Meeting Details
The 34th Annual General Meeting was held on Saturday, September 19, 2026, through Video Conferencing or Other Audio Visual Means. The meeting commenced at 12:00 p.m. IST and concluded at 12:48 p.m. IST, lasting 48 minutes total duration including time allowed for e-voting at AGM.
Attendance
48 members attended the meeting through VC, constituting requisite quorum. Directors present through VC included: Mr. Mahendra R. Shah (Chairman & Whole-Time Director), Mr. Jatin M. Shah, Mrs. Pushpa M. Shah, Mr. Mukesh S. Chowdhary, Mr. Tarachand R. Jain, and Mrs. Ruchita Rahulkumar Nahata.
In attendance through VC were: Natanya Kasaudhan (Company Secretary), Shubham P. Jain (CFO), Manoj Marathe (Senior Vice President), and Bhanwar Lal Kumath (Senior Vice President). Independent Directors, Statutory Auditors or their representative, other Executive directors and Senior Officers were also present.
Voting Process
Remote e-voting commenced at 9:00 a.m. IST on September 16, 2026 and concluded at 5:00 p.m. IST on September 18, 2026. Facility to vote through electronic voting system at the meeting was made available to members who participated and had not cast votes through remote e-Voting. Members were given 15 minutes after closure of the meeting (until 12:33 p.m.) for e-voting.
Kamlesh M. Shah & Co., a Practicing Company Secretary, was appointed as scrutinizer to scrutinize voting through electronic means.
Resolutions Considered and Outcome
All three resolutions were passed with requisite votes:
Ordinary Businesses:
1. Adoption of Standalone Audited Financial Statements for financial year ended March 31, 2026 and Report of Board of Directors and Auditors thereon
2. Adoption of Consolidated Audited Financial Statements for financial year ended March 31, 2026 and Report of Auditors thereon
3. Re-appointment of Mr. Jatin M. Shah (DIN: 00182683) as Director who retires by rotation
Special Business:
4. Ratification of remuneration payable to cost auditor
Key Disclosures
The Chairman informed that the Notice of AGM and Annual Report for FY 2025-26 containing Board's Report, Auditor's Report, Financial Statements and other reports were already circulated to Members through electronic mode. The Statutory Auditors' Report and Secretarial Auditor's Report did not contain any qualification or observation.
The Chairman & Whole-Time Director and Managing Director highlighted the overall performance and future roadmaps of the company. The CFO gave financial overview of company's financials.
Results Declaration
The result of various resolutions considered will be declared by the chairman or Company Secretary upon receipt of consolidated scrutinizer's report. Results will be uploaded on company website and intimated to Stock Exchanges separately.