The 15th Annual General Meeting will be held on Monday, 28th September, 2026 at 03:00 PM through Video Conferencing/Other Audio-Visual Means
Register of Members & Share Transfer Books will remain closed from 22nd September, 2026 to 28th September, 2026 (both days inclusive) for the AGM
M/s. Mukesh J. & Associates, Company Secretary, Ahmedabad appointed as Scrutinizer for e-voting process
Auditor Reappointment
Reappointed M/s. M A A K & Associates, Chartered Accountants (FRN: 135024W) as Statutory Auditor for 5 consecutive years
Tenure: from conclusion of 15th AGM until conclusion of 20th AGM in 2031
Subject to shareholder approval at ensuing AGM
Director Appointments and Reappointments
Reappointed Mr. Sukumar Reddy Garlapati (DIN: 00966068) as Managing Director for 5 years
Appointed Mr. Vimal Laljibhai Kalaria (DIN: 00029395) as Additional and Non-Executive Independent Director for 5 years effective 04th September, 2026
Both appointments subject to shareholder approval at ensuing AGM
Managerial Remuneration Matters
Approved waiver of recovery of excess remuneration paid to Mr. Sampath Rao Nemmani, Director for FY 2025-26 which exceeded limits under Section 197 read with Schedule V of Companies Act, 2013
Approved increase in overall managerial remuneration of directors
Approved increase in remuneration limit for Mr. Sukumar Reddy Garlapati in excess of 5% of net profits
Approved increase in remuneration limit for Mr. Sampath Rao Nemmani in excess of 1% of net profits
Approved increase in remuneration limit for Mr. Naresh Reddy Vattipally (DIN: 11169531) in excess of 1% of net profits
All remuneration matters subject to shareholder approval at ensuing AGM
Other Approvals
Took note of Secretarial Audit Report for FY 2025-26
Considered and approved Director's Report with annexures for FY ended 31st March, 2026
Approved notice for convening 15th AGM
Director Profiles
Mr. Sukumar Reddy Garlapati: Aged 51 years, Promoter, Chairman and Managing Director with over 20 years' experience in Facility Management, fertilizer business, seed processing, skill developments and infrastructure business
Mr. Vimal Laljibhai Kalaria: Commerce Graduate from Saurashtra University, MBA in finance, Executive Diploma in Finance from Nirma University, Ahmedabad. Not related to any directors and not debarred from holding director office
