Utique Enterprises Limited shareholders approved the re-appointment of Jayanty Rama Krishna Sarma as a Whole-Time Director for a period of 5 years, effective September 27, 2026.

The decision was taken during the company's 40th Annual General Meeting held on September 23, 2026. The meeting was conducted through Video Conferencing and Other Audio-Visual Means, in compliance with Ministry of Corporate Affairs circulars. Mr. J. R. K. Sarma, Executive Director, chaired the session where the requisite quorum was present.

Key resolutions passed

The AGM addressed three primary items of business as outlined in the notice dated August 14, 2026:

• Adoption of Financials: The audited financial statements for FY26, along with the Reports of the Board of Directors and the Auditors, were adopted by the members.
• Director Appointment: Mr. Jayanty Rama Krishna Sarma (DIN: 00088327) was appointed as a Director liable to retire by rotation.
• Reappointment: Mr. Jayanty Rama Krishna Sarma was reappointed as a Whole-Time Director of the company for a term of 5 years, commencing upon the expiry of his present term of office.

Director profile and appointment details

Mr. Sarma brings over 49 years of experience across Banking, Treasury, Corporate Laws, Finance, Audit, Secretarial, and general administration areas. His career spans both manufacturing and services sectors. The re-appointment is effective from September 27, 2026, following the expiry of his current term.

Voting and procedural details

Members utilized remote e-Voting facilities to cast their votes on all resolutions. Those present during the virtual meeting who had not voted earlier were given an additional 15-minute window post-meeting to vote electronically. Voting by show of hands was not conducted. Mr. Umesh P. Maskeri, a Practicing Company Secretary, served as the Scrutinizer to supervise the voting process.

The AGM commenced at 2:30 pm and concluded at 3:06 pm. The Company Secretary, P. B. Deshpande, declared the results of the voting as authorized by the Chairman.

Utique Enterprises Limited has scheduled its 40th Annual General Meeting (AGM) for September 23, 2026. The meeting will be conducted virtually via Video Conferencing or Other Audio-Visual Means (VC/OAVM). Remote e-voting is open to eligible shareholders from September 20 to September 22, 2026.

The company notified the BSE that shareholders holding equity shares as on the cut-off date of Wednesday, September 16, 2026, are eligible to vote. The Register of Members and Share Transfer Books will remain closed from Thursday, September 17, 2026, to Wednesday, September 23, 2026 (both days inclusive).

Voting Schedule and Eligibility

Members can cast their votes electronically using the remote e-Voting facility provided by Bigshare Services Private Limited. Voting rights are proportional to equity shares held in the paid-up capital as on the cut-off date.

Those present at the AGM via VC/OAVM who have not already voted remotely may vote during the meeting. Members barred from voting are excluded from this facility.

Meeting Agenda and Director Reappointment

The virtual AGM will commence at 2:30 pm on September 23, 2026. It will be conducted in compliance with Section 108 of the Companies Act, 2013, and Regulation 44 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The primary business includes:

• Adopting the audited financial statements for FY26.
• Appointing Mr. Jayanty Rama Krishna Sarma as a Director, as he retires by rotation.
• Reappointing Mr. Sarma as a Whole-Time Director for a period of five years, effective September 27, 2026.

Mr. Sarma’s proposed remuneration includes a salary, perquisites, and allowances not exceeding ₹33,00,000 per annum. This is an increase from his remuneration of ₹26,88,000 paid during FY25-26. He has over 49 years of experience in banking, treasury, corporate laws, finance, and commodities trading. The Board noted that under his leadership, the company diversified into commodity business and invested surplus funds in mutual funds, improving profitability.

Accessing Documents and Support

Shareholders can access the AGM Notice and Annual Report on the company website ( www.utique.in ) and the BSE Limited website. Physical copies will not be sent; only registered members receive email notifications.

Mr. Umesh P. Maskeri, Practicing Company Secretary, has been appointed as the Scrutinizer for the voting process. Helpdesk support for technical issues is available via Bigshare Services Private Limited at ivote@bigshareonline.com or through the toll-free numbers provided in the notice.