Shiva Global Agro Industries held its 34th Annual General Meeting on September 30, 2026, through video conferencing. The meeting focused on the adoption of financial statements for FY26 and key governance appointments. Voting results have been disclosed pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial statements adopted

Members approved the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The statutory auditor's report contained no qualifications or observations. Consequently, the report was not read aloud during the proceedings.

The Chairman provided an overview of the company's financial performance for FY26 and outlined its future outlook. No specific revenue or profit figures were disclosed in the summary of proceedings.

Governance and auditor appointments

The following ordinary business items were transacted:

• Appointment of Mr. Omprakash K. Gilda as Director in place of himself, retiring by rotation.
• Re-appointment of M/s. Falor Jhavar Khatod & Co as Statutory Auditors for a five-year term.

Special business items included:

• Ratification of remuneration for Mr. Jayant B. Galande as Cost Auditor for FY27.
• Re-appointment of Mr. Rajesh K. Agrawal as Independent Director.
• Re-appointment of Mr. Prakash N. Nihalani as Independent Director.

Voting outcomes

All seven resolutions set out in the notice were duly approved by shareholders with the requisite majority. The voting process was scrutinized by CA Mohan J. Lakhotiya of M J Lakhotiya & Co. The meeting recorded a total turnout of 39,19,756 votes polled against 99,93,000 outstanding shares, representing a 39.23% participation rate.

What the numbers show

The voting data reveals a strong promoter consensus alongside minimal public dissent. For most resolutions, public non-institutional shareholders cast only 32,650 votes, of which approximately 1% voted against the ratification of cost auditor remuneration and the re-appointment of Independent Directors. Notably, for the re-appointment of Director Omprakash K. Gilda, 11,90,052 votes from the promoter group were marked invalid, reducing the effective promoter vote count to 26,97,054 for that specific item, though the resolution still passed comfortably.

Shiva Global Agro Industries Ltd has issued a clarification to BSE Limited regarding recent price movements in the company's shares, stating that such fluctuations are market-driven and not connected to any undisclosed material information.

BSE Inquiry and Company Response

The company received a clarification request from BSE's Department of Corporate Services on February 26, 2026, seeking explanation for the price movement of the company's security on the exchange. In its response, Shiva Global Agro Industries emphasized its commitment to regulatory compliance and transparency.

Regulatory Compliance Confirmation

The company provided the following key clarifications:

Management Position

The management clearly stated that it is not connected with or responsible for the price movement in the company's shares. The company attributed the stock price fluctuations to market forces and prevailing market conditions rather than any company-specific developments or undisclosed information.

Regulatory Framework

The response was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to disclose material events and information that could impact stock prices. The company reaffirmed its commitment to maintaining transparency and making timely disclosures as required under applicable regulations.

The clarification was signed by Deepak S. Maliwal, Director of the company, and submitted to BSE for their records. This response demonstrates the company's proactive approach to addressing regulatory inquiries and maintaining investor confidence through transparent communication.