Aarnav Fashions Limited submitted the proceedings of its 43rd Annual General Meeting (AGM), held on September 30, 2026, to the BSE and NSE on October 17, 2026. The filing was delayed due to inadvertent internal processing issues, which the company stated have since been addressed.

Compliance and Internal Review

The company attributed the delay to an inadvertent lag in finalising and submitting the requisite disclosure within the stipulated timeline. In its communication to the stock exchanges, Aarnav Fashions expressed regret for the delay and confirmed that the submission was made promptly upon completion of the internal process. The management has reviewed its compliance protocols and implemented necessary measures to ensure timely statutory disclosures in the future.

AGM Proceedings Summary

The 43rd AGM was conducted at the company's registered office in Ahmedabad. A total of 49 members holding 3,15,20,084 equity shares were present in person or through proxies. The meeting was presided over by Chairman Champalal Gopiram Agarwal. Non-Executive Director Nidhi Aggrawal was absent due to pre-occupation and was granted leave.

The following directors were present at the meeting:

Key Managerial Personnel present included Company Secretary Milee Kamdar and Chief Financial Officer Radhakishan Lekharam Sharma. Statutory Auditor CA Gaurav Nahta also attended the meeting.

Voting and Resolutions

The meeting addressed four agenda items. Remote e-voting facilities were provided to members from September 27 to September 29, 2026. CS Ravi Kapoor of Ravi Kapoor & Associates served as the scrutiniser for both remote e-voting and physical poll processes.

No shareholders raised queries during the session. Voting was conducted via a combination of remote e-voting and physical poll papers at the meeting venue. The results were declared after considering both voting methods, with remote e-voting prevailing over physical ballots in case of duplication. The meeting concluded at 3:30 pm.

Aarnav Fashions Limited shareholders approved all four ordinary resolutions at the company's 43rd Annual General Meeting (AGM) held on September 30, 2026. The meeting, conducted in Ahmedabad, saw unanimous support for the adoption of audited financial statements and key administrative appointments.

The scrutinizer's report, submitted by Ravi Kapoor & Associates on October 5, 2026, detailed the voting outcomes for remote e-voting and the poll at the AGM venue. The voting period for remote e-voting ran from September 27 to September 29, 2026, with members as of the cut-off date of September 23, 2026, eligible to vote.

Voting outcomes

The total valid votes cast across both remote e-voting and the physical poll amounted to 31,521,839. The distribution of votes for each resolution is outlined below:

Key approvals

The first resolution concerned the adoption of the audited financial statements for the relevant period. This received 100% support from both remote e-voters and those voting at the venue.

The second resolution involved the re-appointment of Ms. Nidhi Sanjaykumar Aggrawal as a director. She retired by rotation and offered herself for re-appointment. While the vast majority voted in favor, 502 shares were cast against this resolution, representing a negligible percentage of the total valid votes.

The third resolution ratified the remuneration payable to M/s. Kiran J. Mehta & Co, Cost Accountants, for the financial year ending March 31, 2027. Similar to the director re-appointment, 502 shares were voted against this item.

The fourth resolution approved the appointment of Ravi Kapoor & Associates as the Secretarial Auditor of the company. Again, 502 shares were cast against this appointment, while the remaining votes supported it.

Scrutinizer's report details

Ravi Kapoor, a practicing Company Secretary, served as the scrutinizer. The report confirmed that votes were scrutinized in the presence of two witnesses not employed by the company. Corporate members participating in remote e-voting provided scanned copies of board resolutions authorizing their votes. The polling papers were reconciled with company records and proxy authorizations lodged with the company.