Solvex Edibles Limited held its 13th Annual General Meeting (AGM) on September 30, 2026, through Video Conferencing (VC). During the proceedings, management disclosed standalone revenue of ₹6,667.48 lakh and consolidated revenue of ₹15,425.61 lakh for FY26.

The meeting was chaired by Ashish Goel, Managing Director cum Chairman, with Rohit Gupta, Whole Time Director, conducting further proceedings. Key attendees included Vishal Goel (Whole Time Director), Rashika Gupta (Non-Executive Director), Jaideep Singh (Chief Financial Officer), and statutory auditor Amit Arora. The e-AGM commenced at 1:00 pm and concluded at 1:17 pm.

Financial Highlights and Strategic Updates

In their address to shareholders, the Chairman and CFO highlighted the financial performance for FY26 and outlined strategic priorities. The company emphasized its expansion from Rice Bran Oil into other edible oils, active promoter involvement in daily operations, and efforts toward borrowing cost optimization. Focus areas included quality management, plant efficiency, internal controls, and working capital management to support long-term growth.

Resolutions Passed

Shareholders voted through remote e-Voting (September 27–29, 2026) and during the AGM. All resolutions set out in the Notice were deemed passed subject to requisite majority votes. The agenda included:

• Adoption of audited standalone and consolidated financial statements for FY26.
• Re-appointment of a director liable to retire by rotation.
• Ratification of the appointment of Manoj Kumar Agarwal as Secretarial Auditor for five consecutive years.
• Approval of material related party transactions with Unity Enterprises and Golden Pearl Oil Products LLP.
• Payment of remuneration to Rashika Gupta for FY26.

What the Numbers Show

The significant gap between standalone revenue (₹6,667.48 lakh) and consolidated revenue (₹15,425.61 lakh) indicates that subsidiaries or associates contribute more than half of the group's total top line. This suggests that Solvex's operational scale is heavily dependent on entities outside the parent company, highlighting the importance of subsidiary performance in the overall financial picture.

Solvex Edibles Limited has scheduled its 13th annual general meeting for September 30, 2026. The board also approved related party transaction limits of ₹20 crore each with Unity Enterprises and Golden Pearl Oil Products LLP for FY27.

The board meeting held on September 2, 2026, in Bilaspur, Uttar Pradesh, concluded at 6:00 pm. Directors approved the Board’s Report and Management Discussion and Analysis for the financial year ended March 31, 2026. The Secretarial Audit Report for FY25-26, issued by CS Manoj Kumar Agarwal, was also noted by the board.

Related Party Transactions

The Audit Committee recommended enhancing the related party transaction limit to ₹20 crore for FY27 with two entities:

• M/s Unity Enterprises
• M/s Golden Pearl Oil Products LLP

These enhancements are subject to shareholder approval at the ensuing AGM.

Director Appointments and Remuneration

The Nomination and Remuneration Committee recommended the re-appointment of Mr. Vishal Goel (DIN: 01084706), who is retiring by rotation. Shareholders will vote on this matter at the AGM.

Managerial remuneration was approved for key executives:

The board also ratified the remuneration of ₹9,00,000 per annum for Mrs. Rashika Gupta (DIN: 06678088) for FY25-26, pending shareholder approval.

AGM Details

The 13th Annual General Meeting will be conducted via Video Conferencing or Other Audio-Visual Means on September 30, 2026, at 1:00 pm. Central Depository Services (India) Limited (CDSL) is appointed as the e-voting agency.

Remote e-voting will be available from 9:00 am on Sunday, September 27, 2026, until 5:00 pm on Tuesday, September 29, 2026. The cut-off date for determining voting eligibility is September 23, 2026. CS Manoj Kumar Agarwal serves as the scrutinizer for the voting process.

Pursuant to Regulation 36(1)(b) read with Regulation 30 of the Listing Regulations, the company sent letters to members without registered email addresses providing a web link to access the Integrated Annual Report for FY26 and the AGM notice.