Meeting Details

The 24th Annual General Meeting was held on Thursday, 3rd September 2026 at 9:00 A.M. through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting concluded at 9:15 A.M., lasting 15 minutes.

Attendance

319 members were present at the AGM, constituting requisite quorum. The meeting was chaired by Dr. Usha Singh, Non-Executive Independent Director.

Directors and KMP Present:

  • Dr. Usha Singh, Non-Executive Independent Director (Chairperson)
  • Mr. Bhushan Singh Rana, Wholetime Director
  • Mr. Manav Mahajan, Non-Executive Independent Director
  • Mr. Lalit Mahajan, Non-Executive Independent Director
  • Mr. Jitendra Pratap Singh, Wholetime Director
  • Dr. Durga Shankar Maity, Wholetime Director
  • Mr. Prashant Rathi, Chief Executive Officer & Chief Financial Officer
  • Ms. Krutika Rane, Company Secretary

Other Attendees:

  • Mr. P.D. Sharma
  • Mr. G.S. Sarin, Secretarial Auditor (Partner at M/s. Sharma Sarin and Associates)
  • Ms. Malavika Lokeshwar, Statutory Auditor

Business Transacted

The following seven ordinary resolutions were placed and transacted at the AGM:

1. Adoption of Annual Audited Standalone and Consolidated financial statements including Balance Sheet as of 31.03.2026 and Profit and Loss Account ended on that date together with auditor's and Directors' reports thereon.

2. Appointment of Director in place of those retiring by rotation - Mr. Jitendra Pratap Singh (DIN: 09796568) who retired by rotation and offered himself to be re-appointed as director.

3. Ratification of the Remuneration of Cost Auditors.

4. Ratification of Related Party Transactions.

5. Approval of Related Party Transactions.

6. Approval for payment of remuneration to Mr. Atul Ranchal, President – Strategy, under Section 188(1)(f) of the Companies Act, 2013.

7. Approval for payment of remuneration to Mr. Rajesh Mahajan, President – Trading, under Section 188(1)(f) of the Companies Act, 2013.

Voting Process

The company provided remote e-voting facility and e-voting facility during the AGM pursuant to Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. G.S. Sarin was appointed as scrutinizer to scrutinize the e-voting process. The e-voting facility remained available for 15 minutes after the closure of the meeting. Detailed voting results and scrutinizer's report will be submitted separately to the stock exchanges within two working days of the meeting conclusion and will be uploaded on the company website and www.evotingindia.com.

Shareholder Engagement

Speaker shareholders were provided opportunity to speak, during which they expressed views, raised questions, and sought clarifications on the financial performance of the company and other matters pertaining to business and affairs of the company.