr. Vedant Bang (DIN: 09506327) as Managing Director
Voting Process and Methods
The voting was conducted exclusively through remote e-voting facilitated by National Securities Depository Limited (NSDL). The remote e-voting period commenced on Friday, 25th September, 2026 at 9:00 A.M. and ended on Monday, 28th September, 2026 at 5:00 P.M. via https://www.evoting.nsdl.com/. No physical polling or postal ballot was conducted during the AGM.
Key Voting Outcomes
Resolution 1: Adoption of Financial Statements
- Total Votes Cast: 5,162,951 shares
- Percentage in Favor: 99.985% (5,162,179 shares)
- Percentage Against: 0.015% (772 shares)
- Result: Passed with requisite majority
Resolution 2: Re-appointment of Vedant Bang as Director
- Total Votes Cast: 45,465 shares
- Percentage in Favor: 98.30% (44,692 shares)
- Percentage Against: 1.70% (773 shares)
- Result: Passed with requisite majority
Resolution 3: Related Party Transaction with Bang Overseas Limited
- Total Votes Cast: 19,562 shares
- Percentage in Favor: 85.82% (16,789 shares)
- Percentage Against: 14.18% (2,773 shares)
- Result: Passed with requisite majority
Resolution 4: Related Party Transaction with Vedanta Creations Limited
- Total Votes Cast: 19,562 shares
- Percentage in Favor: 84.53% (16,539 shares)
- Percentage Against: 15.47% (3,023 shares)
- Result: Passed with requisite majority
Resolution 5: Reappointment of Vedant Bang as Managing Director (Special Resolution)
- Total Votes Cast: 45,465 shares
- Percentage in Favor: 98.30% (44,692 shares)
- Percentage Against: 1.70% (773 shares)
- Result: Passed with special majority
Participation Breakdown by Shareholder Category
Promoter and Promoter Group
- Total Shares: 7,675,956
- Votes Cast: 5,117,486 shares (66.669% participation)
- All votes were cast in favor of all resolutions
Public Institutions
- Total Shares: 58,060
- Votes Cast: 9,416 shares (16.2177% participation)
- All votes were cast in favor of all resolutions
Public Non-Institutions
- Total Shares: 6,936,364
- Votes Cast: Varying participation across resolutions (0.1463% to 0.5197%)
- Showed opposition to related party transactions (14.18-15.47% against)
Scrutinizer's Role and Findings
- Name: Sonam Jain, Practicing Company Secretary
- Firm: Sonam
- Qualification: CS
- Membership Number: F9871
- Appointment Date: 14th August, 2026
- Report Issuance Date: 30th September, 2026
The scrutinizer was responsible for scrutinizing the remote e-voting process and voting at the AGM. The e-voting results were unblocked on 29th September, 2026 at 2:02 P.M. in the presence of two independent witnesses: Mr. Mohit Sharma and Mr. Himanshu Marathe.
Attendance Details
- Total Shareholders Present: 48 (in person and/or through proxy)
- Promoters Present: 26 through video conferencing
- Public Shareholders Present: 22 through video conferencing
Compliance Confirmation
The document confirms compliance with:
- Section 108 of the Companies Act, 2013
- Rule 20 of the Companies (Management and Administration) Rules, 2014
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Various MCA and SEBI circulars regarding e-voting procedures
Additional Information
- Company CIN: L1809MH2010PLC209302
- Corporate Office: 405/406, Kewal Industrial Estate, S. B. Marg., Lower Parel (W), Mumbai - 400013
- BSE Scrip Code: 533941
- NSE Symbol: THOMASCOTT