Amarnath Securities Limited scheduled its 32nd Annual General Meeting for September 30, 2026. The board approved the notice for the meeting, which will be conducted via video conferencing or other audio-visual means.

The company also announced key governance changes for shareholder approval. These include the re-appointment of Chetan Patel and a designation change for Kinnari Patel.

Board Meeting Outcome

The board of directors held its meeting on September 8, 2026, from 2:00 pm to 3:00 pm. The directors approved the notice for the 32nd AGM along with the director's report for FY26.

The board appointed Shravan Gupta & Associates as the scrutinizer for the meeting. It also approved the re-appointment of Chetan Patel (DIN: 03556088), who retires by rotation and is eligible for re-appointment.

Key Agenda Items

Shareholders will vote on several ordinary and special resolutions during the AGM. The voting process will use remote e-voting facilities provided by Bigshare Services Private Limited.

Governance and Compliance

The company seeks approval to appoint Mr. Anirudh Tanvar as secretarial auditor for a term of five consecutive years from FY27 to FY31. This appointment follows recommendations from the audit committee.

Additionally, the board proposed a special resolution to approve managerial remuneration up to ₹5 crore per annum in scenarios where the company reports inadequate or no profits. This provision allows flexibility in compensating directors despite financial shortfalls.

The borrowing powers resolution enables the board to raise funds from banks, financial institutions, or foreign lenders. The total borrowings may exceed the aggregate of paid-up share capital and free reserves.

Leadership Changes

Mrs. Kinnari Chetan Patel (DIN: 03566246) was appointed as an Additional Director on April 10, 2026. The board now proposes changing her designation to Executive Whole-Time Director effective from that date.

She will serve for a period of five years. Her expertise includes organizational development, administrative functions, and corporate governance. She is listed as an immediate relative of existing directors.

E-Voting and Logistics

The cutoff date for e-voting is September 23, 2026. The register of members and share transfer books will remain closed from September 23, 2026, to September 29, 2026.

Remote e-voting begins on September 27, 2026, at 9:00 am and ends on September 29, 2026, at 5:00 pm. Shareholders holding shares in demat mode can vote through their depository participants.

Amarnath Securities Limited entered into a business consulting and strategic mentoring mandate with PK Juices Group on August 27, 2026. The engagement covers assistance in evaluating funding requirements for the expansion of PK Juices' FMCG distribution business in South Gujarat.

The company disclosed the arrangement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Amarnath Securities will provide guidance on business expansion, distribution operations, and the identification of potential funding sources.

Strategic Options

The memorandum of understanding outlines two primary routes for the transaction:

• Merger or amalgamation of PK Juices with Amarnath Securities or a resulting entity.
• Preparation and execution of an initial public offering or listing strategy for PK Juices.

Amarnath Securities has been appointed as the exclusive strategic financial and transaction advisor. The final route will be determined after completion of due diligence and a feasibility assessment.

Investment Terms

Amarnath Securities proposes to make a strategic investment in PK Juices. The investment may be structured through equity shares, convertible instruments, or preference shares. The final valuation and securities to be issued will be documented separately after satisfactory due diligence.

The disclosure explicitly states that no amount has been committed, disbursed, or invested by Amarnath Securities as of the date of the filing. Any proposed investment is subject to board approval, compliance with applicable laws, and execution of definitive agreements.

Exclusivity and Governance

PK Juices and its promoters have agreed to an exclusivity period of 12 months from the date of the MOU. During this period, they cannot negotiate similar transactions with third parties without prior written consent from Amarnath Securities.

The parties acknowledged that existing promoters may continue to operate the business. The objective is to preserve entrepreneurial strength while introducing institutional governance and capital-market discipline.