Meeting Details

The 44th Annual General Meeting was held on Monday, September 07, 2026, at 02:00 P.M. (IST) through Video Conferencing (VC) & Other Audio Visual Means (OAVM). The deemed venue was the Registered Office of the Company at T-5/6, MIDC, Hingna, Industrial Area, Nagpur 440016.

Attendance

59 members attended the meeting through video conference. The meeting had requisite quorum.

Key Attendees

Directors & KMPs Present:

  • Mr. Prashant Garg, Chairman and Managing Director
  • Ms. Chitra Garg, Non-Executive Director
  • Mr. Nitin Garg, Non-Executive Director
  • Mr. Anil Kumar Trigunayat, Independent Director
  • Mr. Sherry Samuel Oommen, Independent Director & Chairman of Audit and Stakeholders Relationship Committee
  • Ms. Deepali Sameer Bendre, Independent Director & Chairperson of Nomination and Remuneration Committee and Corporate Social Responsibility Committee
  • Mr. Abhishek Mehta, Chief Financial Officer
  • Ms. Chanchal Jaiswal, Company Secretary and Compliance Officer

External Professionals Present:

  • Mr. Premal Gandhi from PGS & Associates, Chartered Accountants (Statutory Auditors)
  • Mr. Madhav Kawde, Secretarial Auditor
  • Mr. Ritesh Mehta from Chitaley Mehta & Associates, Chartered Accountants (Internal Auditors)
  • Mr. Anil Verma from M/s A. B. Verma & Co., Cost Accountants (Cost Auditor)

Business Items Considered

Ordinary Business:

1. To receive, consider and adopt the audited standalone financial statements of the Company for the financial year 2025-26 including Balance Sheet as at 31st March 2026, the Statement of Profit and Loss and Cash Flow Statement for the financial year ended on that date and the Reports of the Board of Directors and Auditors' thereon

2. To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year 2025-26 including Balance Sheet as at 31st March 2026, the Statement of Profit and Loss and Cash Flow Statement for the financial year ended on that date and the Report of the Auditors' thereon

3. To declare final dividend of Rs. 1.50/- (One Rupees Fifty Paisa Only) per share on equity shares for the financial year ended 31st March 2026

4. To appoint a director in place of Ms. Chitra Narendra Garg (DIN: 01784644), who retires by rotation and being eligible, offers herself for re-appointment

Special Business:

5. Ratification of Remuneration payable to Cost Auditor for Financial Year 2026-27

6. Approval for revision in remuneration of Mrs. Neelu Garg, a related party holding office or place of profit in the company

Meeting Proceedings

The meeting commenced at 02:00 PM with a welcome address by Ms. Chanchal Jaiswal. Mr. Prashant Garg chaired the proceedings and introduced all attendees. The Chairman addressed members on the company's vision, future growth, and performance during FY 2025-26.

The Notice of the 44th AGM dated August 14, 2026, and the Reports of Statutory Auditor and Secretarial Auditor were taken as read as they did not contain any qualification, observation or comment.

5 members had registered to speak at the AGM, with 3 actually speaking/raising queries on financial performance and other relevant matters. Questions were answered by Mr. Prashant Garg and Mr. Abhishek Mehta.

The meeting concluded at 02:45 PM after being open for 30 minutes for e-voting.

Voting Arrangements

Remote e-voting period commenced on Friday, September 04, 2026 at 09:00 AM and ended on Sunday, September 06, 2026 at 5:00 PM. CS Amit K. Rajkotiya, Practicing Company Secretary (FCS No. 5561, CP No. 5162) was appointed as Scrutinizer for scrutiny of votes.

Members who had not cast votes through remote e-voting were provided opportunity to vote through e-voting system of CDSL during the AGM.

Results Disclosure

The results of e-voting were to be disseminated to stock exchanges and uploaded on the company website within 48 hours from conclusion of the AGM. The Company Secretary was authorized to declare results within two working days.