Meeting Details
The 40th Annual General Meeting of Eurotex Industries and Exports Limited was held on Friday, 18th September, 2026 at 09:30 A.M. through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in compliance with circulars issued by Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI).
Attendance
- 35 members were present at the meeting
- Quorum requirement was met
- Directors present: Shri Narayan Patodia, Shri Ashwinikumar L. Dave, Smt. Vrushali Mhatre, Shri Sanjay Shrinarayan Baldua
- Shri Rajiv Patodia, Executive Director & CFO, served as Chairman
- Representatives present: Shri A M Hariharan (M/s. Lodha & Co., Statutory Auditors), Mr. Aabid Mohammed (M/s. Aabid & Co., Company Secretaries, serving as Scrutinizer)
Voting Arrangements
- Remote e-Voting was conducted through Central Depository Services (India) Limited (CDSL) from 9:00 a.m. on Tuesday, 15th September, 2026 to 5:00 p.m. on Thursday, 17th September, 2026
- E-Voting platform remained open for an additional 15 minutes during the meeting for members who hadn't voted remotely
Agenda Items and Outcomes
Ordinary Business
1. Adoption of Financial Statements: Resolution passed for adoption of Audited Balance Sheet as at 31st March 2026, Statements of Profit and Loss, Cash Flow Statements for year ended 31st March 2026, together with Directors' Report and Auditors' Reports
2. Director Re-appointment: Resolution passed for re-appointment of Shri Rajiv Siotia (DIN: 00026711) who retired by rotation and was eligible for re-appointment
Special Business
3. Preference Share Redemption Terms Alteration: Resolution passed for variation and alteration of redemption terms of 50,00,000 (Fifty Lakhs) 6% Non-Cumulative Non-Convertible Redeemable Preference Shares of ₹10/- each, aggregating to ₹5,00,00,000/-
4. Register of Members Location: Resolution passed for maintaining Registers of Members of the Company at a place other than the registered office
5. Director Regularization: Resolution passed for regularisation of appointment of Mr. Sanjay Shrinarayan Baldua (DIN: 06924268) as Non-Executive Non-Independent director
Additional Information
- All resolutions were passed by requisite majority
- Shareholders were given opportunity to speak and were addressed by the Chairman
- Physical copies of Annual Report were dispatched to members who specifically requested them
- Statutory Auditors' Report for FY 2025-26 had no qualification, adverse remark or observation
- Secretarial Audit Report for FY 2025-26 had no qualification, adverse remark or observation
- Results of e-Voting and Scrutinizer's Report will be placed on company website (www.eurotexgroup.in) and stock exchange websites (www.nseindia.com, www.bseindia.com)
Meeting Duration
The meeting commenced at 09:30 A.M. and concluded at 10:00 A.M.