Khoobsurat Limited shareholders approved the adoption of standalone financial statements for FY26 and the re-appointment of Alok Kumar Das as Director during the 44th Annual General Meeting held on September 28, 2026. The resolutions passed with overwhelming majority support via electronic voting.

Sanjay Mishra, Chairman and Managing Director, presided over the virtual session which commenced at 11:30 am and concluded at 12:05 pm. A total of 36 members attended the meeting through video conferencing, including one representative from the promoter group. The quorum requirements under Section 103 of the Companies Act, 2013 were met, allowing the proceedings to proceed formally.

Voting results on key resolutions

The scrutinizer’s report, certified by Kriti Daga, a practicing company secretary, detailed the voting outcomes for the two ordinary resolutions placed before the members. No physical ballots were received, and all votes were cast through the e-voting platform provided by National Securities Depository Ltd. (NSDL).

Compliance and procedural details

Remote e-voting facilities were provided to members from September 25, 2026, through September 27, 2026. Shareholders holding shares as of the cut-off date of September 21, 2026, were entitled to vote. Although eight shareholders registered as speakers for the meeting, none appeared or attended to address the assembly.

The Chairman noted that registers of members, directors, and key managerial personnel were accessible electronically to shareholders who requested access. The scrutinizer confirmed that no invalid votes were recorded for either resolution. The relevant records relating to electronic voting remain in the custody of the scrutinizer until the minutes of the AGM are signed by the Chairman and Managing Director.

Attendance and voting window specifics

The notice for the Annual General Meeting was issued on September 3, 2026. The remote e-voting period commenced on September 25, 2026, at 9:00 am and concluded on September 27, 2026, at 5:00 pm. Members who did not vote during the remote e-voting window were permitted to cast their votes electronically during the AGM until 12:35 pm.

Data from the Consolidated Scrutinizer Report indicates that while there were 117,911 shareholders on the record date, attendance was limited to those participating virtually. No shareholders attended in person or through proxy. Of the 36 attendees via video conferencing, one was from the promoter group and 35 were public shareholders.

Khoobsurat Limited received the completion order for plots SA 22 and 23 from the Gujarat Industrial Development Corporation (GIDC), marking a significant milestone in its brewery project development. This regulatory clearance follows the successful installation of a 315 KVA transformer to meet the factory's energy requirements.

The company confirmed that No Objection Certificates (NOCs) have been obtained from the Inspectorate of Factories and Boilers and the Directorate of Fire and Emergency Services. These approvals are critical prerequisites for the subsequent licensing processes required to commence commercial operations.

Regulatory Clearances and Timeline

The Occupancy Certificate for the specified plots is currently under process and is expected to be received within the next 15 days. Additionally, the company aims to secure the NOC from the Pollution Control Board to operate the Effluent Treatment Plant (ETP) by the 25th of this month. The consent to establish the ETP has already been granted.

Path to Commercial Operations

Following the receipt of all pending permissions, including the Occupancy Certificate and ETP NOC, the company will submit the documentation to the Excise Department. This step is necessary to obtain permission to operate the plant on a commercial basis. Khoobsurat Limited already holds the license to establish the brewery plant, indicating that the primary hurdle now lies in finalizing operational clearances rather than construction permits.