Ultracab (India) Limited concluded its 19th Annual General Meeting on September 19, 2026, where shareholders adopted the audited standalone financial statements for the fiscal year ended March 31, 2026. The meeting, held via video conferencing, also saw the approval of material related-party transactions with Jigar Cables Limited and Jigar Polymers Limited.

The proceedings were conducted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Remote e-voting was available from September 16 to September 18, 2026, through National Securities Depository Limited. Shareholders who did not vote remotely were given an additional 15 minutes to cast their votes electronically during the meeting.

Key Resolutions Passed

The following ordinary and special resolutions were transacted during the meeting:

Smt. Artiben Pankajkumar Shingala retires by rotation at this AGM and offered herself for re-appointment. The shareholders also ratified the appointments of two independent directors, Smt. Viralben Chetankumar Dave and Shri Satish Kalkani, via special resolutions.

Management and Attendees

Nitesh Parshottambhai Vaghasiya, Chairman and Managing Director, chaired the meeting. Pankaj Vasantbhai Shingala, Whole-time Director, and other board members were present. The statutory auditors, secretarial auditor, internal auditor, and scrutinizer also attended the proceedings. The Company Secretary confirmed the presence of a requisite quorum and facilitated the voting process.

The consolidated voting results and the Scrutinizer's Report will be submitted to the stock exchanges and uploaded on the company's website and NSDL's platform within the prescribed timeline.

Ultracab (India) Limited has fixed September 12, 2026, as the record date to determine voting rights for its upcoming 19th Annual General Meeting. The AGM is scheduled for September 19, 2026, at 3:00 pm.

The company will use National Securities Depository Limited (NSDL) for e-voting services. The e-voting window opens on September 16, 2026, at 9:00 am and closes on September 18, 2026, at 5:00 pm. Shareholders holding shares on the record date can vote electronically via NSDL’s platform.

Related Party Transaction Renewals

The board proposes renewing approvals for transactions with two key related entities to ensure supply chain continuity. Shareholders will vote on these limits during the AGM.

The proposed limit for transactions with Jigar Cables Limited is ₹200 crore. This arrangement includes non-exclusive brand usage rights, with Jigar Cables paying a 2% royalty on basic sales. Transactions with Jigar Polymers Limited are capped at ₹25 crore for the supply of goods and materials. Both sets of transactions will be conducted on an arm's-length basis.

Director Appointments and Ratifications

Smt. Artiben Pankajkumar Shingala retires by rotation and seeks re-appointment as a Non-Executive Director.

Additionally, the company seeks ratification for the appointments of Smt. Viralben Chetankumar Dave and Shri Satish Kalkani as Independent Directors. Their previous appointments were inadvertently classified as Ordinary Resolutions instead of Special Resolutions, as required under SEBI Listing Regulations. The current resolutions aim to regularize these appointments for a five-year term ending September 5, 2029.

Meeting Logistics

The AGM will be held via Video Conferencing or Other Audio Visual Means. Remote e-voting is available from September 16, 2026, to September 18, 2026. The notice was published in Financial Express (English and Gujarati editions) on August 22, 2026, in compliance with regulatory requirements.