BSEAGM/EGM2d ago · 22 Sept 2026, 07:42 pm

In terms of Regulation 44 of SEBI (LODR), Regulations 2015 read with Regulation 30, attached is the Scrutinizer Report for 48th Annual General Meeting of the Company held on 22.09.2026

Rapid Investments Ltd · 501351

✦ AI SummaryResults

Rapid Investments Ltd has released the Scrutinizer Report for its 48th Annual General Meeting, confirming the voting results for three resolutions, including the adoption of audited financial statements and the reappointment of a director and managing director.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Rapid Investments Ltd - 501351 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

Attachments (1)

📄

0ae92ffa-7097-422e-8344-e0be0ff54335.pdf

pdf

Download →
View document text
PANKAJ S. DESAI Office: - 505/ Panchsheel-4/B Company Secretaries Raheja Township, Malad (East), Mumbai-400 097, Tel Off:- 7977275028 B.Com (Hons), A.C.S., A.C.A. Cell:- 9322288917 PAN :- AADPD1728R E-Mail: shirdipankaf@hotmail.com ********************************************************** Scrutinizer's Report [Pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014] Chairman Rapid lnvestments Limited 107. Turf Estate, Off. Dr. E. Moses Road, Shakti Mill Lane, Mahalaxmi, Murnbai-400011. Dear Sir, 1. 1, Pankaj S. Desai, Practicing Company Secretary, have been appointed as a scrutinizer by the Board of Directors of Rapid Investments Limited at its meeting held on Wednesday, 12th August, 2026 for the purpose of scrutinizing the e-voting and for conducting the ballot process at the Annual General Meeting and ascertaining the requisite majority on e-voting carried out as per the provisions of Section 108 of the Companies Act, 2013 read with the Rule 20 of the Companies (Management and Administration), Rules, 2014 as amended by the Companies (Management and Administration), Rules, 2015 and ballot process undertaken at the 48th Annual General Meeting (AGM) on the resolutions contained in the notice of the 48th Annual General Meeting (AGM) of the Equity Shareholders of the Company, held on 22nd September, 2026 at 309, Pioneer Industrial Estate, Subhash Road, Jogeshwari (E), Mumbai - 400060. 2. The management of the company is responsible to ensure the compliance with the requirements of the Companies Act, 2013 and Rules relating to voting through electronic means on the resolutions contained in the Notice of the 48th Annual General Meeting of the members of the Company. My responsibility as a scrutinizer for the e-voting is restricted to make a Scrutinizer's Report of the votes cast "in favour" or "against" the resolutions stated in the notice, based on the reports generated from the e-voting system provided by Central Depository Services (India) Limited, the authorized agency to provide e-voting facilities, engaged by the Company. 3. Futther to above, 1 submit my report as under: 3.1. The Company has provided the e-voting facility through Central Depository Services (India) Limited (CDSL) on their website https://www.evotingindia.com. The Company had uploaded all the items of businesses to be transacted on the website of the Company and also irs Service Provider to facilitate their shareholders to cast their vote through e voting. 3.2. The Notice sent (both through email and physical form) contained the detailed procedure to be followed by the members who were desirous of casting their votes electronically as provided under Rule 20 of the Companies (Management and Administration) Rules. 2014 as amended by the Companies (Management and Administration), Rules, 2015. 3.3 The Company had arranged for ballot papers and ballot box for the members and proxies present at the Annual General Meeting (AGM) as on 22nd September, 2026. 3.4 We have ensured that the ballot box was duly locked and sealed in the presence of the members and proxies. 3.5 The scrutiny was done in the presence of two person's viz. Mr. Bharat Chavan and Mr. Vishal Desai as witnesses after the voting process was over. 3.6. The E-Voting commenced from 9.00 a.m. on Saturday, the 19.09.2026 and will end on Monday, the 21.09.2026. 3.7. The votes cast were unblocked in the presence of2 witnesses, Mr. Vishal Desai and Mr. Bharat Chavan who are not in the employment of the Company. They have signed below in confirmation of the votes beings unblocked in their presence. 3.8. The E-Voting data was scrutinized by me for verification of votes cast "in favour" and "against" the Resolutions. 3.9. Thereafter, the details containing inter alia, list of Equity Shareholders, who voted "in favour" or "against" each of the Resolutions that were put to vote, were generated from the e-voting website of Central Depository Services Limited on their website i.e. https:/lwww.evotingindia.colll and the result of the e-voting and after conducting the ballot process at the Annual General Meeting is as under: Item No.1 - As an Ordinary Resolution: To receive, consider and adopt the Audited Financial Statement of the Company for the financial year ended 31 st March, 2026 together with the Reports of Directors' and Auditors' thereon. i. Vot"ed ill favour of the resolution: Number of members Number of Votes % of total number voted cast of valid votes cast 16 1924082 100% ii. Voted against the resolution Number of members Number of Votes % of total number voted cast of valid votes cast 3 3 100% iii. Abstained votes: Number of members Number of Votes % of total number voted cast of valid votes cast 0 0 0 Item No.2 - As an Ordinary Resolution: To appoint Director in place of Mr. Kanishk Ranka (DIN: 06967647) who retires by rotation and being eligible offers himself for reappointment. i. Voted in favour of the resolution: Number of Number of Votes % of total number members voted cast of valid votes cast 16 1924082 100% ii. Voted against the resolution Number of Number of Votes % of total number members voted cast ofvalid votes cast 3 3 100% iii. Abstained votes: Number of Number of Votes % of total number members voted cast of valid votes cast 0 0 0 Item No.3 - As an Special ResohHion: Re-appointment of Mrs. Nina Ranka (DIN: 00937698) as Managing Director of the Company with effect from August 13, 2026 to August 12, 2031. i. Voted in favour of the resolution: Numbcl' If Numbcr of VoCes %, of total number members voted enst of valid votes cast 16 1924082 100lYo ii. Voted ngainst the resolution Numbel' of Number of Votes % of total number members voted cast of valid votes cast 3 3 100% iii. Abstained votes: Number of Number of Votes % of total number members voted cast of valid votes cast 0 0 0 Item No. 4 - As an Ordinary Resolution: Re-appointment of MIs. NNK & Co., Chartered Accountants (Firm Registration No. 143291W) as the Statutory Auditors of the Company for a further term of four (4) consecutive years. Voted in favour of the resolution: Number of Number of Votes % of total number members voted cast of valid votes cast 16 1924082 100% i. Voted against the resolution Number of Number of Votes % of total number members voted cast of valid votes cast 3 3 100% ii. Abstained votes: Number of Number of Votes % of total number members voted cast of vnlid votes cast 0 0 0 Item No.5 - As all Special Resolution: To regularize the appointment of Mr. Arun Jain (DlN: 02540343) 11.)1' n lerlll of five (5) consecutive years commencing from August 13, 2026 t~) August 12. OJ 1. Voted in favour of the resolution: NUlIlber of Number of Votes % of total number 1Il£'1Il b£'l"S voted cast of valid votes cast 16 1924082 100% i. Voted against the resolution Number of Number of Votes % of total number members voted cast of valid votes cast 3 3 100% ii. Abstained votes: Number of Number of Votes % of total number members voted cast of valid votes cast 0 0 0 4. A Register and all other papers and relevant records containing details of equity shareholders, who voted "IN FA YOUR" OR "AGAINST" under e-voting and voting done at the AGM through Ballot Paper shall remain in our safe custody until the Chairman approves and signs the Minutes of the aforesaid AGM and the same would thereafter be handed over to Mr. Yijay Dalpatbhai Teraiya, Company Secretary & Compliance Officer for safe keeping. 5. You may accordingly declare the result of voting bye-voting and ballot. 6. The abovementioned resolutions are deemed to be passed as on the date of announcement of results. Thanking you, Yours faithfully, - ...... " SecretariM Pra,!nlb Practicing Company Secretary (C.O.P. No. 4098) Scrutinizer for Polling form and E-voting UDIN: A003398H001567092 Place: Mumbai Date: 22"d September, 2026