AGM Details

  • Date: Monday, September 21, 2026
  • Time: 03:00 P.M. (IST)
  • Venue: Video Conferencing / Other Audio-Visual Means
  • Book Closure Date: September 15, 2026 to September 21, 2026 (both days inclusive)
  • Record Date for Dividend: Monday, September 14, 2026
  • Remote e-voting period: September 18, 2026 (9:00 AM) to September 20, 2026 (5:00 PM)

Business Items

Ordinary Business

1. Adoption of Audited Financial Statements: To receive, consider and adopt both Standalone and Consolidated Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors.

2. Final Dividend Declaration: To declare final dividend of ₹0.10 (Rupees Ten Paise Only) per equity share of face value ₹2 each (5%) for FY 2025-26.

3. Director Re-appointment: To appoint Mr. Ankur Agrawal (DIN: 06408167) who retires by rotation and offers himself for re-appointment.

Special Business

4. Material Related Party Transactions: Special Resolution to approve material RPTs with related parties for FY 2026-27 and onwards with aggregate value of ₹375 crore:

  • Comfort Commotrade Limited: ₹75 crore
  • Comfort Capital Private Limited: ₹50 crore
  • Comfort Securities Limited: ₹100 crore
  • DhanSafal Finserve Limited: ₹20 crore
  • Flora Fountain Properties Limited: ₹60 crore
  • Liquors India Limited: ₹50 crore
  • Comfort Intech Limited: ₹100 crore (including ₹50 crore for securities transfer)
  • Luharuka Commotrade Private Limited: ₹10 crore
  • Luharuka Export Private Limited: ₹10 crore

Transactions include inter-corporate loans, deposits, guarantees, and security provisions at 14% interest p.a. payable quarterly, secured by property/shares, for business and working capital purposes.

5. Fund Raising Authorization: Special Resolution to authorize borrowing up to ₹300 crore through private placement of Non-Convertible Debentures, Commercial Papers, Bonds and other debt securities.

Financial Impact

  • Dividend payout subject to TDS deduction as per Income-tax Act, 2025
  • RPTs to be disclosed as contingent liabilities where applicable
  • Borrowing authorization represents significant capital raising capacity

Voting and Shareholder Information

  • Scrutinizer: Mrs. Ramadevi Venigalla, Practising Company Secretary
  • Results declaration within 2 working days post-AGM
  • Dividend payment within 30 days of AGM approval
  • Electronic voting mandatory through NSDL platform
  • Physical attendance dispensed with due to MCA circulars

Director Information (Mr. Ankur Agrawal)

  • Date of First Appointment: June 29, 2019
  • Qualification: Chartered Accountant, CFA, Family MBA from ISB
  • Remuneration for FY 2025-26: ₹56,41,000
  • Directorships in 5 public companies including Comfort Commotrade, Comfort Intech, DhanSafal Finserve, Flora Fountain Properties, Liquors India Limited
  • Attended all Board meetings during FY 2025-26

Additional Information

  • Policy on Related Party Transactions adopted by Company
  • All RPTs undertaken on arm's length basis in ordinary course of business
  • Audit Committee reviewed and recommended RPT framework on January 15, 2026
  • No defaults reported by related parties in last three financial years