Ritco Logistics holds 25th AGM via VC to adopt FY26 financials
- Ritco Logistics held its 25th AGM on September 30, 2026, via VC/OAVM
- Shareholders adopted audited financial statements for FY26
- Ranu Jain’s designation changed from Additional to Independent Director
- Only 44 out of 9,976 eligible shareholders attended the meeting
*this image is generated using AI for illustrative purposes only.
Ritco Logistics Limited convened its 25th Annual General Meeting on September 30, 2026, through Video Conferencing and Other Audio-Visual Means. The primary agenda included the adoption of audited consolidated and standalone financial statements for the fiscal year ended March 31, 2026.
The meeting was chaired by Man Mohan Pal Singh Chadha, Chairperson and Whole-Time Director. Out of 9,976 shareholders as on the record date of September 23, 2026, 44 shareholders attended the virtual session. The proceedings were conducted in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013.
Key resolutions and director appointments
The members considered ordinary business items, including the adoption of the Balance Sheet, Profit and Loss Account, and reports for FY26. Additionally, directors liable to retire by rotation were offered re-appointment. A special business item involved changing the designation of Ranu Jain from Additional Director to Independent Director.
Remote e-voting facilities were provided by MUFG Intime India Pvt Ltd. Voting commenced at 9:00 am on September 27, 2026, and concluded at 5:00 pm on September 29, 2026. M/s Mukun Vivek & Company served as the scrutinizer for the voting process.
Attendees and governance structure
Key managerial personnel and directors participated in the meeting. The attendance list included:
| Name | Role |
|---|---|
| Man Mohan Pal Singh Chadha | Chairperson and Whole-Time Director |
| Sanjeev Kumar Elwadhi | Managing Director |
| Roma Wadhwa | Non-Executive Director |
| Ranu Jain | Independent Director |
| Gitika Arora | Company Secretary and Compliance Officer |
Roma Wadhwa also attended on behalf of Vikram Suri, Independent Director and Audit Committee Chairperson. The meeting concluded with a vote of thanks at 3:21 pm.
Historical Stock Returns for Ritco Logistics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.84% | -6.02% | -12.61% | +52.46% | +5.73% | +129.31% |
How will the formal appointment of Ranu Jain as an Independent Director influence Ritco Logistics' future governance standards and audit committee decisions?
What strategic initiatives or capital allocation plans were outlined in the FY26 financial statements that could impact shareholder value in the coming fiscal year?
Given the low physical attendance at the virtual AGM, what measures is the company considering to enhance retail shareholder engagement and voting participation in future meetings?
16
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
