Atvo Enterprises Limited shareholders approved the audited financial statements for the fiscal year ended March 31, 2026, with 100% of valid votes cast in favor. The resolution passed at the 31st Annual General Meeting held on September 29, 2026, reflects strong shareholder support despite low overall participation.

The virtual meeting, conducted via video conferencing from 3:30 pm to 4:15 pm, was presided over by Naresh Kumar Gattani, Chairman and Managing Director. The independent auditor's reports on the standalone financial statements were unqualified, indicating no material misstatements or scope limitations in the audit process.

Voting results and scrutiny

Mr. Brij Kishore Sharma of M/s. B K Sharma & Associates served as the Scrutinizer for remote e-voting and e-voting during the meeting. The consolidated report confirmed that all resolutions set out in the notice dated July 2, 2026, were duly approved by shareholders with requisite majority.

For the adoption of financial statements, 83 members voted in favor, casting 53,577,958 valid votes. Only 2 members voted against, casting 1,010 votes. No votes were declared invalid or abstained. A similar pattern emerged for the reappointment of Siddharth Gattani (DIN: 07418858), who retires by rotation and offers himself for re-appointment.

What the Numbers Show

The voting data reveals a significant concentration of power among promoters. Promoters and Promoter Group members held 59,703,006 shares and cast 52,726,335 votes, accounting for 88.31% of their holdings. Public non-institutional shareholders, holding 47,282,064 shares, participated minimally, casting only 852,633 votes (1.80% of their holdings). The total votes polled represented just 50.08% of the company's outstanding shares, indicating limited public engagement despite the unanimous approval on record.

Meeting proceedings and compliance

The Company Secretary, Kirti Agarwal, confirmed that statutory registers were available for electronic inspection by shareholders during the meeting. In compliance with Ministry of Corporate Affairs circulars, the facility to appoint proxies was not provided for this virtual AGM. The Chairman delivered a speech outlining the company's financial performance for FY26 and its future outlook, though specific numerical details of this performance were not disclosed in the filing summary.

The meeting adhered to Section 108 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, utilizing electronic voting means for shareholder participation. The voting results and scrutinizer's report are hosted on the company's website and the e-voting service provider's platform.

Atvo Enterprises will close its register of members and share transfer books from September 23 to September 29, 2026. The closure facilitates the company’s 31st Annual General Meeting scheduled for Tuesday, September 29, 2026.

The meeting will be held at 3:30 pm through Video Conference or Other Audio Video Means. Shareholders can exercise their voting rights electronically using the Central Depository Services Limited (CDSL) e-voting platform.

E-Voting Schedule

The cut-off date for determining voting rights is September 22, 2026. Remote e-voting will commence on September 26, 2026, at 9:00 am and conclude on September 28, 2026, at 5:00 pm.

Regulatory Compliance

The notice was issued in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 91 of the Companies Act, 2013. Kirti Agarwal, Company Secretary and Compliance Officer, signed the disclosure on September 4, 2026.