Setco Automotive Limited has resubmitted the proceedings of its 43rd Annual General Meeting, held on September 30, 2026, following an inadvertent delay in the original filing.

The company attributed the delay to technical and internet connectivity issues at the venue in Kalol, Gujarat, coupled with travel constraints for the concerned team. The initial submission was made on October 1, 2026, and a separate clarification regarding these logistical circumstances was provided to the stock exchanges.

Meeting Overview and Attendance

The meeting commenced at 2:30 pm and concluded at 3:00 pm at the registered office in Alindra Village, Vadodara Godhra Highway, Kalol, Panchmahal. Mr. Harish Sheth, Chairman and Managing Director, chaired the session. Mrs. Aditi Pai, Company Secretary, managed the procedural aspects of the meeting.

The Notice convening the AGM and the Annual Report for the financial year ended March 31, 2026, were taken as read. Remote e-voting facilities were provided through Central Depository Services (India) Limited (CDSL) from September 27 to September 29, 2026. Members who did not vote remotely were permitted to cast their votes physically during the meeting.

Key Resolutions Transacted

Shareholders considered both ordinary and special business items as outlined in the notice dated September 4, 2026. The resolutions included the adoption of financial statements and several director re-appointments.

Mrs. Babita Gupta from M/s. Shravan A. Gupta & Associate was appointed as Scrutinizer to ensure fair scrutiny of the voting process. The voting results and the Consolidated Scrutinizer's Report were scheduled to be published on the company website and communicated to the stock exchanges within 48 hours of the meeting's conclusion.

Setco Automotive Limited disclosed the detailed voting results of its 43rd Annual General Meeting (AGM) held on September 30, 2026. The company confirmed that all five resolutions proposed in the meeting notice were passed with the requisite majority.

The AGM, concluded at 3:00 pm at the registered office in Kalol, Gujarat, saw the adoption of audited standalone and consolidated financial statements for FY26. Shareholders also approved the reappointment of key directors, including Harish Kiritbhai Sheth as Chairman and Managing Director, Udit Harish Sheth as Vice Chairman and Executive Director, and Urja Harshal Shah as Executive Director. Mrs. Urja Shah was also reappointed in place of a retiring director.

Voting participation and quorum

The meeting was attended by 37 shareholders either in person or through proxy, satisfying the quorum requirements under Section 103 of the Companies Act, 2013. Voting was conducted via remote e-voting through the CDSL platform between September 27 and September 29, 2026, alongside physical polling during the meeting.

Resolution outcomes

All resolutions were passed unanimously or with overwhelming support from the promoter group, which holds a significant stake. The public non-institutional shareholders showed minor dissent in certain resolutions but did not affect the outcome.

Procedural compliance

Mrs. Babita Gupta from M/s. Shravan A. Gupta & Associates served as the Scrutinizer to ensure a transparent voting process. The Consolidated Scrutinizer’s Report, dated October 2, 2026, confirms that the electronic data and records are under safe custody. The detailed results have been uploaded to the company website and communicated to stock exchanges in compliance with SEBI (LODR) Regulations, 2015.