Meeting Details

The Forty First Annual General Meeting will be held at 10:30 AM Indian Standard Time on Tuesday, September 1, 2026, through video conferencing/other audio visual means. The deemed venue is the Registered Office at Gadepan, District Kota, Rajasthan, PIN - 325208.

Ordinary Business

1. To receive, consider and adopt:

  • Audited financial statements for FY ended March 31, 2026 and reports of Board of Directors and Auditor
  • Audited consolidated financial statements for FY ended March 31, 2026 and report of Auditor

2. To declare final dividend on equity shares for FY ended March 31, 2026

3. To appoint Mr. Chandra Shekhar Nopany (DIN: 00014587) as Director who retires by rotation

Special Business

4. Ordinary Resolution: To approve remuneration of ₹1,55,000 plus applicable taxes and out-of-pocket expenses to M/s. K. G. Goyal & Associates, Cost Accountants (Firm Registration Number: 000024) as Cost Auditor for FY ending March 31, 2027

5. Special Resolution: To approve continuation of Mrs. Rita Menon (DIN: 00064714) as Independent Director after attaining age of 75 years until completion of her tenure on September 09, 2030

Director Details

Mr. Chandra Shekhar Nopany

  • Age: 60 years
  • Qualifications: Chartered Accountant, Master of Science in Industrial Administration from Carnegie Mellon University
  • Experience: Industrialist with expertise in sugar, textiles, finance and fertilisers
  • Current directorships: 8 Indian companies (5 listed entities)
  • Shareholding: Holds 2,80,192 equity shares directly
  • Related holdings: Chandra Shekhar Nopany HUF holds 2,31,760 shares; Shruti Family Trust holds 966 shares; Shekhar Family Trust holds 1,38,94,000 shares
  • Compensation for FY2025-26: Sitting fee of ₹2,75,000 and commission of ₹17,50,000 payable
  • Board attendance: Attended all 4 meetings in FY2025-26

Mrs. Rita Menon

  • Age: 74 years (will attain 75 years on December 25, 2026)
  • Qualifications: M.A. (Economics) from Delhi School of Economics
  • Experience: Former Indian Administrative Service officer (1975-2015), served as Secretary in Ministry of Textiles, Additional/Special Secretary in Ministry of Finance
  • Current directorships: 2 Indian companies (1 listed entity)
  • Shareholding: Does not hold any equity shares in the company
  • Compensation for FY2025-26: Sitting fee of ₹6,00,000 and commission of ₹17,50,000 payable
  • Board attendance: Attended all 4 meetings in FY2025-26

Dividend Information

  • Final dividend recommended: ₹6 per equity share of ₹10 each (60%)
  • Record date: August 11, 2026
  • Tax deduction will apply as per Income Tax Act, 2025 provisions
  • Resident individual shareholders exempt from TDS if dividend amount ≤ ₹10,000 or if Form No. 121 submitted by August 10, 2026

E-Voting Details

  • Remote e-voting period: August 28, 2026 (9:00 AM IST) to August 31, 2026 (5:00 PM IST)
  • Cut-off date for eligibility: August 25, 2026
  • E-voting service provider: National Securities Depository Limited (NSDL)
  • Scrutiniser: Mr. Manish Gupta, Managing Partner, RMG & Associates (or Mr. Sachin Khurana in his absence)

Shareholder Information

  • Unclaimed dividend for FY2017-18 transferred to IEPF during FY2025-26
  • 3,18,095 equity shares transferred to IEPF Authority during FY2026
  • As of March 31, 2026: 64,83,778 equity shares in IEPF Authority demat account
  • Registrar & Share Transfer Agent: KFin Technologies Limited