Meeting Details

  • Date: Wednesday, September 30, 2026
  • Time: 04:00 PM IST
  • Location: Conducted through Video Conference / Other Audio-Visual Means (VC/OAVM)
  • Type: 32nd Annual General Meeting

Attendees

Directors and Key Management Personnel Present:

  • Prabhat Sethia - Executive Director & Chief Financial Officer
  • Rutvikbhai Mukeshbhai Beladiya - Joint Managing Director
  • Vallam Setty Raghuram - Non-Executive Non-Independent Director
  • Pratik Bharatbhai Panchal - Independent Director
  • Smitaben Suthar - Independent Director
  • Harimohan Namdev - Company Secretary and Compliance Officer

Representatives Present:

  • M/s KPSJ & Associates LLP - Statutory Auditor
  • M/s Sachin Singh & Associates - Secretarial Auditor
  • M/s Kandula & Associates - Internal Auditor
  • M/s. Pitroda Nayan & Co. - Scrutinizer

Proceedings Summary

Mr. Harimohan Namdev, Company Secretary and Compliance Officer, welcomed shareholders and confirmed the meeting was conducted through VC/OAVM in compliance with MCA circulars (14/2020, 17/2020, 20/2020, 33/2020, 39/2020, 10/2021, 20/2021, 10/2022, 09/2023, 03/2025) and SEBI circular SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167 dated October 07, 2023.

Mr. Rutvikbhai Mukeshbhai Beladiya was elected as Chairman of the Meeting. Quorum was confirmed under Section 103 of the Companies Act, 2013, with proxy facilities dispensed with for the virtual meeting.

Voting Process

The company provided E-voting facility (Remote e-voting and AGM e-voting) for all business items. M/s PNK & Co. (Formerly Known as M/s. Pitroda Nayan & Co.), Practicing Company Secretary, was appointed as Scrutinizer to scrutinize the voting process in a fair and transparent manner.

Resolutions Transacted

Ordinary Business:

1. Adoption of Standalone and Consolidated Financial Statements for FY ended March 31, 2026, including Balance Sheet, Statement of Profit and Loss, Cash Flow Statement, and Reports of Board of Directors and Auditors - Ordinary Resolution

2. Not to fill vacancy caused by retirement of Mr. Vallam Setty Raghuram [DIN: 08037371] who retires by rotation and does not seek reappointment - Ordinary Resolution

3. Re-Appointment of Mr. Prabhat Sethia (DIN: 00699415) as Director liable to retire by rotation - Ordinary Resolution

4. Reappointment of M/s. KPSJ & Associates LLP as Statutory Auditors - Ordinary Resolution

Special Business:

5. Appointment of M/s. Jigar Trivedi & Co. as Secretarial Auditors for up to 5 consecutive years - Ordinary Resolution

6. Appointment/Regularization of Mr. Pratik Bharatbhai Panchal (DIN: 10721812) as Independent Director for first term of five consecutive years - Special Resolution

7. Appointment/Regularization of Ms. Smitaben Suthar (DIN: 10721816) as Independent Director for first term of five consecutive years - Special Resolution

8. Change in designation of Mr. Rutvikbhai Mukeshbhai Beladiya (DIN: 10726964) from Non-Executive Non-Independent Director to Joint Managing Director - Special Resolution

Question and Answer Session

The Company Secretary conducted a Question and Answer session where members raised queries regarding matters placed before the Meeting.

Approval and Conclusion

All resolutions were deemed to be passed with requisite majority on September 30, 2026. The meeting concluded with a vote of thanks at 04:53 PM.

Compliance Note

The company will separately intimate voting results to stock exchanges and upload them on the company website.