AGM Details

The 17th Annual General Meeting will be held on Tuesday, 22nd September 2026 at 03:00 PM (IST) through Video Conferencing/Other Audio Visual Means without physical presence of members. The deemed venue is the Registered Office at 601-602, Peninsula Heights C.D, 6th Floor, Barfiwala Lane, Andheri (West), Mumbai - 400058, Maharashtra.

Ordinary Business Items

1. Adoption of Financial Statements

To receive, consider and adopt:

  • Standalone Audited Financial Statements for FY ended 31st March 2026 with reports of Board of Directors and Auditors
  • Consolidated Audited Financial Statements for FY ended 31st March 2026 with report of Auditors

2. Note of Interim Dividend

To note the interim dividend of ₹0.20 (20%) per equity share on 10,22,00,000 equity shares of face value ₹1 each, declared on 23rd March 2026 and paid for FY ended 31st March 2026.

3. Reappointment of Director

To reappoint Mr. Jai Gunvantraj Singhvi (DIN: 00408876) who retires by rotation and is eligible for reappointment. He currently holds 57,93,189 shares (5.67%) in the company.

Special Business Items

4-9. Related Party Transaction Approvals

Approval sought for material related party transactions with six subsidiaries and one entity in which the company has substantial interest and control:

Transaction Details (Common for all 7 entities):

  • Purchase of goods and materials: Up to ₹125 crore each year per entity
  • Sale of goods and materials: Up to ₹125 crore each year per entity
  • Tenure: Continuing until terminated
  • Basis of pricing: Prevailing market rates
  • Omnibus approval sought: Yes

Entity-specific Details:

1. URO Veneer World LLP (Subsidiary)

  • Country: India
  • Business: Trading of Wall Panels, PVC and Laminates
  • FY2025-26 transactions: ₹981.55 lakhs
  • Current FY transactions (until preceding quarter): ₹734.06 lakhs
  • Value as % of company's consolidated turnover: 36.43%
  • Related director: Mr. Pratik Gunvantraj Singhvi (Managing Director) is designated partner

2. Hues Ply Decor LLP (Subsidiary)

  • Country: India
  • Business: Trading of Wall Panels, PVC and Laminates
  • Company's capital contribution: ₹51,000 (51%)
  • Newly incorporated entity with no transaction history
  • Value as % of company's consolidated turnover: 36.83%
  • Related director: Mr. Jai Gunvantraj Singhvi (Executive Director & CFO) is designated partner

3. Europratik Intex LLP (Subsidiary)

  • Country: India
  • Business: Trading of Wall Panels, PVC and Laminates
  • FY2025-26 performance: Turnover ₹751.06 lakhs, PAT ₹113.35 lakhs, Net worth ₹124.70 lakhs
  • Value as % of related party's turnover: 1666.67%
  • Value as % of company's consolidated turnover: 36.83%
  • Related director: Mr. Jai Gunvantraj Singhvi (Executive Director & CFO) is designated partner

4. Euro Pratik Trade-FZCO (Foreign Subsidiary)

  • Business: Trading of Wall Panels and Laminates
  • Company shareholding: 100%
  • FY2025-26 performance: Turnover ₹145.73 lakhs, PAT (₹21.09) lakhs, Net worth ₹2.14 lakhs
  • Value as % of company's consolidated turnover: 36.83%
  • Related directors: Mr. Pratik Singhvi (MD) and Mr. Jai Singhvi (ED & CFO) are directors

5. Euro Pratik C Corp INC (Foreign Subsidiary)

  • Company shareholding: 84%
  • FY2025-26 performance: PAT (₹246.26) lakhs, Net worth ₹238.16 lakhs
  • Related director: Mr. Pratik Singhvi (Managing Director) is director

6. Chawla Brothers (Entity with substantial interest and control)

  • Country: India
  • Business: Trading in Wall Panels, Laminates, Venner other decorative
  • Company's capital contribution: 55%
  • Current FY transactions (until preceding quarter): ₹169.44 lakhs
  • No related directors/KMPs

10. Appointment of Secretarial Auditors

To appoint M/s. M Baldeva Associates, Company Secretaries, Mumbai as Secretarial Auditors for 5 consecutive financial years from FY2026-27 to FY2030-31.

  • Peer Review Certificate No.: 1436/2021
  • Audit fees for FY2026-27: ₹1,50,000 + GST
  • The firm has confirmed eligibility and absence of conflicts of interest

11. Appointment of Independent Director

To appoint Mr. Manish Sacheti (DIN: 01072819, ID Registration No.: IDDB-DI-202205-042709) as Independent Director for 5 years from 10th August 2026.

  • Qualifications: MBA in Finance (University of Pittsburgh), BSc Electrical Engineering (Illinois Institute of Technology)
  • Experience: 30+ years in finance & strategy across healthcare, financial services, manufacturing, and logistics
  • Remuneration: Sitting fees as approved by Board
  • Currently holds no shares in the company

Voting and Meeting Logistics

  • Cut-off date for voting eligibility: 15th September 2026
  • Remote e-voting period: 19th September 2026 (9:00 hrs) to 21st September 2026 (17:00 hrs)
  • Scrutinizer: CS Manish Baldeva of M/s. M Baldeva Associates
  • Results will be declared on company website (www.europratik.com) and MUFG website
  • The company has engaged MUFG Intime India Private Limited for conducting the AGM and facilitating e-voting

Financial and Operational Context

  • The company has 10,22,00,000 equity shares of face value ₹1 each
  • Listing fees for FY2026-27 paid to both BSE and NSE
  • The explanatory statements provide detailed financial metrics for each related party, including turnover percentages ranging from 36.43% to 36.83% of company's consolidated turnover
  • Justification for RPTs: To facilitate efficient utilization of resources and strengthen operational synergies