Consecutive Commodities passes all resolutions at 44th AGM
- Consecutive Commodities held its 44th AGM on September 21, 2026, with all four resolutions passed via e-voting
- Adoption of FY26 audited financial statements received 76,013,357 votes in favour (99.99%) against 790 votes
- Re-appointment of Managing Director Jitendrakumar Leuva and statutory auditor appointments also cleared with 99.99% approval
- Out of 34,359 shareholders on record as of September 14, 2026, all voting activity came from public non-institutional shareholders
- Scrutinizer Jay Pandya of M/s. Jay Pandya & Associates submitted his report on September 22, 2026
*this image is generated using AI for illustrative purposes only.
Consecutive Commodities Limited concluded its 44th Annual General Meeting on September 21, 2026, with shareholders approving all four proposed resolutions via Video Conferencing and Other Audio Visual Means.
The meeting commenced at 2:29 pm and ended at 2:42 pm, chaired by Managing Director Jitendrakumar Chimanlal Leuva after confirming the requisite quorum. The remote e-voting period ran from September 18, 2026 at 9:00 am to September 20, 2026 at 5:00 pm, with members present during the AGM permitted to vote through the NSDL e-voting portal for 30 minutes post-conclusion.
Resolutions passed
Shareholders voted on four resolutions covering routine statutory approvals and specific appointments.
| Sr. No. | Particulars | Nature of resolution |
|---|---|---|
| 1 | Adoption of audited financial statements for FY26 | Ordinary resolution |
| 2 | Re-appointment of Jitendrakumar Leuva as director | Ordinary resolution |
| 3 | Appointment of statutory auditor (regular) | Ordinary resolution |
| 4 | Appointment of statutory auditor (casual vacancy) | Ordinary resolution |
Leuva, retiring by rotation, offered himself for re-appointment and was approved by members. The company also appointed M/s. Kapil Kumar Aggarwal & Associates, Chartered Accountants (FRN: 008174C), as its statutory auditor to fill a casual vacancy, in addition to their regular appointment.
Voting results breakdown
Out of 34,359 shareholders on record as of September 14, 2026, participation was primarily through e-voting. No promoters or public institutions cast votes; all voting activity came from public non-institutional shareholders. The scrutinizer's report, submitted on September 22, 2026, confirmed all resolutions passed with the requisite majority.
For the adoption of financial statements (Resolution 1), 76,014,147 shares were polled, representing 11.87% of outstanding shares. The table below presents the detailed voting outcome across all four resolutions.
| Resolution | Votes in favour | Votes against | % in favour | % against | Invalid votes |
|---|---|---|---|---|---|
| Adoption of financial statements | 76,013,357 | 790 | 99.99% | 0.01% | 0 |
| Re-appointment of director | 76,012,343 | 804 | 99.99% | 0.01% | 0 |
| Statutory auditor appointment | 76,012,043 | 804 | 99.99% | 0.01% | 0 |
| Auditor casual vacancy fill | 76,012,143 | 804 | 99.99% | 0.01% | 0 |
Scrutinizer and process details
Jay Pandya, Proprietor of M/s. Jay Pandya & Associates, Company Secretaries, Ahmedabad (ACS No.: 63213, COP No.: 24319), was appointed as scrutinizer by the Board of Directors. His report was submitted to the company on September 22, 2026, and the detailed voting results were submitted to stock exchanges on September 23, 2026. The votes cast during remote e-voting were unblocked on September 21, 2026, after the conclusion of the AGM and were witnessed by two witnesses not in the employment of the company. The AGM notice was published in English newspaper The Echo of India and regional language (Bengali) newspaper Arthik Lipi on August 31, 2026.
Historical Stock Returns for Consecutive Commodities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +6.06% | +11.70% | -16.67% | +34.62% | -7.89% | 0.0% |
How will the appointment of M/s. Kapil Kumar Aggarwal & Associates influence Consecutive Commodities Limited's audit strategy and compliance posture for the upcoming fiscal year?
Given the low shareholder participation rate of 11.87%, what initiatives might the company implement to enhance retail investor engagement in future governance matters?
With Jitendrakumar Leuva re-appointed as Managing Director, what are the company's stated strategic priorities for its commodity trading operations over the next 12 months?
20
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
