Meeting Details
The 43rd Annual General Meeting will be held on Thursday, August 20, 2026, at 11:00 AM at the company's registered office at R-489, GF-B, New Rajinder Nagar, New Delhi-110060.
Ordinary Business - Ordinary Resolutions
ITEM NO. 1
To receive, consider and adopt the Audited Balance Sheet as at March 31, 2026, and the Statement of Profit and Loss & Cash Flow Statements for the year ended on that date along with the Reports of Auditors and Directors.
ITEM NO. 2
To appoint a director in place of Mr. Amit Gupta (DIN: 00074483) who retires by rotation and being eligible offers himself for re-appointment as a director.
ITEM NO. 3
To appoint a director in place of Mr. Ashok Kumar (DIN: 11252233) who retires by rotation and being eligible offers himself for re-appointment as a director.
ITEM NO. 4
Appointment of M/s SMGA & Co., Chartered Accountants (FRN No. 014671C), as Statutory Auditors of the Company for a term of five consecutive years. The resolution specifies that the auditors shall hold office from the conclusion of the 43rd AGM until the conclusion of the 48th AGM in 2031, at remuneration plus applicable taxes and out-of-pocket expenses as mutually agreed between the Board and the auditors.
Special Business - Special Resolution
ITEM NO. 5
Appointment of Ms. Varsha Jain (DIN: 11704482) as an Additional Executive Director in whole-time capacity and category of Whole-Time Director (WTD) cum Chief Financial Officer (CFO), effective from May 29, 2026, for a period of five years.
Remuneration Details: Basic Salary: ₹25,000 per month. No variable pay/commission mentioned.
Qualifications and Experience: Ms. Varsha Jain is a qualified Company Secretary (ACS membership number ACS-63340, admitted May 5, 2021) and holds a Bachelor of Commerce from Delhi University with over 5 years of experience in corporate laws.
Termination Conditions: The company may terminate without notice in case of negligence, misconduct, fraud, breach of duty, material breach of terms, or loss of confidence by the Board. Either party may terminate with 2 months' written notice or payment in lieu.
Important Dates and Procedures
Book Closure: August 14, 2026 to August 23, 2026 (both days inclusive)
E-Voting Details:
- Remote e-voting through NSDL from 9:00 AM on August 17, 2026 to 5:00 PM on August 19, 2026
- Electronic Voting Event Number (EVEN): 139670
- Cut-off date for voting rights: July 27, 2026
- Scrutinizer: M/s B. Bhushan & Co., Practicing Company Secretaries
Shareholding Information
Mr. Amit Gupta holds 4.93% shareholding in the company. Mr. Ashok Kumar and Ms. Varsha Jain hold nil shares.
Director Profile Details
Mr. Amit Gupta: MBA & M.Com with more than 20 years of experience in stock market, finance, jewelry, and real estate. Holds directorships in Dune Estates Private Limited, Empire Realcon Private Limited, Shubh Estate Pvt Ltd., and Unique Credits Private Limited.
Mr. Ashok Kumar: Graduate with over 40 years of experience in administration, marketing, and publications.
Ms. Varsha Jain: Company Secretary (ACS) and Bachelor of Commerce from Delhi University with over 5 years of experience in corporate laws.
Explanatory Statements
The explanatory statement provides background for Item No. 4 (Auditor Appointment) noting that M/s G.K. Kedia & Co. completed their term at the 43rd AGM held on September 29, 2025, and M/s SMGA & Co. was appointed interim auditor regularized at an EGM on November 12, 2025.
For Item No. 5, the statement indicates Mr. Ashok Kumar resigned due to health reasons, and Ms. Varsha Jain is proposed as replacement based on recommendation of the Nomination and Remuneration Committee.
Compliance References
The notice references compliance with:
- Section 139, 142 of Companies Act, 2013
- Companies (Audit and Auditors) Rules, 2014
- Sections 161(1), 196, 197, 198, 203 of Companies Act, 2013
- Schedule V of Companies Act, 2013
- SEBI (LODR) Regulations, 2015 (Regulations 17, 17A, 26(6), 30)
- Regulation 40(7) and 61(4) of SEBI LODR Regulations for share transfer requirements