Camex Limited shareholders approved all 13 resolutions proposed at its 37th Annual General Meeting (AGM) held on August 7, 2026. The meeting, conducted via Video Conference (VC) / Other Audio-Visual Means (OAVM), saw strong support from public non-institutional investors for key agenda items, including the adoption of audited financial statements for FY26, the reappointment of director Rajesh Nahata, and multiple material related-party transactions. This outcome validates the company’s governance structure and strategic partnerships with group entities such as Camex Industries and Camex Speciality Private Limited.

The voting process was overseen by Mr. Ravi Kapoor of M/s. Ravi Kapoor & Associates, appointed as Scrutinizer by the Board on July 6, 2026. Remote e-voting was open from August 4, 2026, at 9:00 a.m. until August 6, 2026, at 5:00 p.m., with July 31, 2026, as the record date. A total of 4,022 shareholders were on record, representing 10,208,700 shares. Of these, 6,717,350 votes were polled overall, reflecting a 65.8% participation rate among promoters and public non-institutional investors combined.

Voting Breakdown by Resolution Type

The resolutions fell into two categories: ordinary resolutions without promoter interest (Resolutions 1 and 2), and ordinary or special resolutions involving related-party transactions where promoters abstained (Resolutions 3–13). In the first category, promoters voted in favor of 4,531,471 shares (99.89% of their holding). Public non-institutional investors cast 2,185,879 votes, with 99.9999% in favor. Public institutions did not vote.

For the remaining 11 resolutions involving related-party interests, the promoter group (holding 4,536,471 shares) abstained entirely, casting zero votes. Approval relied solely on public non-institutional investors, who held 5,671,229 shares and polled 1,132,241 votes (19.96% participation). These investors approved each resolution with 99.9998% support, with only two votes cast against in every instance. No invalid votes were recorded across any category.

Key Resolutions Approved

Shareholders approved the following material actions:

• Adoption of audited financial statements for FY26 along with Board and Auditor reports.
• Reappointment of Rajesh Nahata (DIN: 00278873) as a director retiring by rotation.
• Material related-party transactions with Camex Industries for job work of goods and materials.
• Transactions with Creative Texchem Private Limited, Camex Wellness Limited, and Camex Speciality Private Limited for purchase/sale of goods and materials.
• Rental agreements with Camex Speciality Private Limited and Chandraprakash Chopra HUF.
• Acceptance and granting of unsecured loans between Camex Limited and Camex Speciality Private Limited or Camex Wellness Limited.
• Appointment of Khushi Nahata, daughter of Whole-Time Director Rajesh Nahata, to hold an office or place of profit.

Governance and Compliance

The proceedings adhered to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant Ministry of Corporate Affairs (MCA) circulars, including MCA Circular No. 14/2020 dated April 8, 2020, and subsequent updates through Circular No. 09/2024 dated September 19, 2024. Statutory Auditors Surana Maloo & Co. and Internal Auditors A.H. Jain & Co. attended the meeting. Vishal Vadhvana, Company Secretary and Compliance Officer, confirmed no qualifications in auditor reports. The Scrutinizer’s consolidated report was issued on August 8, 2026, and uploaded to the company’s website.

Camex Limited has scheduled its 37th Annual General Meeting (AGM) for Friday, August 7, 2026, at 12:30 P.M. via Video Conferencing/Other Audio Visual Means, in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fixed Saturday, August 1, 2026, as the record date to determine shareholder eligibility for the meeting. The AGM notice was filed with BSE Limited on July 13, 2026, and is also available on the company's website.

Key AGM Dates

The following table outlines the important dates and timelines associated with the 37th AGM:

Ordinary and Special Business

The AGM agenda includes ordinary business such as the adoption of audited financial statements for the year ended March 31, 2026, and the re-appointment of Rajesh Nahata as Whole-Time Director. Under special business, shareholders will vote on several material related party transactions (RPTs) with entities including Camex Industries, Creative Texchem Private Limited, Camex Wellness Limited, and Camex Speciality Private Limited. The proposed transactions span job work arrangements, purchase and sale of goods, rent agreements, and unsecured loan transactions, all for a period of three years from FY 2026-27 to FY 2028-29.

Proposed Related Party Transactions

The following table summarises the key proposed RPTs and their respective transaction limits:

Loan Transaction Details with Camex Speciality Private Limited

With respect to the unsecured loan to be accepted from Camex Speciality Private Limited, the proposed amount does not exceed ₹25 Crore per year for the period FY 2026-27 to FY 2028-29, at an interest rate of 10%. The company has disclosed that the debt-to-equity ratio before the transaction stands at 0.15 and after the transaction at 0.69, while the debt service coverage ratio moves from 0.77 (before) to 5.48 (after). For the granting of an unsecured loan to Camex Speciality Private Limited, the proposed limit is ₹5.00 Crore per year for the same period, also at an interest rate of 10%.

Re-appointment of Rajesh Nahata

Shareholders will also vote on the re-appointment of Rajesh Nahata (DIN: 00278873) as Whole-Time Director. The following table provides key details about the appointee:

All proposed RPTs have been approved by the Audit Committee and recommended by the Board of Directors for members' approval. The transactions are stated to be undertaken on an arm's length basis and in the ordinary course of business, in compliance with the Companies Act, 2013 and SEBI LODR Regulations, 2015.