Ganesha Ecoverse Limited held its 23rd Annual General Meeting on September 26, 2026, via video conferencing. All four ordinary resolutions tabled at the meeting were passed by requisite majority, as confirmed in the consolidated scrutinizer's report submitted on September 29, 2026.

The meeting was chaired by Vishnu Dutt Khandelwal and ran from 2:00 pm to 2:40 pm. The requisite quorum was present. Members reviewed the audited standalone and consolidated financial statements for FY26, along with the Board of Directors' reports and auditor opinions. Both statutory and secretarial audits reported no qualifications or adverse remarks. Sandeep Khandelwal, Managing Director, addressed member queries regarding the company's performance and key developments during the fiscal year.

Agenda and resolutions

The following items were tabled for approval:

Voting process

Remote e-voting opened on September 23, 2026, at 10:00 am and closed on September 25, 2026, at 5:00 pm, using the NSDL electronic platform. The cut-off date for determining member entitlements was September 19, 2026. A total of 37 members cast votes through remote e-voting, while 1 member voted during the AGM itself. CS Hemant Kumar Sajnani of HKS & Associates LLP served as the scrutinizer, with results unblocked in the presence of two witnesses.

Consolidated voting results

The table below presents the combined remote e-voting and AGM e-voting outcome for each resolution:

Items 1, 2, and 3 each recorded 6,245,500 votes in favour against 72,750 dissenting votes. Item 4, relating to material related party transactions with GESL Spinners Limited, saw 5,904,500 votes in favour and 83,750 against, reflecting a slightly lower but still decisive approval rate of 98.60%.

What the Numbers Show

Voting patterns reveal a clear distinction between promoter and public shareholder participation. Promoters and their group held 330,000 shares and voted unanimously in favor of Resolutions 1, 2, and 3, casting zero dissenting votes. For Resolution 4, which involved a related party transaction where promoters were interested, promoter votes were excluded from the tally. Consequently, the approval rate for this resolution (98.60%) is derived solely from public non-institutional shareholders, who cast 5,988,230 votes. In contrast, the higher approval rates for financial statements and director re-appointment (98.85%) include the unanimous promoter block, diluting the impact of the 72,750 dissenting votes from the public sector.

Post-meeting disclosures

The results were declared by the Chairman on September 29, 2026, and are required to be displayed on the company website, the NSDL platform, and BSE. All electronic data and records related to the voting process will be retained under the custody of the company secretary following the Chairman's approval and signing of the AGM minutes.

Ganesha Ecoverse Limited has closed its trading window for equity shares effective October 1, 2026. The restriction will remain in force until 48 hours after the company announces its un-audited financial results for the half year ended September 30, 2026.

Regulatory compliance and timeline

The closure is pursuant to the company's Code of Conduct to regulate, monitor, and report trading by Designated Persons and their immediate relatives. This action aligns with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and subsequent amendments.

The trading window will reopen exactly 48 hours after the declaration of the half-yearly results is made to the stock exchanges. The specific date of the Board Meeting to approve these results will be intimated separately by the company.

Key dates and status

This procedural step ensures that no insider information regarding the upcoming financial performance is utilized by designated persons during the sensitive period leading up to the public disclosure.