Photoquip India Ltd shareholders approved all 11 resolutions at its 34th Annual General Meeting (AGM) held on June 19, 2026. The meeting, held at Royal Industrial Estate in Mumbai, saw the adoption of audited financial statements for FY26 and the re-appointment of key directors. The voting results were disclosed to BSE Limited on June 22, 2026, confirming that all resolutions secured the requisite majority, with over 99.99% of votes cast in favour.

The company appointed Mr. Jay Bhatt & Associates, Practising Company Secretary, as the scrutiniser for the remote e-voting and e-voting processes conducted during the AGM. Remote e-voting was facilitated via the NSDL portal from June 16 to June 18, 2026. A total of 51 members participated in the voting process, representing 20,70,160 equity shares of ₹10 each. The record date for determining shareholder eligibility was June 12, 2026.

Director Appointments

Shareholders regularised the appointment of Ms. Chaitali Sunil Oza as a Non-Executive Non-Independent Director and Mr. Umang Pradip Gala as a Non-Executive Independent Director. Mr. Pulin Dhaval Soni was re-appointed as a director by rotation, while Mr. Dhaval Jayant Soni was re-appointed as Whole Time Director. These appointments were approved as ordinary and special resolutions respectively.

Statutory Approvals

The AGM approved several special resolutions to enhance corporate flexibility. These included approvals to exceed loan and investment limits under Section 186 of the Companies Act, 2013, and to authorise borrowing under Section 180(1)(c). Members also sanctioned providing loans, guarantees, or security under Section 185 and approved related party transactions under Section 188. Additionally, Mr. Jay Bhatt & Associates was appointed as the secretarial auditor for a five-year term.

Photoquip India Ltd has approved the re-appointment of Dhaval J. Soni as Whole-Time Director and the appointment of Umang Pradip Gala as an Additional Non-Executive Independent Director, subject to shareholder approval at the ensuing Annual General Meeting (AGM). The Board of Directors, in their meeting held on May 28, 2026, also approved the draft notice for the 34th AGM and the Director's Report for the Financial Year 2025-26. These decisions are part of the company's corporate governance updates under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board and Committee Changes

The Board recommended the re-appointment of a Director retiring by rotation and took note of the completion of the second and final consecutive term of Ms. Parvin Jahabux Dumasia as a Non-Executive Independent Director, effective from the conclusion of the upcoming AGM. To align with these changes, the Board approved the reconstitution of various committees. Furthermore, the Board approved the regularization of Chaitali Oza as a Non-Executive and Non-Independent Director.

Director Appointments

The appointments of Dhaval J. Soni and Umang Pradip Gala are effective from May 28, 2026, and are subject to shareholder approval for a term of five consecutive years. Dhaval J. Soni, one of the first Directors of the company, is actively involved in marketing and day-to-day operations. Umang Pradip Gala is a B.com graduate with experience in the finance field.

Secretarial Auditor Changes

M/s. HRU & Associates resigned as Secretarial Auditors due to personal reasons, effective from the conclusion of the Board Meeting on May 28, 2026. To fill the vacancy, the Board appointed M/s. Jay Bhatt & Associates as the new Secretarial Auditors for a tenure of five financial years, commencing from FY 2026-2027 to FY 2030-2031. The firm specializes in Corporate Laws, SEBI Compliances, and Secretarial Audits.

AGM Procedures

The Board appointed M/s. Jay Bhatt & Associates, Practicing Company Secretaries, as the Scrutinizer to conduct the e-voting process for the AGM. National Securities Depository Limited (NSDL) was appointed to provide remote e-voting facilities during the upcoming AGM. The meeting also approved the Secretarial Audit Report for the Financial Year 2025-2026.