AGM Details

  • Meeting Date: Tuesday, 25th August 2026
  • Time: 12:30 p.m. IST
  • Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Record Date: 18th August 2026 (for determining voting rights)

Ordinary Business

Item No. 1 - Adoption of Financial Statements

To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, including the Statement of Profit & Loss, and Cash Flow Statement, together with Reports of Board of Directors and Auditors. This will be passed as an Ordinary Resolution.

Item No. 2 - Re-appointment of Director

To appoint Mr. Ashok Patel (DIN: 06952925) who retires by rotation and offers himself for re-appointment. This will be passed as an Ordinary Resolution.

Special Business

Item No. 3 - Appointment of Independent Director

To appoint Mr. Gopal Krishan Sood (DIN: 00106839) as an Independent Director through a Special Resolution.

  • Originally appointed as Additional Director effective 22nd May, 2026
  • Proposed term: 22nd May, 2026 to 21st May, 2031 (5 years)
  • Age: 86 years
  • Qualifications: M.COM
  • Expertise: Over 60 years in Agri-commodities sector (edible oils, sugar, grains, biofuels)
  • Current directorships: K N Agri Resources Limited, Mair Commodities Limited, JK India Eagritech Limited
  • Declaration provided meeting independence criteria under Section 149(6) of Companies Act, 2013 and Regulation 16(1)(b) of SEBI Listing Regulations
  • Remuneration: Meeting fees, commission, and expense reimbursement

Item No. 4 - Borrowing Limits Approval

To approve enhanced borrowing limits through a Special Resolution under Section 180(1)(c) of Companies Act, 2013.

  • Current approved limit: ₹200.00 Crore (approved on March 19, 2024)
  • New proposed limit: ₹350.00 Crore
  • Purpose: Company's long-term strategic and business objectives, additional fund requirements
  • Borrowings may exceed aggregate of paid-up share capital, free reserves and securities premium
  • Excludes temporary loans from bankers in ordinary course of business

Item No. 5 - Security Creation Powers

To approve powers of Board under Section 180(1)(a) of Companies Act, 2013 through a Special Resolution.

  • Authorizes creation of charge/mortgage/pledge/hypothecation/security on company properties
  • Covers movable/immovable properties, tangible/intangible assets, present/future, undertakings
  • For securing borrowings within approved limits of ₹350.00 Crore
  • Includes foreign currency loans, rupee loans, convertible/non-convertible debentures, other debt instruments

Director Details

Mr. Ashok Patel (DIN: 06952925)

  • Designation: Whole Time Director & Chief Financial Officer
  • Date of Birth: 30.12.1976
  • Age: 49 years
  • Date of first appointment: 05.11.2018
  • Qualifications: CA, B.COM
  • Expertise: 25+ years in Finance, Credit, Project Funding
  • Remuneration: Within overall ceiling of ₹54.02 lakhs per annum effective from April 1, 2025 to March 31, 2028
  • Other directorship: Mass Fintech Private Limited

Mr. Gopal Krishan Sood (DIN: 00106839)

  • Designation: Non-Executive Independent Director
  • Date of Birth: 13.03.1940
  • Age: 86 years
  • Date of first appointment: 22.05.2026
  • Qualifications: M.COM
  • Committee positions: Chairman of Audit Committee and Stakeholders' Relationship Committee at K N Agri Resources Limited; Chairman of Nomination and Remuneration Committee and Member of Audit Committee at JK India Eagritech Limited

Voting Arrangements

Remote e-Voting

  • Period: 22nd August 2026 (9:00 A.M.) to 24th August 2026 (5:00 P.M.)
  • Service Provider: National Securities Depository Limited (NSDL)
  • Platform: https://www.evoting.nsdl.com/
  • Mobile App: NSDL Speede available

Meeting Attendance

  • Members can join AGM through VC/OAVM 15 minutes before and after scheduled time
  • Facility available for 1000 members on first-come-first-served basis (excludes large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, auditors)
  • Quorum will include members attending through VC/OAVM

Scrutinizer Appointment

Mr. Manish R. Patel, Practising Company Secretary (Membership No. 51048, COP No. 18695) appointed as Scrutinizer to conduct voting process.