Kesar Enterprises Limited has released a summary of its 91st Annual General Meeting (AGM), held on August 20, 2026. The meeting was conducted via Video Conferencing (VC), with all directors present. Key resolutions approved included the adoption of audited financial statements for FY 2025-26, the re-appointment of a director, ratification of remuneration for the Cost Auditor, and approval of related party transactions.
Kesar Enterprises Conducts 91st AGM
Kesar Enterprises Limited convened its 91st Annual General Meeting (AGM) on Thursday, August 20, 2026, at 3:00 p.m. The meeting was conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI. The Chairman & Managing Director, Shri Harsh R Kilachand, chaired the meeting, confirming the presence of the requisite quorum.
Key Resolutions Approved
During the AGM, several crucial resolutions were presented and approved by the members. These included:
- Adoption of the audited Balance Sheet as at March 31, 2026, and the Statement of Profit & Loss for the period ended on that date, along with the Reports of the Board of Directors and Auditors.
- Re-appointment of Shri Devendra J Shah as Director, who retired by rotation and was eligible for re-appointment.
- Ratification of remuneration to Shri Rishi Mohan Bansal, the Company’s Cost Auditor for the Financial Year 2026-27.
- Approval of Material Related Party Transactions with Kesar Terminals & Infrastructure Limited.
Meeting Conduct and Voting
All directors of the Company attended the meeting virtually. The company provided a remote e-voting facility, and an opportunity for members to cast their votes electronically was available during the meeting and for 30 minutes post-conclusion. The Statutory Auditors’ Report for Financial Year 2025-26 carried no qualifications. The Secretarial Audit Report for the same period included certain observations, which were discussed along with explanations from the Directors’ Report. The meeting concluded at 4:08 p.m.
Source: BSE
