Sonam Limited successfully concluded its 25th Annual General Meeting (AGM) on June 25, 2026, with shareholders approving all six resolutions, including the adoption of audited standalone financial statements for the financial year ended March 31, 2026. The meeting, conducted via video conferencing and other audio-visual means, was overseen by Chairman and Managing Director Jayeshbhai C. Shah. The remote e-voting process, facilitated by the National Securities Depository Limited (NSDL), was scrutinized by Ms. Dhara Patel, a Practicing Company Secretary.

The company provided remote e-voting facilities from June 22, 2026, to June 24, 2026. The cutoff date to determine shareholder eligibility was June 18, 2026. The scrutinizer's report confirmed that the electronic voting system was locked after the meeting concluded and subsequently unblocked in the presence of witnesses Tanishk Porwal and Dev Shah. The advertisement for the meeting was released in the Western Times in both English and Gujarati editions on June 3, 2026.

Resolutions Passed

All six resolutions were passed with 100% of the valid votes cast in favour. The detailed voting results are as follows:

Voting Details and Invalid Votes

While the valid votes were unanimously in favour, certain votes were declared invalid for specific resolutions. For resolutions regarding the appointment of Mrs. Deepa Jayeshbhai Shah and the remuneration of Mr. Harshil Jayeshbhai Shah, 22,922,704 votes cast by relatives of the concerned directors were excluded in accordance with the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. Similarly, for the resolution on material related party transactions, 22,922,704 votes cast by the Promoter and Promoter Group shareholders were not considered as they are interested parties under Regulation 23 of the SEBI (LODR) Regulations, 2015. The scrutinizer confirmed there were no votes cast against any of the resolutions.

Sonam Limited will hold its 25th Annual General Meeting on June 25, 2026, at 4:30 p.m. via video conferencing to transact business including the adoption of audited standalone financial results for FY26 and the re-appointment of directors. The company reported a 14.8% rise in net profit to ₹727.24 lakh for the financial year ended March 31, 2026, compared to ₹633.27 lakh in the previous year, supported by a 64.5% increase in revenue from operations to ₹17,099.36 lakh. For the quarter ended March 31, 2026, net profit stood at ₹289.59 lakh, with revenue at ₹6,365.82 lakh.

The board approved the re-appointment of Mrs. Deepa Jayeshbhai Shah as Whole-Time Director, liable to retire by rotation, subject to shareholder approval. Shareholders will also consider the confirmation of Mrs. Tanishka Anilbhai Dhamejani as a Non-Executive Independent Director for a term of five years up to March 26, 2031, and the re-appointment of Mr. Suresh Somnath Dave as an Independent Director for a second term of five years from November 10, 2026, to November 9, 2031. Additionally, the meeting seeks approval for material related party transactions and the remuneration of Mr. Harshil Jayeshbhai Shah up to ₹10,00,000 per month.

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the register of members and share transfer books will remain closed from June 19, 2026, to June 25, 2026. The company has fixed June 18, 2026, as the cut-off date to determine shareholder eligibility for voting. Remote e-voting will be available from June 22, 2026, at 9:00 a.m. to June 24, 2026, at 5:00 p.m.

Financial Performance Summary

M/s. D V Bakrania & Associates, Statutory Auditor, issued an audit report with an unmodified opinion. The board also approved the Director's Report and Secretarial Audit Report for FY26.