Sacheta Metals concluded its 36th Annual General Meeting on September 30, 2026, at its registered office in Gujarat. The meeting focused on the approval of audited financial statements for FY26 and the reappointment of a key board member.

The proceedings commenced at 11:00 am with Mr. Satish K Shah serving as Chairman. He welcomed members and outlined the guidelines for the meeting. The requisite quorum was present throughout the session, allowing the Chairman to call the meeting to order. Statutory registers and relevant documents were available for inspection by members.

Resolutions passed

The meeting addressed both ordinary and special business items. Members approved the audited balance sheet, statement of profit and loss, cash flow statement, and reports for the financial year ended March 31, 2026. Additionally, Mr. Pranav Satishkumar Shah was reappointed as a director in place of himself, having retired by rotation and offered himself for reappointment.

Special business included the regularization of the appointment of the statutory auditor to fill a casual vacancy and the appointment of statutory auditors with authorization for the Board to fix remuneration. Voting results will be submitted separately to stock exchanges as required under SEBI regulations.

Voting and procedural details

The company utilized remote e-voting facilities provided by National Securities Depository Limited (NSDL). The voting period ran from September 27, 2026, to September 29, 2026. Members present at the AGM who had not voted electronically were allowed to cast their votes through poll during the meeting.

Mr. Jaymeen Trivedi, Proprietor of M/s. Jaymeen Trivedi and Associates, served as the scrutinizer to ensure fair and transparent voting processes. No queries were raised by members during the open floor for questions. The meeting concluded at 02:30 pm with a vote of thanks.

Eskay Aluminium Pvt Ltd acquired 30,281 equity shares of Sacheta Metals in the open market on September 15, 2016.

The transaction increased Eskay’s total holding to 218,262 shares, representing a 0.18% stake in the company. The acquisition was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

Eskay Aluminium held 187,981 shares, or 0.15% of the total voting capital, prior to this purchase. The open market buy added 30,281 shares, valued at 0.03% of the capital.

Sacheta Metals has an equity share capital of ₹25 crore, divided into 12.5 crore equity shares of ₹2 each. The total diluted share capital remains unchanged at 12.5 crore shares. Eskay Aluminium is not part of the promoter group of Sacheta Metals.