Uma Exports Ltd shareholders approved all ten resolutions, including the adoption of FY26 financial statements and a preferential issue of equity shares, during the 38th Annual General Meeting held on September 26, 2026.

The virtual meeting, conducted via video conferencing and chaired by Managing Director Rakhesh Khemka, saw participation from 77 members through remote e-voting facilities provided between September 23 and September 25, 2026. The requisite quorum was present throughout the proceedings.

Key resolutions passed

Shareholders voted to adopt both the standalone and consolidated annual financial statements for FY26. The board’s recommendation to re-appoint Mamta Jain & Associates, Chartered Accountants, as statutory auditors for a five-year term was also approved.

The following special business items were ratified:

• Preferential Issue: Approval for the issuance of equity shares or warrants convertible into equity shares to proposed allottees on a preferential basis.
• Capital Increase: An increase in the authorized share capital, with consequent amendments to the Memorandum of Association.
• Director Re-appointments:
  • Rakesh Khemka re-appointed as Managing Director with revised remuneration.
  • Manmohan Saraf re-appointed as Executive Director and CFO.
  • Vivek Parasramka, Suman Agarwal, and Priti Saraf re-appointed as Independent Directors for a second term of five years each.
  • Mrinmoy Kasyapi re-appointed as Director retiring by rotation.

Governance and compliance details

The company engaged National Securities Depository Limited (NSDL) to facilitate the e-voting process. Md Shahnawaz, Proprietor of M Shahnawaz & Associates, served as the scrutinizer for the voting process. Voting rights were determined based on equity holdings as of the cut-off date, September 19, 2026.

The meeting commenced at 11:30 am and concluded at 11:45 am. The scrutinizer’s report confirmed that all resolutions were duly approved by shareholders with the requisite majority. The final voting results have been submitted to stock exchanges in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Uma Exports has scheduled its 38th Annual General Meeting (AGM) for September 26, 2026, at 11:30 am via Video Conferencing. The meeting will transact critical special business, including shareholder approval for a ₹54.36 crore preferential allotment of warrants and the re-appointment of key board members.

The company notified stock exchanges on September 4, 2026, regarding the date and associated book closure period. This aligns with the revised timeline following a board meeting on September 1, 2026, which updated the schedule from an earlier August date.

Book Closure Details

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and section 91 of the Companies Act, 2013, the Register of Members will remain closed from September 20, 2026 to September 26, 2026 (both days inclusive).

Preferential Allotment of Warrants

The AGM seeks approval for the issuance of 2.25 crore warrants convertible into equity shares at an issue price of ₹24.16 per warrant. The total issue size amounts to ₹54.36 crore. The proceeds are designated for working capital requirements (₹51.64 crore) and general corporate purposes (₹2.72 crore).

The allotment is proposed to promoter group entities Sweta Khemka and Uma Agro Exports Private Limited (25 lakh warrants each), along with various non-promoter investors. The issue price was determined based on the higher of the valuation report dated August 20, 2026, and the market-based floor price as on the relevant date of August 27, 2026.

Warrant holders must pay 25% upfront and 75% upon exercise within 18 months. Failure to exercise results in forfeiture of the upfront amount.

Board Re-appointments and Remuneration

Shareholders will vote on the re-appointment of several directors:

• Mr. Rakesh Khemka: Re-appointed as Managing Director for five years from July 7, 2026, with a revised basic salary of ₹2,00,000 per month.
• Mr. Manmohan Saraf: Re-appointed as Executive Director & CFO for five years from August 18, 2026, with a basic salary of ₹1,25,000 per month.
• Independent Directors: Mr. Vivek Parasramka, Mrs. Suman Agarwal, and Mrs. Priti Saraf are each eligible for re-appointment for a second term of five consecutive years.
• Mr. Mrinmoy Kasyapi: Retires by rotation and offers himself for re-appointment as Director.

Additionally, M/s. Mamta Jain & Associates has been recommended for re-appointment as Statutory Auditors for a five-year term from the conclusion of this AGM until the 43rd AGM in 2031.

Authorised Share Capital Increase

To facilitate the preferential issue, the company proposes increasing its authorised share capital from ₹40 crore (4 crore equity shares) to ₹57 crore (5.7 crore equity shares) by creating 1.7 crore additional equity shares of ₹10 each.