Key Dates and Event Details

  • AGM Date: Wednesday, September 30, 2026
  • AGM Time: 12:30 P.M.
  • Meeting Mode: Video Conferencing (VC)/Other Audiovisual Means (OAVM) as per MCA Circular No. 09/2024 and SEBI Circular SEBI/HO/CFD/CFDPoD-2/P/CIR/2024/133
  • Cut-off Date: September 23, 2026 for determining eligibility to vote
  • Remote e-Voting Period: September 27, 2026 (09:00 A.M.) to September 29, 2026 (5:00 P.M.) through NSDL

Business to be Transacted

Ordinary Business:

1. To receive, consider and adopt:

  • Audited Standalone Financial Statements for FY ended March 31, 2026 with Board of Directors and Auditors Reports
  • Audited Consolidated Financial Statements for FY ended March 31, 2026 with Auditors Report

2. To re-appoint Mr. Sushil Kumar Malik (DIN: 00085715) as Director who retires by rotation under Section 152(6) of Companies Act, 2013

Special Business:

3. Ordinary Resolution: Ratification of remuneration payable to Cost Auditors

  • Cost Auditor: M/s Neeraj Sharma and Co., Cost Accountants (Firm Registration Number 100466)
  • Remuneration: ₹60,000/- plus applicable taxes and out-of-pocket expenses for FY 2026-27
  • Approval: Already approved by Board on recommendation of Audit Committee

4. Special Resolution: Fixing remuneration of Sushil Kumar Malik, Managing Director for remaining term of two years (July 31, 2026 to July 30, 2028)

  • Basic Salary: ₹90,00,000 per annum
  • House Rent Allowance: ₹45,00,000 per annum
  • Special Management Allowance: ₹45,00,000 per annum
  • Other Benefits: As per Company Policy
  • Exclusions: Provident Fund contributions, super annuation fund, encashment of unavailed leave
  • Authorization: Board/Nomination & Remuneration Committee authorized to alter terms within specified limits

Voting Arrangements and Procedures

The company provides facility for electronic voting through NSDL:

  • Voting rights proportional to shareholding as on cut-off date (September 23, 2026)
  • Detailed login instructions provided for shareholders in demat mode (NSDL and CDSL) and physical mode
  • Helpdesk contacts provided for technical support: NSDL (022-48867000, evoting@nsdl.com), CDSL (1800-21-09911, helpdesk.evoting@cdslindia.com)
  • Members can join AGM through VC/OAVM 15 minutes before scheduled time
  • Facility available for 1000 members on first-come-first-served basis, excluding large shareholders (2%+), promoters, institutional investors, directors, KMPs, committee chairpersons, auditors

Explanatory Statements

  • Item 3: Cost audit requirement under Section 148 of Companies Act, 2013 and Companies (Cost Records and Audit) Rules, 2014
  • Item 4: Remuneration approval required under Sections 196, 197, 198 of Companies Act, 2013 and Schedule V, as it exceeds prescribed limits

Interested Parties Disclosure

  • Item 3: None of the Directors, KMPs or their relatives are concerned or interested
  • Item 4: Except Mr. Sushil Kumar Malik and his relatives (to extent of shareholding), none of the Directors, KMPs or their relatives are concerned or interested