Ajel Limited adopted its audited financial statements for the financial year ended March 31, 2026, during its 32nd Annual General Meeting held on September 30, 2026. The meeting, conducted entirely through Video Conferencing and Other Audio-Visual Means, saw members approve the Board of Directors and Auditors' reports alongside the consolidated accounts.

Meeting Proceedings and Attendance

The meeting commenced at 10:00 am and concluded by 10:15 am, chaired by Srinivasa Reddy Arikatla, Chairman and Managing Director. The requisite quorum was present as per Section 103 of the Companies Act, 2013. Electronic voting facilities were provided for all resolutions set forth in the notice dated September 5, 2026.

Key directors present included:

Resolutions and Voting Status

The primary business transacted was the adoption of the audited financial statements (including consolidated) for FY26. No other items of special or ordinary business were listed for resolution in the final agenda summary provided in the filing. C V Reddy, a practicing company secretary from Hyderabad, was appointed as the scrutinizer to ensure fair and transparent remote e-voting.

The company stated that voting results would be declared upon receipt of the scrutinizer's report. These results will be placed on the company's website and simultaneously disclosed to the stock exchanges. The meeting ended with a vote of thanks delivered by the chairman.

Ajel Limited's board approved the shift of its registered office from Jogeshwari (West) to Malad (West), Mumbai, effective October 1, 2026. The relocation is necessitated by the redevelopment of the company's current premises.

The decision was taken at a board meeting held on September 24, 2026, which commenced at 11:00 am and concluded at 11:30 am. The new address falls within the local limits of the same city and remains under the jurisdiction of the same Registrar of Companies (ROC).

Relocation details

The registered office will move from the Link Plaza Commercial Complex in Jogeshwari to the IJMIMA Complex in Malad. The specific address change is outlined below:

Compliance and authorisation

The board authorised the Company Secretary or any Key Managerial Personnel (KMP) to sign and file necessary e-forms, including e-Form INC-22, with the ROC. The company also confirmed compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, regarding the disclosure of this material event to BSE Limited.

Board meeting outcome

The meeting was chaired by Managing Director Srinivasa Reddy Arikatla. The approval covers both the physical shift of the registered office and the administrative filings required to update corporate records with regulatory authorities.