Meeting Details
The 33rd Annual General Meeting is scheduled to be held on Tuesday, September 22, 2026 at 04:00 PM through Video Conferencing (VC) / Other Audio Visual Means (OAVM) without physical attendance of members. The Registered Office of the Company at A - 68, M. I. D. C. (Malegaon), Sinnar, Nashik, Maharashtra- 422113 shall be deemed to be the venue.
Ordinary Business Items
1. Adoption of Audited Standalone Financial Statements: Consideration and adoption of audited standalone financial statements for the year ended March 31, 2026, along with reports of Board of Directors and Auditors.
2. Adoption of Audited Consolidated Financial Statements: Consideration and adoption of audited consolidated financial statements for the year ended March 31, 2026, along with report of Auditors.
3. Reappointment of Director: Appointment of Mr. Aditya Kumar Halwasiya (DIN: 08200117) who retires by rotation and is eligible for re-appointment. Mr. Halwasiya is Chairman and Managing Director, age 31 years, holds 44,90,21,013 shares as of August 17, 2026, and drew remuneration of ₹117.33 lakhs last year.
Special Business Items
4. Ratification of Cost Auditor Remuneration: Ratification of remuneration payable to M/s KPMSS & Associates, Cost Accountants (Firm Registration Number: 005229) up to ₹1,50,000/- (Rupees One Lakh and Fifty Thousand Only) plus applicable taxes and reimbursement of out-of-pocket expenses for conducting cost audit for Financial Year 2026-27. The Board approved this reappointment on August 7, 2026.
5. Continuation of Independent Director: Special resolution for continuation of Mr. Thallapaka Venkateswara Rao (DIN: 05273533) as an Independent Director beyond the age of 75 years. He will attain 75 years in July 2027 during his current tenure which ends on October 19, 2028. He was originally appointed on October 20, 2023, for a five-year term and received remuneration of ₹29.26 lakhs (sitting fees and commission) last year.
6. Appointment of New Independent Director: Special resolution for appointment of Shri Keral Prasad Yadaw (DIN: 11894095) as an Independent Director for a first term of 5 consecutive years from August 17, 2026, to August 16, 2031. The Board approved his appointment through circulation on August 17, 2026. He is 60 years old with qualifications including MPhil in Sociology, MA in Sociology, and BA in Economics. He has extensive experience in public financial administration, audit, and institutional governance.
Voting Procedures
- Remote e-Voting Period: Friday, September 18, 2026 (9:00 AM) to Monday, September 21, 2026 (5:00 PM)
- Cut-off Date: September 15, 2026 (for determining voting rights)
- Scrutinizer: Mr. Shailesh Kachalia, Practicing Company Secretary, Mumbai
- e-Voting Service Provider: Central Depository Services (India) Limited (CDSL)
- Results Declaration: Within two working days of conclusion of the meeting
Virtual Meeting Attendance
- Members can join the AGM 15 minutes before and after scheduled commencement time
- Facility available to at least 1000 members on first-come-first-served basis
- Large shareholders (2%+), promoters, institutional investors, directors, KMPs, and committee chairpersons can attend without restriction
- Members wishing to speak must register at least 15 days in advance at cs@cupidlimited.com
Additional Information
- The notice is being sent electronically to members with registered email addresses
- Documents referred to in the notice are available for inspection through electronic mode
- Members are urged to register email addresses for electronic communication
- The company has transferred unclaimed dividends and shares to IEPF during FY 2025-26 as required
Director Profiles
Mr. Aditya Kumar Halwasiya: Chairman and MD, 31 years, B.Com, Masters in Global Finance from Fordham University, NY. Holds directorships in Tourism Finance Corporation of India Limited, Universal Petro-Chemicals Limited, and Apollo Micro Systems Limited.
Mr. Thallapaka Venkateswara Rao: Independent Director, Honorary Doctorate in International Banking, Graduate in Commerce, CAIIB. Over four decades experience in banking, foreign trade, and housing finance. Holds multiple directorships including STCI Primary Dealer Limited, Easy Home Finance Limited, and Indian Immunologicals Limited.
Shri Keral Prasad Yadaw: Proposed Independent Director, 60 years, MPhil in Sociology, MA in Sociology, BA in Economics. Extensive experience in public financial administration, audit, financial reporting, internal controls and institutional governance, including former Principal Accountant General of Jammu & Kashmir.