Vapi Enterprise has appointed M I Shah And Co as its statutory auditors for the financial year 2026-27. The Board of Directors approved the appointment on September 19, 2026, following a recommendation from the Audit Committee. The appointment is subject to shareholder approval at the upcoming annual general meeting.

The firm will hold office from the conclusion of the 52nd AGM until the conclusion of the 53rd AGM. M I Shah And Co confirmed its eligibility for the role. The company disclosed this development pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Profile

M I Shah And Co holds Firm Registration No. 119025W. The firm reports more than 25 years of experience in conducting statutory audits for listed and unlisted corporate entities under corporate and allied laws. It also possesses over 25 years of experience in tax audits under the Income Tax Act, 1961.

Key areas of expertise include:

• Project finance execution, particularly greenfield projects, with over 20 years of experience by the proprietor.
• Statutory audits of trusts and scrutiny assessments, spanning more than 13 years.
• Statutory branch audits of nationalized banks, with over 10 years of experience.

Disclosures

The company disclosed no relationships between its directors and the appointed auditors. The full disclosure was hosted on the company's website.

Vapi Enterprise Limited shareholders unanimously approved all six resolutions at its 52nd Annual General Meeting held on September 10, 2026. The company disclosed the final voting results on September 11, 2026, confirming that every agenda item passed with 100% support from participating equity holders.

The meeting, chaired by Managing Director Manoj R Patel, was conducted via video conferencing in compliance with Ministry of Corporate Affairs circulars. A total of 822,041 votes were polled out of 2,281,450 outstanding shares as of the cut-off date of August 29, 2026. This represents a participation rate of 36.03% of outstanding shares.

Voting Breakdown

The voting data reveals distinct engagement levels between promoter and public shareholders. While promoters cast votes representing 72.82% of their holdings, public non-institutional shareholders participated with 12.71% of their shares. No institutional holders voted.

Governance Resolutions

All resolutions received unanimous approval, with zero votes cast against any item. The key approvals included:

• Adoption of the audited standalone financial statements for FY26.
• Reappointment of Rajeev Patel as a director retiring by rotation.
• Appointment of M/s M.I Shah & Co as statutory auditors for FY27.
• Appointment of M/s HRU & Associates as secretarial auditors for five years.
• Reappointment of Manoj R Patel as Managing Director for five years, effective July 30, 2026.
• Appointment of Sanket Hemant Goyal as an independent director for five years, effective July 30, 2026.

Scrutinizer Report

Mr. Hemanshu Upadhyay of HRU & Associates served as the scrutinizer for the e-voting process conducted through Bigshare Services Private Limited. The report confirmed that remote e-voting occurred between September 6 and September 9, 2026. All 123 shareholders who voted did so in favor of each resolution, resulting in a clean pass for all governance and financial items without any invalid votes recorded.