Ghushine Fintrrade Ocean Ltd concluded its 31st Annual General Meeting on September 26, 2026, with all proposed resolutions approved unanimously by the shareholders. The meeting, held at the company's registered office in Surat, saw the adoption of standalone financial statements for FY26 and key governance decisions.

The proceedings were presided over by Chairman Alok Jain. Due to regulatory exemptions applicable to companies covered under Chapter XB of SEBI (ICDR) Regulations, 2009, the meeting was conducted via physical presence without e-voting facilities. Voting was conducted through a show of hands as per Section 107 of the Companies Act.

Key resolutions and outcomes

Four specific items of business were transacted during the meeting. All resolutions received full support from the members present, resulting in a 100% approval rate for each item. The scrutinizer, Jitendra Bhagat, confirmed the voting results and submitted his report to the chairman.

Attendance and governance details

The meeting recorded low attendance relative to the total shareholder base. Out of 128 shareholders on the record date, only eight individuals attended in person, comprising six promoters and two public shareholders. No proxies or video conferencing participants were recorded.

Directors present included Kapilaben A. Jain, Alok B. Jain, Sagar Kumbhani, Kusum Fulfgar, and Ashwini J. Bardoliya. The board noted that statutory registers remained open for inspection by members during the meeting hours.

Ghushine Fintrrade Ocean Ltd has appointed Samyak Alok Jain as its Chief Financial Officer (CFO), effective September 22, 2026. This move follows the resignation of Pavan Jain from the role due to personal commitments. The new appointment is for a five-year term and was approved by the Board of Directors at a meeting held on the same date.

Key Managerial Personnel Changes

The Board accepted the resignation of Pavan Jain as CFO with effect from the close of business hours on September 22, 2026. Simultaneously, Samyak Alok Jain was appointed as the new CFO under the category of Key Managerial Personnel. This decision was based on recommendations from both the Nomination & Remuneration Committee and the Audit Committee.

Samyak Alok Jain is approximately 22 years old and holds education in Management and Finance. He brings one year of experience in finance to the role. Notably, he is the son of Alok Bhopalsingh Jain, the Managing Director and CEO of the company. His responsibilities will encompass all matters related to accounts and finance.

Internal Auditor Appointment

In addition to the leadership change, the Board approved the appointment of M/s AADIL AIBADA & ASSOCIATES, Chartered Accountants, as the Internal Auditors for FY27. This appointment was made on the recommendation of the Audit Committee. The firm is described as an Assurance Tax, Regulatory and Business Advisory firm with expertise in audit, tax, risk advisory, and consulting.

Governance and Compliance

The board meeting commenced at 4:30 pm and concluded at 5:00 pm on September 22, 2026. The disclosures were made pursuant to Regulation 30 read with Regulation 33 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding the detailed disclosure requirements for these changes.