Meeting Details

  • Date: Friday, 6 November 2026
  • Time: 10:30 A.M. IST to 10:56 A.M. IST
  • Location: Conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Type: Extraordinary General Meeting
  • Chairperson: Mr. Virendra Bhandari
  • Number of members attending: 60

Proposed Resolutions and Implications

Special Resolution (Item No. 1) for preferential issue of up to 50,00,000 warrants at ₹150 each, aggregating up to ₹75,00,00,000. Each warrant convertible into one equity share of face value ₹10 each at a premium of ₹140 per share.

Allottee Details:

  • Cubex Securities Ltd (Promoter) - 33,90,000 warrants
  • Ajeet Modi (Non-promoter) - 6,00,000 warrants
  • H & A Unicorns (Non-promoter) - 4,05,000 warrants
  • Ruchas Ventures (Non-promoter) - 4,05,000 warrants
  • Payal Tandan Shrivastava (Non-promoter) - 2,00,000 warrants

Purpose: Funds raised will finance vacuum melting furnace project and related manufacturing facility expenditure.

Voting Process and Methods

  • Remote e-voting conducted through Central Depository Services (India) Limited (CDSL)
  • Voting period: 3 November 2026 at 10:00 A.M. IST to 5 November 2026 at 5:00 P.M. IST
  • Cut-off date for voting eligibility: 30 October 2026
  • E-voting facility available at EGM for eligible members who had not voted remotely
  • Members who voted remotely could attend but not vote again

Scrutinizer Appointment

  • Sarada Putcha, Practising Company Secretary appointed as Scrutinizer
  • Membership No. 21717
  • Certificate of Practice No. 8735
  • Responsible for scrutinizing remote e-voting and e-voting at EGM in fair and transparent manner

Compliance Statements

  • Notice dated 14 October 2026 with explanatory statement taken as read
  • Corrigendum dated 30 October 2026 and subsequent disclosures considered
  • Electronic inspection arrangements made for valuation reports and Practising Company Secretary's certificate
  • Compliance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 confirmed
  • Voting results and Scrutinizer's report to be submitted separately to BSE Limited and National Stock Exchange of India Limited
  • Results will be made available on Company's website and CDSL's website