Amco India conducted its 39th Annual General Meeting on September 30, 2026, through video conferencing. The meeting focused on approving financial results for FY26 and reshaping the board composition.

The proceedings were held in compliance with Ministry of Corporate Affairs and SEBI circulars regarding virtual meetings. Members participated via remote e-voting from September 27 to September 29, 2026, followed by live e-voting during the session. The meeting commenced at 1:00 pm and concluded at 1:21 pm with a vote of thanks to the chairperson.

Board changes and resolutions

The shareholders approved several key agenda items during the session. Rajeev Gupta, Chairperson and Managing Director, took the chair and provided an overview of the company's performance for the year ended March 31, 2026. He briefed members on prevailing economic conditions and operational challenges faced by the manufacturer of PVC films, sheetings, and aluminium foil.

The following resolutions were passed:

• Adoption of Financial Statements: The audited financial statements for FY26, along with Directors' and Auditors' reports, were adopted.
• Director Re-appointment: Rajeev Gupta was re-appointed as a director in place of himself, having retired by rotation.
• New Independent Director: Neeraj Gupta was appointed as an Independent Director via a special resolution.
• Auditor Remuneration: The remuneration for Cost Auditors was ratified through an ordinary resolution.

Attendees and compliance

The meeting was attended by directors and statutory auditors, including V.V. Kale & Co. The scrutinizer, Mohit Bajaj, submitted a consolidated report on voting results. These results, comprising votes from remote e-voting and live participation, are to be declared within two working days of the meeting's conclusion.

The company ensured that statutory registers and relevant documents were available for electronic inspection by members throughout the meeting. Priyanka Beniwal, Company Secretary and Compliance Officer, oversaw the procedural aspects of the virtual gathering.

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.