1. Appointment of Internal Auditor

The Board appointed M/s Yash A. Jain & Associates, Chartered Accountants (Firm Registration No. 155952W), as the Internal Auditor of the Company. The appointment was made via a resolution passed in the Board meeting on 04th September 2026. The firm possesses relevant knowledge and experience in accounting, taxation, bookkeeping, payroll, internal controls, and compliance matters. There is no disclosed relationship between the auditor and the company's directors.

2. Appointment of Statutory Auditors

The Board appointed M/s Panchal S K & Associates (Peer Review Certificate No. 018089 and Firm Registration No. 145989W) as the Statutory Auditors of the Company. The appointment was made on 04th September 2026, subject to shareholders' approval. The firm, established in 2017 and led by founder partner Swati Panchal (ICAI member since 2012), comprises professionals focused on technology-driven practices serving SMEs and larger corporates. There is no disclosed relationship between the auditor and the company's directors.

3. Re-appointment of Managing Director

The Board considered Mr. Ashish Narayan Sakalkar (DIN: 06601011), the Managing Director, as a director retiring by rotation and recommended his re-appointment to the members for approval in the Annual General Meeting. His re-appointment is in terms of Section 152(6) of the Companies Act, 2013. Mr. Sakalkar, aged 50 years, holds a Master of Science from NMU, Jalgaon, a PhD from JJT University, and a Diploma in Regulatory Affairs from the University of Delhi. He has experience in Industrial Chemistry, Quality Assurance, and Regulation, and handles overall business operations, expansion, customer acquisition, and supplier negotiations. He is not related to any existing directors and is not debarred from holding office.

4. Increase in Director Remuneration (Subject to Shareholder Approval)

The Board approved proposed increases in remuneration for the following directors, subject to members' approval and applicable law:

  • Mr. Ashish Narayan Sakalkar (DIN: 06601011), Managing Director
  • Mrs. Saili Jayaram More (DIN: 02691527), Whole-time Director and CEO
  • Mr. Sachin Chandrakant Badakh (DIN: 08685214), Non-Executive Director

5. Annual Report and AGM Matters

The Board approved the Board's Report along with all annexures, including the Management Discussion and Analysis Report, forming part of the 7th Annual Report for the financial year ended 31 March 2026.

It appointed M/s Pragya & Associates, Practising Company Secretaries, acting through Ms. Pragya Jain (Membership No. 65240; Certificate of Practice No. 24481), as Scrutinizer for the 7th Annual General Meeting.

It approved the Notice of the 7th Annual General Meeting.

It set 22nd September 2026 as the cut-off date for determining eligible shareholders for the e-voting process.

It approved convening the 7th Annual General Meeting on 29th September 2026 at 12:30 PM through Video Conferencing (VC) and Other Audio Visual Means (OAVM).

Financial Impact

Financial impact of the director remuneration increases is not quantified in the disclosure.