Mansoon Trading AGM: All resolutions pass with 100% votes in favor
- All resolutions passed with 100% votes in favor
- 9 shareholders voted representing 2,431,400 shares
- Pradeep Kumar Jajodia re-appointed as director
- FY26 audited financial statements adopted unanimously
*this image is generated using AI for illustrative purposes only.
Mansoon Trading Company Limited concluded its 41st Annual General Meeting on September 29, 2026, adopting the audited financial statements for the fiscal year ended March 31, 2026. The company also approved the re-appointment of Pradeep Kumar Jajodia as a director retiring by rotation.
The meeting was held at the registered office in Mumbai and chaired by Managing Director Vikas B. Kulkarni. The statutory auditors' report on the financial statements contained no qualifications, adverse comments, or reservations. No questions were raised by shareholders regarding the FY26 results.
Voting results and shareholder participation
The company disclosed detailed voting results pursuant to Regulation 44 of SEBI (LODR) Regulations, 2015. A total of 73 shareholders were recorded as of the cut-off date, September 25, 2026. During the meeting, 9 shareholders cast their votes via poll, representing 2,431,400 shares. Remote e-voting recorded zero participation.
All ordinary resolutions passed with 100% votes in favor and zero votes against. The promoter and promoter group held 1,580,900 shares, while non-public institutions held 873,800 shares. The total outstanding shares voted upon amounted to 2,454,700, with a polling percentage of 99.05% on outstanding shares.
| Resolution | Votes in Favor | Votes Against | % In Favor |
|---|---|---|---|
| Adoption of FY26 Financial Statements | 2,431,400 | 0 | 100% |
| Re-appointment of Pradeep Kumar Jajodia | 2,431,400 | 0 | 100% |
Business model and risk profile
During the address to shareholders, the Chairman outlined the company's primary business activities, which involve granting loans to corporate bodies and making long-term investments in listed equities. The strategy includes disposing of investments or calling back loans to redeploy capital at better rates. This approach aims to generate higher interest income while keeping finance costs low, thereby improving gross margins.
The Chairman highlighted that the nature of the business exposes the company to market, credit, and operational risks. As the entity operates within the heavily regulated capital markets sector, it evaluates technology obsolescence and associated risks before making investment decisions.
Governance and voting process
The company facilitated electronic voting through National Securities Depository Limited (NSDL). The remote e-voting period ran from September 26 to September 28, 2026. Girish Murarka, a practicing Company Secretary, served as the scrutinizer for the voting process. The following directors and key managerial personnel attended the meeting:
| Name | Role |
|---|---|
| Vikas B. Kulkarni | Managing Director (Chairman) |
| Pradeep Kumar Jajodia | Director |
| Anil Vitthal Londhe | Director |
| Rajshree Tapuriah | Director |
| Abhijeet Salvi | CFO |
| Neha Sanjeev Tulsyan | Company Secretary |
Resolutions passed
Two ordinary resolutions were put to vote during the AGM:
- Adoption of the audited financial statements for FY26, along with the Board of Directors' and Auditors' reports.
- Re-appointment of Pradeep Kumar Jajodia as a director in place of himself, who retired by rotation and offered himself for re-election.
Historical Stock Returns for Mansoon Trading
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
How will Mansoon Trading's strategy to redeploy capital into higher-yielding assets impact its interest income trajectory in the upcoming fiscal year?
Given the zero remote e-voting participation, what measures might the company implement to enhance minority shareholder engagement in future governance processes?
In what ways could rising interest rates or regulatory shifts in the Indian capital markets affect the company's credit risk profile regarding its corporate loan book?
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