Meeting Details

  • Date: Wednesday, 30th September, 2026
  • Time: Concluded at 2:20 PM
  • Location/Venue: Conducted through Video Conference (VC)/Other Audio Visual Means (OAVM) with the Registered Office at 33/2, Pigdamber A.B. Road - 453 446 Distt. Indore - (M.P.) India deemed as the venue
  • Type of Meeting: 38th Annual General Meeting

Resolutions and Implications

Ordinary Business

1. Receipt, consideration and adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 along with Reports of Board of Directors and Auditors

2. Receipt, consideration and adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 along with Reports of Board of Directors and Auditors

3. Appointment of director in place of Mr. Mahendra Singh Chawla (DIN: 00362058), who retires by rotation and offered himself for reappointment

Special Business

1. Ordinary Resolution: Ratification of remuneration of Cost Auditors M/s Sudeep Saxena and Associates, Cost Accountants, Indore (Firm Reg No. 100980) for FY 2026-27 at ₹70,000 per year plus reimbursement of out-of-pocket expenses

2. Ordinary Resolution: Appointment of Mrs. Radhika Biyani (DIN: 11918173) as Independent Director for 5 years from September 30, 2026 to September 30, 2031

3. Special Resolution: Approval for grant of loans, guarantees, security and investments under Section 186 of Companies Act, 2013 up to an aggregate of ₹160 crores outstanding at any point

4. Special Resolution: Re-appointment of Mr. Paresh Chawla (DIN: 00520411) as Managing Director for 5 years from May 28, 2026 to May 28, 2031

Voting Process

  • Remote E-voting facility provided to members
  • E-voting period: September 27, 2026 at 09:00 AM to September 29, 2026 at 05:00 PM
  • Mr. Shilpesh Dalal, Practicing Company Secretary, appointed as scrutinizer for remote e-voting

Voting Outcomes

Note: Specific voting results, total votes cast, percentage in favor/against, and participation breakdown by shareholder category were not provided in the document.

Scrutinizer's Role

Mr. Shilpesh Dalal was appointed as scrutinizer for the remote e-voting process. Specific findings and conclusions were not detailed in the document.

Compliance Confirmation

The meeting was conducted in accordance with relevant circulars issued by the Ministry of Corporate Affairs, Government of India and SEBI. Requisite quorum was present throughout the meeting.