Earkart Limited passes all resolutions at 5th AGM on 15 July 2026
Earkart Limited held its 5th Annual General Meeting on 15 July 2026 via Video Conferencing, approving all resolutions with 100% shareholder support. The meeting sanctioned the adoption of audited financial statements for FY26, the re-appointment of Mr. Rahul Salesha as Director, and the ratification of the Amended and Restated Earkart ESOP Scheme 2025- Amended 2026. A total of 7,812,575 votes were cast, representing 56.80% of the total outstanding shares, with the Scrutinizer's Report confirming the passage of all resolutions.
*this image is generated using AI for illustrative purposes only.
Earkart Limited concluded its 5th Annual General Meeting (AGM) on 15 July 2026 through Video Conferencing (VC) and Other Audio Visual Means (OAVM), approving all proposed resolutions with 100% shareholder support. The meeting, chaired by Mr. Rohit Misra, Chairman and Managing Director, sought approval for the audited financial statements for the financial year ended 31 March 2026, the re-appointment of a director, and the ratification of the Amended and Restated Earkart ESOP Scheme 2025- Amended 2026. Seven shareholders attended the meeting electronically, comprising four from the promoter group and three from the public category.
The remote e-voting process, conducted by Central Depository Services (India) Limited (CDSL), saw 7,812,575 valid votes cast, representing 56.80% of the total outstanding shares. Ms. Nikita Kothari, a Practising Company Secretary and Proprietor of M/s. N Kothari & Associates, served as the Scrutinizer to oversee the voting process. The detailed Scrutinizer's Report confirms that all resolutions were passed with the requisite majority.
Voting Results Summary
| Resolution | Type | Votes For | Votes Against | % For |
|---|---|---|---|---|
| Adoption of Financial Statements for FY26 | Ordinary | 7,812,575 | 0 | 100 |
| Re-appointment of Mr. Rahul Salesha (DIN: 09540291) | Ordinary | 7,812,575 | 0 | 100 |
| Ratification of Amended and Restated Earkart ESOP Scheme 2025- Amended 2026 | Special | 7,812,575 | 0 | 100 |
Shareholder Participation
| Category | Votes Polled | % of Outstanding Shares |
|---|---|---|
| Promoter and Promoter Group | 7,788,592 | 98.75% |
| Public Non-Institutions | 23,983 | 0.85% |
| Public Institutions | 0 | 0% |
| Total | 7,812,575 | 56.80% |
The statutory auditors' report contained no qualifications, while qualifications in the secretarial audit report were addressed through management representations in the Directors' Report. The voting results have been submitted to BSE Limited and are available on the company's website.
Historical Stock Returns for Earkart
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | -10.57% | -13.69% | -1.58% | -1.58% |
How will the amended ESOP scheme impact employee retention and equity dilution over the next fiscal year?
What strategic initiatives does the company plan to pursue following the unanimous approval of the FY26 financial statements?
Will the company take steps to increase public shareholder participation in future meetings given the low turnout?
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