Punctual Trading Limited concluded its adjourned 40th Annual General Meeting (AGM) on September 30, 2026, in Mumbai. The meeting, initially delayed due to lack of quorum, proceeded with members present treated as quorum under the Companies Act, 2013.

Meeting proceedings and quorum

The AGM commenced at 2:30 pm but was adjourned for half an hour due to insufficient attendance. It restarted at 3:00 pm with the attendees present constituting the requisite quorum. Deepa Bhavsar, Chairman of the Board, chaired the session. The meeting concluded at 4:10 pm.

The Chairman informed members that the notice convening the meeting had been duly circulated. As there were no qualifications in the Auditors' Report on the standalone financial statements for the year ended March 31, 2026, the report was not read aloud.

Resolutions passed

Two ordinary resolutions were placed before the shareholders for approval via remote e-voting and instapoll voting at the venue. The remote e-voting window ran from September 20 to September 22, 2026.

Deepak Ramchandra Pawar, Whole Time Director, signed the filing submitted to BSE Limited under Regulation 30 of SEBI (LODR) Regulations, 2015. The final voting results are to be disseminated to stock exchanges and uploaded on the company website and the Registrar and Share Transfer Agent's platform.

Punctual Trading Limited has adjourned its 40th Annual General Meeting (AGM) after the original session failed to achieve the required quorum. The meeting, initially scheduled for September 23, 2026, will now be held on Wednesday, September 30, 2026, at the company's registered office in Mumbai.

The adjournment was communicated to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The original meeting was convened at 2:30 pm on September 23 but could not proceed due to insufficient attendance. The rescheduled session retains the same time and venue.

Agenda for the Rescheduled Meeting

The agenda for the adjourned AGM remains unchanged from the original notice. Shareholders will be asked to transact ordinary business, which includes the adoption of financial statements and director re-appointments.

Key Resolutions

1. Adoption of Financial Statements: To receive, consider, and adopt the audited financial statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.
2. Director Re-appointment: To appoint a Director in place of Mrs. Deepa Bhavsar (DIN: 07167937), who retires by rotation under Section 152(6) of the Companies Act, 2013, and offers herself for re-appointment.

Voting and Administrative Details

Shareholders who have already cast their votes via remote e-voting prior to the original meeting date are not entitled to vote again during the adjourned meeting. The remote e-voting period for the original schedule commenced on September 20, 2026, and ended on September 22, 2026.

For those wishing to attend in person or vote via proxy, the following administrative details apply:

• Proxy Submission: Duly completed proxy forms must reach the registered office at least 48 hours before the scheduled time of the adjourned meeting.
• Register Closure: The register of members and share transfer books remained closed from September 17, 2026, to September 23, 2026.
• Inspection: The Register of Contracts or Arrangements in which Directors are interested will be available for inspection by members at the AGM.

Mrs. Deepa Bhavsar, a non-executive non-independent woman director, is an advocate with over 21 years of experience in legal matters. She holds no equity shares in the company and serves as a director in Ridhi Synthetics Ltd, Devinsu Trading Ltd, and Satyam Silk Mills Ltd.