S H Kelkar & Company Limited shareholders approved all business items at its 70th Annual General Meeting (AGM) held on July 31, 2026, via Video Conferencing and Other Audio-Visual Means. The meeting saw high participation, with over 62% of outstanding shares polled across all resolutions. Key outcomes included the reappointment of Ramesh Vaze as a Non-Executive and Non-Independent Director, the ratification of his remuneration by way of commission, and the confirmation of interim dividends paid during FY26.

The voting process was scrutinized by Mr. Vishwanath, Designated Partner at Sharma and Trivedi LLP, in compliance with Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Remote e-voting was open from July 27 to July 30, 2026. All resolutions were passed with requisite majority, reflecting strong promoter support which accounted for nearly 100% of votes in favor for most agenda items.

Board and Auditor Appointments

Shareholders reappointed Ramesh Vaze (DIN: 00509751), who retires by rotation, as a Non-Executive and Non-Independent Director. This ordinary resolution received 98.23% support from votes polled, with significant backing from both promoter and public non-institutional shareholders. Additionally, shareholders approved a special resolution to pay remuneration by way of commission to Mr. Vaze in his capacity as Chairman of the Board. This resolution garnered 99.91% affirmative votes from those who voted.

For financial oversight, the company appointed M/s. B S R & Co. LLP, Chartered Accountants (Firm Registration No. W-100022), as Statutory Auditors. This appointment was approved with 99.91% support. Furthermore, shareholders ratified the remuneration payable to M/s. Kishore Bhatia & Associates, Cost Accountants, appointed as Cost Auditors for FY27, receiving near-unanimous approval at 99.9999%.

Financial Statements and Dividends

Members received, considered, and adopted the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors. Both resolutions were passed with overwhelming support, recording 100% affirmative votes relative to total valid votes cast.

The AGM also served to confirm the interim dividend paid to shareholders for FY26, originally declared by the Board on February 6, 2026. This resolution received 99.97% support from votes polled. While promoter and institutional investors voted unanimously in favor, a small fraction of public non-institutional votes (approximately 5.93%) were cast against the dividend confirmation.

What the Numbers Show

The voting data highlights a distinct divergence between promoter/institutional alignment and minority retail sentiment on specific governance issues. While promoter holdings (75.9 million shares) voted uniformly in favor of all resolutions, public non-institutional shareholders showed dissent on two key items: the reappointment of Ramesh Vaze (1.77% against) and the confirmation of interim dividends (5.93% against). This suggests that while core governance structures remain stable, there is measurable minority scrutiny regarding executive compensation and payout policies. The high overall poll percentage of 62.5% indicates robust shareholder engagement compared to industry averages for similar cap companies.

S H Kelkar & Company Limited has published its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The disclosure was made on July 29, 2026, providing investors with access to the company's latest performance metrics through its website and stock exchange portals. On the same day, the company held a virtual conference call with investors and analysts to discuss the Q1 and FY27 results. The audio recording of this call is available on the company's website at https://keva.co.in/mp3 .

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their respective meetings held on July 28, 2026. Deloitte Haskins & Sells LLP, the Statutory Auditors of the company, have issued a limited review report with an unmodified opinion on the figures presented. The publication adheres to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Access

In further compliance with Regulation 47 of the Listing Regulations, the company has provided a Quick Response (QR) code to facilitate easy access to the detailed financial statements. The results are available on the websites of the Bombay Stock Exchange (BSE), the National Stock Exchange of India Limited (NSE), and the company’s official website. The intimation regarding the conference call was issued pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015.

Key Governance Actions

The approval process involved key leadership roles within the organization. Kedar Vaze, Whole-time Director & Group CEO, signed off on the communication dated July 29, 2026, from Mumbai. Deepti Chandratre, Global Legal Counsel and Company Secretary, signed the intimation regarding the conference call. The company stated that no unpublished price sensitive information was shared during the said conference call.

What the Numbers Show

While the specific numerical values for revenue and profit are accessible via the linked documents and QR code, the issuance of an unmodified opinion by the statutory auditors indicates that the financial statements present a true and fair view of the company's affairs for the period under review. Investors are directed to the official exchange websites for granular data analysis.