Afloat Enterprises Limited appointed M/s. Rohit Bhatia & Associates as its new Secretarial Auditor for a five-year term commencing from the financial year 2026-27. The appointment was approved by shareholders at the 11th Annual General Meeting held on September 30, 2026.

The move follows the resignation of the previous auditor, M/s G Aakash & Associates, who cited preoccupation with other professional assignments. This created a casual vacancy in the office of the Secretarial Auditor, which the board sought to fill in accordance with the Companies Act, 2013.

Appointment details and term

The new auditor will hold office for the first term of five consecutive years, running from the conclusion of the 11th AGM until the conclusion of the 16th AGM. The firm is registered with Firm Registration No. S2021HR836700 and Peer Review No. 7194/2025.

Profile of the new auditor

M/s. Rohit Bhatia & Associates is a corporate legal and secretarial advisory firm based in Faridabad and Delhi. The firm provides services in corporate law, secretarial compliance, corporate governance, and regulatory matters. It advises startups, SMEs, growing enterprises, investors, and multinational businesses on company law, RBI and FEMA compliances, intellectual property, business registrations, and corporate restructuring.

The company disclosed that there are no relationships between the directors of Afloat Enterprises and the newly appointed auditors. The appointment was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Afloat Enterprises Limited shareholders unanimously approved all six agenda items at its 11th Annual General Meeting (AGM) held on September 30, 2026. The final voting results, disclosed on October 1, 2026, confirmed the adoption of FY26 financial statements and the appointment of new statutory and secretarial auditors.

Voting results and attendance

The meeting, presided over by Director and Chairperson Pawan Kumar Mittal, saw the participation of 14 members holding 44,46,491 equity shares in person, with no attendees via video conferencing. The Scrutinizer, Mr. Aakash Goel of M/s G Aakash & Associates, submitted his report on October 1, 2026, confirming that all resolutions were passed with 100% votes in favour and zero votes against.

The total number of votes polled across all resolutions was 45,96,074, representing approximately 36.6% of the company's outstanding shares. Promoter and promoter group members cast 20,56,074 votes, while public non-institutional shareholders cast 25,40,000 votes.

Key resolutions passed

The business transacted included both ordinary and special resolutions, all of which received unanimous support from the voting shareholders:

Statutory auditor appointment details

Shareholders approved the appointment of M/s S K Handa & Associates (FRN: 016424N) as the company's Statutory Auditors for a term of 5 years. This appointment is effective from the conclusion of the 11th AGM until the conclusion of the 16th AGM. The firm replaces the retiring auditors, M/s V.N Purohit & Co (FRN: 304040E), whose term expired at the close of the current AGM.

M/s S K Handa & Associates is a Chartered Accountant firm headquartered in Delhi with branches in multiple locations. It provides services in Direct Tax, GST, Auditing, Accounting, and Business Valuation. The firm holds a Peer Review Certificate no: 022934. Disclosure regarding relationships between directors and the firm was marked as Not Applicable.

Directorship appointments and profiles

The shareholders approved the appointment of three new Non-Executive Independent Directors, each for a term of five consecutive years commencing from September 3, 2026. All three directors hold nil shares in the company and are not related to any existing director.

• Mr. Indrajeet Pradhan (DIN: 10148955): Appointed as an Independent Director with expertise in financial markets, share trading, and business development. He holds a Bachelor of Commerce (Honours) degree from the University of Calcutta and has professional exposure through associations with Choice International Private Limited and Cifdaq Private Limited.
• Mr. Mohit Lochan (DIN: 11896430): Appointed as an Independent Director with experience in banking, insurance, and capital markets. He holds an MBA in Finance from Udaipur University and began his career with ICICI Lombard before engaging in stock market activities since 2009.
• Mrs. Ritika Bachhawat (DIN: 08615248): Appointed as an Independent Director with a background in corporate law and securities regulations. She is a qualified Company Secretary from ICSI and holds an LL.B. from Chaudhary Charan Singh University. She has previously worked with Sampark India Logistics Limited and the UV Group.

Additionally, the board recommended and shareholders approved the appointment of M/s Rohit Bhatia & Associates, Practicing Company Secretaries, as the Secretarial Auditors.

Compliance and disclosures

The Notice dated September 3, 2026, convening the AGM, along with the Explanatory Statement and the Report and Accounts for FY26, were taken as read. The remote e-voting facility was open from September 27 to September 29, 2026. The meeting concluded at 2:30 pm with a vote of thanks from the Chairperson.