Suncity Synthetics Limited concluded its 38th Annual General Meeting on September 25, 2026, conducted entirely through video conferencing. The meeting addressed the adoption of FY26 financial statements and the reappointment of a director, with final voting results set to be disclosed by September 29, 2026.

The proceedings commenced at 3:00 pm and concluded at 3:10 pm. Independent Director Nitin Arvind Oza chaired the session, ensuring compliance with Ministry of Corporate Affairs and Securities and Exchange Board of India circulars. The company facilitated remote e-voting through Central Depository Service (India) Limited, allowing shareholders to cast votes prior to and during the virtual meeting.

Shareholder participation and quorum

The company reported 3,250 shareholders as of the cut-off date of September 18, 2026. Out of this total, 18 members attended the meeting via video conferencing. The requisite quorum was present, enabling the Chairman to call the meeting to order. Since no physical attendance was recorded, proxy appointments were not applicable.

Key resolutions transacted

The AGM considered two ordinary business items as per the notice dated August 14, 2026. The audited financial statements for the fiscal year ending March 31, 2026, along with the Board of Directors and Auditors reports, were taken up for adoption.

Suresh Dhanraj Kawarjain, who retired by rotation, offered himself for reappointment and was considered for appointment in his place.

Auditor observations and voting timeline

The Chairman informed members that there were no qualifications, observations, or adverse remarks from the Statutory Auditors, M/s. S. Gandhi & Associates, or the Secretarial Auditors, M/s. Amarendra Mohapatra & Associates, for the fiscal year ended March 31, 2026. The reports were taken as read with member consent.

Remote e-voting commenced at 9:00 am on August 22, 2026, and closed at 5:00 pm on September 24, 2026. Electronic voting remained open during the AGM for those who had not previously voted. Amarendra Mohapatra, Practicing Company Secretary, served as the scrutinizer to ensure fair and transparent vote counting.

Disclosure of results

The combined results of remote e-voting and live electronic voting will be announced within the stipulated timeframe. The Scrutinizer’s report and voting outcomes are required to be disclosed to stock exchanges and placed on company websites by September 29, 2026, in compliance with Regulation 44(3) of the Listing Regulations.

Suncity Synthetics Limited has scheduled its 38th Annual General Meeting for September 25, 2024, to be conducted through video conference or other audio-visual means. The meeting will commence at 3:00 pm IST to transact the business outlined in the accompanying notice.

Meeting Logistics and Participation

The company has been granted permission by the Corporate Viral Manual (CVM) and SEBI to hold the AGM remotely, allowing shareholders to participate without physical presence. Shareholders holding shares in demat or physical form can join the meeting using the details provided in the AGM notice. Their attendance will count toward the quorum requirements under Section 103 of the Companies Act, 2013.

E-Voting and Record Date

The company has enabled remote e-voting for all resolutions mentioned in the AGM notice. The e-voting window opens on September 23, 2024, at 9:00 am and closes on September 24, 2024, at 5:00 pm. After this period, the NSDL e-voting module will be disabled.

The cut-off date for determining eligible shareholders is September 18, 2024. During this period, from September 18 to September 25, the transfer books and register of members will remain closed.

Document Availability

The notice for the 38th AGM and the annual report are available on the company’s website at www.suncitysyntheticsltd.in . Electronic copies have also been dispatched to shareholders with registered email addresses. Physical copies are being sent to those who have not registered email IDs, along with a web link for access.