Vivaa Tradecom Limited shareholders delivered unanimous support for critical capital structure adjustments during its 16th Annual General Meeting (AGM) held on August 7, 2026, in Ahmedabad. The meeting saw the passage of three special resolutions to increase borrowing powers, expand loan and investment limits, and raise authorized share capital, alongside two ordinary resolutions for financial statement adoption and director reappointment. These approvals secure the company’s financial flexibility for future operations and growth initiatives without requiring immediate further shareholder consent for incremental debt or equity raises within the new limits.

The proceedings were conducted in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mitesh Jayantilal Adani, Managing Director, chaired the meeting, which commenced at 11:30 AM at Sheel Complex, Navrangpura. A total of 16 members were present, satisfying the requisite quorum under the Companies Act, 2013. The meeting concluded at 12:10 PM after all resolutions were deemed passed with the requisite majority.

Voting Participation and Results

Voting was conducted via remote e-voting (August 4–6, 2026) and through ballot papers during the meeting. In cases where members voted via both methods, remote e-votes took precedence. The scrutinizer’s report confirmed that 34 members participated in remote e-voting, representing 82.11% of outstanding shares. All five resolutions received 100% support from votes polled, with zero votes against or invalid.

Governance and Scrutiny

The Board of Directors, statutory auditors, secretarial auditors, and internal auditors attended the meeting to address shareholder queries. M/s. Shreekant S. Shah & Co. served as the Statutory Auditor, while M/s. RPSS & Co. acted as both the Secretarial Auditor and the Scrutinizer appointed under Section 109 of the Companies Act, 2013. M/s. S. Mandawat & Co. represented the Internal Audit function.

Ms. Deepti Thepadia, Company Secretary & Compliance Officer, facilitated the proceedings. The votes were unblocked from the Central Depository Services Limited (CDSL) remote e-voting website on August 7, 2026, at 12:58 PM in the presence of witness Jay Surti. The consolidated voting results were submitted to the Bombay Stock Exchange on August 8, 2026.

Strategic Implications

The approval of increased borrowing powers and loan/investment limits signals management’s intent to optimize capital deployment. By securing these mandates upfront, Vivaa Tradecom can respond more agilely to market opportunities or liquidity needs. The alteration of the authorized share capital clause ensures the company has sufficient headroom for potential equity issuances or bonus shares, supporting long-term value creation without procedural delays. The unanimous support underscores strong shareholder confidence in the company’s strategic direction.

Vivaa Tradecom Limited has fixed Friday, July 31, 2026, as the record date to determine shareholder eligibility for remote e-voting and participation at its 16th Annual General Meeting (AGM). The AGM is scheduled for August 7, 2026, at 11:30 A.M. in Ahmedabad. The meeting will address the adoption of audited standalone financial statements for FY26 and seek shareholder approval for increasing the authorized share capital and borrowing powers.

For the financial year ended March 31, 2026, the company reported a net profit of ₹63.77 lakh, a decrease from ₹76.02 lakh in the previous year. Total income stood at ₹28,486.43 lakh, compared to ₹28,751.29 lakh in FY25, while total expenses were ₹28,351.45 lakh. Revenue from operations was ₹28,479.11 lakh, and earnings per share (EPS) stood at ₹1.62. The Directors have decided not to recommend any dividend for the period.

Financial Performance

AGM Agenda and Resolutions

The Board seeks shareholder consent to increase borrowing powers up to ₹50 crore and to raise the limits for loans, investments, and guarantees to ₹50 crore, subject to the provisions of the Companies Act, 2013. A special resolution has been proposed to increase the authorized share capital from ₹8 crore to ₹11 crore. This alteration involves increasing the number of equity shares from 80 lakh to 1.10 crore shares of ₹10 each.

Governance and Compliance

Remote e-voting will commence on August 4, 2026, at 9:00 a.m. IST and conclude on August 6, 2026, at 5:00 p.m. IST. M/s. RPSS & Co has been appointed as the scrutinizer, and Central Depository Services (India) Limited (CDSL) will serve as the e-voting agency. M/s. Shreekant S. Shah & Co. serves as the statutory auditor for the company.