Scrutinizers Report for the AGM held on 20.09.2025
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KBS India Limited held its 39th Annual General Meeting on Saturday, 20th September 2025 via video conferencing, from 12:30 PM to 1:01 PM. Four resolutions were put to vote through remote e-voting (17–19 September 2025) and e-voting during the AGM, facilitated by CDSL. The resolutions included adoption of audited financial statements for FY ended 31 March 2025, re-appointment of Ms. Namita Tushar Shah (DIN: 02870178) as Director retiring by rotation, a special resolution to create and allot 6% Non-Convertible Redeemable Preference Shares on a preferential basis, and approval of the limit for related party transactions. The Scrutinizer, Ms. Dipali Natvar Vora (Practicing Company Secretary), confirmed that all four resolutions were passed with the requisite majority. The report was countersigned by the company's Managing Director, Mr. Tushar Suresh Shah.
Shareholders have approved the financial statements and director re-appointment, which are routine. The more notable items are the approval to issue 6% Non-Convertible Redeemable Preference Shares on a preferential basis and the clearance for related party transactions — investors should watch for further disclosures on pricing, allottee identity, and the quantum of the preferential issue, as these can affect shareholding dilution and cash flows.