Meeting Details

  • Meeting Type: 7th Annual General Meeting (AGM)
  • Date: Tuesday, September 22, 2026
  • Time: 12:30 p.m. (IST)
  • Mode: Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Deemed Venue: Registered Office at 4th Floor, A Wing, Allcargo House, CST Road, Kalina, Santacruz (East), Vidyanagari, Mumbai - 400 098
  • Cut-off Date for E-voting: Tuesday, September 15, 2026

Summary of Proposed Resolutions

Ordinary Businesses

1. Adoption of Financial Statements: To receive, consider, and adopt:

  • Audited Standalone Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors
  • Audited Consolidated Financial Statements for FY ended March 31, 2026, with Report of Auditors

2. Director Re-appointment: To appoint Mr. Kaiwan Dossabhoy Kalyaniwalla (DIN: 00060776) as Director who retires by rotation and offers himself for re-appointment

Special Businesses

3. Director Appointment: To appoint Mr. Pranav Choudhary (DIN: 08123475) as Director of the Company (Ordinary Resolution)

4. Managing Director Appointment and Remuneration: To appoint and fix remuneration of Mr. Pranav Choudhary as Managing Director (Key Managerial Personnel) (Special Resolution)

  • Term: September 1, 2026 to August 31, 2029 (3 years)
  • Remuneration Package:
  • Basic Salary: ₹31,25,000 per month, escalable to ₹45,00,000 per month
  • Variable Pay: Up to ₹1,00,00,000 per annum based on performance ratings
  • One-time Joining Bonus: ₹75,00,000 payable in two tranches
  • ESARs/ESOPs: Grant valued at ₹2,50,00,000 on date of grant
  • Other Benefits: Provident Fund, Gratuity, Leave Encashment, etc.
  • Notice Period: 3 months or 3 months' remuneration in lieu

Voting Process and Methods

  • E-voting Provider: National Securities Depository Limited (NSDL)
  • Remote E-voting Period: Thursday, September 17, 2026 (09:00 a.m. IST) to Monday, September 21, 2026 (05:00 p.m. IST)
  • AGM E-voting: Available for members present through VC/OAVM who haven't voted remotely
  • Voting Rights: Proportional to paid-up equity share capital as on cut-off date (September 15, 2026)
  • Proxy Facility: Not available due to virtual meeting format
  • Institutional Members: Required to submit authorization documents to scrutinizer

Scrutinizer Appointment

  • Scrutinizer: M/s Pramod S. Shah & Associates, Practicing Company Secretaries (Firm Registration No: MU000006598)
  • Role: To scrutinize the voting process in fair and transparent manner
  • Report Timeline: To submit consolidated report within 2 working days after AGM
  • Result Declaration: Results with scrutinizer's report to be displayed on company website and NSDL website within 2 working days of declaration

Compliance with Laws and Regulations

The AGM is convened in compliance with:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA General Circular No. 03/2025 dated September 22, 2025
  • Secretarial Standard - 2 on General Meetings
  • All applicable circulars from MCA and SEBI regarding virtual meetings

Additional Information

  • Financial Performance:
  • Standalone FY2026: Sales ₹564.20 Cr, PAT ₹39.70 Cr, EPS ₹1.44 (Basic)
  • Consolidated FY2026: Sales ₹820.80 Cr, PAT ₹44.21 Cr, EPS ₹1.61 (Basic)
  • Shareholder Services: Members urged to update contact details, dematerialize shares, and register nominations
  • Unclaimed Dividend: Final dividend for FY2022-23 declared September 26, 2023, due for claiming by October 26, 2030
  • RTA: MUFG Intime India Private Limited
  • Helpdesk: Technical support provided by NSDL (022-4886 7000) and CDSL (1800-21-09911)