Meeting Details

  • Date: Saturday, 26th September, 2026
  • Time: Commenced at 1:00 P.M. (IST) and concluded at 1:50 P.M. (IST)
  • Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Type: 21st Annual General Meeting

Business Transacted

The meeting transacted all seven business items mentioned in the notice dated 12th August, 2026:

Ordinary Business

1. To receive, consider and adopt the audited standalone & consolidated balance sheet of the company for the financial year ended 31st March, 2026 and profit & loss account for the year ended on that date together with the reports of the directors and auditors thereon.

2. To appoint a director in place of Mr. Rajeev Goel (DIN: 01507297), who retires by rotation and, being eligible, offers himself for re-appointment.

Special Business

3. Approval of material related party transactions

4. To approve the limit of remuneration payable to Mr. Rajeev Goel (DIN 01507297) over and above other non-executive directors

5. Appointment of M/s APK & Associates as the secretarial auditor of the company for a term of five consecutive years from the financial year 2026-27 to the financial year 2030-31

6. To consider and approve the appointment of Mr. Kalapi Vinit Nagada (DIN: 02876927) as a non-executive non-independent director of the company / regularization of Mr. Kalapi Vinit Nagada (DIN: 02876927) as director (non-executive)

7. To consider and approve the appointment of Mr. Dayashankar Patel (DIN: 05171043) as a non-executive independent director of the company

Voting Process

The company engaged NSDL to provide remote e-voting facility which commenced on Wednesday, September 23, 2026 at 9:00 A.M. and ended on Friday, September 25, 2026 at 5:00 P.M. E-voting facility was also available during the AGM for eligible members who had not voted remotely.

  • Scrutinizer: Mr. Ajay Kumar Prajapati, proprietor of M/s. APK & Associates, Practicing Company Secretary, was appointed to scrutinize the voting process
  • Cut-off date: Saturday, September 19, 2026
  • Voting rights: Based on number of shares held as of the cut-off date

Audit Report Observations

The Chairperson informed members that audit reports contained certain qualifications, observations and/or other remarks:

Secretarial Audit Report (M/s. Kundan Kumar Mishra & Associates)

  • Contained observations regarding compliance with applicable Secretarial Standards and other regulatory requirements
  • Specifically noted delay in circulation of minutes
  • Mentioned levy of a penalty of ₹2,000 plus applicable GST by NSE
  • Management has taken note and is taking appropriate steps for compliance

Internal Audit Report (M/s. Sharma Sharma & Co.)

  • Contained observations relating to internal controls, documentation, vendor advances, statutory and regulatory compliances and accounting processes
  • Recommended strengthening company's policies, approval mechanisms and monitoring systems
  • Did not contain any qualification or disclaimer of opinion
  • Management has undertaken appropriate corrective measures

Attendance and Participation

  • Total members attended: 38 members
  • Key attendees: All directors including respective Chairpersons of Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee
  • Auditors present: CS Ajay Kumar Prajapati (Secretarial Auditor), CA Varun Taneja (Statutory Auditor representative), CA Suvir Sharma (Internal Auditor representative via VC)
  • Chairperson: Mrs. Mahima Goel, Managing Director

Compliance Confirmation

The meeting was declared to have been called, convened, held and conducted as per:

  • Provisions of the Companies Act, 2013 and rules thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standard (SS-2) issued by ICSI
  • MCA Circulars including General Circular No. 03/2025 dated September 22, 2025 and General Circular No. 20/2020 dated May 05, 2020
  • SEBI Circulars including SEBI Master Circular dated January 30, 2026

Voting Results and Scrutinizer's Report

The consolidated results of e-voting along with Scrutinizer's Report were to be declared within stipulated time from conclusion of AGM and made available on:

  • Company website
  • NSDL website
  • National Stock Exchange of India Limited (NSE) website