StockWatch
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Logistics Solution Provider
AGM/EGM2 Oct 2026, 09:00 pm

Ritco Logistics Ltd: AGM Approves Financials and Director Re-appointment

AI Summary

Ritco Logistics Ltd held its 25th Annual General Meeting (AGM) on September 30, 2026, through video conferencing. The meeting successfully concluded with the adoption of audited consolidated and standalone financial statements for the year ended March 31, 2026. Shareholders also approved the re-appointment of Mr. Sanjeev Kumar Elwadhi as a director, who retired by rotation. The voting results indicated overwhelming support for both resolutions, with promoters and public shareholders voting in favour. A total of 9976 shareholders were on the record date, with 44 promoters and 7 public shareholders attending via video conference. Notably, 89,71,200 shares were excluded from voting for the director re-appointment resolution due to conflict of interest, as per regulations.

Key Highlights

  • AGM held on Sep 30, 2026, via video conference.
  • Audited financials for FY26 adopted by shareholders.
  • Director re-appointment approved with strong majority.
  • Conflict of interest shares excluded from director vote.
  • Overwhelming support for all resolutions presented.