Grameva Limited shareholders approved the appointment of M/s. SDP & Associates as Statutory Auditors for a five-year term at its 59th Annual General Meeting (AGM) on August 5, 2026. The resolution, passed with 99.99% support, fills a casual vacancy left by the resignation of previous auditors and secures audit oversight until the conclusion of the 64th AGM. This appointment stabilizes the company’s governance framework following its rebranding from Bangalore Fort Farms Limited and supports its ongoing business diversification strategy.

The meeting, conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM), saw an 80.87% participation rate on outstanding shares. A total of 3,881,538 votes were polled out of 4,799,400 shares held by eligible members as of the record date, July 29, 2026. Managing Director Deepak Kandoi presided over the proceedings, while Company Secretary Milan Bhatia confirmed the quorum. Chief Financial Officer Bidhan Chandra Roy presented the financial overview for FY26.

Voting Breakdown by Shareholder Category

The scrutinizer’s report, submitted by Practising Company Secretary Sneha Agarwal, details the voting patterns across different investor categories. Promoter and promoter group entities, holding 2,651,064 shares, cast 100% of their votes in favor of every resolution. Public institutions, holding only 310 shares, did not participate in the voting process.

Auditor Appointment Details

Shareholders approved the appointment of M/s. SDP & Associates, Chartered Accountants, to fill the casual vacancy caused by the resignation of the previous Statutory Auditors. The firm will hold office for five consecutive years, from the conclusion of the 59th AGM until the conclusion of the 64th AGM. Remuneration is to be determined by the Board of Directors.

SDP & Associates is a peer-reviewed Chartered Accountants firm established in 1993 with ICAI Firm Registration No. 322176E. Headquartered in Kolkata, it has branch offices in Mumbai, New Delhi, and Varanasi. Led by eight experienced Fellow Chartered Accountant partners with over 30 years of combined professional experience, the firm provides services in audit, assurance, taxation, and compliance. It is empanelled with the Comptroller & Auditor General of India (CAG), RBI, State Bank of India, ICICI Bank, HSBC, Citibank, and Yes Bank.

Key Resolutions Approved

In addition to the auditor appointment, shareholders approved a mix of ordinary and special business items. Ordinary resolutions included the adoption of audited financial statements for FY26, the re-appointment of Mahendra Singh as a director retiring by rotation, and the approval of related party transactions. Special resolutions granted the Board significant financial maneuverability under Section 180(1)(c) for overall borrowing limits, Section 180(1)(a) for creating mortgages or charges on assets, Section 186 for increasing limits on loans, guarantees, securities, and investments, and Section 185 for advancing loans or providing guarantees.

Governance and Compliance

The e-voting process was conducted in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant MCA circulars. Remote e-voting was open between August 2, 2026, and August 4, 2026. The Statutory Auditors' Report and Secretarial Audit Report were taken as read during the meeting, containing no qualifications or adverse remarks. Sneha Agarwal served as the independent scrutinizer, certifying that all votes were valid and the resolutions passed with the requisite majority.

Grameva Limited , formerly known as Bangalore Fort Farms Limited, has reclassified Genesis Trade-Links Private Limited from the Promoter category to the Public category following the completion of an Open Offer. The Open Offer by Mrs. Maneesha Singh, Jagsakti Merchandise Private Limited, and Ros Advisory Private Limited (formerly known as Ros Insurance Advisors Private Limited) concluded on April 16, 2026. Consequently, the Acquirers have been classified as the Promoter/Promoter Group of the company with immediate effect, marking a shift in control.

Reclassification Details

The reclassification of Genesis Trade-Links Private Limited was disclosed in the Letter of Offer dated March 16, 2026. The entity confirmed compliance with Regulation 31A(3)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including that it does not hold more than 10% of total voting rights or exercise control over the company. The promoter also undertook not to be represented on the Board or act as Key Managerial Personnel for three years from the date of reclassification.

The shareholding details of the reclassified entity are as follows:

Regulatory Compliance

Grameva Limited confirmed compliance with the minimum public shareholding requirements under Regulation 38 of the SEBI (LODR) Regulations. The company stated that its equity shares are not suspended from trading by BSE Limited or The Calcutta Stock Exchange Limited and that there are no outstanding dues payable to SEBI, the stock exchanges, or depositories. The intimation was submitted in compliance with Regulation 31A(10)(ii) of the SEBI (LODR) Regulations.