Date: 30.09.2026

Board Meeting Outcomes

The wholly-owned subsidiary M/s Bazaloni Group Limited held its Annual General Meeting on Wednesday, 30th September 2026 at 02:00 pm at its Administrative Office at \"Haute Street\", 9th Floor, 86A Topsia Road, Kolkata-700046. The meeting concluded at 02:30 pm. The following resolutions were approved with requisite majority:

Ordinary Business - Ordinary Resolutions:

  • 1. Adoption of Audited Financial Statements for the financial year ended 31st March, 2026, including Profit & Loss and Cash Flow Statements together with the Report of Board of Directors and Auditors report
  • 2. Reappointment of Mr. Mukesh Kumar Agarwal (DIN: 00697746) who retires by rotation and offered himself for re-appointment

Special Business - Special Resolutions:

  • 3. Appointment of Mr. Kishan Kumar Kejriwal (DIN: 00362377) as a Non-Executive Director of the Company
  • 4. Approval for increasing the limit to give loans, provide guarantees or securities and Investments under section 186 of Companies Act, 2013
  • 5. Approval for increasing the Borrowing limit under Section 180(1)(C) of the Companies Act, 2013
  • 6. Approval for increasing the limit for Sale, Creation, Mortgage or Charge on the assets properties or undertaking(s) of the Company under Section 180(1)(a) of the Companies Act, 2013
  • 7. Approval for making Donation exceeding the prescribed limit under section 181 of Companies Act, 2013
  • 8. Change in Designation of Mr. Pradeep Kumar Agarwal (DIN: 00703745) from Executive Director to Whole-time Director of the Company
  • 9. Approval of Remuneration payable to Mr. Pradeep Kumar Agarwal (DIN: 00703745), Whole-time Director of the company in excess of threshold limit

KMP / Board Changes

  • Mr. Mukesh Kumar Agarwal (DIN: 00697746) - Reappointed as director after retirement by rotation
  • Mr. Kishan Kumar Kejriwal (DIN: 00362377) - Appointed as Non-Executive Director
  • Mr. Pradeep Kumar Agarwal (DIN: 00703745) - Designation changed from Executive Director to Whole-time Director, with remuneration approval in excess of threshold limit

Other Operational / Legal / Strategic Disclosures

The disclosure is made pursuant to Regulation 30 read with Regulation 30(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in the interest of transparency and good corporate governance.