NR International AGM passes resolutions with 90.85% votes in favor
- All three AGM resolutions passed with 90.85% votes in favor
- Total votes casted stood at 1,016 with zero invalid votes
- Vineet Modi and Neetu Modi reappointed with identical voting margins
- Meeting held virtually on September 30, 2026, adopting FY26 financials
*this image is generated using AI for illustrative purposes only.
NR International Limited concluded its 35th Annual General Meeting on September 30, 2026, with all proposed resolutions passing with 90.85% votes in favor. The meeting adopted the audited financial statements for the fiscal year ended March 31, 2026, and confirmed the reappointment of two directors.
The company’s Board of Directors approved the adoption of the audited financial statements along with the Directors’ and Auditors’ Reports. During the proceedings, Chairperson Sangeeta Nirmal Modi provided a brief overview of the current business scenario and the company’s future course of action, highlighting key points from the annual report.
Director reappointments
Members passed resolutions to reappoint two directors who retired by rotation and offered themselves for re-election. Both directors were confirmed for another term following the voting process.
| Director | DIN | Status | Votes in Favor (%) |
|---|---|---|---|
| Vineet Modi | 05247764 | Reappointed as Whole Time Director | 90.85% |
| Neetu Modi | 09164942 | Reappointed as Director | 90.85% |
Voting results details
The scrutinizer report, submitted by Nitesh Sinha & Associates, detailed the voting outcomes for the three ordinary resolutions put to vote. A total of 1,016 votes were cast across all items. For each resolution, including the adoption of financials and the reappointment of directors, 923 votes were recorded in favor, while 93 votes were against. No invalid votes were reported.
| Resolution Item | Votes Cast | In Favor | Against | Invalid |
|---|---|---|---|---|
| Adoption of FY26 Financials | 1,016 | 923 (90.85%) | 93 (9.15%) | 0 |
| Reappointment Vineet Modi | 1,016 | 923 (90.85%) | 93 (9.15%) | 0 |
| Reappointment Neetu Modi | 1,016 | 923 (90.85%) | 93 (9.15%) | 0 |
Voting and attendance details
The meeting commenced at 12:00 pm and concluded at 12:22 pm. Remote e-voting facilities were made available to shareholders from September 27, 2026, to September 29, 2026. Nitesh Sinha, a practicing company secretary, served as the scrutinizer for the e-voting process. The cut-off date for entitlement to vote was September 23, 2026.
Key attendees included:
- Sangeeta Nirmal Modi (Chairperson, Woman Director & CFO)
- Vineet Modi (Whole Time Director)
- Neetu Modi (Director)
- Aman Kumar Singh (Independent and Non-executive Director)
- Raju Singh (Independent Director)
- Gaurav Pandey (Company Secretary)
No questions were raised by members during the open session, and no other business was transacted beyond the agenda items listed in the notice.
How will the reappointment of Vineet Modi as Whole Time Director influence NR International's strategic expansion plans for the upcoming fiscal year?
What specific growth sectors or market opportunities did Chairperson Sangeeta Nirmal Modi highlight as key drivers for the company's future course of action?
Given the 9.15% dissenting vote, are there underlying shareholder concerns regarding the company's current governance structure or financial performance?
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