Merritronix Limited submitted the consolidated scrutinizer report for its 38th Annual General Meeting (AGM) held on September 30, 2026. The filing confirms that all three resolutions proposed at the meeting were passed with the requisite majority.

The meeting, conducted via video conferencing, saw shareholders vote on the adoption of FY26 financial statements, the re-appointment of a director, and the appointment of a secretarial auditor. The voting results were unblocked after the conclusion of the AGM in the presence of two non-employee witnesses.

Voting details for key resolutions

The scrutinizer's report provides a breakdown of votes cast by promoters, public institutions, and public non-institutions. Notably, for the re-appointment of Darsy Kethan Chandra, promoter group members voted against during the poll, though the resolution still passed due to overwhelming support from other categories and remote e-voting.

Director re-appointment dynamics

For Resolution 2, regarding the re-appointment of Executive Director Darsy Kethan Chandra, the promoter and promoter group category recorded 14,15,700 votes against during the poll mode. However, the total votes in favour stood at 37,23,100, ensuring the resolution's passage. The public institutions and public non-institutions voted entirely in favour.

Governance and compliance updates

The company appointed M/s. L A and Associates as secretarial auditors for five consecutive financial years (FY27 to FY31) through a special resolution. This resolution received unanimous support from all voting categories.

Darsy Kethan Chandra, who serves on the Stakeholders Relationship Committee, has over three years of experience in accounting operations and tax compliance. He is the grandson of Chairman Yesudas Dovari and nephew of Managing Director Dovari Amarnath.

What the numbers show

The voting data reveals a distinct divergence in shareholder sentiment regarding the director re-appointment compared to other routine matters. While Resolutions 1 and 3 witnessed 100% support across all categories, Resolution 2 faced opposition from the promoter group's poll votes (14,15,700 against). Despite this internal dissent during the live poll, the aggregate support from remote e-voting and public shareholders ensured the resolution passed with 72.45% of votes polled in favour.

Merritronix Limited clarified that its analyst and institutional investor meeting was held on September 25, 2026, correcting an earlier announcement that stated the event took place on September 26.

The company attributed the discrepancy to an inadvertent typographical error in the initial outcome/intimation uploaded. The virtual session, organized by Arihant Capital Markets, commenced at 2:00 pm and concluded at 2:55 pm.

Compliance and disclosure

The management team participated in the virtual interaction. The company confirmed that no unpublished price sensitive information (UPSI) was shared during the session. This disclosure was made pursuant to Regulation 30 read with Part A of Schedule II of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Mandava Swathi, Company Secretary and Compliance Officer, signed the filing digitally on September 25, 2026. The communication was addressed to the Corporate Relations Department of BSE Limited, following an earlier intimation issued by the company on September 15, 2026.