Shri Mahalaxmi Agricultural Developments Limited reported unanimous approval of all resolutions at its 26th Annual General Meeting held on August 29, 2026. The meeting, conducted via video conferencing, saw complete backing from participating members for the adoption of financial statements and key board appointments.

The voting process, scrutinized by Practicing Company Secretary Neha Poddar, complied with Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Remote e-voting was open from August 26 to August 28, 2026, with voting rights reckoned as on the cut-off date of August 21, 2026.

Voting Results

All four ordinary resolutions passed with 100% support from the nine members who cast votes. No votes were recorded against any resolution, and there were no invalid votes. The total number of votes cast for each resolution stood at 2,449,002.

Board Appointments

The shareholders approved the appointment of Kiran Vitthal Bhogate as an Executive Director. Additionally, Prajakta Ashok Patil was appointed as a Non-Executive Woman Director, and Sidhu Mahadev Jambhale was appointed as an Independent Director. All appointments were made through ordinary resolutions.

Financial Statements

The first resolution involved the receipt, consideration, and adoption of the Audited Standalone Financial Statements for the financial year ended March 31, 2019. This included the balance sheet, statement of profit and loss, cash flow statement, along with the reports of the board of directors and statutory auditors.

The electronic data and records related to the voting process remain in the custody of the scrutinizer until the Chairman approves and signs the minutes of the meeting. The company is listed on the BSE Limited and Metropolitan Stock Exchange of India Limited.

Shri Mahalaxmi Agricultural Developments Limited has corrected the date for its upcoming Annual General Meetings (AGMs) from September 29, 2025, to Saturday, August 29, 2026. The company issued a clarification on August 11, 2026, stating that the previous announcement contained an inadvertent typographical error regarding the day and date of the meetings. This correction ensures shareholders have accurate information for voting and participation in the 26th through 32nd AGMs.

The correction was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereto. Kiran Vitthal Bhogate, Executive Director of Shri Mahalaxmi Agricultural Developments Limited, signed the disclosure. The company apologized for the error and requested that the exchanges take the corrected information on record. All other details from the original Board Meeting outcome dated August 07, 2026, remain unchanged.

Corrected AGM Schedule

The AGMs will be conducted through Video Conference (VC) or Other Audio-Visual Means (OAVM) on August 29, 2026, at specific time slots. The schedule is as follows:

Voting and Record Date

The record date for determining voting rights remains Friday, August 21, 2026. Shareholders must be registered in the company’s books on this date to participate. E-voting will commence on Wednesday, August 26, 2026, at 9:00 am and close on Friday, August 28, 2026, at 5:00 pm. Neha Anup Poddar Company Secretaries has been appointed as the Scrutinizer for these proceedings.

What This Means for Shareholders

Shareholders should note the significant change in the AGM year from 2025 to 2026. The e-voting window remains unchanged relative to the record date. The use of VC/OAVM facilities continues to allow remote participation without physical attendance. Investors must ensure they cast their votes during the specified e-voting period to exercise their rights.