Proceedings of 32nd Annual General Meeting and its Scrutinizer''s Report
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RCI Industries & Technologies Limited held its 32nd Annual General Meeting on February 10, 2026 at 11:00 AM via video conferencing. All 7 resolutions were passed with requisite majority, including adoption of audited financial statements, appointment of statutory auditors, and appointments of new directors following the company's acquisition by JTL Industries Limited through the Corporate Insolvency Resolution Process under IBC, 2016 (NCLT order dated October 9, 2025). Key appointments include Mr. Pranav Singla as Managing Director, Mr. Dhruv Singla as Whole-time Director, and three new Independent Directors (Mrs. Neerja Chathley, Mr. Satinder Singh, and Dr. Venkatagowri Sankara Jayaram Pyla). Voting results show 100% assent on all resolutions with 1,00,19,257 shares voted in favor and zero dissent, indicating the new management has full shareholder support.
This AGM formalizes the new board structure after JTL Industries' acquisition of RCI through the insolvency resolution process, signalling a fresh start for the company. With near-unanimous shareholder approval, the transition of management is now complete and the company can move forward under its new controlling shareholder.