Delta Industrial Resources Limited concluded its 41st Annual General Meeting on September 28, 2026. The meeting, held via video conferencing, saw shareholders approve several key resolutions, including an increase in borrowing limits and alterations to the company's memorandum of association.

The meeting was chaired by Managing Director Lily Mundu. The requisite quorum was present, and the notice convening the AGM along with the annual report for FY26 were taken as read with member consent. The statutory auditors' report did not contain any qualifications or adverse remarks requiring explanation.

Resolutions passed

Shareholders transacted seven items of business, comprising five ordinary and two special resolutions. The ordinary resolutions covered the adoption of audited financial statements for FY26, the re-appointment of Lily Mundu as director retiring by rotation, and the re-appointment of statutory auditors. Additionally, M/s. Shravan A. Gupta & Associates were appointed as secretarial auditors for a term of five consecutive financial years.

The special resolutions approved by members included:

• Alteration of the object clause of the memorandum of association.
• Enhancement of limits for loans, guarantees, securities, and investments under Section 186 of the Companies Act, 2013.
• Increase in borrowing limits under Section 180(1)(c) of the Companies Act, 2013.

Voting and scrutiny details

The company provided facilities for remote e-voting and e-voting during the meeting. Mr. Shrvan A. Gupta, a practising company secretary, was appointed as the scrutiniser to ensure a fair and transparent counting process. The e-voting facility remained open for 15 minutes after the conclusion of the AGM to allow members to cast their votes.

Voting results and the scrutiniser's report are scheduled for disclosure on or before September 30, 2026, in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Delta Industrial Resources Limited has appointed M/s. Bhattar & Associates as its statutory auditors for a five-year term. The Board of Directors approved the appointment on September 4, 2026, following a recommendation from the Audit Committee. The firm will hold office from the conclusion of the ensuing 41st Annual General Meeting until the conclusion of the 46th Annual General Meeting, subject to member approval.

The company disclosed the move under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s. Bhattar & Associates, holding Firm Registration Number 131411W, brings 15 years of experience in GST registration, income tax consulting, and accounting services. The appointment replaces the previous statutory auditor arrangement for the specified tenure.

Appointment Details

The Board’s decision aligns with standard corporate governance practices for statutory audit rotations and appointments. Key details of the engagement include:

• Auditor Firm: M/s. Bhattar & Associates (Firm Reg. No. 131411W)
• Tenure: Five consecutive years
• Start Date: Conclusion of the 41st Annual General Meeting
• End Date: Conclusion of the 46th Annual General Meeting
• Approval Status: Pending shareholder approval at the AGM

The company has intimated both the BSE Limited and the Metropolitan Stock Exchange of India Limited regarding the change. No relationships between directors and the appointed auditors were disclosed in the filing.