Artemis ADR Marketplace held its 14th Annual General Meeting on September 21, 2026. The meeting concluded with shareholders approving key administrative resolutions, including the appointment of a new statutory auditor and the re-election of a retiring director.

The event was conducted via Video Conference or Other Audio Visual Means (OAVM). Shrey Aggarwal, Whole-time Director, chaired the proceedings. As of the record date of September 14, 2026, the company had 108 shareholders. Of these, 26 public shareholders attended the meeting through video conferencing.

Key Resolutions Passed

The Board proposed four resolutions for shareholder approval. Three were classified as ordinary business, while one constituted special business.

The Board recommended M/s K Singh & Associates (Firm Registration No. 012458N) as Statutory Auditor for a four-year term, from the conclusion of this AGM until the conclusion of the AGM in 2030. Remuneration will be mutually agreed upon between the Board and the auditor.

Ms. Arti Chadda (DIN: 08350392), who retires by rotation under Section 152(6) of the Companies Act, 2013, offered herself for re-appointment and was duly elected.

Governance and Compliance

Mr. Nishant Jain, Practising Company Secretary (ACS: 75032, COP No.: 27747), served as the Scrutinizer for the e-voting process. E-voting commenced on September 18, 2026, at 9:00 am and concluded on September 20, 2026, at 5:00 pm. Additional voting was facilitated during the meeting.

The Chairman noted that while the Statutory Auditors' Report had no qualifications, the Secretarial Auditor's Report contained an observation addressed in the Board Report. All directors attended the meeting, and queries raised by members were addressed by management.

Artemis ADR Marketplace has provided the web link to access its annual report for FY26. The company notified shareholders on August 27, 2026, that the report is available at artemisadr.com/annual-reports. This disclosure precedes the 14th Annual General Meeting (AGM) scheduled for September 21, 2026.

The notice was issued by Shrey Aggarwal, Whole-time Director, in compliance with Regulation 36(1)(b) of the SEBI LODR Regulations. Physical copies are being sent only to members without registered email IDs. Shareholders holding shares in demat mode are urged to update their KYC details with respective depository participants.

Financial Performance

Artemis ADR reported a net loss of ₹74.93 lakh for FY26, compared to a loss of ₹74.48 lakh in the previous year. Revenue from operations fell nearly 50% year-on-year to ₹37.75 lakh from ₹73.55 lakh in FY25. This decline reflects the strategic shift from trading spices and masala to an Alternate Dispute Resolution (ADR) marketplace, which commenced operations on December 15, 2025.

Other income rose significantly to ₹20.17 lakh from ₹6.39 lakh, driven primarily by interest income of ₹18.18 lakh. Total expenditure decreased to ₹107.42 lakh from ₹158.14 lakh. Exceptional items, comprising asset write-offs and loss on sale of fixed assets, totaled ₹32.89 lakh.

Corporate Governance Updates

The Board appointed Mr. Nishant Jain as the scrutinizer for the voting process. Central Depository Services (India) Limited was named the e-voting agency. The AGM agenda includes the reappointment of M/s K Singh & Associates as statutory auditors for four years until 2030 and the reappointment of Ms. Arti Chadha as a director retiring by rotation.

The meeting noted the resignation of Mr. Unni Krishnan Nair, Manager, effective August 10, 2026. Intimation regarding this change has been provided to the BSE and Registrar of Companies.

Operational Matters

The Board deliberated on the closure of the company’s current account with Axis Bank, Sector 8 branch, Chandigarh. A special resolution seeks ratification of the auditor’s certificate regarding the change of name, confirming that at least 50% of total revenue in the preceding year was derived from the new ADR business activity. Revenue from the new ADR activity stood at ₹20.00 lakh (52.98% of total revenue), while legacy spice business contributed ₹17.75 lakh.