Document Metadata

Meeting Details

The 34th Annual General Meeting was convened on Friday, September 18, 2026 at 3:00 PM and concluded at 3:41 PM. The meeting was conducted through Video Conference (VC) / Other Audio Visual Means (OAVM) in compliance with MCA and SEBI circulars.

Attendance and Conduct

Mrs. Poonam Bansal, Company Secretary, opened the meeting and confirmed quorum was present. Mr. Shilpan Patel, Chairman and Managing Director, chaired the meeting and introduced directors, senior management members, and auditors attending from their respective locations.

The Chairman briefed members about the company's performance and key initiatives during FY 2025-26. The Notice of the 34th AGM together with Financial Statements and Directors' Report for FY 2025-26 were taken as read. The Chairman informed that there were no qualifications reported by Statutory Auditors and Secretarial Auditors in their respective reports.

Voting Process

E-voting facility was provided to members from September 15, 2026 (9:00 AM) to September 17, 2026 (5:00 PM). Shri Rajendra Vaze, Practicing Company Secretary, was appointed as Scrutinizer for the e-voting process. Members present through VC/OAVM were given opportunity to ask questions, which were addressed by the Chief Financial Officer and Managing Director.

Business Items Approved

Ordinary Business

  • Adoption of audited financial statements including consolidated financial statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors
  • Declaration of Dividend on Equity Shares for year ended March 31, 2026
  • Re-appointment of Mrs. Jigisha Patel as Director (retiring by rotation)
  • Appointment of KNAV & Co. LLP as Statutory Auditors of the Company

Special Business

  • Ratification of remuneration payable to Cost Auditor for financial year 2026-27
  • Revision in remuneration of Mr. Shilpan Patel, Chairman & Managing Director
  • Revision in remuneration of Mr. Neil Patel, Jt. Managing Director
  • Approval of Material Related Party Transaction

Voting and Results

Members who had not voted electronically were given 15 minutes during the meeting to cast votes through NSDL's e-voting system. The e-voting results along with Scrutinizer's Report were to be informed to stock exchanges and made available on company and NSDL websites within 2 working days of meeting conclusion.

Financial Impact

Financial impact not quantified in the disclosure for dividend amount, remuneration revisions, or related party transactions.