Switching Technologies Gunther Limited held an Extraordinary General Meeting (EGM) on March 31, 2026, through audio-video conferencing mode to obtain shareholder approval for a significant amendment to the company's Memorandum of Association. The meeting commenced at 2.30 p.m. and concluded at 2.40 p.m. (IST), with the required quorum present for conducting the business.

Meeting Proceedings and Attendance

The EGM was conducted under the chairmanship of key management personnel, with Mr. S. Ramesh, Company Secretary, welcoming the members. The meeting included participation from Mr. C. Chandrachudan, Managing Director, Mr. K. Mani, Non Executive Director, Mr. Sharanabasaveshwar G Hiremath and Mrs. Saimathy Soupramanien as Independent Directors, along with Mr. Varad Kale as Auditor, Mrs. T. Nirmala as Chief Financial Officer, and Mr. G. Sreenivasa Rao as Scrutinizer.

Amendment to Main Object Clause

The primary agenda of the EGM was to seek approval for amending Clause III(A) (Main Objects) of the Memorandum of Association. The company stated that this amendment is being pursued to explore new avenues of growth and expansion of operations. The proposed amendment significantly expands the company's business scope to include comprehensive food processing operations.

The amended main object clause encompasses multiple business activities in the food sector including construction and operation of multiple food processing units, manufacturing, processing, and preserving various food products including cereals, spices, masala, beverages, dairy products, and convenience foods. The scope also covers trading activities as buyer, seller, stockiest, distributors, importer, and exporter of food grains and commodities, along with brand development and management for food articles and consumer products.

Voting Results and Unanimous Approval

The shareholders provided overwhelming support for the special resolution, with the scrutinizer's report revealing unanimous approval. The voting results demonstrated strong confidence in the company's strategic direction toward food processing business diversification.

The voting was conducted through two modes - electronic voting and video conferencing at the EGM venue. Electronic voting attracted 4 members casting 121 votes, while venue voting through video conferencing saw 2 members contributing 1,001,729 votes, collectively representing 100% approval for the resolution.

E-Voting Process and Timeline

The company provided remote e-voting facilities for shareholders from March 27, 2026 (9:00 a.m.) to March 30, 2026 (5:00 p.m.) through Central Depository Services (India) Limited platform. Members as on the cut-off date of March 20, 2026 were entitled to vote on the resolution. The votes were unblocked on April 1, 2026, and the scrutinizer's report was submitted pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Governance and Documentation

The meeting was conducted in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. G. Sreenivasa Rao, the appointed scrutinizer, confirmed the fair and transparent conduct of the e-voting process comprising remote e-voting and voting through video conferencing. The company secretary informed members about the availability of physical copies of the EGM notice and provided procedures for inspecting statutory registers as required under the Companies Act, 2013.

Switching Technologies Gunther Ltd has successfully concluded its Board of Directors meeting held on March 26, 2026, resulting in the appointment of Ms. Divya Mohta as the company's new Secretarial Auditor. The meeting, conducted through audio/video conferencing mode, commenced at 2:30 PM and concluded at 2:35 PM (IST).

Board Meeting Outcome and Appointment Details

The board has appointed Ms. Divya Mohta, Company Secretary in Practice from New Delhi, to fill the casual vacancy in the office of Secretarial Auditor. She will hold this position until the conclusion of the ensuing Annual General Meeting of the company.

Professional Profile of New Secretarial Auditor

Ms. Divya Mohta brings nearly ten years of professional practice experience in corporate and allied secretarial functions. Her expertise spans complex assignments including due diligence of entities, delisting of securities from stock exchanges, compliance related to foreign remittances, secretarial audits of companies, shifting of registered offices across states, and the issuance as well as buyback of securities.

She will be conducting the Secretarial Audit of the company in accordance with the provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations.

Regulatory Compliance and Communication

The appointment was made pursuant to Regulations 24A and 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has communicated the outcome to BSE Limited through their listing center, maintaining transparency with the stock exchange and stakeholders.

Company Secretary and Compliance Officer Subramaniam Ramesh signed the official communication to BSE, demonstrating proper authorization and adherence to corporate protocols. The company operates from its registered office and works located at B-9 & B-10, Special Economic Zone (MEPZ), Kadapperi, Tambaram, Chennai.