Meeting Details

The Thirty Second Annual General Meeting (32nd AGM) will be held on Tuesday, 25th August, 2026 at 10.00 a.m. through Video Conferencing (VC) or Other Audio Visual Means (OAVM) without physical presence of members. The deemed venue is the registered office at 58, Mittal Chambers, 228, Nariman Point, Mumbai – 400 021.

Ordinary Business Agenda

Item 1: Adoption of Financial Statements

To receive, consider and adopt:

  • Audited Standalone Annual Financial Statements for FY ended 31st March, 2026 with Reports of Board of Directors and Auditors
  • Audited Consolidated Annual Financial Statements for FY ended 31st March, 2026 with Report of Auditors

Requires ordinary resolution under Sections 129 and 134 of Companies Act, 2013.

Item 2: Dividend Declaration

To declare dividend on Equity Shares @ 12.5% i.e. ₹1.25 per Equity Share for financial year ended 31st March, 2026.

Dividend payment subject to:

  • Section 126 of Companies Act, 2013
  • Regulation 43 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
  • Shareholder list determination:
  • Physical shareholders: From list maintained by M/s. Bigshare Services Private Limited (RTA)
  • Demat shareholders: From lists maintained by NSDL and CDSL

Record Date fixed as Tuesday, 18th August, 2026 for determining members eligible to receive dividend.

Item 3: Director Reappointment

To appoint Mr. Dipan Mehta (DIN: 00115154) who retires by rotation and offers himself for re-appointment as Director. Requires ordinary resolution under Section 152(6) of Companies Act, 2013.

Item 4: Statutory Auditor Appointment

To appoint M/s. M. Parashar & Co., Chartered Accountants (ICAI Firm Registration No. 110954C) as statutory auditors in place of retiring auditor M/s. JMT & Associates, Chartered Accountants.

Key details:

  • M/s. JMT & Associates complete their term at conclusion of 32nd AGM (served since 23rd AGM held 26th August, 2017 - 9 years)
  • New appointment term: 5 years from conclusion of 32nd AGM until conclusion of 37th AGM
  • Remuneration: ₹50,000 + applicable taxes + out of pocket expenses (to be determined by Board)
  • Auditor confirmed eligibility under Section 141 of Companies Act and holds valid Peer Review Board certificate
  • No material change in fees compared to outgoing auditor

Requires ordinary resolution under Sections 139, 142 of Companies Act, 2013.

Special Business Agenda

Item 5: Whole Time Director Reappointment

To re-appoint Mrs. Radhika Mehta (DIN: 00112269) as Whole Time Director for term of 5 years commencing from 14th August, 2026 up to 13th August, 2031.

Key terms:

  • No remuneration payable (eligible for yearly increments subject to maximum ceiling under Section 197)
  • Qualifications: MMS from S.P. Jain Institute, Diploma in Securities Law
  • Experience: 30 years in capital markets, senior roles at HDFC Ltd. and J.M. Financial & Investment Consultancy
  • Current directorships: Elixir Equities Pvt. Ltd., Elixir Wealth Management Pvt. Ltd., Dipan Mehta Commodities Pvt. Ltd.
  • Shareholding: 10,100 equity shares (Promoter)
  • Board meeting attendance FY25-26: 5 out of 5 meetings

Requires ordinary resolution under Sections 196, 197, 198, 203 read with Schedule V of Companies Act, 2013.

Voting Arrangements

Remote E-Voting

  • Period: Saturday, 22nd August, 2026 (9:00 AM) to Monday, 24th August, 2026 (5:00 PM)
  • Agency: CDSL (Central Depository Services (India) Limited)
  • Cut-off date: Tuesday, 18th August, 2026

E-Voting During AGM

  • Available for shareholders attending meeting through VC/OAVM who haven't voted remotely

Scrutinizer Appointment

M/s. P. C. Shah & Co., Practicing Company Secretaries appointed as scrutinizer.

Dividend Tax Information

  • TDS rates: 10% for members with valid PAN, 20% for no PAN/invalid PAN
  • No TDS if total dividend during FY26-27 does not exceed ₹5,000 for resident individuals
  • Form 15G/15H required for lower/NIL withholding (PAN mandatory)
  • Non-resident shareholders: 20% + surcharge + cess or DTAA benefits with supporting documents
  • Documents must be submitted by Tuesday, 25th August, 2026 to hetal.mody@elixirequities.com

Unclaimed Dividend Information

  • ₹69,755/- (unclaimed dividend for FY ended 31st March, 2018) transferred to IEPF during FY25-26
  • Last dates for claiming unclaimed dividends:
  • FY2018-19: 28th September, 2026
  • FY2019-20: 25th November, 2027
  • FY2020-21: 30th September, 2028
  • FY2021-22: 29th September, 2029
  • FY2022-23: 30th September, 2030
  • FY2023-24: 30th September, 2031
  • FY2024-25: 30th September, 2032