Omax Autos Limited: 43rd AGM Approves All Resolutions, Including Financials and Director Re-appointments
Omax Autos Limited held its 43rd AGM on August 29, 2026, where all resolutions were approved. Key approvals include the financial statements for FY26, dividend declaration, re-appointment of directors Nikhel Kochhar and Tavinder Singh, and approval of remuneration for Tavinder Singh, Nipun Khurana, and Devashish Mehta. Cost auditor remuneration was also ratified.
The approval of financial statements, dividend, and director appointments are standard AGM outcomes but have a direct impact on corporate governance and shareholder confidence.
All resolutions were approved by shareholders, indicating positive outcomes for the company's financial statements, dividend, director appointments, and remuneration.
Omax Autos Limited announced the outcome of its 43rd Annual General Meeting (AGM), which was held on August 29, 2026, via Video Conferencing (VC)/Other Audio Visual Means (OAVM).
All resolutions presented in the AGM notice were duly approved by the shareholders with the requisite majority. This includes the adoption of the Audited Financial Statements for the financial year ended March 31, 2026, along with the Auditors' and Board of Directors' reports.
Further, the shareholders approved the declaration of dividend for the financial year ended March 31, 2026. The meeting also saw the re-appointment of Mr. Nikhel Kochhar and Mr. Tavinder Singh as Directors, who retired by rotation and offered themselves for re-appointment. Additionally, Mr. Tavinder Singh's re-appointment as Whole-Time Director and his remuneration were approved, as was the re-appointment of Mr. Nipun Khurana as an Independent Director and the revision in remuneration for Mr. Devashish Mehta, the Managing Director.
The company also ratified the remuneration of M/s. JSN & Co. as its Cost Auditors for the financial year 2026-27. The detailed voting results, including remote e-voting and e-voting at the AGM, were enclosed along with the Scrutinizer's Report.
A plain-language summary of a public exchange filing by Omax Autos Limited. Read the original for the full detail.