Scrutinizer''s Report for 40th Annual General Meeting

Speedage Commercials Ltd held its 40th AGM on 25th September 2025, and all 6 resolutions were passed with 100% assent. The meeting was attended by 4 promoter group members and 1 public member in person, out of 394 total shareholders on the record date. Total votes polled stood at 8,18,583 shares, representing 83.53% of the 9,80,000 outstanding shares. Key resolutions included approval of the FY25 audited financial statements, re-appointment of Mr. Jayesh B. Bhansali as a director (retiring by rotation), appointment of M/s Rathi & Associates as Secretarial Auditors for 5 years (FY26–FY30), and appointment of Mr. Nilesh Sheth and Mrs. Mansi Srivastava as Independent Directors for 5-year terms. The Material Related Party Transactions resolution was passed only by non-interested shareholders (7 members, 1,08,340 shares), as promoter group was excluded from voting and 5 members holding 7,10,243 shares were deemed invalid.