Key Dates and Events

  • 34th AGM Date: Wednesday, September 30, 2026 at 1:30 PM IST
  • AGM Venue: Registered Office at 108-B/109, Sampada Building, Mithakhali Six Roads, Opposite Hare Krishna Complex, Behind Kiran Motors, Ahmedabad – 380009, Gujarat
  • Remote e-voting period: Sunday, September 27, 2026 at 9:00 AM to Tuesday, September 29, 2026 at 5:00 PM
  • Cut-off date for voting eligibility: Wednesday, September 23, 2026
  • Annual Report dispatch: Commenced as of filing date

Business Items to be Transacted

Ordinary Business

1. To receive, consider and adopt the Audited 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 Mr. Parth Shivkumar Chauhan (DIN: 07571829), who retires by rotation and, being eligible, offers himself for re-appointment as a Director of the Company.

Special Business

3. Appointment of Secretarial Auditor: To appoint M/s Nisarg Sharma & Associates, Company Secretaries (Peer Reviewed Firm holding Peer Review Certificate No. 3941/2023, through CS Nisarg Sharma, Proprietor - Membership No. FCS 14061; Certificate of Practice No. 17088) as Secretarial Auditor for five consecutive financial years from FY 2026-27 to FY 2030-31.

  • Remuneration: Maximum of ₹2,00,000/- (Rupees Two Lakh only) per financial year, plus applicable taxes and reimbursement of actual out-of-pocket expenses
  • Term: From conclusion of 34th AGM until conclusion of 39th AGM

4. Alteration of Object Clause and Adoption of New Memorandum of Association: Complete revision of Memorandum of Association to:

  • Remove discontinued Money Changer business
  • Expand business objects to include acquisition of businesses in iron and steel, Sponge Iron/DRI, pharmaceuticals, healthcare, hotels, restaurants, hospitality, real estate, construction, infrastructure development, trading and distribution
  • Specifically enable real estate and construction activities including land acquisition, development rights, and various development agreements
  • Retain existing IT and software business objects
  • Reflect current capital structure post share capital reduction (face value reduced from ₹10 to ₹1 per equity share, authorized capital remains ₹4,50,00,000)

5. Adoption of New Articles of Association: Complete replacement to align with Companies Act, 2013 and remove references to erstwhile Companies Act, 1956

Financial and Operational Impact

  • Secretarial Auditor appointment involves maximum annual expenditure of ₹2,00,000 plus taxes and expenses
  • Memorandum alteration enables expansion into new business sectors subject to regulatory approvals
  • No immediate financial impact quantified for the MOA and AOA changes
  • Company exempt from Regulation 24A of SEBI Listing Regulations due to size (Regulation 15(2)(a) exemption)

Voting and Shareholder Information

  • Remote e-voting through CDSL system
  • Scrutinizer: M/s Nisarg Sharma & Associates, Company Secretaries
  • Results declaration within two working days from AGM conclusion
  • Physical shareholders encouraged to dematerialize holdings as per SEBI mandate
  • Registrar and Share Transfer Agent: Bigshare Services Private Limited, Ahmedabad

Director Re-appointment Details

  • Mr. Parth Shivkumar Chauhan (DIN: 07571829), Age 35, Commerce Graduate
  • First appointed: September 2, 2016
  • Attendance: 7 out of 7 Board meetings in FY 2025-26
  • No directorships in other companies
  • No shareholding in the company
  • Relationship: Son of Managing Director Mr. Shivkumar Raghunandan Chauhan
  • No remuneration drawn during FY 2025-26

Availability of Documents

  • Annual Report and AGM Notice available on company website: www.charmsindustries.co.in
  • Physical copies available for inspection at Registered Office during business hours
  • Physical copies provided to members upon request