Meeting Details

  • Date: Tuesday, 29th September 2026
  • Time: 11:00 A.M. (IST)
  • Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Type: Annual General Meeting

Resolutions Proposed

The following 16 resolutions were proposed for shareholder approval as per the AGM Notice dated 8th September 2026:

Ordinary Business

1. Adoption of audited financial statements (standalone and consolidated) for FY ended March 31, 2026, along with reports of Board of Directors and auditors

2. Re-appointment of Mr. Raghav Agarwal (DIN: 08450843) who retires by rotation

3. Ratification of remuneration of Cost Auditor

4. Re-appointment of Mr. Mohan Agarwal (DIN: 08450843) as Managing Director

5. Re-appointment of Mr. Akshay Agarwal (DIN: 07175149) as Whole-time Director with revised remuneration terms

6. Re-appointment of Mr. Raghav Agarwal (DIN: 08450843) as Whole-time Director with revised remuneration terms

10. Regularization of appointment of Mr. Ankur Singh (DIN: 02712564) as Executive Director

11. Re-appointment of Secretarial Auditor from FY 2026-27 to 2030-31

12. Approval of performance-linked commission to Independent Directors

13. Approval for payment of performance bonus to executive directors

Special Business

7. Re-appointment of Mr. Gyan Mohan (DIN: 07816704) as Independent Director

8. Re-appointment of Mr. Balvinder Kumar (DIN: 01647940) as Independent Director

9. Re-appointment of Ms. Rashmi Verma (DIN: 09268810) as Independent Director

14. Increase in limit of investment, securities and guarantee as per Section 186 of Companies Act, 2013

15. Increase in borrowing limit as per Section 180(1)(a) and 180(1)(c) of Companies Act, 2013

16. Alteration of Article 58 of the Articles of Association

Voting Process

  • Remote e-voting period: Available from 26th September 2026 (9:00 AM IST) to 28th September 2026 (5:00 PM IST)
  • E-voting during meeting: Facility remained open for 30 minutes after meeting conclusion for members who did not use remote e-voting
  • Scrutinizer: Mr. Deepak Goel, Partner, M/s Deepak Goel & Associates, Company Secretaries appointed to scrutinize both remote e-voting and e-voting during AGM
  • Proxy facility: Not available as meeting was conducted through VC/OAVM

Meeting Attendance and Proceedings

  • Members present: 49 members including authorized representatives attended via VC
  • Chairperson: Mr. Akshay Agarwal, Whole-time Director chaired the meeting in absence of Mr. Mohan Agarwal, Chairman and Managing Director
  • Board attendance: All Board members present, including chairs of Audit Committee, Nomination and Remuneration Committee, Stakeholder Relationship Committee, and Risk Management Committee
  • Auditor representation: Representatives of Statutory Auditors and Secretarial Auditor were present
  • Meeting duration: 11:00 AM to 11:35 AM (35 minutes)

Key Discussions

  • Chairman provided overview of financial and operational performance for FY ended 31st March 2026 and company outlook
  • Company Secretary informed members about unmodified report of Statutory Auditors
  • Registered speakers addressed meeting through VC and sought clarifications mainly on company's business and operations
  • Chairman responded to member queries and provided adequate clarifications

Compliance and Results Declaration

  • All resolutions deemed passed on August 29, 2026 (date of AGM) subject to receipt of requisite majority votes
  • Scrutinizer to submit consolidated e-Voting report within 2 working days from AGM conclusion
  • Results to be declared and submitted to Stock Exchanges and uploaded on company website in accordance with Companies Act, 2013 and SEBI LODR Regulations, 2015
  • Results will be hosted on company website, CDSL, and both Stock Exchanges within statutory time limit