Amco India will hold its 39th Annual General Meeting on September 30, 2026. The company has notified a book closure period from September 24 to September 30 to determine voting eligibility.

Board Appointments

The company seeks shareholder approval for the appointment of Mr. Neeraj Gupta as an independent director for a five-year term. He was initially appointed as an additional director on August 27, 2026. The resolution requires a special majority.

Mr. Rajeev Gupta, the chairman and managing director, retires by rotation and offers himself for re-appointment. He has served as a director since August 27, 1987.

Auditor Remuneration

Shareholders will also ratify the remuneration of M/s. Gurvinder Chopra & Co. as cost auditors for FY27. The board approved an annual fee of ₹70,000 plus out-of-pocket expenses and applicable taxes.

Voting and Book Closure Details

The register of members and share transfer books will remain closed from September 24, 2026, to September 30, 2026. The record date for determining eligibility to vote is September 23, 2026.

Remote e-voting opens on September 27, 2026, at 10:00 am and closes on September 29, 2026, at 5:00 pm. Central Depository Services (India) Limited facilitates the process. The meeting will be conducted through video conferencing or other audio-visual means.

What the Numbers Show

Mr. Rajeev Gupta holds 658,750 shares in the company, while Mr. Neeraj Gupta holds nil shares. This distinction highlights the separation between executive management with significant equity stakes and the newly appointed independent director, who brings external perspective without direct shareholding interest.

Amco India appointed Neeraj Gupta as an additional independent director on August 27, 2026. The board approved the five-year term during its meeting, pending shareholder ratification.

The appointment aligns with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting commenced at 2:00 pm and concluded at 3:20 pm on the same day.

Director Profile

Neeraj Gupta brings extensive experience in the real estate and corporate sectors. He holds a graduate degree from Delhi University and an MBA specializing in marketing from the University of Akron in Ohio, USA.

His professional background includes long-standing roles in corporate management, strategic oversight, and business operations. The disclosure notes his familiarity with governance, financial, and commercial matters.

Appointment Terms

The key details of the appointment are outlined below:

Gupta is not liable to retire by rotation. He affirmed that he is not debarred from holding the office of director by SEBI or any other authority, as required under BSE Circular no. LIST/COMP/14/2018-19 dated June 20, 2018.

The appointment remains provisional until approved by the company’s members.