Meeting Details
The 37th Annual General Meeting was held on Wednesday, September 23, 2026 through video conference/audio-visual means. The meeting commenced at 02:00 PM and concluded at 02:56 PM (duration: 56 minutes). The deemed venue was the Registered Office at Unit 1, Prithla-Tatarpur Road, Village Tatarpur, Dist. Palwal, Haryana-121102.
Attendance
A total of 109 members attended the meeting. The following Directors and Key Managerial Personnel were present through video conference:
- Ms. Shikha Bansal - Whole Time Director (Chairperson)
- Ms. Shruti Aggarwal - Whole Time Director
- Mr. Ashwani Kumar Prabhakar - Independent Director
- Mr. Bhisham Kumar Gupta - Independent Director
- Mrs. Shilpi Barar - Independent Director
- Mr. Brham Prakash Yadav - Chief Financial Officer
- Mr. Ranjan Kumar Sarangi - Company Secretary
Representatives of Statutory Auditors, Secretarial Auditors, Internal Auditor and Cost Auditors also participated.
Business Transacted
The following items of business from the Notice dated August 27, 2026 were considered and approved:
Ordinary Business:
1. Adoption of Audited Standalone and Consolidated Financial Statements for FY2025-26 with Reports of Board of Directors and Statutory Auditors (Ordinary Resolution)
2. Re-appointment of Ms. Shikha Bansal (DIN: 02712175) who retires by rotation (Ordinary Resolution)
3. Re-appointment of Mrs. Shruti Aggarwal (DIN: 08598962) who retires by rotation (Ordinary Resolution)
4. Declaration of Final Dividend of ₹1 per equity share of ₹10 each for FY2025-26 (Ordinary Resolution)
Special Business:
5. Ratification of remuneration of M/s JSN & Co., Cost Auditors for FY2026-27 (Ordinary Resolution)
6. Reclassification and increase in Authorised Share Capital from ₹85 crore to ₹95 crore with consequential amendment of Memorandum of Association (Ordinary Resolution)
7. Revision in remuneration of Ms. Shikha Bansal, Whole Time Director with effect from 1st April 2026 (Special Resolution)
8. Approval for conversion of whole or part of outstanding loan availed from Bank of India (Lead Bank) and consortium of lenders into equity shares upon occurrence of an event of default (Special Resolution)
9. Approval for continuation of directorship of Mr. Bhisham Kumar Gupta (DIN: 09493608), Non-Executive Independent Director, beyond the age of 75 years (Special Resolution)
Additional Proceedings
The Chairperson provided an overview of future outlook through a formal address to members. Members expressed views/questions relating to business and operations, with the Chairperson responding to queries. NSDL was engaged for meeting and voting process, with Mr. Kapil Kumar, ACS appointed as scrutinizer. Voting results will be disseminated to stock exchanges and placed on company website after receipt of scrutinizer's report.
Compliance Affirmation
The company affirmed that the directors being appointed/reappointed are not debarred from holding office by virtue of any SEBI or other authority order, in compliance with BSE and NSE circulars dated June 20, 2018.