SPA Capital Services Limited has disclosed the detailed voting results for its 42nd Annual General Meeting held on September 30, 2026. All five resolutions proposed in the notice were passed with requisite majority, securing 99.99% assent votes across both remote e-voting and ballot paper modes.

The meeting, presided over by Chairperson cum Managing Director Sandeep Parwal, took place at the registered office in New Delhi. The scrutinizer’s report, submitted by Mohan Chandra Upreti of M/s Mohan Upreti and Co., confirmed that 47 members cast a total of 2,343,337 votes in favor of the resolutions, with only 57 dissenting votes recorded against the financial statements adoption.

Voting Breakdown by Resolution

The company utilized NSDL e-voting facilities from September 27 to September 29, 2026, alongside physical ballot papers during the AGM. The consolidated results indicate near-unanimous support for all agenda items, including the re-appointment of directors and approval of related party transactions.

Governance and Compliance Details

Seema Sharma, Company Secretary and Compliance Officer, managed the proceedings, ensuring statutory registers were available for inspection. The scrutinizer noted that no invalid votes were detected during the scrutiny of ballot boxes or e-voting records. Witnesses Archana Sharma and Sandeep Kumar Maheshwari oversaw the unlocking of ballot boxes to ensure transparency.

The detailed voting results and the scrutinizer's report have been uploaded to the company website and submitted to stock exchanges. The transcript of the AGM is scheduled for publication on the corporate website. The high assent percentage reflects strong promoter alignment, with the promoter group casting 2,086,875 votes in favor via e-voting, while public non-institutional shareholders contributed 256,462 votes.

SPA Capital Services Limited appointed Hitesh Karwa as its Internal Auditor for the financial year FY27, effective September 25, 2026. The Board of Directors approved this appointment during a meeting held on the same day.

Karwa is a Chartered Accountant with nine years of post-qualification experience. His background includes audit and financial reporting roles across manufacturing and service-sector organizations, with specific exposure to internal audit, internal financial controls, process review, and statutory audit. The appointment was made upon the recommendation of the Audit Committee.

In a separate resolution approved at the same meeting, the Board designated Seema Sharma as Company Secretary and Compliance Officer, serving as Key Managerial Personnel (KMP). Sharma is an Associate Member of the Institute of Company Secretaries of India (ICSI) with membership number A57977. She holds a Master's degree in Commerce and brings seven years of professional experience in Corporate Law and Securities Laws. Her expertise covers corporate compliance, secretarial matters, regulatory filings, and corporate governance, ensuring adherence to the Companies Act and SEBI regulations. This appointment followed the recommendation of the Nomination and Remuneration Committee.

Board Meeting Details

The Board meeting commenced at 11:30 am and concluded at 12:30 pm on September 25, 2026. The appointments were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III and other applicable provisions. The intimation was signed by Sandeep Parwal, Chairman cum Managing Director.

The term of Sharma's appointment aligns with the company's employment policy, while Karwa's tenure is specified for carrying out the internal audit for FY27. Both appointments comply with Section 138 of the Companies Act, 2013, and related rules.