Valson Industries Limited held its 42nd Annual General Meeting on September 19, 2026. Shareholders approved the audited financial results for the fiscal year ended March 31, 2026, and other key resolutions via remote e-voting and electronic voting during the virtual meeting.

Suresh Mutreja, Chairman and Managing Director, chaired the proceedings. All directors, the statutory auditor, and the secretarial auditor were present. The company confirmed that there were no qualifications or adverse remarks in the audit reports.

Key Resolutions

Shareholders voted on ordinary business items during the meeting. The key outcomes included:

• Approval of the audited annual financial statements for FY26.
• Re-appointment of Ankit Mutreja as a director retiring by rotation.
• Ratification of remuneration for ABK & Associates as cost auditors for FY27.

Voting Results

The company facilitated remote e-voting from September 16, 2026, to September 18, 2026. Punit Shah of P. C. Shah & Co. served as the scrutinizer for the e-voting process. As of the record date of September 11, 2026, there were 2,528 shareholders. A total of 42 members participated in the voting process, representing 48,61,662 votes polled out of 76,60,800 outstanding shares, a participation rate of 63.46%.

Promoter and Promoter Group shareholders held 51,89,834 shares and cast 48,50,558 votes, representing 93.46% of their holding. They voted 100% in favour of all three resolutions. Public non-institutional shareholders held 24,70,966 shares and cast 11,104 votes (0.45% participation), with 99.73% voting in favour.

All resolutions were passed with the requisite majority. Combined voting results have been uploaded to the company website and stock exchanges.

Valson Industries has scheduled its 42nd Annual General Meeting for September 19, 2026, at 11:30 am. The meeting will be conducted through video conferencing or other audio-visual means in accordance with SEBI and Ministry of Corporate Affairs circulars.

Meeting Agenda

The Board of Directors has outlined three key items for shareholder consideration during the virtual gathering:

• Adoption of the audited annual financial statements for the fiscal year ended March 31, 2026, along with the reports of the Board and Auditors.
• Reappointment of Mr. Ankit Mutreja as a Director in place of his retirement by rotation.
• Ratification of the remuneration for Cost Auditors for the fiscal year ending March 31, 2027.

Cost Auditor Remuneration

Shareholders will vote to ratify the appointment of M/s. ABK & Associates as Cost Auditors for the upcoming fiscal year. The proposed remuneration is ₹1,25,000 plus applicable taxes and reimbursement of out-of-pocket expenses incurred during the audit process.

Director Reappointment Details

Mr. Ankit Mutreja, who holds a Bachelor of Business Administration degree, seeks reappointment after retiring by rotation. He currently holds 3,39,276 equity shares, representing 4.43% of the company’s equity share capital. His current remuneration stands at ₹1,25,000 per month, including employer’s Provident Fund contribution.

Voting and Participation

The record date for determining voting eligibility is set for September 11, 2026. Remote e-voting will be available from September 16, 2026, at 9:00 am until September 18, 2026, at 5:00 pm. National Securities Depository Limited (NSDL) has been appointed to facilitate both the video conferencing facility and the e-voting process.

Members holding shares as on the cut-off date can cast their votes electronically either prior to the meeting or during the live session. The facility to join the meeting via video conference will be available on a first-come, first-served basis for up to 1,000 members, excluding large shareholders, promoters, and institutional investors who have unrestricted access.