Meeting Details

The 14th Annual General Meeting was held on Friday, September 11, 2026 from 11:00 Hrs (IST) through Video Conference / Other Audio Video Means (VC/OAVM) mode in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI.

Attendance

Board Members Present:

  • Mr. Kamalvijay Ramchandra Tulsian, Chairman Non-Executive Director
  • Mr. Ashwin Jayantilal Desai, Managing Director
  • Ms. Purnima Ashwin Desai, Whole-time Director
  • Mr. Rohan Ashwin Desai, Whole-time Director
  • Dr. Aman Ashwinbhai Desai, Whole-time Director (virtually)
  • Mr. Arun Brijmohan Kanodiya, Independent Director (virtually)
  • Mr. Jitendra Popatlal Vakharia, Independent Director
  • Dr. Amol Arvindrao Kulkarni, Independent Director (virtually)
  • Mr. Jeevan Lal Nagori, Independent Director (virtually)
  • Ms. Leja Satish Hattiangadi, Independent Director (virtually)

Other Participants:

  • Mr. Faiz Arif Nagariya, Chief Financial Officer
  • Mr. Chitrarth Rajan Parghi, Company Secretary & Compliance Officer
  • Mr. Amit Solanki, Statutory Auditor (M/s. Suresh I. Surana & Associates, virtually)
  • Ms. Pinal Kandarp Shukla, Scrutinizer (M/s. Dhirren R. Dave & Co., virtually)

A total of 46 shareholders participated in the meeting, and the required quorum was present to conduct the proceedings.

Proceedings Summary

Mr. Chitrarth Rajan Parghi, Company Secretary, initiated the proceedings and acknowledged the presence of all participants. The statutory registers were declared open for shareholder review during the AGM.

Mr. Kamalvijay Ramchandra Tulsian, Chairman, delivered a welcome speech and called the meeting to order. Dr. Aman Ashwinbhai Desai discussed the previous financial year through a presentation to shareholders.

The Company Secretary confirmed that the Annual Report, including Notice of AGM, Financial Statements, and related documents, had been circulated electronically to shareholders. The Notice of AGM and Financial Statements were taken as read with permission of all present. No qualifications or adverse remarks from auditors were noted on the Financial Statements.

Resolutions Proposed

The following eight ordinary resolutions were read out by the Chairman and put to vote:

1. Adoption of audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, and Reports of Board and Auditors

2. Reappointment of Mr. Kamalvijay Ramchandra Tulsian (DIN: 00190840) as Non-Executive Director, retiring by rotation

3. Reappointment of Ms. Ishita Surendra Manjrekar (DIN: 06731016) as Non-Executive Director, retiring by rotation

4. Ratification of remuneration payable to Cost Auditor for FY 2026-27

5. Reappointment of Mr. Ashwin Jayantilal Desai as Managing Director

6. Reappointment of Ms. Purnima Ashwin Desai as Whole-time Director

7. Reappointment of Mr. Rohan Ashwin Desai as Whole-time Director

8. Reappointment of Dr. Aman Ashwinbhai Desai as Whole-time Director

Voting Procedures

The Company Secretary informed shareholders about the e-voting procedure with cut-off date of September 5, 2026. Remote e-voting commenced on September 8, 2026 from 09:00 Hrs to September 10, 2026 till 17:00 Hrs. Members who had already voted could not vote again, while remaining members could vote on proposed resolutions up to 15 minutes after the AGM.

M/s. Dhirren R. Dave & Co., practising Company Secretaries, were appointed to scrutinize votes cast through remote e-voting and e-voting at AGM transparently.

Shareholder Participation

A few shareholder speakers registered for questions/views, with one speaker being heard during the meeting.

Conclusion

Mr. Ashwin Jayantilal Desai, Managing Director, delivered the vote of thanks with closing remarks. The meeting was declared concluded at 11:27 Hrs, lasting 27 minutes.

Enclosure

The filing includes an enclosure of the complete proceedings as annexed.