Last Mile Enterprises held its 31st Annual General Meeting on September 30, 2026. The meeting was conducted via video conferencing to adopt the standalone and consolidated financial statements for the financial year ended March 31, 2026.

Shareholders approved the declaration of a dividend for FY26 as recommended by the Board of Directors. The company also addressed routine governance matters, including the re-appointment of directors retiring by rotation and the appointment of new independent directors.

Meeting proceedings and attendance

The meeting commenced at 12:00 pm with Mr. Hemrajsinh Vaghela, Chairman of the Company, welcoming shareholders. He briefed members on the participation protocols for the virtual meeting. The requisite quorum was present, allowing the Chairman to call the meeting to order in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key attendees included:

• Mr. Hemrajsinh Vaghela: Chairman
• Mr. Harishkumar Rajput: Managing Director
• Mr. Surendrasinh Jhala: Independent Director
• Mr. Amit Gulati: Independent Director
• Mrs. Shobha Bharti: Independent Director
• Mr. Brijendra Markandey Pandey: Director
• Ms. Nidhi Bansal: Company Secretary

The statutory auditor and the scrutinizer, Mr. Anish B. Shah from A Shah & Associates, were also present via video conferencing. The Chairman noted that the auditors' report contained no major qualifications or observations affecting the financials, leading to its adoption by consent.

Key resolutions passed

The business transacted at the AGM covered both ordinary and special items. The following table summarizes the key resolutions:

Following the presentations, the Managing Director invited queries from members, which the Chairman addressed satisfactorily. An e-voting facility remained open for 15 minutes to allow shareholders to cast their votes on the proposed resolutions.

Voting and conclusion

The voting process was scrutinized by A Shah & Associates to ensure transparency. The Company Secretary was authorized to declare the results upon receipt of the scrutinizer's report. The meeting concluded at 12:26 pm, with the Chairman thanking members for their participation. The results of the voting will be placed on the company's website shortly.

Last Mile Enterprises has announced a book closure period from September 24 to September 30, 2026. This closure facilitates the company’s 31st Annual General Meeting (AGM) and the declaration of dividends for the financial year ended March 31, 2026.

The AGM is scheduled for Wednesday, September 30, 2026. The meeting will be conducted via video conference or other audio-visual means in compliance with Section 91 of the Companies Act, 2013 and Regulation 42 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Book Closure Details

The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026, inclusive. Shareholders on record as of September 23, 2026, are eligible to vote.

Remote e-voting opens on September 27 at 9:00 am and closes on September 29 at 5:00 pm.

Agenda Items

The Board has proposed several ordinary and special business items for shareholder approval during the meeting.

Dividend Recommendation

The Board recommends a final dividend of 2% per equity share for the financial year ended March 31, 2026. Eligibility is determined based on the register of members as of the cut-off date.

Director Appointments

The meeting will seek approval for the reappointment of Mr. Amit Gulati for a second five-year term starting September 27, 2026. Additionally, shareholders will vote to appoint Mrs. Shobha Bharti as a non-executive independent director for a five-year term effective from August 14, 2026.

Mr. Brijendra Markandey Pandey retires by rotation and offers himself for reappointment. He holds a Bachelor of Science in Mathematics and has 16 years of experience in the supply chain segment.