Meeting Details

The 41st Annual General Meeting was held on Thursday, September 24, 2026, in physical mode at Hotel Radisson, GT Road, BMC Chowk, Sehdev Market, Jalandhar, Punjab-144001. The meeting commenced at 12:00 P.M. and concluded at 01:30 P.M.

Attendance

Directors Present:

  • Mr. Vimal Parkash Jain, Whole-time Director and Member of the Audit Committee and Stakeholders' Relationship Committee
  • Mr. Bhavik Jain, Whole-time Director
  • Mr. Surinder Kumar Salwan, Non-Executive Independent Director, Chairman of the Stakeholders' Relationship Committee and Member of the Audit Committee and Nomination and Remuneration Committee
  • Mrs. Rajni Sharma, Non-Executive Independent Director and Chairperson of the Nomination and Remuneration Committee
  • Mr. Gaurav Jain, Non-Executive Independent Director
  • Mr. Parminder Singh, Non-Executive Independent Director, Chairman of the Audit Committee and Member of the Nomination and Remuneration Committee

Other Attendees:

  • 38 shareholders including One Proxy were present in person, making total shareholder attendance 39
  • Mrs. Natisha Choudhary, Company Secretary and Compliance Officer (In Attendance)
  • M/s J.C. Arora & Associates, Statutory Auditor (By Invitation)
  • M/s P.S. Rally & Associates, Secretarial Auditors & Scrutinizer for voting (By Invitation)

The total number of shareholders as on the record/cut-off date (16th September, 2026) was 11,797.

Proceedings Overview

The meeting was chaired by Mr. Vimal Parkash Jain, Chairperson-cum-Whole-time Director. The Company Secretary welcomed members and explained the voting facilities. Remote e-voting was available from Monday, 21st September, 2026 at 09:00 A.M. (IST) to Wednesday, 23rd September, 2026 at 05:00 P.M. (IST). Mr. Parminder Pal Singh Rally, Practicing Company Secretary, was appointed as Scrutinizer.

Financial Performance Presentation

Mr. Bhavik Jain presented key financial highlights for FY 2025-26:

  • Revenue from operations: ₹4,729.29 lakh (₹47.29 crore)
  • Profit after Tax: ₹241.54 lakh (₹2.41 crore)
  • The Board recommended a final dividend of ₹0.35 per equity share of ₹10 each for FY 2025-26, subject to member approval

Business Items and Resolutions

The following resolutions were placed before members for consideration:

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 together with reports of Board of Directors and Auditors

2. Declaration of final dividend of ₹0.35 per Equity Share for FY 2025-26

3. Re-appointment of Mrs. Pamila Jain (DIN: 01063136) as Whole-Time Director

4. Re-appointment of Mr. Vimal Parkash Jain (DIN: 01063027) as Whole-Time Director

Special Business:

5. Approval to enter into Material Related Party Transactions with AMCO Industries

6. Approval of Remuneration of Mr. Amit Jain, Managing Director (DIN: 01063087)

7. Approval of Remuneration of Mr. Vimal Parkash Jain, Whole-Time Director (DIN: 01063027)

8. Approval of Remuneration of Mrs. Pamila Jain, Whole-Time Director (DIN: 01063136)

9. Approval of Remuneration of Mr. Bhavik Jain, Whole-Time Director (DIN: 10241292)

10. Increase in Borrowing Powers of the Board of Directors pursuant to Section 180(1)(C) of Companies Act, 2013

11. Approval to create Charges, Mortgages and Hypothecations as per Section 180(1)(A) of Companies Act, 2013

Voting Process

Members who had not voted through remote e-voting were provided opportunity to cast votes by ballot at the conclusion of each agenda item. They were given 15 minutes to complete their ballot papers.

Compliance and Conclusion

The meeting was conducted in compliance with the Companies Act, 2013 and SEBI Listing Regulations. The Company Secretary confirmed that consolidated voting results together with the Scrutinizer's Report would be submitted to BSE Limited and National Stock Exchange of India Limited and made available on the Company's website within prescribed timelines. The final dividend for FY 2025-26 would be paid to eligible members subject to approval.

Note

The document explicitly states: "This document does not constitute the minutes of the proceedings of the 41st Annual General Meeting of the Company."