AGM Details

The 13th Annual General Meeting will be held on Wednesday, 30th September 2026 at 10:30 AM at Incredible One Hotel, 1-2-40, 41 & 43, Park Lane, Sandhu Apartment, Kalasiguda, Secunderabad, Telangana 500003.

Ordinary Business Items

1. To receive, consider and adopt the Audited Financial Statements for the financial year ended 31st March 2026 together with reports of board of directors and auditors

2. To appoint a director in place of Mr. Devender Kumar Agarwal (DIN: 00042156) who retires by rotation and offers himself for reappointment

Special Business Items

Item 3: Reappointment of Managing Director
  • Special resolution to reappoint Mr. Devender Kumar Agarwal (DIN: 00042156) as Managing Director
  • Term: Five years from 03rd September 2026 to 02nd September 2031
  • Subject to retirement by rotation requirements
  • Based on recommendation of Nomination and Remuneration Committee and board consent
Item 4: Remuneration Approval for Managing Director
  • Special resolution to approve remuneration for Mr. Devender Kumar Agarwal
  • Term: Five years from 03rd September 2026 to 02nd September 2031
  • Remuneration structure:
  • Basic Salary: ₹1,25,000 per month
  • Commission: 1% of Net Profits or 50% of basic salary, whichever is less
  • Perquisites including:
  • Rent free furnished accommodation or HRA (40% of basic salary)
  • Medical reimbursement: Up to one month's basic salary per year
  • Leave Travel Concession for self and family once annually
  • Club fees for maximum two clubs
  • Personal Accident Insurance premium up to ₹15,000 annually
  • Provident Fund, Superannuation Fund contributions
  • Company car for business use and telephone facilities
  • In case of loss or inadequacy of profits, remuneration will not exceed Schedule V limits
Item 5: Related Party Transactions Approval
  • Ordinary resolution to approve related party transactions
  • Transactions with specified entities for FY2026-27:
  • Suryavanshi Spinning Mills Limited: ₹5 crore limit
  • Sheshadri Industries Limited: ₹5 crore limit
  • Suryavanshi Industries Limited: ₹7 crore limit
  • Moonglade Trading Private Limited: ₹5 crore limit
  • Moonglade Industries Private Limited: ₹5 crore limit
  • All transactions at arm's length basis in ordinary course of business

Financial Performance Context

As of 31st March 2026:

  • Total revenue from operations: ₹203.29 lakh
  • Profit Before Tax: ₹168.21 lakh
  • Profit After Tax: ₹165.14 lakh

Shareholding Information

Mr. Devender Kumar Agarwal holds 16,55,088 shares in the company as of 31st March 2026.

Record Date and Share Transfer

  • Register of Members and Transfer Books closed from 19th September 2026 to 30th September 2026
  • Cut-off date for e-voting: 18th September 2026

E-voting Details

  • Remote e-voting period: 26th September 2026 (9:00 AM) to 29th September 2026 (5:00 PM)
  • Scrutinizer: Shri B.V. Saravana Kumar, Practicing Company Secretary
  • Results declaration: 30th September 2026

Additional Information

  • No foreign investments or collaborations
  • No inter-se relationship between board members
  • Company Registrar & Share Transfer Agent: KFIN Technologies Limited