Supreme Industries Ltd Holds 84th Annual General Meeting; Shareholders Adopt Financial Statements, Appoint New Statutory Auditors
Supreme Industries Ltd concluded its 84th Annual General Meeting on Friday, July 3, 2026, utilizing a Video Conference format. The meeting was attended by all the company's Directors and more than 30 shareholders.Shri M.P. Taparia, Chairman and Managing Director, occupied the chair for the proceedings. He welcomed all the shareholders present and informed them that the AGM was held via Video Conferencing, noting the attendance of Shri R.J. Saboo, Company Secretary, and Shri P C Somani, CFO. Representatives from the Statutory Auditors (M/s Lodha & Company), Cost Accountants (M/s Kishore Bhatia & Associates), and Secretarial Auditor (Mr. V. Laxman, Proprietor of Mis V Laxman & Company) also participated in the meeting.
The Chairman provided shareholders with an overview of the financial status, noting that both the Auditor's Report and the Secretarial Audit report contained no qualifications or adverse observations regarding the company’s financial transactions and operations. The board representatives confirmed that records related to directors’ interests were available for electronic inspection upon request by any member.
The AGM addressed several key resolutions concerning the operational continuity and governance of the company. Shareholders were presented with five agenda items, covering financial adoption, dividend declarations, and appointments.
Key outcomes and proposed resolutions included:
| Description of Resolutions | Purpose |
|---|---|
| Resolution 1 | To receive, consider, and adopt the Audited financial statements of the Company for the financial year ended March 31, 2026, including the Balance Sheet and Statement of Profit & Loss, as well as the Audited Consolidated Financial Statements. |
| Resolution 2 | To declare a final dividend on Equity Shares for the Financial Year ended March 31, 2026, and to confirm payment of the Interim dividend declared by the Board of Directors. |
| Resolution 3 | Appointment of MSKA & Associates LLP, Chartered Accountants (Firm Registration No. 105047W/ W101187) as the Statutory Auditors of the Company. |
| Resolution 4 | To appoint a Director in place of Shri V.K. Taparia, who retires by rotation and offers for reappointment after attaining the age of seventy years. |
| Resolution 5 | Ratification of remuneration of Cost Auditors. |
During the meeting, Shri R.J. Saboo, Company Secretary, provided details regarding the voting facilities available to members. He further announced that Mr. V. Laxman was appointed as the Scrutinizer for votes cast through E-Voting.
Shri M.P. Taparia then presented the Chairman Statement. The company informed shareholders that all questions raised via email had been duly replied to by him. Regarding the voting process, Shri R.J. Saboo advised members that the electronic voting window would remain open until 15 minutes post the conclusion of the AGM.
The management confirmed that Voting Results and the Scrutinizer's Report will be declared and placed on the company’s website and with the BSE Limited, National Stock Exchange of India Limited, and NSDL within two working days of the meeting's conclusion.
SUPREMEIND Stock Price Movement
Supreme Industries Limited shares slipped by 1.12% today to settle at ₹3239, finishing significantly lower after trading activity concluded this evening. The stock traded in the post-market session and showed a decrease of ₹36.60 against its previous close.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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