Meeting Details

  • Date: Saturday, September 19, 2026
  • Time: 11:00 AM
  • Location: Lillies Conference Hall, Hotel Auris, Guru Gobind Singh Marg, Near Gurudwara, Sher E Punjab Colony, Andheri East, Mumbai-400093, Maharashtra
  • Type: Annual General Meeting (AGM)

Attendance

Directors Present:

  • Mr. Chetankumar Timbadia (Managing Director)
  • Mr. Devendra Sayani (Whole Time Director)
  • Mr. Jayesh Sayani (Director)
  • Ms. Lipee Vasani (Independent Director)
  • Ms. Sneha Satyuga (Independent Director)
  • Mr. Chandrashekar Gaonkar (Independent Director)

Other Attendees:

  • Mr. Bhavesh Singh (Company Secretary and Compliance Officer)
  • Mr. Piyush Shah (Chief Financial Officer)
  • Mr. Dilip Gupta (AGM Scrutiniser)
  • Mr. Hiren Jayantilal Maru (Statutory Auditor - DGMS & Co.)
  • 56 Shareholders attended the meeting

Proposed Resolutions and Outcomes

The following ordinary business resolutions were transacted at the meeting:

Item 1: Adoption of Financial Statements

  • Resolution: To consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon.
  • Text: "RESOLVED THAT the Standalone and Consolidated Audited financial statements of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon laid before this meeting, be and are hereby considered and adopted."

Item 2: Declaration of Final Dividend

  • Resolution: To declare Final Dividend
  • Text: "RESOLVED THAT a dividend at the rate of Re. 0.10/- (Ten Paise only) per equity share of Rs. 10/- (Rupees Ten only) each fully paid-up of the Company be and is hereby declared for the financial year ended 31st March 2026 and the same be paid as recommended by the Board of Directors of the Company out of the profits of the Company for the financial year ended 31st March 2026."

Item 3: Re-appointment of Director

  • Resolution: To appoint Mr. Jayeshkumar Kishorekumar Sayani (DIN 08332277) as director, liable to retire by rotation
  • Text: "RESOLVED THAT pursuant to the provisions of Section 152 of the Companies Act, 2013, Mr. Jayeshkumar Kishorekumar Sayani (DIN 08332277), Director of the Company, who retires by rotation at this meeting and being eligible has offered himself for re-appointment, be and is hereby appointed as a Director of the Company, liable to retire by rotation."

Voting Process

  • The Company provided remote e-voting facility for members in respect of business to be transacted at the AGM
  • Members who did not vote via e-voting and were present at the AGM were provided an opportunity to vote on a poll ordered by the Chairman
  • The consolidated result of voting (poll and e-voting) on all resolutions will be forwarded to NSE and BSE in the format prescribed under Regulation 44 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
  • Mr. Dilip Vasudeo Gupta, Practicing Company Secretary, was appointed as scrutinizer for scrutinizing the voting process

Proceedings Summary

The meeting was chaired by Mr. Chetankumar Timbadia, who welcomed shareholders and confirmed quorum was present. The Chairman introduced all directors and acknowledged representatives from statutory auditors and secretarial auditors. The Chairman delivered a speech providing a brief of the company's financial performance for the year 2025-26. The Company Secretary read the notice and agenda, and explained the voting procedures. A question and answer session was conducted where registered speakers raised queries that were addressed by the Chairman. The meeting concluded at 11:45 AM.

Compliance Statement

The disclosure confirms compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.