NDA Securities Limited has declared all six resolutions passed at its 34th Annual General Meeting (AGM) held on August 14, 2026, following the submission of the Scrutinizer's Report to stock exchanges on August 18, 2026. The company secured overwhelming shareholder backing for its agenda items, including the adoption of FY26 financial statements and strategic corporate actions.

The consolidated voting results reveal strong alignment between promoter and public shareholders. Out of 59,48,364 total equity shares held as on the record date of August 7, 2026, 36,03,184 votes were polled, representing a 60.57% participation rate. All resolutions were approved with a 99.99% majority in favour, with only 166 votes cast against any of the proposals.

Voting Breakdown by Shareholder Category

The promoter group, holding 34,99,014 shares, demonstrated complete unity by voting 100% in favour of all six resolutions. Their participation rate was 82.56%, reflecting high engagement from controlling stakeholders. Public non-institutional shareholders, holding 24,49,350 shares, also showed strong support, casting 99.98% of their votes in favour. No institutional investors participated in the voting process.

Resolutions Passed

Shareholders approved three ordinary resolutions and three special resolutions during the meeting:

Ordinary Resolutions:

• Adoption of audited standalone and consolidated financial statements for FY26
• Re-appointment of Ram Gopal Jindal as Non-Independent and Non-Executive Director
• Re-appointment of Arvind Sharma as Non-Independent and Executive Director

Special Resolutions:

• Regularisation of Isha Rastogi as Non-Executive Independent Director
• Strategic enablement for sale, lease, or disposal of corporate undertakings under Section 180(1)(a) of the Companies Act, 2013
• Alteration of the main objects clause in the Memorandum of Association

Meeting Details and Governance

The AGM was conducted via video conferencing from 1:00 pm to 1:36 pm, chaired by Board member Arun Kumar Mistry. Remote e-voting commenced on August 11, 2026, at 9:00 am and concluded on August 13, 2026, at 5:00 pm through the National Securities Depository Ltd. (NSDL) platform. Chetan Prasad of C. Prasad & Co., Practicing Company Secretaries, served as the independent Scrutinizer.

Of the 4,405 shareholders on record, only 40 public shareholders attended the virtual meeting. No promoters or institutional investors participated in the live session, though their votes were recorded through the remote e-voting system. The Statutory Auditors' Report and Secretarial Audit Report contained no qualifications, except for a single observation noted in the secretarial audit report.

What the Numbers Show

The voting pattern reveals a clear concentration of influence among promoter shareholders, who hold approximately 58.8% of the total equity base and participated at a rate nearly three times higher than public shareholders (82.56% vs 29.17%). The unanimous promoter support combined with the negligible dissent from public shareholders (just 0.005% against) suggests minimal governance friction on the proposed strategic initiatives, particularly the asset disposal powers and MOA alterations that required special resolution approval.

Nda Securities has accepted the resignation of Ms. Isha Rastogi as an Independent Director, effective August 6, 2026. The company informed the Bombay Stock Exchange (BSE) that Ms. Rastogi tendered her resignation due to personal and unavoidable circumstances. This change in board composition requires shareholders to monitor future filings for the appointment of a successor to maintain the required number of independent directors on the Board.

The intimation was submitted pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also referenced SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, regarding the disclosure of information related to the change in directorship. Shalini Chauhan, Company Secretary of NDA Securities Limited, signed the communication to the Manager (Listing) at BSE Limited.

Ms. Rastogi, identified by DIN 11647752, confirmed in writing that there are no material reasons for her resignation other than those stated. The resignation letter, dated August 6, 2026, requested the company to submit the necessary forms to the Registrar of Companies to effectuate the cessation of her directorship. The company acknowledged receipt of this letter and confirmed the details in Annexure A of the regulatory filing.

Key Details of Resignation

The Board of Directors is expected to initiate the process to appoint a new Independent Director in accordance with the Companies Act, 2013, and SEBI LODR regulations, ensuring compliance with the requirement for independent representation on the board. Until a successor is appointed, the remaining board members will continue to oversee the company’s operations and governance responsibilities.