Event Details

The 40th Annual General Meeting (AGM) of Candour Techtex Limited will be held on Tuesday, September 29, 2026, at 3:00 p.m. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The deemed venue for the AGM is the registered office of the Company at 108/109 T. V. Industrial Estate, 52, S.K. Ahire Marg, Worli Colony, Mumbai- 400030.

Business to be Transacted

Ordinary Business:

1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.

2. To appoint a director in place of Ms. Sharmila Hiralal Amin (DIN: 06770401), who retires by rotation and, being eligible, offers herself for re-appointment.

Special Business:

Item No. 3: Approval for utilisation of funds earmarked for Fixed Deposits for granting Inter-Corporate Deposits.

A special resolution is proposed to authorize the Board of Directors to temporarily deploy unutilized proceeds from a preferential issue of securities.

Key Details of Special Resolution

  • Purpose: To provide flexibility for prudent treasury management and efficient deployment of unutilized preferential issue proceeds during the interim period before their intended use.
  • Instrument: Funds can be placed in fixed deposits with banks and/or granted as Secured/Unsecured Inter-Corporate Deposits (ICDs) and/or loans to other body corporates.
  • Maximum Amount: An aggregate amount of ₹12,00,00,000/- (Rupees Twelve Crores only) outstanding at any point in time.
  • Source of Funds: Unutilized proceeds from a preferential issue of securities undertaken by the Company, earmarked for objects/purposes disclosed in the relevant offer documents.
  • Key Conditions: The temporary deployment shall not constitute a change in the objects of the preferential issue. The Board must ensure funds are recalled/withdrawn and made available for their intended utilisation when required. The ICDs/loans will be granted on terms and conditions (amount, tenure, interest rate, security) determined by the Board. The ₹12 Crore limit is subject to the limits prescribed under Section 186 of the Companies Act, 2013.
  • Board Recommendation: The Board recommends the resolution, believing it enables efficient surplus fund management and earning returns while maintaining liquidity.

Voting Information

  • Cut-off Date: Wednesday, September 22, 2026.
  • Remote E-Voting Period: Begins on Saturday, September 26, 2026, at 9:00 a.m. and ends on Monday, September 28, 2026, at 5:00 p.m.
  • E-Voting Service Provider: Purva Sharegistry (India) Pvt. Ltd.
  • Scrutinizer: M/s S P K G & Co. LLP, Practicing Chartered Accountants, Mumbai (Membership No.: 178942).
  • Physical Attendance: Dispensed with as per MCA circulars. Proxy facility is not available.
  • Meeting Access: Available to the first 1000 members on a first-come, first-served basis, excluding large shareholders (2%+), promoters, institutional investors, directors, KMPs, committee chairpersons, and auditors.

Other Information

  • The notice and annual report are being sent electronically. Physical copies are available upon request.
  • The documents referred to in the notice are available for electronic inspection by members from the notice date until the AGM date (September 29, 2026).
  • Members are urged to update PAN, KYC, and nomination details with their Depository Participants (for demat holdings) or the RTA (for physical holdings).