Key Dates
- Cut-off Date for voting eligibility: September 11, 2026
- Postal Ballot Notice dispatch date: September 18, 2026
- E-voting period: September 19, 2026 (9:00 AM) to October 18, 2026 (5:00 PM)
- Results declaration: Within two working days after e-voting conclusion
Resolutions Proposed
Item 1: Appointment of Mr. Vipin Sharma (DIN: 01739519)
- Ordinary Resolution for appointment as Executive, Non-Independent Director
- Age: 60 years, Qualification: B.A. (Arts Graduate)
- Experience: Over three decades in pharmaceuticals, perfumery, FMCG and tobacco
- Remuneration: ₹3,00,000 per month (₹36,00,000 per annum)
- Shareholding: 16,00,00,000 Equity Shares
- Other directorships: 4 companies, 1 LLP
Item 2: Appointment of Mr. Pradeep Kumar (DIN: 00209355)
- Ordinary Resolution for appointment as Executive, Non-Independent Director
- Age: 53 years, Qualification: B.Tech. in Production Engineering
- Experience: 28 years (23 years in construction/infrastructure, 5 years in tobacco)
- Remuneration: ₹2,50,000 per month (₹30,00,000 per annum)
- Shareholding: Nil
- Other directorships: 2 companies, 1 LLP
Item 3: Appointment of Mr. Pradeep Kumar as Managing Director
- Ordinary Resolution for appointment as MD for 5 years (August 14, 2026 to August 13, 2031)
- Basic salary: ₹1,25,000 per month with total remuneration of ₹2,50,000 per month
- No commission or performance-linked remuneration
- Minimum remuneration provision in case of absence/inadequacy of profits
Item 4: Appointment of Ms. Prachi Gupta (DIN: 11238675)
- Special Resolution for appointment as Non-Executive Independent Woman Director
- Age: 28 years, Qualification: B.Com., Company Secretary (ACS 71366)
- Term: 5 years (August 14, 2026 to August 13, 2031)
- Remuneration: Sitting fees only, no stock options
- Shareholding: Nil
- Other directorships: 4 companies
Item 5: Appointment of Ms. Nisha (DIN: 11845122)
- Special Resolution for appointment as Non-Executive Independent Director
- Age: 31 years, Qualification: Commerce professional
- Experience: 7 years in accounting, financial reporting, taxation
- Term: 5 years (August 14, 2026 to August 13, 2031)
- Remuneration: Sitting fees only, no stock options
- Shareholding: Nil
- Other directorships: 1 company
Item 6: Appointment of Mr. Suraj Singh (DIN: 11168488)
- Special Resolution for appointment as Non-Executive Independent Director
- Age: 27 years, Qualification: Graduate
- Experience: Entrepreneurial and business management
- Term: 5 years (August 14, 2026 to August 13, 2031)
- Remuneration: Sitting fees only, no stock options
- Shareholding: Nil
- Other directorships: 0
Item 7: Appointment of Mr. Paramjeet Singh Gulati (DIN: 11882713)
- Ordinary Resolution for appointment as Executive, Non-Independent Director
- Qualification: Post Graduate
- Experience: Entrepreneur with diversified business exposure
- Remuneration: ₹2,00,000 per month (₹24,00,000 per annum)
- Shareholding: Nil
- Other directorships: 0
Voting Process
- Remote e-voting through Bigshare Services Private Limited's i-Vote platform
- Members can vote through demat accounts (CDSL/NSDL) or directly on i-Vote website
- Scrutinizer: Mr. Neeraj Bajaj, Practising Company Secretary
- Results will be placed on company website and submitted to BSE
Financial Impact
Remuneration commitments aggregate to ₹90,00,000 per annum for executive directors (Vipin Sharma: ₹36L, Pradeep Kumar: ₹30L, Paramjeet Gulati: ₹24L). Independent directors will receive sitting fees only.
Shareholder Information
- Notice available at www.eliteconinternational.com and https://ivote.bigshareonline.com
- Members must have shares as of September 11, 2026 cutoff date to vote
- Helpdesk contacts provided for technical voting assistance