JMD Ventures Limited has submitted the consolidated scrutinizer report for its 42nd Annual General Meeting held on September 26, 2026. All three resolutions were passed with 100% votes in favour, with no votes cast electronically during the meeting itself.

The meeting, conducted via video conferencing, was chaired by Kailash Prasad Purohit, Chairman and Managing Director. Sanjay Kumar Vyas, Practicing Company Secretary, served as the Scrutinizer. The report confirms that remote e-voting was facilitated by National Securities Depository Ltd. (NSDL) in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting mechanism and participation

Remote e-voting was available from September 23, 2026, at 9:00 am to September 25, 2026, at 5:00 pm. Shareholders holding shares as of the cut-off date, September 19, 2026, were eligible to vote. A total of 50 members attended the AGM via video conferencing, comprising two from the promoter group and 48 from the public.

Notably, while shareholders could vote electronically during the AGM up to 12:15 pm, the scrutinizer’s report indicates that no members cast votes through this facility during the session. All valid votes were recorded through the remote e-voting window prior to the meeting.

Detailed voting results

The following table presents the consolidated voting results as per the scrutinizer’s report, distinguishing between remote e-voting and votes cast during the AGM:

For the re-appointment resolution, one member casting invalid votes accounted for 524,658 shares. This indicates a significant block of shares that did not align with either the 'for' or 'against' categories, though it did not impact the final outcome given the overwhelming majority in favour.

Compliance and procedural details

The notice for the 42nd AGM was dated September 1, 2026. The total number of shareholders on the record date was 12,140. The scrutinizer confirmed that names of shareholders who voted remotely were blocked from voting again at the AGM to prevent duplication. The proceedings adhered to Section 103 of the Companies Act, 2013 regarding quorum and Section 108 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 for electronic voting.

Twelve members registered as speakers, with five raising queries on business prospects during the session. The results have been declared in accordance with Regulation 44 of SEBI (LODR) Regulations, 2015.

JMD Ventures has scheduled its 42nd Annual General Meeting (AGM) for September 26, 2026, at 11:15 am via Video Conferencing or Other Audio Visual Means (OAVM). The company also released its audited financial results for FY26, reporting a significant decline in revenue and profit compared to the previous year.

The book closure period for the AGM is fixed from September 20, 2026, to September 26, 2026. Shareholders holding shares on record during this period will be eligible to vote. The remote e-voting period commences on September 23, 2026, at 9:00 am and ends on September 25, 2026, at 5:00 pm.

Financial Performance

Total revenue for FY26 stood at ₹132.10 lakh, a sharp decline from ₹292.34 lakh in FY25. Profit after tax and extraordinary items fell to ₹31.17 lakh from ₹132.87 lakh in the prior year.

Revenue from the Entertainment Segment was ₹46.61 lakh, down from ₹48.84 lakh. The Finance & Investment Segment contributed ₹85.49 lakh, significantly lower than ₹243.50 lakh in FY25. The directors do not propose any dividend for the year to conserve resources.

Corporate Actions

The Board of Directors, in its meeting held on September 1, 2026, approved an increase in authorized share capital from ₹30 crore to ₹60 crore. This requires member approval at the AGM. The board also recommended the re-appointment of Managing Director Kailash Prasad Purohit, who retires by rotation.

What the Numbers Show

The substantial drop in total revenue is primarily driven by the Finance & Investment Segment, which saw its contribution fall by nearly 65%. While operational expenses decreased from ₹135.40 lakh to ₹69.32 lakh, helping maintain profitability, the overall earnings capacity has contracted significantly year-on-year.