Meeting Details

The 23rd Annual General Meeting was held on Tuesday, September 01, 2026 at 04:00 P.M. at 323-F, Bhagat Bhuvan, Dr. Ambedkar Road, Matunga (East), Mumbai-400019, Maharashtra, India. The meeting concluded at 04:30 P.M.

Attendance and Leadership

Mr. Hemant Chandravadan Bhagat served as Chairman of the meeting. Directors, Key Managerial Personnel, and shareholders were present. The Chairman of the Audit Committee was available to answer shareholder queries. Mr. Hemant Chandravadan Bhagat, as a member of the Stakeholder Relationship Committee, was authorized to represent the Chairman and address shareholder queries.

Documentation and Financial Reporting

The Notice of AGM, Explanatory Statement, and copies of Audited Financial Statements for the year ended March 31, 2026, along with Directors' and Auditors' Reports, were sent to members, statutory auditors, and directors via email. The audited financial statements were available for inspection at the meeting venue.

Audit Report Status

The Statutory Auditors made no qualifications, observations, or comments in their Audit Report for the year ended March 31, 2026.

Chairman's Address

The Chairman delivered a speech covering:

  • Overview of company performance
  • New developments during financial year 2025-26
  • Growth prospects of the company

Voting Arrangements

As the company is listed on the BSE SME Platform, it is exempt from e-voting requirements per MCA Notification dated March 19, 2015 (amending Rule 20 of Companies (Management and Administration) Rules, 2014). Voting was conducted through physical polling papers/ballot papers at the AGM. Only members recorded in the Register of Members or Register of Beneficial Owners maintained by depositories as of the cut-off date August 25, 2026, were entitled to vote.

Agenda Items Considered

Ordinary Business:

1. Adoption of annual accounts

2. Re-appointment of Mr. Pranav Hemant Bhagat (DIN: 00156362), who was liable to retire by rotation and offered himself for re-appointment

Special Business:

3. Increase in the authorized share capital of the company

4. Consideration and approval for issuance of up to 66,00,000 convertible warrants on a preferential basis to promoters and non-promoters for cash consideration

Results Timeline

The results of voting during the meeting will be announced within two working days after receipt of the Scrutinizer Report. Results will be intimated to the Stock Exchange and placed on the company's website.