Assam Entrade Limited shareholders approved all four resolutions at the 41st Annual General Meeting held on September 25, 2026, with a near-unanimous vote of 99.99% in favor.

The Consolidated Scrutinizer's Report, submitted on September 26, 2026, confirmed that 73 members cast their votes through remote e-voting via NSDL. No members voted during the live meeting session. The resolutions covered the adoption of FY26 financial statements, the reappointment of the Managing Director, the appointment of secretarial auditors, and the regularisation of a new independent director.

Voting Results Breakdown

The scrutinizer, CS Hemant Kumar Sajyani of HKS & Associates LLP, reported identical voting patterns across all items of business. The total number of valid votes cast was 647,657.

In each case, 69 members voted in favor and 4 members voted against. The dissenting votes represented a negligible fraction of the total shareholding voted.

Key Appointments and Governance Updates

The meeting, conducted via video conferencing with the Kolkata registered office as the deemed venue, saw the formal adoption of the standalone and consolidated audited financial statements for the fiscal year ended March 31, 2026. The proceedings complied with Ministry of Corporate Affairs and SEBI circulars, with quorum requirements met for ordinary and special business.

Key personnel decisions included:

• Nishant Gupta was re-appointed as Executive Director (DIN: 00326317) following his retirement by rotation.
• HKS & Associates LLP was appointed as Secretarial Auditors for a five-year term commencing FY27.
• Sunil Kumar Gupta (DIN: 11899017) was appointed as a Non-Executive Independent Director.

Board and Key Personnel Attendance

The Chairman of the meeting was Nishant Gupta, who also serves as Managing Director. The following directors and key managerial personnel were present:

Rati Gupta (Executive Director) and Robin Srivastava (Independent, Non-Executive Director) were absent due to pre-occupations. Statutory auditor Mehrotra & Company was represented by their respective partners.

Governance and Compliance

The Chairman delivered a speech addressing the company's business and financial performance, alongside future opportunities. The notice convening the AGM and the annual report were taken as read, as they had been previously circulated. The auditors' reports contained no adverse comments or qualifications.

Voting results pursuant to Regulation 44(3) of SEBI (LODR) Regulations, 2015, and the scrutinizer's report under Section 108 of the Companies Act, 2013, have now been formally submitted to the Bombay Stock Exchange.

Assam Entrade Ltd saw a promoter stake increase after Shreyansh Gupta acquired 45,136 equity shares, representing 3.14% of the company's share capital. The acquisition was executed through an inter-se off-market transfer by way of a gift deed among members of the company.

The transaction took place on September 24, 2026. Following this acquisition, Gupta's total holding in the company rose to 3.47%. The disclosure was filed with the Bombay Stock Exchange under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The acquirer, Shreyansh Gupta, belongs to the Promoter Group of the target company. The mode of acquisition is specified as an Off-Market transfer via a Gift Deed. The shares acquired are fully paid-up equity shares of face value ₹10 each.

Share Capital Structure

The total equity share capital of the company remained unchanged at 1,439,790 equity shares of ₹10 each before and after the transaction. This indicates that the transfer occurred between existing shareholders without any new issuance or dilution of the overall share count.

What the Numbers Show

The shift from a 0.33% pre-acquisition holding to 3.47% post-acquisition highlights a significant consolidation of promoter interest through non-cash means. Since the total share capital remained constant at 1,439,790 shares, the increase in Gupta's percentage is purely due to the reallocation of existing shares rather than any expansion of the company's equity base.