AUDROC Limited Conducts 32nd Annual General Meeting on May 4, 2026
AUDROC Limited (formerly Alka India Limited) held its 32nd AGM on May 4, 2026, via Video Conference, with 37 shareholders in attendance out of 24,484 on record as of April 27, 2026. Five resolutions were proposed, covering financial statement adoption, dividend declaration, director re-appointment, amendment to the Memorandum of Association, and issuance of bonus shares for Minimum Public Shareholding compliance. Remote e-voting was open from May 1 to May 3, 2026, with an additional 15-minute window during the AGM. The meeting concluded at 11:32 A.M. IST, with voting results to be declared within 2 working days.
*this image is generated using AI for illustrative purposes only.
AUDROC Limited (formerly known as Alka India Limited) convened its 32nd Annual General Meeting on Monday, May 4, 2026, at 11:00 A.M. IST through Video Conference (VC) and Other Audio-Visual Means (OAVM). The meeting was chaired by Mr. Karnik Shasankan Pillai, Chairman and Managing Director of the Company. As on the record date of April 27, 2026, the total number of shareholders stood at 24,484.
Shareholder Attendance
A total of 37 shareholders participated in the meeting via video conferencing. No physical attendance was recorded, rendering the appointment of proxies inapplicable. The attendance breakdown is as follows:
| Category: | Promoter and Promoter Group | Public | Total |
|---|---|---|---|
| Present in person or through proxy: | Nil | Nil | Nil |
| Attended via Video Conferencing: | 3 | 34 | 37 |
| Total: | 3 | 34 | 37 |
Board and Key Personnel in Attendance
All directors of the Company attended the AGM. The following board members and key personnel were present:
- Mr. Karnik Shasankan Pillai – Chairman and Managing Director
- Mr. Harshkumar Kalidas Patel – Chief Financial Officer
- Mr. Jatinbhai Ramanbhai Patel – Non-Executive Director
- Ms. Himali Maheshbhai Thakkar – Non-Executive Independent Director
- Mr. Sagar Kumar – Non-Executive Independent Director and Chairperson of Audit Committee
- Ms. Komal Manoharlal Motiani – Non-Executive Independent Director, Chairperson of Nomination and Remuneration Committee and Stakeholder's Relationship Committee
Also in attendance were Mr. Jaswantbhai M Patel, representative of Statutory Auditors M/s. J.M. Patel & Bros., Chartered Accountants, and Mr. Jay Khatnani, representative of Secretarial Auditors and Scrutinizer M/s. J. D. Khatnani & Associates, Practicing Company Secretaries.
Resolutions Proposed
The Chairman informed members that a total of five resolutions were proposed for consideration at the AGM. The resolutions, if passed, were to be considered effective from May 4, 2026, subject to approval of relevant authorities as required. The details of the resolutions are as follows:
| No.: | Resolution | Type |
|---|---|---|
| 1 | Adoption of financial statements | Ordinary |
| 2 | Declaration of dividend on equity shares for the financial year ended March 31, 2026 | Ordinary |
| 3 | Re-appointment of Mr. Jatinbhai Patel (DIN: 06973337), Non-Executive Director, who retires by rotation | Ordinary |
| 4 | Approval of change in Object Clause and consequent amendment to Memorandum of Association | Special |
| 5 | Approval for issuance of bonus shares to public shareholders to achieve Minimum Public Shareholding compliance under Rule 19A of the Securities Contracts (Regulation) Rules, 1957, and to declare record date | Special |
The Chairman also noted that the Board of Directors' Report and the Standalone and Consolidated financial statements for the financial year ended March 31, 2026, were taken as read, having already been circulated to members. Qualifications raised in the Statutory Auditors' and Secretarial Auditor's reports were addressed by the Chairman during the meeting.
E-Voting Process and Conclusion
The Company Secretary, Ms. Himani Jhamar, briefed members on the e-voting procedure. Remote e-voting commenced at 09:00 A.M. IST on Friday, May 1, 2026, and concluded at 05:00 P.M. IST on Sunday, May 3, 2026. An additional 15-minute e-voting window was provided to members during the AGM for those who had not cast their votes through remote e-voting.
Mr. Jay Khatnani, Practicing Company Secretary, was appointed as Scrutinizer to oversee the e-voting process. The consolidated voting results and Scrutinizer's Report are to be declared within 2 working days from the conclusion of the AGM and will be made available on the websites of the Company, the Stock Exchange, and MUFG Intime (India) Private Limited. The meeting concluded at 11:32 A.M. IST.
How will the proposed change in AUDROC Limited's Object Clause reshape its core business strategy, and which new sectors or activities is the company likely to pursue?
What impact will the issuance of bonus shares for Minimum Public Shareholding compliance have on AUDROC Limited's stock liquidity and retail investor participation going forward?
Given the company's recent rebranding from Alka India Limited to AUDROC Limited, what strategic acquisitions or partnerships might be on the horizon to align with its new corporate identity?
19
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
