SCRUTINIZER''S REPORT from PCS dt 29.09.2025
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The 42nd Annual General Meeting of Decorous Investment & Trading Company was held on 29 September 2025 via video conferencing. Six resolutions were put to vote through e-voting (NSDL platform) and poll, and all were passed with the requisite majority. The resolutions covered: (1) adoption of audited financial statements for FY ending 31 March 2025, (2) re-appointment of Mr. Amit Gupta (DIN: 00074483) as Director, (3) re-appointment of M/s G.K. Kedia & Company as Statutory Auditors, (4) a special resolution authorising loans/guarantees/investments beyond prescribed limits under Section 186 of the Companies Act, 2013, (5) appointment of Mr. Ashok Kumar (DIN: 11252233) as Executive Non-Independent Director for 5 years, and (6) appointment of Joint Secretarial Auditors for 5 years. Nearly 100% of votes were cast in favour on every resolution (around 9.66 lakh shares), with only 135 shares (held by 7 members) voted against each time.
All ordinary and special resolutions cleared with overwhelming majority, indicating smooth shareholder approval on governance, audit, and capital-related authorisations. The passing of the Section 186 special resolution gives the board wider flexibility to lend, guarantee, or invest beyond statutory thresholds, which may enable future capital deployment or treasury activity.