Meeting Details

The 21st Annual General Meeting was held on Friday, September 25, 2026, at 12:30 PM (IST) through Video Conferencing / Other Audio Visual Means facility. The meeting concluded at 01:22 PM (IST), including 15 minutes for e-voting post conclusion. The Registered Office at Mumbai was deemed to be the venue of the AGM.

Resolutions and Voting Process

Two ordinary resolutions were put to vote:

  • Resolution 1: To receive, consider and adopt the Annual Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with reports of the Board of Directors and Auditors thereon
  • Resolution 2: To re-appoint Mr. Mukesh Jindal (DIN: 02589636) as Non-Executive Non-Independent Director of the Company

Remote e-voting facility was provided from Tuesday, September 22, 2026 at 09:00 AM (IST) to Thursday, September 24, 2026 at 05:00 PM (IST). Members who had not voted remotely could vote during the AGM through e-voting facility which remained open for 15 minutes from the closure of the meeting.

Attendance and Participation

A total of 48 members attended the meeting. The following Directors and Key Managerial Personnel were present:

  • Mr. Mukesh Jindal (Relationship Committee)
  • Mr. Amit Singhal (Independent Director & Chairman of Audit Committee)
  • Mr. Prakash Vaghela (Independent Director)
  • Mr. Nagendra Bhandari (Executive Director and Chief Financial Officer, elected Chairman of the meeting)
  • Mr. Ronak Jatwala (Non-Executive Director)
  • Mr. Priyadarshan Garg (Chief Executive Officer)
  • Ms. Jyoti Upadhyay (Company Secretary & Compliance Officer)

Representatives of Statutory Auditors, Internal Auditor, Secretarial Auditors and Scrutinizer also attended through VC.

Key Disclosures and Presentations

The Annual Report for FY 2025-26 along with the Notice of the AGM had been sent electronically to all Members whose email IDs were registered, with physical copies dispatched to those who requested them.

The statutory auditor's report on Audited Financial Statements for the year ended March 31, 2026 contained qualification, which was read along with Board/Management Comments.

The secretarial audit report for the year ended March 31, 2026 contained deviations, which was read along with Board/Management Comments.

The Chairman addressed shareholders covering the industry scenario and financial performance. The CEO briefed shareholders on business performance and improvement steps.

Scrutinizer Appointment and Results

Ms. Mita Pushpal Sanghavi, Practicing Company Secretary, was appointed as Scrutinizer to scrutinize the e-voting process in a fair and transparent manner. The Scrutinizer's Report was received after conclusion of the AGM, and all resolutions were declared passed with requisite majority. The report will be submitted to Stock Exchanges within prescribed time and uploaded on the company website and NSDL.

Compliance Confirmation

The AGM was convened in compliance with MCA and SEBI circulars. The Company confirmed it had taken all necessary steps as per applicable law to enable participation through VC and facilitate e-voting. Statutory Registers and relevant documents were available for inspection electronically.