Chase Bright Steel Limited shareholders unanimously approved all four resolutions at the 66th Annual General Meeting held on September 30, 2026. The voting results, filed on October 3, 2026, confirmed a 100% majority in favour across all agenda items.

The meeting was conducted through Video Conferencing and Other Audio Visual Means. Avinash Jajodia, Chairman and Managing Director, chaired the proceedings after declaring a valid quorum. The company provided remote e-voting facilities from September 27 to September 29, alongside postal ballot options for members unable to attend virtually.

Resolutions passed by shareholders

Members voted on four primary items of business as outlined in the meeting notice:

1. Adoption of audited financial statements for the year ended March 31, 2026.
2. Re-appointment of Avinash Jajodia (DIN: 00074886) as Director, who retired by rotation under Section 152(6) of the Companies Act, 2013.
3. Regularization of Achal Vijay (DIN: 11821713) as an Independent Director, following his initial appointment as an Additional Independent Director.
4. Re-appointment of Avinash Jajodia as Managing Director and Chairman for a term of 3 years (June 12, 2026 to June 11, 2029).

Voting results and participation details

The scrutiny report by Leena Agrawal & Co. confirmed that all resolutions were passed with requisite majority. A total of 26 members cast votes representing 13,49,448 shares, accounting for 80.56% of the total outstanding shares of 16,75,000. There were zero votes against and no invalid votes for any resolution.

Promoter and promoter group holders voted 12,00,983 shares in favour, while public non-institutional shareholders voted 1,48,465 shares in favour. Public institutional shareholders did not cast any votes during the remote e-voting or poll periods.

Governance and voting details

The Chairman confirmed that e-voting facilities were available to attendees who had not previously cast votes remotely. Voting results regarding the resolutions have been communicated to the stock exchange along with the scrutinizer's report within stipulated time limits. These results are also published on the company website.

What the numbers show

The filing confirms the completion of the statutory governance cycle for FY26. The simultaneous re-appointment of the CMD and the regularization of the Independent Director indicate stability in the board composition. The unanimous voting pattern reflects strong alignment between the promoter group and participating public shareholders on key leadership decisions.

Chase Bright Steel Limited has scheduled its 66th Annual General Meeting for September 30, 2026 at 11:00 am via Video Conferencing/Other Audio Visual Means.

The company's register of members and share transfer books will remain closed from September 24, 2026 to September 30, 2026 (both days inclusive) for the purpose of the AGM. Remote e-voting will commence on September 27, 2026 at 9:00 am and close on September 29, 2026 at 5:00 pm. The e-voting facility is being provided through Central Depository Services (India) Limited (CDSL).

Key agenda items

The AGM will transact the following business:

• Adoption of audited financial statements for the year ended March 31, 2026, along with reports of the Directors and Auditors
• Re-appointment of Avinash Jajodia (DIN: 00074886), who retires by rotation under Section 152(6) of the Companies Act, 2013
• Regularisation of Achal Vijay (DIN: 11821713) as an Independent Director
• Re-appointment of Avinash Jajodia as Chairman and Managing Director

Director appointments and profiles

The following table summarises the key details of directors being considered for appointment or re-appointment at the meeting:

Re-appointment of Chairman and Managing Director

The Board of Directors, at its meeting held on May 29, 2026, approved the re-appointment of Avinash Jajodia as Chairman and Managing Director for a period of three years from June 12, 2026 to June 11, 2029, on the recommendation of the Nomination and Remuneration Committee. The remuneration is fixed at ₹1,00,000 per month with no perquisites. In the event of loss or inadequacy of profits in any financial year during his term, remuneration shall be governed by Section II of Part II of Schedule V to the Companies Act, 2013. Jajodia has served the company for over 20 years and holds directorships in Chase Enterprises Pvt. Ltd., Rose Investment Pvt. Ltd., and Aurum Ventures Pvt. Ltd.

Appointment of Independent Director

Achal Vijay was appointed as an Additional (Independent) Director by the Board at its meeting held on August 13, 2026. His appointment is proposed to be regularised at the AGM for a term of five consecutive years, up to the conclusion of the 71st Annual General Meeting, and he will not be liable to retire by rotation. Vijay holds an MBA in Finance and the Board has confirmed he meets the independence criteria under Section 149(6) of the Companies Act, 2013.

E-voting and participation details

Shareholders may participate in the AGM through VC/OAVM and cast votes via remote e-voting or through the e-voting system on the day of the meeting. The VC/OAVM facility will be available to at least 1,000 members on a first-come-first-served basis, excluding large shareholders holding 2% or more, promoters, institutional investors, directors, key managerial personnel, and committee chairpersons. Members who have already voted through remote e-voting will be eligible to attend the meeting but will not be entitled to vote again at the AGM.

Shareholders who are unable to use the e-voting facility may submit a physical assent/dissent ballot form to the scrutinizer by September 29, 2026 at 5:00 pm. In cases where votes are cast through both formats, votes cast through e-voting will be cancelled and only the physical form will be considered, subject to its validity. The results, along with the scrutinizer's report, will be placed on the company's website within two days of the passing of resolutions and communicated to the stock exchange.