Meeting Details

  • Date: Friday, 11th September, 2026
  • Time: Commenced at 12:50 PM IST and concluded at 13:23 PM IST
  • Location: Held through Video Conferencing/Other Audio Visual Means (VC/OAVM) without physical presence of members. The deemed venue was the Registered Office of the Company at Plot No.-318, N-3, CIDCO, Near Punjab National Bank, Chh. Sambhajinagar-431001, Maharashtra.
  • Type of Meeting: 34th Annual General Meeting
  • Quorum: 35 members present throughout the meeting

Proposed Resolutions and Implications

The meeting addressed the following resolutions:

Ordinary Business:

1. Agenda Item No 1: To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon (Ordinary Resolution)

2. Agenda Item No 2: To appoint a Director in the place of Mr. Shrutisheel Jhanwar, who retires by rotation, and being eligible, offers himself for re-appointment as a director liable to retire by rotation (Ordinary Resolution)

Special Business:

3. Agenda Item No 3: Ratification of remuneration to Cost Auditors for Financial Year ending 31st March, 2027 (Ordinary Resolution)

4. Agenda Item No 4: Approval of material related party transactions between the Company and Manjeet Cotton Private Limited, a Holding of the Company (Ordinary Resolution)

5. Agenda Item No 5: Approval for Material Related Party Transaction(s) between the Company and Manjeet Global Private Limited (Ordinary Resolution)

6. Agenda Item No 6: Approval for Material Related Party Transaction(s) between the Company and Deegee Cotsyn Private Limited (Ordinary Resolution)

7. Agenda Item No 7: Approval for Material Related Party Transaction(s) between the Company and Sukhmani Cotton Industries (Ordinary Resolution)

8. Agenda Item No 8: Approval for Material Related Party Transaction(s) between the Company and Keshav Ginning & Pressing Factory (Ordinary Resolution)

9. Agenda Item No 9: Approval for Material Related Party Transaction(s) between the Company and DV Export (Ordinary Resolution)

10. Agenda Item No 10: Approval for Material Related Party Transaction(s) between the Company and Satyam Spinners Private Limited (Ordinary Resolution)

Voting Process and Methods

The voting was conducted exclusively through electronic means (e-voting) without physical show of hands. The Board of Directors appointed Ajit Kumar, Practicing Company Secretaries, as the Scrutinizer to supervise the e-voting process. Members were given an additional 15 minutes during the meeting to cast their votes if they hadn't already done so.

Key Voting Outcomes and Participation

  • The results of voting were to be announced/displayed through the company website (www.clcindia.com) and NSDL website (www.evoting.nsdl.com) within 48 hours from conclusion of the meeting
  • Results were to be intimated to BSE Limited (Scrip Code: 521082) and National Stock Exchange of India Limited (Symbol: CLCIND)
  • All resolutions were deemed to be passed on 11th September, 2026, subject to receipt of requisite votes
  • Specific voting breakdowns by category (Promoters, Public, Institutions) are not provided in this document

Scrutinizer's Role and Findings

Ajit Kumar, Practicing Company Secretaries, was appointed as Scrutinizer to supervise the e-voting process. The scrutinizer joined the meeting virtually and oversaw the voting process, though specific findings and conclusions are not detailed in this proceeding document.

Compliance with Laws and Regulations

The meeting was held in compliance with:

  • General Circulars issued by the Ministry of Corporate Affairs (MCA)
  • Circulars issued by the Securities and Exchange Board of India (SEBI)
  • Applicable provisions of the Companies Act, 2013 and the Rules made thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Attendees and Representatives

Directors and Key Management Personnel Present:

  • Mr. Bhupendra Singh Rajpal: Chairman
  • Mr. Sanchit Singh Rajpal: Managing Director and member of Stakeholder Relationship Committee
  • Mr. Gautam Nandawat: Independent Director and Chairman of Audit Committee/Stakeholders Relationship Committee, member of Nomination and Remuneration Committee
  • Mrs. Satinder Kaaur: Independent Director, Chairman of Nomination and Remuneration Committee, member of Audit Committee
  • Mr. Amit Ramanlal Bhandari: Independent Director, member of Nomination and Remuneration Committee and Stakeholder Relationship Committee
  • Mr. Shrutisheel Jhanwar: Whole Time Director & Chief Financial Officer, Member of Audit Committee and Stakeholder Relationship Committee
  • Mrs. Koyal Gehani: Company Secretary & Compliance Officer

Other Representatives:

  • Statutory Auditors of the Company (attended through video conference)
  • Secretarial Auditors of the Company (attended through video conference)
  • Internal Auditors of the Company (attended through video conference)
  • Scrutinizer (joined virtually)

Signatories and Roles

  • Membership No: A45277
  • GSTN: 27AABCS4997E2Z0
  • Contact: Phone: 0240-6608636 | Email: companysecretary@clcindustries.com

Additional Information

  • The meeting included a welcome speech by Mrs. Koyal Gehani, Company Secretary
  • The Chairman delivered his speech and confirmed quorum
  • Managing Director addressed shareholder queries regarding production
  • The Company Secretary expressed gratitude to all members for their cooperation
  • The document was submitted to both National Stock Exchange of India Limited and BSE Limited