Meeting Details
- Date: Tuesday, September 15, 2026
- Time: Commenced at 9:30 A.M. and concluded at 12:30 P.M.
- Location: Registered Office of the Company at Bhandari House, Village Meharban, Rahon Road, Ludhiana-141007, Punjab
- Type of Meeting: Annual General Meeting
Directors Present
- Mr. Nitin Bhandari, Chairman and Managing Director
- Mr. Vikas Nayar, Non Executive Director and Chairman of Stakeholders Relationship Committee
- Mr. Rajesh Kumar, Non Executive Director
- Ms. Komal Kathuria, Independent Director and Chairperson of Audit Committee and Nomination & Remuneration Committee
- Ms. Alka Gambhir, Independent Director
- Ms. Sharon Arora, Independent Director
- Mr. Rohit Kumar Chhabra, Independent Director
In Attendance
- Ms. Shilpa Tiwari, Company Secretary & Compliance Officer
- Mr. Deepak Sharma, Chief Financial Officer
- Mr. Rajeev Bhambri, Secretarial Auditor & Scrutinizer of Meeting
- M/s VV Bhalla & Co., Internal Auditors
- M/s Raj Gupta & Co., Statutory Auditors
- Mr. Parveen Malhotra, Chartered Accountant
Shareholder Attendance
- Number of Shareholders present in the meeting: 34
- Promoters Group: 5
- Public Shareholders: 29
Proposed Resolutions and Implications
Ordinary Business
1. Adoption of Audited Balance Sheet as at 31st March, 2026, Statement of Profit and Loss for the year ended on that date together with the Reports of the Auditors and Directors thereon. (Ordinary Resolution)
2. Declaration of Dividend on equity shares, for the year 2025-26. (Ordinary Resolution)
3. Reappointment of Mr. Vikas Nayar (DIN- 00071047), as Director who retires by rotation. (Ordinary Resolution)
Special Business
4. To re-appoint Mr. Nitin Bhandari, as the Chairman & Managing Director of the Company for 5 years w.e.f. 22.11.2026. (Special Resolution)
5. To consider and approve to increase the remuneration of Mr. Nitin Bhandari, Chairman & Managing Director of the Company. (Special Resolution)
Voting Process and Methods
- The company provided remote e-voting facility through CDSL.
- Remote e-voting period: Commenced at 09:00 a.m. on 12th September 2026 and ended at 5:00 p.m. on 14th September 2026.
- Facility for voting through poll was made available to members present at the meeting who had not cast their votes by remote e-voting.
- M/s Rajeev Bhambri and Associates, Ludhiana was appointed as the scrutinizer for scrutinizing both the e-voting process and polling process.
- The voting was conducted pursuant to Section 108 of the Companies Act, 2013 read along with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015.
Key Voting Outcomes
- The results of voting were to be announced within two working days of the conclusion of the meeting.
- The results were to be informed to The National Stock Exchange and Bombay Stock Exchange and uploaded on the Company website.
- The document does not contain specific vote counts or percentages as the results were to be announced post-meeting.
Scrutinizer's Role
- Mr. Rajeev Bhambri was appointed as the scrutinizer for the meeting.
- His role was to scrutinize both the e-voting process and the polling process.
- The document does not contain the scrutinizer's specific findings or conclusions as these were to be finalized after the meeting.
Compliance Confirmation
The proceedings were conducted in compliance with:
- Section 108 of the Companies Act, 2013
- Regulation 44 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015