Avon Mercantile MD, chairman, board of directors and AGM

BSE: 512265Commercial Services & Supplies

Avon Mercantile board of directors

At the end of the quarter to Mar 2019, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Company Secretary and Compliance OfficerPRANJUL GUPTA

4 directors2 independent2 non-executive

  • Ramesh Chandra AgarwalIndependent · joined Aug 2014 · 60 months as independent · 2 listed boards · 2 committee seats, 2 as chair
  • Satish Kumar GuptaIndependent · joined Aug 2014 · 60 months as independent · 2 listed boards · 3 committee seats, 1 as chair
  • Rakesh Kumar BhatnagarNon-executive · joined Feb 2012 · 1 listed board · 1 committee seat
  • Rashi AdlakhaNon-executive · joined Feb 2018 · 2 listed boards

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 14 Feb 201995 days in between
    • 10 Nov 2018

  • Audit Committee

    Chair Ramesh Chandra Agarwal

    Satish Kumar Gupta, Rakesh Kumar Bhatnagar

    • 14 Feb 201995 days in between

  • Nomination and remuneration committee

    Chair Satish Kumar Gupta

    Ramesh Chandra Agarwal, Rakesh Kumar Bhatnagar

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Rashi Adlakha

    Ramesh Chandra Agarwal, Satish Kumar Gupta

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Avon Mercantile AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Avon Mercantile share news and announcements

Annual general meeting, 29 Sep 2026

1,056 shareholders on the register on 22 Sep 2026; present: 2 promoters and 20 others; votes counted by Mr. Dinakr Sharma / Dinkar Sharma & Associates.The company's voting result (opens in a new tab)

  1. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY INCLUDING THE BALANCE SHEET AS AT 31ST MARCH 2026, THE STATEMENT OF AUDITED PROFIT AND LOSS ACCOUNT AND STATEMENT OF CASH FLOW FOR THE YEAR ENDED 31ST MARCH, 2026 TOGETHER WITH THE NOTES, DIRECTORS REPORTS AND AUDITORS REPORT THEREON.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  2. TO CONSIDER RE-APPOINTMENT OF MR. GURVINDER PAL SINGH (DIN: 05207077) AS A DIRECTOR OF THE COMPANY WHO RETIRES BY ROTATION AND BEING ELIGIBLE OFFERS HIMSELF FOR REAPPOINTMENT
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Compliance

The board is made up as the listing rules require
Yes
The board has a regular chairperson
No
The company has a risk management committee
No

The company's own answers in its filing.