Millennium Online Solutions (India) Limited passed all four resolutions proposed at its 46th Annual General Meeting held on September 24, 2026. The meeting was conducted via video conferencing, with shareholders voting through remote e-voting and electronic polling during the session.

The resolutions included the adoption of audited standalone and consolidated financial statements for FY26, the re-appointment of a director retiring by rotation, and the appointment of two independent directors. All items received overwhelming support from participating shareholders.

Meeting conduct and attendance

The AGM commenced at 11:30 am and concluded at 11:45 am, followed by the completion of the e-voting process. Mr. Harilal Singh, Whole-Time Director and Chairman, presided over the meeting. A total of 45 members attended the AGM, satisfying the requisite quorum.

Mr. Nikunj Pancholi, Non-Executive Director, welcomed members and briefed them on the procedures for participation through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The Directors and Key Managerial Personnel present included:

The authorised representative of the Statutory Auditor, M/s. B. Chordia & Co., and the authorized representative of HSPN & Associates LLP, who served as Secretarial Auditor and Scrutinizer, were also present via VC/OAVM.

Voting outcomes

Each resolution secured 97.29% of valid votes in favor, with 2.71% voting against. No invalid votes were recorded across any agenda item. The scrutinizer’s report confirmed that the promoter group did not vote in person or through proxy, while 45 public shareholders attended via video conferencing.

Shareholder participation

Voting rights were determined based on holdings as of the cut-off date, September 17, 2026. The total outstanding share capital stood at 50,019,510 shares. Public non-institutional shareholders polled 33,793,204 votes, representing 71.42% of their holding category. Institutional investors and the promoter group did not cast any votes through e-voting or poll mechanisms.

The remote e-voting facility was available from Monday, September 21, 2026, to Wednesday, September 23, 2026. Members present during the AGM who had not already voted could exercise their rights during the meeting and for a further 15 minutes after the conclusion of proceedings.

What the numbers show

A notable pattern in the voting data is the complete absence of participation by institutional investors and the promoter group, despite holding significant share capital. Institutions held 2,704,651 shares and promoters held 210 shares, yet neither category cast a single vote. Consequently, the entire voting outcome was determined solely by public non-institutional shareholders, who exercised 71.42% of their holding capacity. This indicates a high level of engagement among retail investors relative to other stakeholder groups.

Millennium Online Solutions has scheduled its 46th Annual General Meeting for Thursday, September 24, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means to transact business as per the notice.

Meeting Details

The company will hold the meeting at 11:30 am. The venue is deemed to be the registered office of the company. Members can attend and participate remotely. Proxy appointment is not available for this meeting.

Members attending via VC/OAVM will count toward the quorum under Section 103 of the Companies Act, 2013.

E-Voting Schedule

The company engaged National Securities Depository Limited to facilitate remote e-voting. The cut-off date for voting eligibility is Thursday, September 17, 2026.

Mr. Kunal Sakpal and Mr. Hemant Sheety of HSPN & Associates LLP are appointed as scrutinizers for the e-voting process.

Document Availability

Electronic copies of the AGM notice and the annual report for FY26 were sent on September 2, 2026, to members with registered email IDs. Physical copies have been dispensed with pursuant to MCA and SEBI circulars.