Corporate Merchant Bankers Limited submitted revised voting results for its Annual General Meeting (AGM) held on September 30, 2026, following a discrepancy notice from BSE Limited regarding the meeting date in its original filing.

The company clarified that the initial announcement, dated October 5, 2026, contained an inadvertent typographical error in the XBRL data, listing the AGM date as October 30, 2026, instead of the correct September 30, 2026. The revised submission, filed on October 9, 2026, under Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, corrects this error while reaffirming the previously disclosed voting outcomes.

Voting outcomes remain unchanged

The scrutinizer’s report confirmed that all five resolutions passed at the AGM received near-unanimous approval. Out of the total valid votes cast, 54,634,328 were recorded in favour of each resolution, while only 4 votes were cast against. No invalid votes were reported for any of the five items.

Each resolution secured 99.99% of the valid votes cast in favour, indicating strong shareholder alignment with management proposals.

Procedural compliance and corrections

The e-voting process was facilitated by National Securities Depository Limited (NSDL). Jay Pandya & Associates, Company Secretaries, served as the scrutinizer for the voting process. The report noted that no newspaper advertisements were published for the notice dispatch, consistent with current regulatory allowances for electronic communication to registered email IDs.

In the revised filing, the company stated that necessary corrective measures will be undertaken to strengthen internal controls and ensure accuracy in future corporate announcements. The Managing Director, Vishal Jethalal Nayak, signed the submission to stock exchanges confirming the receipt of the scrutinizer’s report. The results were declared after the conclusion of the AGM, witnessed by two individuals not employed by the company.

What the Numbers Show

The voting pattern reveals a distinct separation between promoter and public participation. While promoters held 1,979,580 shares, they cast zero votes across all resolutions. Conversely, public non-institutional shareholders, holding 61,424,539 shares, cast 54,634,332 votes, representing an 88.94% turnout among this group. This indicates that the overwhelming approval margins were driven entirely by public shareholders, with promoters abstaining from the voting process despite their significant stakeholding.

Corporate Merchant Bankers has approved the appointment of new statutory, internal, and secretarial auditors for the financial years 2026-27 through 2030-31. The board also sanctioned the relocation of its registered office from New Delhi to Ahmedabad.

The appointments were made during a board meeting held on September 8, 2026. The resolutions require shareholder approval at the upcoming annual general meeting.

Auditor Appointments

The board recommended the following firms for audit roles, subject to member approval:

M/s. D D S & Associates will serve as statutory auditor from the conclusion of the 32nd AGM until the conclusion of the 37th AGM in 2031. M/s. Shweta Jain & Co LLP was appointed as internal auditor for FY26-27 effective immediately.

Office Relocation

The company plans to shift its register office from A-19, Okhla Phase-2, New Delhi, to A/1-303, Palladium Business Park, Ahmedabad. This move requires approvals from shareholders and relevant regulatory authorities. The address for maintaining books of accounts will also change to the new Ahmedabad location.

AGM Details

The 32nd Annual General Meeting is scheduled for September 30, 2026, at 4:00 pm. The meeting will be conducted through video conferencing or other audio-visual means.