T & I Global AGM passes all resolutions with near-unanimous shareholder support

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • T & I Global shareholders approved FY26 financials and reappointed director Harish Mittal
  • All six resolutions passed with assent ranging from 99.37% to 99.99%
  • Promoter group votes totaling 2,552,168 were excluded from related-party transaction approvals
  • 70 members participated in remote e-voting; no votes were cast during the virtual meeting
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T & I Global Limited shareholders approved the company’s audited financial statements for FY26 and reappointed director Harish Mittal during its 36th annual general meeting held on September 11, 2026. The meeting, conducted virtually via video conference, saw all ordinary and special business items pass with the requisite majority.

Meeting Proceedings

The T & I Global AGM commenced at 2:00 pm and concluded at 3:11 pm IST. Vineet Bagaria, Chairperson, presided over the meeting, which was attended by key management personnel including CFO Vishnu Baheti and Executive Chairman Sajjan Bagaria. The proceedings were webcast live for members unable to attend.

Members were informed that there were no qualifications, observations, or adverse remarks in the statutory auditor’s report for the year ended March 31, 2026. Consequently, the auditors’ report was taken as read without objection.

Key Resolutions Passed

The following business items were transacted through remote e-voting facilitated by NSDL:

Business Type Resolution Description Resolution Type
Ordinary Adoption of standalone and consolidated audited financials for FY26 Ordinary
Ordinary Reappointment of Harish Mittal (DIN: 00367650) retiring by rotation Ordinary
Ordinary Approval of remuneration for Cost Auditor Ordinary
Special Approval of related-party transactions Special
Special Revision of remuneration for Whole-time Director Viraj Bagaria Special
Special Authorization under Section 186 of the Companies Act, 2013 Special

Voting Results

E-voting was open from September 7 to September 10, 2026. Mrs. Smita Sharma served as the scrutinizer for the e-voting process. A total of 70 members cast their votes through remote e-voting, with no votes cast during the virtual meeting itself. The voting rights were reckoned as on September 4, 2026.

The voting results for each resolution were as follows:

Resolution Assent Votes Assent % Dissent Votes Dissent % Total Votes
Adoption of Financials 2,641,978 99.99% 67 0.01% 2,642,045
Reappointment of Harish Mittal 2,641,477 99.98% 568 0.02% 2,642,045
Cost Auditor Remuneration 2,641,978 99.99% 67 0.01% 2,642,045
Related-Party Transactions 89,809 99.92% 68 0.08% 89,877
Viraj Bagaria Remuneration 89,309 99.37% 568 0.63% 89,877
Section 186 Authorization 2,641,977 99.99% 68 0.01% 2,642,045

For the special resolutions regarding related-party transactions and the revision of remuneration for Whole-time Director Viraj Bagaria, 2,552,168 votes belonging to the promoter group were not considered in the calculation.

Compliance and Reporting

The company confirmed compliance with SEBI Listing Regulations and MCA circulars regarding virtual meetings. The scrutinizer’s report, dated September 12, 2026, was submitted by Smita Sharma & Associates. Consolidated voting results have been disseminated to BSE Limited and published on the company website.

Historical Stock Returns for T & I Global

1 Day5 Days1 Month6 Months1 Year5 Years
-3.73%+4.89%+4.83%-5.01%-3.53%0.0%

How will the approved related-party transactions impact T & I Global's operational synergies and profit margins in the upcoming fiscal year?

What strategic initiatives is the company planning to fund using the authorization granted under Section 186 of the Companies Act?

Does the near-unanimous approval of Viraj Bagaria's revised remuneration signal expected growth in executive responsibilities or performance targets?

Counter Cyclical Investments raises T & I Global stake to 9.50%

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Counter Cyclical Investments raised its stake in T & I Global to 9.50%
  • The entity acquired 12,604 shares in the open market on September 4, 2026
  • Total holding now stands at 481,339 shares out of 5,067,700 equity shares
  • Disclosure made under SEBI SAST Regulation 29(2) to BSE
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T & I Global disclosed that Counter Cyclical Investments Private Limited increased its shareholding in the company to 9.50% through open market purchases on September 4, 2026.

The portfolio manager, acting along with its clients as persons acting in concert, acquired an additional 12,604 shares. This transaction raised their total voting rights from 9.25% to 9.50% of the total diluted share capital.

Acquisition Details

Counter Cyclical Investments, registered in Nagpur, filed the disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition was executed entirely in the open market.

Metric Before Acquisition Acquired After Acquisition
Shares held 468,735 12,604 481,339
Voting rights % 9.25% 0.25% 9.50%

The total equity share capital of T & I Global remained unchanged at 5,067,700 shares following the transaction. The acquirer confirmed it does not belong to the promoter or promoter group of the target company.

Parminder Pal Singh Bhatia, Director of Counter Cyclical Investments, signed the disclosure submitted to the Bombay Stock Exchange and the company.

Historical Stock Returns for T & I Global

1 Day5 Days1 Month6 Months1 Year5 Years
-3.73%+4.89%+4.83%-5.01%-3.53%0.0%

Will Counter Cyclical Investments continue to accumulate shares to approach the 10% threshold, potentially triggering further mandatory disclosures or strategic shifts?

How might this increased institutional stake influence T & I Global's near-term stock price volatility and trading liquidity?

Does this open market acquisition signal a bullish long-term outlook for T & I Global's business fundamentals by Counter Cyclical Investments?

More News on T & I Global

1 Year Returns:-3.53%