Keto Motors conducts 26th AGM virtually to adopt FY26 accounts
- Keto Motors Limited held its 26th AGM on September 29, 2026, via video conferencing
- Members adopted audited financial statements for the year ended March 31, 2026
- Raj Kumar Medimi was re-appointed as director following retirement by rotation
- Statutory auditor's report contained no qualifications or adverse observations
*this image is generated using AI for illustrative purposes only.
Keto Motors Limited held its 26th Annual General Meeting (AGM) on September 29, 2026, at 4:30 pm through Video Conferencing and Other Audio-Visual Means. The virtual format complied with Ministry of Corporate Affairs and SEBI circulars.
The meeting was chaired by Ankur Sharma, Independent Director. Key managerial personnel present included Whole-time Director Jhansi Sanivarapu, Non-Executive Director Venkatesh Challa, and Independent Director Himani Bhootra. Priya Ladda served as Company Secretary and Compliance Officer.
Resolutions Passed
The members transacted ordinary business through e-voting facilitated by Central Depository Services (India) Limited. The voting period ran from September 25 to September 28, 2026, with additional e-voting available during the AGM.
| Resolution | Type | Details |
|---|---|---|
| Adoption of Financial Statements | Ordinary | Audited balance sheet as at March 31, 2026, profit and loss account, cash flow statement, and reports of auditors and directors were adopted. |
| Re-appointment of Director | Ordinary | Raj Kumar Medimi was re-appointed in place of himself, retiring by rotation and offering himself for re-appointment. |
Auditor and Compliance Updates
The statutory auditor's report was taken as read. The company confirmed that there were no qualifications or adverse observations regarding financial transactions or matters impacting the company's functioning. The secretarial audit report was also presented to the members.
Boppudi and Associates served as statutory auditors, while P Srinivas & Associates acted as secretarial auditors. Navajyoth Puttaparthi, Partner of Puttaparthi Jagannatham & Co, served as the scrutinizer for the voting process.
Meeting Proceedings
The Chairman addressed members on the company's overall progress and future growth plans. Members were invited to express views and ask questions, which were addressed by the board and management. The meeting concluded at 5:10 pm after allowing 15 minutes for final e-voting.
Historical Stock Returns for Keto Motors Limited
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.90% | +4.65% | -11.83% | +152.97% | +152.97% | +152.97% |
What specific strategic initiatives or growth plans did the Chairman outline during the AGM that could impact Keto Motors' market position in the coming fiscal year?
How will the clean audit report without qualifications influence investor confidence and potential future capital raising efforts for the company?
Given the re-appointment of Raj Kumar Medimi, what are his immediate priorities regarding operational efficiency or expansion within the automotive sector?
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