Meeting Details

  • Event: 47th Annual General Meeting
  • Date: 16th July 2026
  • Time: Commenced at 11:00 AM, concluded at 11:46 AM (46 minutes duration)
  • Mode: Conducted through Video-conference/Other Audio-Visual Means (VC/OAVM)
  • Chairman: Mr. Mannalal Agrawal, Chairman of the Company

Attendance

  • Directors Present: All Directors, including Chairmen of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee
  • Other Attendees: Representatives of Statutory Auditors and Secretarial Auditors
  • Shareholder Participation:
  • Promoter and Promoter Group: 4 shareholders
  • Public: 58 shareholders
  • Total: 62 shareholders present through VC/OAVM

Proceedings Summary

The Company Secretary, Mr. Gaurang Shah, confirmed the meeting was conducted in compliance with circulars from the Ministry of Corporate Affairs and SEBI.

After confirming quorum was present, the Chairman called the meeting to order. The Managing Director welcomed members and noted that the Notice dated 5th May 2026 and annual report for the year ended 31st March 2026 had been circulated electronically and were taken as read.

Key Disclosures

  • Audit Reports: Both Statutory Auditors and Secretarial Auditors reports for FY 2025-2026 contained no qualifications or adverse remarks.
  • Management Commentary: The Managing Director provided a brief speech on the company's performance and important developments/achievements during FY 2025-2026.

Agenda Items and Resolutions

The following business items from the AGM notice were considered:

| Item | Particulars | Resolution Type |

| 1 | Adoption of Consolidated and Standalone Financial Statements for year ended 31st March 2026 | Ordinary Resolution |

| 2 | Confirmation of interim dividend as final dividend | Ordinary Resolution |

| 3 | Re-appointment of Mr. Mannalal B. Agrawal (retiring by rotation) | Special Resolution |

| 4 | Ratification of remuneration of Cost Auditors | Ordinary Resolution |

Shareholder Engagement

Several shareholders raised queries and views during the meeting, which were responded to by the Managing Director.

Voting Process

  • Remote e-voting facility was provided through NSDL for all resolutions
  • Electronic voting system was also available during the meeting for shareholders who hadn't voted remotely
  • Scrutinizer Appointment: Mr. Pramod S. Shah & Associates, Practicing Company Secretary, was appointed as Scrutinizer
  • Results Disclosure: Voting results and Scrutinizer's Report will be disclosed to stock exchanges and displayed on the company website within two working days