Intec Capital Limited's Board of Directors approved the recommendation to shareholders for the re-appointment of Ms. Shalini Rahul as an Independent Director for a second term of five consecutive years.

The decision was taken via a resolution passed by circulation on October 1, 2026. The proposed tenure commences on October 13, 2026, and extends through October 12, 2031. This appointment is subject to the final approval of the company's members.

Governance and procedural details

The Board's action follows the recommendation of the Nomination and Remuneration Committee. To facilitate shareholder voting, the Board also approved the notice for a postal ballot, the appointment of a scrutinizer, and the designation of authorized officers responsible for managing the ballot process.

Ms. Rahul is not liable to retire by rotation. The disclosure confirms she is not debarred from holding the office of Director by any SEBI order or other authority. There are no disclosed relationships between her and other Directors of the company.

Professional background

Ms. Rahul serves as an Associate Professor in Strategy, Innovation, and Entrepreneurship at IMT Ghaziabad. Her academic leadership roles include serving as Chairman for the Fellow Program in Management and acting as the National Innovation and Start-Up Policy Coordinator for the institute.

Her corporate engagement includes delivering training programs for major entities such as Reckitt Benckiser, Coca-Cola (India), GMR Delhi Airport Authority, and Hero Moto Corp. She has also conducted programs at international institutions including Burgundy School of Business in France and EESCA Business School in China.

What the numbers show

The filing highlights a continuity in governance rather than a change in strategy. By securing a second term for an Independent Director with deep academic and industry training credentials, the company signals stability in its oversight framework. The reliance on a postal ballot mechanism indicates that this governance update will be ratified directly by shareholders without requiring a physical general meeting, streamlining the compliance process under SEBI Listing Regulations.

Intec Capital shareholders approved the adoption of audited financial statements for FY26 and the reappointment of Sanjeev Goel as managing director at its 32nd Annual General Meeting on September 15, 2026. Both ordinary resolutions passed with requisite majority.

The meeting was conducted via video conferencing in compliance with Ministry of Corporate Affairs and SEBI regulations. Sanjeev Goel chaired the session, while Independent Director Shalini Rahul presided over the resolution regarding his reappointment due to his interest in the matter.

Key Resolutions

Shareholders approved two ordinary resolutions during the proceedings:

• Adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, along with the Directors’ and Auditors’ Reports.
• Reappointment of Sanjeev Goel as Managing Director, who retires by rotation and offered himself for re-election.

The Chairman presented the company’s performance for FY25-26 and addressed observations from the Statutory and Secretarial Auditors’ Reports. He also provided explanations from the Board regarding any qualifications or remarks noted by the auditors.

Voting Results

A total of 2,276 shareholders were on record as of the cut-off date, September 8, 2026. Participation varied significantly between the two resolutions due to promoter abstention on the related-party matter.

For the adoption of financial statements, promoters and promoter group members held 13,048,566 shares and cast 10,658,832 votes in favour, representing 81.69% of their outstanding shares. Public non-institutional shareholders held 5,317,684 shares and cast 4,123,637 votes, with 99.99% in favour.

For the reappointment of Sanjeev Goel, promoter votes were excluded as they were interested parties. Only public non-institutional shareholders voted, casting 4,123,637 votes. The resolution received 4,123,132 votes in favour and 505 against.

Attendance and Participation

A total of 91 shareholders participated in the meeting through video conferencing. This included 5 promoters and promoter group members and 86 public shareholders. The quorum was established at 12:03 pm IST.

Key attendees included directors from the Audit, Nomination and Remuneration, and Stakeholders’ Relationship Committees. Representatives from the statutory auditors, M/s S. P. Chopra & Co. Chartered Accountants, and secretarial auditors, M/s Srishti Singh & Associates, were present. Priyank Kukreja served as the scrutinizer for remote e-voting and voting during the meeting.

Meeting Proceedings

Shareholders were given the opportunity to raise queries and views through the audio-visual facility. The Managing Director responded to these questions. E-voting results and the consolidated Scrutinizer’s Report were disseminated to stock exchanges and made available on the company website and CDSL portal within the prescribed timeline.

The e-voting facility remained open for 15 minutes after the meeting concluded at 1:07 pm. The event concluded with the Chairman thanking members for their continued support.