Vivid Global Industries Ltd

AGM voting results

• AGM held 29 Sep 2026 via VC/OAVM; remote e-voting 26-28 Sep.
• Shareholders on record date: 4,766; Promoter group attendees: 8; Public attendees: 18.
• Resolution 1 adopted: financial statements for year ended 31 March 2026; in favour 4,328,327; against 0.
• Resolution 2: appointment of Miten Sudhir Mody; votes polled 4,328,327 in favour; against 0.
• Resolution 3: special: remuneration exceeding 11% of net profits; votes polled 4,328,327 in favour; against 0.
• Resolution 4: Re-appoint Sumish S. Mody as MD 1 Nov 2026 to 31 Oct 2031; votes in favour.
• Promoter group in favour 100% on votes polled; overall in favour 99.98%.
• Total votes polled: 4,347,806; 47.63% of outstanding shares.
• Scrutinizer's report on remote e-voting and AGM proceedings enclosed.

AGM Details

• AGM held on 29 September 2026 via VC/OAVM.
• Voting cut-off date: 22 September 2026.

Resolutions and outcomes

• Adoption of financial statements for year ended 31 March 2026; 4346794 in favour, 1012 against; passed.
• Re-appointment by rotation of Miten Sudhir Mody; 4346794 in favour, 1012 against; passed.
• Remuneration beyond 11% of net profits; 4346694 in favour, 1112 against; passed.
• MD re-appointment (1 Nov 2026 to 31 Oct 2031): 4346794 in favour, 1012 against; passed.

AGM Details

• AGM held on 29 September 2026 at 11:00 AM via VC/OAVM.
• Quorum met as per Companies Act, 2013 Section 103.
• Chairman Sumish S. Mody chaired from Mumbai.
• Remote e-voting from 26 to 28 September 2026; AGM voting provided.
• Meeting commenced 11:05 AM and concluded 11:12 AM.

Ordinary Resolutions

• Adoption of financial statements and reports of directors and auditors.
• Rotation of director; eligible candidate for re-appointment.

Special Resolutions

• Approval to pay managerial remuneration exceeding 11% of net profits.
• Re-appointment of Sumish S. Mody as Managing Director from 1 Nov 2026 to 31 Oct 2031.

Voting Outcome

• All resolutions passed by requisite majority per Scrutinizer’s report.

Promoter stake change

• Sumiran Mody, promoter-relative, increased holding in Vivid Global Industries Ltd.
• Post-acquisition holding: 4,47,569 shares, 4.90% of paid-up capital.
• Pre-acquisition voting-rights holding: 2,65,040 shares, 2.90%.
• Acquired 1,82,529 shares, representing 2.00% of paid-up capital, via open market.
• Acquisition period: 1-Apr-2026 to 22-Sep-2026; mode: open market.
• Disclosures filed under SEBI insider trading Regulations 2015 and Regulation 29(2).
• Total paid-up equity capital remains 91,28,870 shares.

Management changes

• MD Sumish S. Mody re-appointed for five years from 01 November 2026, subject to member approval.
• Director Miten Sudhir Mody offers himself for re-appointment at ensuing AGM.
• Internal Auditor Ajay Mehta appointed for FY 2025-26.
• Scrutinizer Pankaj S. Desai appointed to monitor e-voting at AGM.
• Relationships: Sumish S. Mody is spouse of Meena Sumish Mody; Miten S. Mody is Sumish Mody's brother.

AGM calendar milestones

• Consent of the scrutinizer received on 06/08/2026.
• Board authorized a functional director to oversee the AGM process on 06/08/2026.
• Scrutinizer appointed on 06/08/2026.
• Benpos date for sending notice: 28/08/2026.
• Last date to dispatch AGM notice: on or before 07/09/2026.
• Newspaper publication deadline for e-voting and AGM notice: 08/09/2026.
• E-voting eligibility cut-off: 22/09/2026.
• E-voting window: 26/09/2026 9:00 AM to 28/09/2026 5:00 PM.
• AGM scheduled for 29/09/2026 at 11:00 AM.
• Scrutinizer's report due by 01/10/2026.
• Result declaration by Chairman by 01/10/2026.
• E-voting records handed to Chairman by 01/10/2026.

AGM and book closure

• Book closure from 23 September 2026 to 29 September 2026 (inclusive).
• AGM scheduled for 29 September 2026 at 11:00 AM via OAVM/VC.
• Deemed venue for AGM is the company's registered office.
• Cut-off date for remote e-voting set to 22 September 2026.

Board approvals

• Unaudited standalone Q1 FY2026 results approved.
• LRR on standalone results approved along with Limited Review Report.
• MD Sumish S. Mody re-appointed for five years from Nov 1, 2026.
• Miten Sudhir Mody to be re-appointed at AGM.
• Director's Report and 39th AGM Notice approved.
• Register/Transfer books closure set 23 Sep to 29 Sep 2026.
• Scrutinizer appointed: Pankaj S. Desai for E-voting.
• Secretarial Audit Report for FY2025-26 approved.
• Managerial remuneration approved exceeding 11% of net profits.
• Ajay Mehta appointed Internal Auditor for 2025-26.
• Compliances under SEBI LODR for quarter ended 30 June 2026 noted.
• AGM 39th to be held via OAVM/VC on 29 Sep 2026.
• Calendar of events for 39th AGM released.
• Arrangement to publish standalone results in newspaper.

Key board decisions and approvals

• Unaudited standalone Q1 FY2026 results approved, with Limited Review Report.
• Sumish S. Mody re-appointed as Managing Director for five years from 01 Nov 2026.
• Miten Sudhir Mody recommended for re-appointment at AGM.
• Director's Report and Notice of 39th AGM approved.
• Register of Members and Transfer Books to close 23–29 Sep 2026.
• Scrutinizer appointed for e-voting at AGM: Pankaj S. Desai.
• Secretarial Audit Report for FY2025-26 approved.
• Remuneration approved exceeding 11% of net profits.
• Internal Auditor appointed: Ajay Mehta for FY2025-26.
• SEBI LODR compliances for quarter ended 30 June 2026 noted.
• 39th AGM to be held via OAVM/VC on 29 Sept 2026 at 11:00 AM.
• Calendar of AGM events published.
• Annexure disclosures: MD re-appointed from 01 Nov 2026; related-party details disclosed.
• Cut-off date for remote e-voting: 22 Sept 2026.
• E-voting window: 26–28 Sept 2026.