Key Board Resolutions:

Financial Reporting & Governance:

  • Approved and adopted the Directors Report along with Management Discussion Analysis and Corporate Governance Report and all necessary annexures for FY 2025-26
  • Took on record the CEO & CFO Certificate, Code of Conduct Certificate and Corporate Governance Certificate as on March 31, 2026
  • Took on record the Secretarial Audit Report issued by M/s Zankhana Bhausali & Associates, Practicing Company Secretary for FY 2025-26
  • Took note on status of Statutory Registers maintained under Companies Act, 2013

Director Appointments:

  • Recommended to members for re-appointment of Mr. Nikhil Vinod Mehta (PIN: 00252482) as Director, who is retiring by rotation and offered himself for reappointment
  • Recommended to members for re-appointment of Mr. Tashwant Bhaichand Mehta (PIN: 00235845) as Director, who is retiring by rotation and offered himself for reappointment

Financial Matters:

  • Approved Related Party Transaction limit up to Rs. 100.00 Crores subject to shareholder's consent
  • Recommended resolution to shareholders to obtain their approval in the ensuing Annual General Meeting
  • Approved seeking member approval via Special Resolution for issuance of Non-Convertible Debentures (NCDs) and/or other debt securities on private placement basis
  • Approval covers one or more tranches within overall borrowing limits approved by members, subject to statutory and regulatory requirements

Corporate Governance:

  • Approved alteration of Articles of Association by insertion of new Article 95A relating to appointment of Nominee Director
  • Subject to member approval via Special Resolution at ensuing Annual General Meeting

Annual General Meeting Arrangements:

  • Approved 92nd Annual General Meeting scheduled for Thursday, July 23, 2026 at 11:30 A.M. through Video Conferencing
  • Fixed book closure period (Register of Members and Transfer Books) from July 17, 2026 to July 23, 2026
  • Appointed M/s Zankhana Bhansah & Associates (Proprietor: Zankhana Bhausali) as Scrutinizer for 92nd AGM
  • Approved Notice of 92nd AGM and authorized Whole Time Director/Company Secretary to issue notice and Annual Report to Members and Authorities
  • Authorized Mr. Kapil Purohit (Company Secretary) and Mr. Rajesh Loya (Whole Time Director) to be responsible for conducting 92nd AGM and entire e-voting process