Board Meeting Details

  • Meeting Date: August 29, 2026 (Saturday)
  • Commencement Time: 12:05 p.m.
  • Conclusion Time: 01:00 p.m.

Key Matters Approved by the Board

1. 39th Annual General Meeting: Approved the notice of the 39th AGM to be held on Wednesday, September 23, 2026, at 3:00 p.m. IST through Video Conferencing (VC)/Other Audio Visual Means (OAVM).

2. Director's Report: Approved the Director's Report for the financial year ended March 31, 2026, along with annexures.

3. Financial Statements: The audited financial statements for FY ended March 31, 2026, were considered and will be placed before members for adoption at the AGM.

AGM Details

  • Date: September 23, 2026 (Wednesday)
  • Time: 3:00 p.m. IST
  • Mode: Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Cut-off date for determining members entitled to vote: September 18, 2026
  • Register of Members and Share Transfer Books will remain closed from September 17, 2026, to September 23, 2026 (both days inclusive).

Business to be Transacted at AGM

Ordinary Business

1. Adoption of audited financial statements for FY ended March 31, 2026, including balance sheet, statement of profit and loss, cash flow statement, and reports of directors and auditors.

2. Re-appointment of Ms. Chaitali Kalpataru Shah (DIN: 11167778) as director, who retires by rotation.

Special Business

3. Change in designation of Ms. Chaitali Kalpataru Shah from Executive Director to Managing Director with effect from August 25, 2026, for the remaining period of her tenure (up to July 28, 2029).

4. Re-appointment of Mr. Omprakash Pyarelal Sonar (DIN: 11031877) as Non-Executive Independent Director.

5. Re-appointment of Mr. Vivek Mukesh Yadav (DIN: 11033957) as Non-Executive Independent Director.

6. Appointment of M/s Sarang Shivajirao Chavan & Associates, Chartered Accountants (FRN: 159649W), as statutory auditors from the conclusion of the 39th AGM until the conclusion of the 43rd AGM.

7. Increase in authorized share capital from ₹20,00,00,000 (2,00,00,000 equity shares of ₹10 each) to ₹70,00,00,000 (7,00,00,000 equity shares of ₹10 each) and alteration of Clause V of the Memorandum of Association.

8. Re-appointment of Mr. Mahesh Singh (DIN: 11814569) as Non-Executive Independent Director.

9. Re-appointment of Mr. Anil Singh (DIN: 09338444) as Non-Executive Non-Independent Director.

Key Managerial Personnel and Directors (As per Annual Report 2025-26)

Current Directors & KMP

  • CHAITALI KALPATARU SHAH (Executive Director & CFO, appointed July 16, 2025)
  • DIKSHANT SINGH PANWAR (Company Secretary, appointed December 19, 2025)
  • VIVEK MUKESH YADAV (Non-Executive Independent Director)
  • OMPRAKASH PYARELAL SONAR (Non-Executive Independent Director)
  • ANIL SINGH (Non-Executive Director, appointed August 25, 2026)
  • MAHESH SINGH (Non-Executive Independent Director, appointed August 25, 2026)

Resigned Directors & KMP

  • PRAKASH BHOORCHAND SHAH (Director, resigned July 22, 2025)
  • DINESH CHANDER NOTIYAL (Non-Executive Director, resigned July 9, 2026)
  • AVANI SAVJIBHAI GODHANIYA (Non-Executive Director, resigned July 9, 2026)
  • JAYESH RAMCHANDRA PATIL (CFO, resigned July 11, 2025)

Auditors

  • LAXMIKANT KABRA & CO LLP (Resigned auditors, resigned August 12, 2025)
  • Proposed new auditors: M/s Sarang Shivajirao Chavan & Associates, Chartered Accountants (FRN: 159649W)

Registered Office and Contact Details

  • Address: G2 & G3 Samarpan Complex, Next to Mirador Hotel, Chakala, Andheri East, Mumbai – 400099
  • Tel: 22618452/22661541

Bankers

  • Union Bank of India, Mumbai Samachar Marg, Mumbai – 400 023

Share Transfer Agent

  • BIG SHARE SERVICES PVT. LTD., E-2/3, Ansa Industrial Estate, Saki Naka, Andheri (East), Mumbai – 400 072

E-Voting Details

  • Remote e-voting period: September 20, 2026 (9:00 a.m.) to September 22, 2026 (5:00 p.m.)
  • E-voting service provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: Ramesh Chandra Bagdi & Associates, Company Secretaries

Financial Impact

  • The increase in authorized share capital from ₹20 crore to ₹70 crore is to broad-base the capital structure and meet funding requirements.
  • The remuneration for the proposed Managing Director and other directors will be as determined by the Board within statutory limits.
  • Financial impact of director appointments and auditor remuneration not quantified in the disclosure.