EGM Details

The Extraordinary General Meeting of Creative Eye Limited is scheduled to be held on Tuesday, 25th August, 2026 at 11:30 AM through Video Conferencing/Other Audio-Visual Means. The meeting will be conducted at the Registered Office situated at Kailash Plaza, Plot No.12-A, New Link Road Opp. Laxmi Ind. Estate, Andheri (West), Mumbai, Maharashtra, 400053.

Business Items

Four special business items are proposed for shareholder approval:

Item No. 1: Re-appointment of Mrs. Zuby Kochhar (DIN: 00019868) as Whole-time Director

  • Proposed re-appointment as Executive Director for a further period of three years from 01/06/2026 to 01/06/2029
  • Special resolution required due to director attaining age beyond 75 years (born 15/03/1951)
  • Monthly salary scale: ₹1,00,000 to ₹2,00,000 per month
  • Nomination and Remuneration Committee determined salary at ₹1,51,000 per month (includes basic salary and allowances)
  • Additional perquisites: Leave salary (not exceeding one month's salary per year), reimbursement of telephone/mobile/car maintenance expenses for business purposes, contributions to Provident Fund and Superannuation Fund, Gratuity not exceeding 15 days salary per completed year
  • Minimum remuneration payable even in absence or inadequacy of profits
  • Not entitled to sitting fees for Board/committee meetings

Item No. 2: Regularization of Mr. Praful Jadavji Shah (DIN: 07927339) as Non-Executive Independent Director

  • Appointed as Additional Director (Non-Executive Independent) effective 26th May, 2026
  • Proposed appointment as Non-Executive Independent Director for 5 consecutive years from 26/05/2026 to 25/05/2031
  • Qualification: HSC
  • Experience: Seasoned business professional with over 25 years experience in business operations, strategic planning, administration, and management
  • Currently holds directorship in Mittal Life Style Limited
  • Declaration of independence submitted

Item No. 3: Regularization of Mrs. Asha Choudhary (DIN: 11866581) as Non-Executive Independent Director

  • Appointed as Additional Director (Non-Executive Independent) effective 03rd August, 2026
  • Proposed appointment as Non-Executive Independent Director for 5 consecutive years from 03/08/2026 to 02/08/2031
  • Qualification: Post Graduate (B.Com with specialization in Financial Accounting and Auditing, Post Graduate Diploma in Human Resource Management from IMT Ghaziabad)
  • Experience: Strong academic foundation in finance, accounting, auditing, and human resource management
  • No other directorships in listed companies
  • Declaration of independence submitted

Item No. 4: Increase in Borrowing Powers under Section 180(1)(c)

  • Proposal to increase borrowing limit to ₹50,00,00,000 (Rupees Fifty Crores Only)
  • Funds to be raised from Banks, Financial Institutions, other Bodies Corporate or eligible investors through loans, overdraft facilities, lines of credit, commercial papers, convertible/non-convertible debentures, external commercial borrowings, INR denominated offshore bonds
  • Authorization to create security over company's movable and/or immovable assets
  • Excludes temporary loans obtained from Company's Bankers in ordinary course of business

Voting Arrangements

  • Remote e-voting period: 22nd August, 2026 (9:00 AM) to 24th August, 2026 (5:00 PM)
  • Record date for voting eligibility: 18th August, 2026
  • E-voting facility provided through NSDL
  • Members can join EGM through VC/OAVM 15 minutes before and after scheduled commencement time
  • Facility available for 1000 members on first-come-first-served basis (excludes large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, auditors)

Director Shareholding

  • Mrs. Zuby Kochhar holds 71,39,870 shares in the company
  • Mr. Praful Jadavji Shah and Mrs. Asha Choudhary hold no shares