Hind Commerce Limited held its 41st Annual General Meeting on September 24, 2026, in Mumbai. The meeting focused on the adoption of audited financial statements for the fiscal year ended March 31, 2026, and the re-appointment of a director. Both resolutions were passed unanimously by the shareholders present and participating via e-voting.

The proceedings commenced at 3:00 pm at the company's registered office. Eight members attended in person, satisfying the requisite quorum under Section 103 of the Companies Act, 2013. The meeting concluded by 3:30 pm after the passing of resolutions through e-voting and poll mechanisms.

Key resolutions passed

The Chairman, Umesh Lahoti, presented two ordinary resolutions to the shareholders. Both items were part of the ordinary business agenda and were approved by the members present.

The first resolution covered the adoption of the audited financial statements along with the reports of the Board of Directors and Auditors. The second resolution addressed the re-appointment of Ujwal Lahoti (DIN: 00360785), who retired by rotation and was eligible for re-appointment.

Voting results and participation

In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company facilitated electronic voting via National Securities Depository Limited (NSDL). The e-voting window opened on September 19, 2026, and closed on September 23, 2026. Shareholders who had not exercised their rights via e-voting were permitted to cast their votes through a poll during the meeting.

Mrs. Sonam Jain, a practicing company secretary, served as the scrutinizer for the voting process. The consolidated voting results indicated strong shareholder support for both agenda items.

The total number of equity shares voted was 955,400, representing approximately 31.85% of the outstanding shares of 3,000,000. Promoters and promoter group held 592,600 shares, while public non-institutional shareholders held 2,407,400 shares. No votes were recorded against either resolution, and there were no invalid or abstained votes.

Governance and management commentary

During the address, the Chairman provided an overview of the market conditions within the textile industry. He also detailed the company's financial performance and outlined future expansion plans to the attendees. The Statutory Auditors' Report and Secretarial Audit Report were noted to be free of qualifications.

The results of the voting, along with the scrutinizer's report, are scheduled to be published on the company's website and communicated to the stock exchange within two working days. The meeting record date was September 17, 2026, with a total of 530 shareholders on the register.

Hind Commerce has scheduled its 41st Annual General Meeting (AGM) for Thursday, September 24, 2026. The meeting will convene at 3:00 pm at the company's registered office in Mumbai to transact ordinary business items.

Key Agenda Items

The primary objective of the gathering is for shareholders to receive, consider, and adopt the financial statements for the fiscal year ended March 31, 2026. This includes the balance sheet, profit and loss account, along with the reports from the directors and auditors.

Additionally, the board has placed a resolution to re-appoint Mr. Ujwal Lahoti as a director. He retires by rotation at this meeting and, being eligible, offers himself for re-appointment. Mr. Lahoti brings over 40 years of experience in yarn and cloth trading and exports.

Voting and Logistics

Shareholders holding shares as on the record date of Friday, September 17, 2026, are eligible to vote. The company has enabled remote e-voting through the National Securities Depository Limited (NSDL) system. The e-voting window opens on Saturday, September 19, 2026, at 9:00 am and closes on Wednesday, September 23, 2026, at 5:00 pm.

Members attending in person can also exercise their voting rights via poll if they have not voted electronically beforehand. The register of members will remain closed from Friday, September 18, 2026, through Thursday, September 24, 2026.

Annual Report Access

Pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations, the company has sent letters with web-links to members who have not registered their email addresses. The complete details of the Annual Report for FY26 are available on the company’s website.

Members are requested to update their email addresses with their depository participants to receive future communications digitally.

Director Profile

Mr. Ujwal Lahoti holds a graduation degree in commerce from Shivaji University, Solapur. He is currently associated with other listed entities, serving as a director at Lahoti Overseas Limited. His committee memberships include roles in the stakeholder relationship and corporate social responsibility committees at Lahoti Overseas Limited.