Poona Dal & Oil Industries shareholders voted in favor of appointing Satyen Gathani as a Non-Executive Director. Additionally, three Non-Executive Independent Directors were appointed: Ankita Shirsat, Rupesh Lohade, and Narahari Kadekar. These appointments strengthen the independent oversight framework of the company’s governance.

Management and Auditor Reappointments

The meeting also focused on continuity in key leadership roles. Mr. Rakesh Virendra Singh was reappointed as a Director retiring by rotation and subsequently as Whole-time Director effective November 11, 2026. The Statutory Auditor was also reappointed for a further period of one year.

Furthermore, shareholders approved the payment of managerial remuneration in excess of prescribed limits to Managing Director Sujit D. Parakh. The company also secured approval for cost audit fees for the financial year 2026-27 and related party transactions as per SEBI and Companies Act regulations.

Voting Results

The voting process combined remote e-voting via CDSL and physical polling. A total of 32 members attended the meeting physically, representing promoters and public shareholders. The promoter group, holding 4,017,219 shares, voted unanimously in favor of all resolutions through poll voting. Public non-institutional shareholders showed strong support, with over 99% of polled votes cast in favor across all items.

The scrutinizer, Ms. Swati Runwal, confirmed the results were consolidated fairly. The meeting concluded with no dissenting votes from the promoter group and minimal opposition from public shareholders, reflecting broad alignment on the proposed agenda.

Poona Dal & Oil Industries has scheduled its 34th Annual General Meeting (AGM) for Friday, August 14, 2026, at its registered office in Daund, Pune. The meeting is set to begin at 11:30 a.m. To determine the list of shareholders eligible to vote, the company will close its Register of Members and Share Transfer Books from August 7, 2026, through August 14, 2026, inclusive of both days.

The announcement was made pursuant to Regulation 30(2) read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the book closure period was notified under Regulation 42 of the same regulations. The notice was dated July 24, 2026, and submitted to the Listing Compliance Department of BSE Limited.

Key Dates and Details

Meeting Venue

The AGM will be held at the company’s registered office located at E-2, Kurkumbh, MIDC, Tal-Daund, Dist-Pune 413802. Shareholders holding records within the specified closure period will be entitled to attend and vote on the resolutions placed before the meeting.

Regulatory Compliance

The intimation confirms adherence to SEBI’s listing norms regarding the timely notification of general meetings and the mandatory closure of share transfer books. The Managing Director, Sujit D Parakh, signed the communication addressed to the General Manager of Listing Compliance at BSE Limited.