SG Mart holds 40th annual general meeting, approves financial statements and key appointments

SG Mart Limited (formerly Kintech Renewables Limited) announced the proceedings of its 40th Annual General Meeting (AGM), held on Saturday, September 20, 2025, via video conferencing. The meeting covered the adoption of the audited financial statements for the fiscal year ended March 31, 2025, and the re-appointment of Mr. Amit Thakur as a director. Mr. Arun Agarwal, non-executive director, was elected chairman for the meeting.

Key appointments approved during the AGM include M/s Parikh & Associates as secretarial auditors and Mr. Arun Agarwal as a non-executive director. Additionally, resolutions regarding the repricing of employee stock options under the 'Kintech Renewables Limited Employees Stock Option Scheme – 2023' and the approval of the 'SG Mart Employees Stock Option Plan 2025' were passed. The plan's benefits will also extend to employees of subsidiary and associate companies.

The company also secured authorization for the SG Mart Limited Employees Welfare Trust to undertake secondary acquisition of equity shares under the 'SG Mart Employees Stock Option Plan 2025' and approved the provision of money by the company to the Trust. Remote e-voting commenced on September 17, 2025, and concluded on September 19, 2025. The meeting concluded at 1:29 p.m.