Meeting Details
The Board meeting commenced at 4:45 PM IST and concluded at 5:30 PM IST on Thursday, August 27, 2026.
Key Decisions and Approvals
1. Annual General Meeting and Board's Report Approval
The Board approved:
- Draft Notice convening the ensuing Annual General Meeting (AGM)
- Board's Report (Directors' Report) along with annexures including Management Discussion and Analysis Report and Corporate Governance Report for financial year ended March 31, 2026
- AGM to be convened on Monday, September 28, 2026 at 2:00 PM IST through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
2. Book Closure and Voting Arrangements
Pursuant to Section 91 of Companies Act, 2013 and Regulation 42 of SEBI Listing Regulations:
- Register of Members and Share Transfer Books to be closed from Tuesday, September 22, 2026 to Monday, September 28, 2026 (both days inclusive)
- Cut-off date for determining voting eligibility: Monday, September 21, 2026
- Remote e-voting period: Friday, September 25, 2026 at 9:00 AM IST to Sunday, September 27, 2026 at 5:00 PM IST
3. Scrutinizer Appointment
Board appointed M/s. Ishit Vyas and Co., a firm of Practicing Company Secretaries, Ahmedabad (Membership No. F7728, COP No. 8112) as Scrutinizer for remote e-voting and e-voting processes. Remuneration to be mutually agreed between Board and Scrutinizer.
4. Director Appointment
Board approved appointment of Mrs. Anita Ganeshbhai Marvadi (DIN: 11808366) as Additional Director in capacity of Non-Executive Independent Director:
- Effective from August 27, 2026
- To hold office up to date of ensuing Annual General Meeting
- Board recommended to shareholders for regular appointment for first term of 5 consecutive years
5. Regulatory Fine Notification
Board noted fine of ₹1,180 (inclusive of GST) levied by BSE Limited:
- Notice dated August 20, 2026
- Reason: Delayed compliance under Regulation 6(1) of SEBI (LODR) Regulations, 2015
- Delay noted as inadvertent
- Fine paid to BSE on August 25, 2026
- Management advised to maintain stringent compliance measures
Director Profile Disclosure (Annexure-I)
Mrs. Anita Ganeshbhai Marvadi
- Current Position: Holds managerial position in renewable energy sector, specifically focusing on Solar Energy operations
- Expertise: Brings practical industry experience, hands-on managerial experience, and practical knowledge of business operations in solar power domain
- Expected Contribution: To provide beneficial operational perspectives and strengthen independent oversight of the Board
- Relationships: Not related to any Directors or Key Managerial Personnel of the Company
- Eligibility: Not debarred from holding office of Director by virtue of any SEBI order or statutory authority