Event Disclosure

Meeting Details

The 5th Annual General Meeting was held on Tuesday, August 25, 2026 at 02:00 PM (IST) at the company's registered office: Plot No. A/2/12, Road No. 1, Udhana Udyog Nagar Sangh, Udhna, Surat 394210. The meeting commenced at 02:00 PM and concluded at 02:30 PM.

Attendance and Quorum

  • 17 shareholders were physically present at the meeting
  • Requisite quorum was present throughout the meeting
  • Notice of the AGM was sent electronically to members, with physical letters sent to members without registered email addresses

Key Personnel Present

Directors:

  • Mr. Bharat Brijlal Bhatia - Managing Director and Chairman
  • Mr. Rameshchand Chanduram Bhatia - Whole Time Director
  • Mr. Ravi Ashokumar Bhatia - Whole Time Director
  • Ms. Dhruvi Shyam Kapadia - Independent Director
  • Mr. Ravi Jitendra Modi - Independent Director
  • Ms. Anu Ashish Amodia - Independent Director

Key Management Personnel:

  • Mr. Sunny Vyaswala - Chief Financial Officer
  • Mrs. Renu Garg - Company Secretary & Compliance Officer

Auditors:

  • Mr. Parimal Bhagat representing DSI & Co. - Statutory Auditors

Scrutinizer Appointment

Mr. Ranjit Kejriwal (Membership No. F6116), Practicing Company Secretary, was appointed as Scrutinizer to scrutinize votes cast through remote e-voting platform and polling paper at the AGM.

Voting Process

E-voting platform was open from Saturday, August 22, 2026 (9:00 a.m.) to Monday, August 24, 2026 (5:00 p.m.). Shareholders who had not voted through e-voting were able to vote during the AGM through polling paper.

Business Transacted

Ordinary Business:

1. Considered and adopted the Audited Financial Statements of the company for the financial year ended March 31, 2026 together with the report of the Board of Directors and Auditors thereon

2. Appointment of Mr. Rameshchand Chanduram Bhatia (DIN: 09431185) as Whole Time Director of the company, liable to retire by rotation under Section 152(6) of the Companies Act, 2013

Special Business:

1. Ratification of remuneration of Cost Auditor for the financial year 2026-27

2. Reappointment of Mr. Bharat Brijlal Bhatia (DIN: 09095082) as Managing Director of the Company

3. Reappointment of Mr. Rameshchand Chanduram Bhatia (DIN: 09431185) as Whole Time Director of the Company

4. Reappointment of Mr. Ravi Ashokkumar Bhatia (DIN: 09431186) as Whole Time Director of the Company and increase in remuneration

5. Approval of Material Related Party Transaction(s) with Mr. Bharat Brijlal Bhatia

6. Approval of Material Related Party Transaction(s) with Mr. Rameshchand Chanduram Bhatia

7. Approval of Material Related Party Transaction(s) with Mr. Ravi Ashokkumar Bhatia

8. Approval of Material Related Party Transaction(s) with M/s Vapchem, Partnership firm

Additional Information

  • The meeting included a question & answer session where shareholder queries were addressed satisfactorily
  • Voting results will be declared by the chairman upon receipt of Scrutinizer's report and will be uploaded on the company website and intimated to BSE
  • Financial impact of the resolutions is not quantified in the disclosure