Meeting Details
- Date: Friday, September 25, 2026
- Time: 03:30 P.M. (IST)
- Location: Conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
- Deemed Venue: Registered Office at Vadadala, Phase-II, Savli, Vadodara, Gujarat, India - 391520
- Cut-off Date: Friday, September 18, 2026 for determining voting rights
Proposed Resolutions and Implications
Ordinary Business
1. Adoption of Financial Statements: To receive, consider, approve and adopt the audited standalone and consolidated financial statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors
2. Reappointment of Director: To reappoint Mr. Rakesh Ramanlal Shah (DIN: 00421920) who retires by rotation
Special Business
3. Appointment of Director: Appointment of Mr. Umeshkumar Chhaya (DIN: 11881011) as Director of the Company, not liable to retire by rotation
4. Appointment as Whole-time Director: Special resolution for appointment of Mr. Umeshkumar Chhaya as Whole-time Director for period from August 13, 2026 to September 30, 2027 with annual remuneration of ₹99.38 lakh
5. Ratification of Cost Auditors: Ordinary resolution to ratify remuneration of ₹2,00,000 plus applicable taxes to M/s Dalwadi & Associates, Cost Accountants (Registration No.: 000338) for FY 2026-27
6. Shifting of Registered Office: Special resolution to shift registered office from Vadadala, Phase-II, Savli, Vadodara, Gujarat to Westgate (True Value), Block D, 17th Floor, Office Nos. 1703 to 1707, Near YMCA Club, SG Highway, Makarba, Ahmedabad - 380051, Gujarat
7. Remuneration to Independent Directors: Special resolutions for payment of commission of ₹10,00,000 each to:
- Mr. Maheswar Sahu (DIN: 00034051), Chairman and Non-Executive Independent Director
- Mr. Rabindra Nath Nayak (DIN: 02658070), Non-Executive Independent Director
Voting Process and Methods
- Remote E-voting Period: Tuesday, September 22, 2026 (09:00 AM) to Thursday, September 24, 2026 (05:00 PM)
- E-voting during AGM: Available for members who haven't voted remotely
- Voting Methods:
- Electronic voting through NSDL/CDSL for demat holders
- KFin Technologies platform for physical shareholders and non-individual shareholders
- Insta-Poll voting during AGM through VC/OAVM platform
- Scrutinizer: Mr. Ashish Shah, Practicing Company Secretary (Membership No.: 5974, COP No.: 4178) appointed to scrutinize voting process
Key Voting Information
- Voting Rights: Based on paid-up value of shares registered as on cut-off date (September 18, 2026)
- Quorum: Attendance through VC/OAVM counted for quorum under Section 103 of Companies Act, 2013
- Results Declaration: To be declared to stock exchanges within two working days after AGM completion
Compliance with Laws and Regulations
The notice confirms compliance with:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Companies Act, 2013 and relevant rules
- MCA General Circular No. 03/2025 dated September 22, 2025
- SEBI circulars on virtual meetings
- Secretarial Standards issued by ICSI
Additional Financial Information
- FY 2025-26 Standalone Performance:
- Total Revenue and Other Income: ₹1,95,100.05 lakh
- Total Expenses: ₹1,80,372.35 lakh
- Profit Before Tax: ₹14,727.70 lakh
- Profit After Tax: ₹14,757.36 lakh
- Business Nature: Manufacturing power cables and conductors, providing integrated solutions for Power Transmission and Distribution sector
Shareholder Services Information
- RTA: KFin Technologies Limited, Hyderabad
- Investor Grievance: SCORES Portal (scores.sebi.gov.in) and ODR Portal (smartodr.in)
- Document Availability: Annual Report and AGM notice available on company website (https://dicabs.com/investor/financial-reports/) and stock exchange websites
- Contact Email: cs@dicabs.com for shareholder queries