Atharv Enterprises Limited shareholders approved the reappointment of Pramod Kumar Gadiya as Managing Director for a period of five years during the company's 36th Annual General Meeting held on September 29, 2026.

The meeting, conducted via video conferencing and other audio-visual means, also saw the adoption of the audited financial statements for the fiscal year ended March 31, 2026. The board recommended several special resolutions concerning managerial remuneration and related party transactions, all of which were passed by the members.

Key resolutions passed

The following agenda items were considered and approved by the shareholders at the meeting:

Meeting proceedings and governance

Mr. Harish Sharma, Independent Director, chaired the meeting after quorum was established. Ms. Aditi Kakhani, Company Secretary and Compliance Officer, briefed members on e-voting procedures. A total of 32 members attended the virtual meeting.

Remote e-voting was facilitated through the NSDL platform from September 25 to September 28, 2026. E-voting during the live session remained open for 15 minutes following the conclusion of proceedings. The scrutinizer, Nidhi Bajaj of M/s. Nidhi Bajaj & Associates, oversaw the voting process.

The Chairman noted that voting results would be disseminated to BSE Limited and made available on the company website within two working days. The meeting concluded with a vote of thanks to the board and shareholders.

Atharv Enterprises will hold its 36th Annual General Meeting on September 29, 2026. The agenda focuses on leadership continuity, including the reappointment of Managing Director Pramod Kumar Gadiya and remuneration increases for key executives.

The meeting will be conducted through video conference or other audio-visual means (OVAM), in compliance with Ministry of Corporate Affairs and SEBI regulations. Shareholders with registered email addresses will receive the notice and annual report electronically.

Key Agenda Items

The primary focus is on leadership continuity and related-party disclosures. Shareholders will consider the adoption of audited financial statements for FY26.

Ordinary Business

The meeting will address the reappointment of Mrs. Vandana Pramod Gadiya as a director retiring by rotation. Additionally, shareholders are asked to reappoint M/s. Shweta Jain & Co LLP as statutory auditors for a five-year term, following the resignation of M/s. J. Singh & Associates in January 2026.

Special Business: Leadership and Remuneration

The Board proposes reappointing Mr. Pramod Kumar Gadiya as Managing Director for a five-year term from August 1, 2027, to July 31, 2032. Concurrently, shareholders are asked to approve an increase in his monthly remuneration to ₹1,50,000, effective April 1, 2026. This comprises a salary of ₹1,25,000 and perquisites up to ₹25,000.

Similarly, the remuneration of Ms. Vandana Pramod Gadiya, Executive Director and CFO, is proposed to increase to ₹1,00,000 per month, effective April 1, 2026. This includes a salary of ₹80,000 and perquisites up to ₹20,000.

Related Party Transactions

The agenda includes two material related-party transactions requiring special resolution approval under Section 188 of the Companies Act, 2013:

• Payment of a commission of ₹1,00,000 per month to Mr. Punit Gadiya, son of the Managing Director.
• Payment of a commission of ₹2,00,000 per month to Ms. Bhumi Gadiya, daughter of the Managing Director.

Both transactions are for services rendered to the company. The Audit Committee and Board have recommended these transactions, confirming they are in the company's interest.

Meeting Details and Voting

The register of members will remain closed from September 22 to September 29, 2026. Remote e-voting will be facilitated by NSDL. Members holding shares in demat mode can vote via their depository participants or directly through the NSDL e-voting portal.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30, Regulation 34, Regulation 42, and Regulation 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Hard copies of the annual report will not be furnished for members with registered email IDs.