Event Overview

Notice of the 41st Annual General Meeting (AGM) scheduled to be held on Friday, 18th September, 2026 at 11:00 A.M. through Video Conferencing/Other Audio Visual Means (VC/OAVM). The deemed venue for the AGM is the Registered Office of the Company at Competent House, F-14, Connaught Place, New Delhi-110001.

Agenda Items

Ordinary Business

1. To receive, consider and adopt:

  • Audited Standalone Financial Statements for year ended 31st March, 2026 with Reports of Board of Directors and Auditors
  • Audited Consolidated Financial Statements for year ended 31st March, 2026 with Auditors' Report

2. To declare dividend on equity shares for financial year ended 31st March, 2026

3. To appoint Director in place of Mrs. Kavita Ahuja (DIN: 00036803) who retires by rotation and offers herself for re-appointment

Special Business

4. To appoint Mrs. Nisha Mehta (DIN: 11885108) as Director of the Company effective from 14th August, 2026

5. To appoint Mrs. Nisha Mehta as Whole-Time Director for 5 years with effect from 14th August, 2026 with following remuneration terms:

  • Monthly remuneration: ₹1,25,000/- (Rupees One Lakh Twenty Five Thousand Only)
  • Car facility: Free use of Company's car with driver for official purposes
  • Mobile facility for official purposes
  • One month leave with full pay and allowances for every eleven months of service
  • Minimum remuneration payable even in absence/inadequacy of profits subject to statutory limits

Director Appointment Details

Mrs. Nisha Mehta is graduate with over 26 years of experience in automobile industry, specializing in Public Relations, Customer Relationship Management, True Value Business Operations, and Business Development. She has been associated with the Company as Public Relations Officer (PRO). She is sister of Mr. Raj Chopra, Chairman & Managing Director of the Company.

Record Date and Dividend Information

  • Record Date fixed for dividend entitlement: Friday, 11th September, 2026
  • Register of Members and Share Transfer Books will remain closed from 12th September, 2026 to 18th September, 2026 (both days inclusive)
  • Dividend will be paid within prescribed statutory period after deduction of TDS where applicable

TDS Provisions for Dividend

Resident Shareholders

  • Individuals: 10% TDS if dividend exceeds ₹10,000 annually with valid PAN
  • Non-individuals: 10% TDS on entire amount with valid PAN
  • Higher rates apply without valid PAN
  • Form 121 can be submitted for nil/lower deduction

Non-Resident Shareholders

  • 20% withholding tax plus applicable surcharge and cess (4%)
  • Treaty benefits available upon submission of Tax Residency Certificate, Form 41, and other documents

Exempt Entities

  • Insurance Companies, Mutual Funds, and Category I/II AIFs can claim exemption with proper documentation

Shareholder Services Information

  • Registrar and Share Transfer Agent: Skyline Financial Services Private Limited
  • Physical shareholders must update PAN, KYC details, and nomination details
  • Dematerialization encouraged for all shareholders
  • Special window available until 4th February, 2027 for re-lodgement of physical transfer deeds lodged prior to 1st April, 2019

E-Voting Arrangements

  • Remote e-voting period: 15th September, 2026 (9:00 AM) to 17th September, 2026 (5:00 PM)
  • E-voting service provider: National Securities Depository Limited (NSDL)
  • Members can vote through NSDL website (www.evoting.nsdl.com) or through depository participants
  • Members can also join AGM through VC/OAVM via NSDL e-Voting system

Unclaimed Dividend Information

Unpaid dividends for financial years 2018-19 to 2024-25 will be transferred to IEPF on respective due dates ranging from 12th October, 2026 to 3rd November, 2032.

Compliance References

  • Filed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Conducted in compliance with MCA Circulars dated 8th April, 2020 and subsequent circulars including 03/2025 dated 22nd September, 2025
  • SEBI Circulars referenced: SEBI/HO/CFD/CMD1/CIR/P/2020/79, SEBI/HO/CFD/CMD2/CIR/P/2022/62, and subsequent circulars