Vistar Amar Limited has disclosed the detailed voting results of its 42nd Annual General Meeting (AGM) held on September 22, 2026, via Video Conferencing/Other Audio-Visual Means (VC/OAVM). The company confirmed that all nine ordinary and special resolutions proposed at the meeting were duly passed with the requisite majority.

The proceedings addressed key board appointments and significant related party transactions. A total of 5760 shareholders were on record as of September 15, 2026. Voting was conducted through remote e-voting and e-voting during the meeting, with results scrutinized by Isha Sumit Gupta of M/s. I S Gupta & Co.

Board composition changes

The AGM approved several resolutions regarding director appointments and tenures. Members approved the reappointment of Mr. Rajeshkumar Babulal Panjari as Managing Director for a five-year term commencing October 1, 2026. His remuneration was set at ₹5 lakh per month for three years, running until September 30, 2029.

Additionally, Mr. Ramkumar Babulal Panjari (DIN No. 00262001) was reappointed as a Non-Executive Non-Independent Director following his retirement by rotation. He serves as the Executive Director and Chief Financial Officer of the company. His brother, Mr. Rajeshkumar Babulal Panjari, is the Managing Director.

Mr. Jaidip Dilipkumar Simaria was reappointed as a Non-Executive Independent Director for a second five-year term starting September 23, 2026. Mr. Pragnesh P. Patel was appointed as a Non-Executive Independent Director for a first five-year term effective August 11, 2026.

The meeting also noted the cessation of Ms. Varsha Manish Sanghai as a Non-Executive Independent Director, effective September 22, 2026, upon completion of her second consecutive term.

Related party transactions

The AGM approved material related party transactions for FY27 involving aggregate values not exceeding specific limits for three associated entities. These approvals ensure compliance with SEBI regulations regarding transactions with related parties.

Voting outcome summary

All resolutions received overwhelming support from public shareholders who voted. For resolutions where promoters were interested (such as the MD reappointment and related party deals), promoter group votes were abstained or not polled, leaving the decision to public shareholders. In these cases, public non-institutional shareholders cast 4,71,066 votes, with 4,71,061 in favour and only 5 against, resulting in a 99.9989% approval rate among those voting.

For other resolutions such as the adoption of financial statements and auditor remuneration, where promoters voted in favour, the total votes polled were 42,52,326 out of 57,60,000 outstanding shares. This represented a 73.83% participation rate, with 99.9999% of votes in favour.

Meeting details and attendance

The meeting commenced at 3:00 pm and concluded at 3:32 pm, excluding an additional 15 minutes allowed for e-voting. A total of 49 members attended the AGM through VC/OAVM. Shri Ramkumar Panjari chaired the proceedings. The Statutory Auditors' Report and Secretarial Audit Report were taken as read, having no qualifications or adverse remarks requiring explanation.

Mrs. Isha Gupta served as the Scrutinizer for the e-voting process. The voting results have been submitted to BSE Limited pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Vistar Amar Limited has released comprehensive details regarding its 42nd Annual General Meeting (AGM), scheduled for Tuesday, September 22, 2026, at 3:00 pm. The meeting will be conducted exclusively through Video Conferencing or Other Audio Visual Means (VC/OAVM). The company also announced that the Share Transfer Register will remain closed from Wednesday, September 16, 2026, to Tuesday, September 22, 2026.

E-Voting and Meeting Logistics

The remote e-voting facility for members holding shares as of the cut-off date, Tuesday, September 15, 2026, will commence on Friday, September 18, 2026, at 9:00 am and conclude on Monday, September 21, 2026, at 5:00 pm. Members who have already cast their votes via remote e-voting will not be eligible to vote again during the AGM. Those attending the virtual meeting who have not voted remotely may cast their votes electronically at the AGM.

Mrs. Isha Sumit Gupta, Practicing Company Secretary of M/s I S Gupta & Co., has been appointed as the Scrutinizer to oversee the voting process. The Scrutinizer is required to submit a consolidated report within 48 hours of the meeting's conclusion. The results will be declared by a director upon receipt of this report and subsequently placed on the company’s website and communicated to stock exchanges.

Shareholder Instructions

The company has dispensed with sending physical copies of the AGM notice and annual report for FY26, in compliance with SEBI circulars. These documents are available electronically via the company website, BSE, and the RTA portal. A letter containing the web-link for accessing these documents was dispatched on August 27, 2026, to shareholders without registered email IDs.

Members are advised to update their KYC details, including PAN, nomination, and bank information, to ensure electronic payment of dividends for physical folios, as mandated by SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024. Demat shareholders must update their email and mobile numbers with their respective Depository Participants to facilitate e-voting and virtual meeting access.

Corporate Details

The submission was digitally signed by Poonam Mor, Company Secretary and Compliance Officer, on August 31, 2026.