Multiplus Holdings Limited concluded its 44th Annual General Meeting on September 30, 2026, with all five ordinary resolutions passed with requisite majority, drawing a total of 11,45,645 votes in favour and zero votes against.

The meeting was held at the company's registered office and ran from 3:00 pm to 3:45 pm. Of the 123 shareholders on record as on the cut-off date of September 23, 2026, five attended in person. Voting was conducted via remote e-voting through National Securities Depository Limited (NSDL; EVEN: 143031), with the remote e-voting window open from September 27, 2026 at 9:00 am to September 29, 2026 at 5:00 pm, and by poll through ballot papers in Form MGT-12 at the venue. A total of three members cast votes: one through remote e-voting holding 20 equity shares, and two through ballot paper holding 11,45,625 equity shares.

Board restructuring and appointments

Shareholders approved several key resolutions concerning the board's structure. Mrs. Kavita Sheth, a Non-Executive Director, was re-appointed following her retirement by rotation. Additionally, two new Non-Executive Independent Directors were appointed for five-year terms ending in 2031.

The newly appointed independent directors bring specific expertise in corporate governance and compliance:

• Mrs. Dhwani Solanki (DIN: 10299290): A Company Secretary with 14 years of experience in financial governance and statutory compliances.
• Mrs. Shivangi Shah (DIN: 11200412): A Company Secretary with 9 years of experience in corporate law and regulatory compliance.

Both appointees hold no shareholding in the company and have no relationship with existing directors or key managerial personnel.

Auditor re-appointment

Members approved the re-appointment of M/s. DGMS & Co., Chartered Accountants (FRN: 112187W), as Statutory Auditors. Their term extends from the conclusion of this AGM until the conclusion of the 45th AGM, at remuneration to be mutually agreed upon between the Board and the auditors. The firm has no relationship with the promoters or directors of the company.

Resolution summary

The following table outlines the primary items transacted during the meeting, along with voting outcomes:

No invalid votes were recorded for any resolution. The promoter and promoter group held no interest in any of the five agenda items.

Scrutinizer and governance

CS Mansi Chokshi, Practising Company Secretary (Membership No. A42662, C.P. No. 19645), Proprietor of M/s M K Chokshi & Associates, Ahmedabad, served as the scrutinizer. She was appointed by the Board at its meeting on September 8, 2026, and issued her consolidated scrutinizer's report on October 2, 2026, pursuant to Regulation 44 read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting results were filed with BSE Limited on October 2, 2026. Electronic records, ballot papers, and all related documents are to remain in the scrutinizer's custody until the Chairman approves and signs the AGM minutes, after which they will be handed over to the Company Secretary for safe keeping.

Multiplus Holdings has accepted the resignations of Mr. Alpesh Hasmukhrai Modi and Mr. Ajay Dhanjibhai Gungla from their positions as independent directors on the company's board.

The departures are effective September 8, 2026. The directors stepped down due to the completion of their term of appointment as per applicable regulatory provisions.

Board Changes

The company disclosed the changes in a filing to BSE Limited on September 9, 2026. The resignation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Modi (DIN: 07469816) and Mr. Gungla (DIN: 07469832) confirmed that there were no other material reasons for their departure other than the completion of their tenure. Both directors are not related to any other director on the board.

The filing further noted that neither director holds directorships or committee memberships in other listed entities. Jignesh Ramniklal Sheth, Managing Director of Multiplus Holdings, signed the intimation.