Omnitech Engineering Board Approves Annual Report, Appoints Cost Auditor and Secretarial Auditor, Schedules AGM
Omnitech Engineering's Board approved the annual report and appointed M/s. Niketan Gordhanbhai Tadhani & Co. as Cost Auditor for FY27 and MJP Associates as Secretarial Auditor for five years. The 5th AGM is scheduled for September 28, 2026, with e-voting from Sept 24-27.
The appointment of auditors and scheduling of the AGM are significant corporate governance events that investors and stakeholders monitor. The reappointment of a director also holds importance. These actions impact the company's operational and compliance framework.
The announcement details routine corporate actions such as board meeting outcomes, appointment of auditors, and scheduling of the AGM. These are standard procedures and do not inherently indicate positive or negative performance or outlook.
Omnitech Engineering Limited announced the outcome of its Board of Directors meeting held on September 1, 2026. The Board considered and approved the Annual Report for the Financial Year ended March 31, 2026, which includes the Directors’ Report, Corporate Governance Report, and Management Discussion and Analysis Report.
The Board also adopted the Secretarial Audit Report for the year ended March 31, 2026. Following the recommendation of the Nomination & Remuneration Committee, the Board recommended the appointment of Mr. Paras Mukundrai Parekh as Director, subject to shareholder approval.
Furthermore, based on the Audit Committee's recommendation, the Board appointed M/s. Niketan Gordhanbhai Tadhani & Co. as the Cost Auditor for the Financial Year 2026-27, with remuneration subject to shareholder ratification at the upcoming AGM. The Board also recommended the appointment of M/s. MJP Associates as Secretarial Auditors for a five-year term from 2026-27 to 2030-31, also subject to shareholder approval.
The company has scheduled its 5th Annual General Meeting (AGM) for Monday, September 28, 2026, at 4:00 P.M. IST, to be conducted through Video Conferencing (VC) and other audio-visual modes. MUFG Intime India Private Limited has been engaged as the Registrar and Transfer Agent (RTA) to facilitate the AGM via InstaMeet and provide InstaVote facilities for remote e-voting and e-voting during the meeting. The e-voting period will commence on September 24, 2026, at 9:00 A.M. IST and conclude on September 27, 2026, at 5:00 P.M. IST. The cut-off date for e-voting is September 21, 2026.
The Board meeting commenced at 3:00 P.M. IST and concluded at 4:06 P.M. IST.
A plain-language summary of a public exchange filing by Omnitech Engineering Limited. Read the original for the full detail.