Meeting Details
- Date: Tuesday, September 8, 2026
- Time: Commenced at 11:00 AM IST and concluded at 1:30 PM IST
- Venue: Palm Green Hotel and Resort, Main GT Karnal Road, Bakoli, New Delhi-110036
- Type of Meeting: 38th Annual General Meeting
Attendees
- Chairman: Mr. Vijay Bansal, Chairman and Managing Director
- Directors: All directors of the company were present
- Committee Chairperson: Mrs. Arpana Jain, Chairperson of the Audit Committee and Stakeholder's Relationship Committee
- Company Secretary: Ms. Poonam Chahal, Company Secretary & Compliance Officer
Proposed Resolutions
The following resolutions were proposed for shareholder approval:
Ordinary Businesses
1. Receipt, consideration, and adoption of the Audited Financial Statements for the financial year ended March 31, 2026, together with reports of the Board of Directors and Auditors.
2. Confirmation of payment of interim dividend of ₹0.75 per share (37.50% on equity shares of face value ₹2 each) for FY ended March 31, 2026, and declaration of Final Dividend of ₹0.75 per share (37.50%) for the same period.
3. Appointment of Mr. Basant Goyal (DIN: 07659491) as director who retires by rotation and offers himself for re-appointment.
Special Businesses
4. Re-appointment of Mr. Vijay Bansal (DIN: 01110877) as Chairman and Managing Director effective April 1, 2027.
5. Re-appointment of Mr. Deepak Bansal (DIN: 01111104) as Whole Time Director effective April 1, 2027.
Voting Process
- The company provided facility for remote e-voting on all resolutions as required by the Companies Act, 2013, and SEBI Listing Regulations.
- Shareholders present at the AGM who had not voted electronically were provided opportunity to cast votes via ballot paper.
- There was no voting by show of hands.
- M/s. DPV & Associates LLP, Company Secretaries, were appointed as scrutinizers to scrutinize both e-voting and ballot voting processes.
Financial Statements and Reports
The Auditor's Report, Financial Statements, and Secretarial Audit Report for FY ended March 31, 2026, were confirmed to contain no qualifications, reservations, adverse remarks, or disclaimers.
Dividend Information
- The dividend declared at the meeting will be paid to members on or before October 7, 2026.
- This includes both the confirmed interim dividend and newly declared final dividend of ₹0.75 per share each.
Compliance and Reporting
- The results of voting (remote e-voting and AGM voting) along with the Consolidated Scrutinizer's Report will be submitted to stock exchanges within 2 working days of the AGM conclusion.
- The results will also be uploaded on the websites of the Company, NSE, and BSE.
- The meeting was conducted in compliance with the Companies Act, 2013, and SEBI Listing Regulations.