Meeting Details
The 45th Annual General Meeting will be held on Friday, 11th September, 2026 at 04:00 P.M. through Video Conferencing and Other Audio-Visual Means (VC/OAVM). The registered office at 205, Enterprise Centre, Off Nehru Road, Beside Orchid Hotel, Vile Parle (East) Mumbai-400099, Maharashtra, India is deemed to be the venue.
Ordinary Business Items
Item 1: To receive, consider and adopt the Audited Financial Statements for the Year Ended 31st March, 2026 along with notes thereon and the reports of board of directors and auditors thereon.
Item 2: To appoint Mr. Satyaprakash Pathak (DIN: 00884844) who retires by rotation as a Non-Executive Non-Independent Director. His profile details include:
- Age: 60 Years
- Date of Birth: 10/05/1966
- Qualifications: Graduate
- Experience: Expertise in Finance, Account, Auditing & Taxation
- Date of first appointment: 30/09/2013
- Shareholding: 12,234 Equity Shares
- Meetings attended during 2025-26: 06
- Other Directorships: Nil
Special Business Items
Item 3: Approval for payment of Guarantee Fee to Mr. Lancy Barboza, Managing Director
- Maximum amount: ₹50,00,000/- (Rupees Fifty Lakh only) per annum
- Purpose: Consideration for personal guarantee(s) furnished/to be furnished for Company's credit facilities and borrowing arrangements with ICICI Bank Limited and other lenders
- Separate from and in addition to regular remuneration as Managing Director
- Fee accrues only during period when personal guarantee remains valid and effective
- Requires approval under Section 188 of Companies Act, 2013 and Regulation 23 of SEBI LODR Regulations
- Source of funds: Internal accruals/available funds of the Company
- Approved by Nomination and Remuneration Committee and Audit Committee
Item 4: Approval for payment of Guarantee Fee to Mrs. Anita Lancy Barboza, Non-Executive Non-Independent Director
- Maximum amount: ₹50,00,000/- (Rupees Fifty Lakh only) per annum
- Purpose: Consideration for personal guarantee(s) furnished/to be furnished for Company's credit facilities
- Separate from and in addition to sitting fees as Director
- Same terms and conditions as Item 3 above
- Source of funds: Internal accruals/available funds of the Company
- Approved by relevant committees of the Board
Voting Arrangements
- Remote e-voting period: Tuesday, 08th September, 2026 at 09:00 A.M. to Thursday, 10th September, 2026 at 05:00 P.M.
- Cut-off date for voting eligibility: Friday, 04th September, 2026
- Register of Members and Transfer Books will remain closed from Saturday, 05th September, 2026 to Friday, 11th September, 2026 (both days inclusive)
- Scrutinizer appointed: HD And Associates, Practicing Company Secretary
- E-voting agency: Central Depository Services (India) Limited (CDSL)
Related Party Transaction Disclosures
For both Mr. Lancy Barboza and Mrs. Anita Lancy Barboza:
- Nature of Relationship: Managing Director/Related Party and Director/Related Party respectively
- Nature of Transaction: Payment of guarantee fee for personal guarantees
- Maximum Amount: ₹50,00,000/- per annum each
- Tenure: During period when personal guarantee remains valid and effective
- Materiality under Regulation 23: To be determined based on aggregate RPT computation
- Interest: Both directors are concerned/interested to the extent of guarantee fee payable
Additional Information
- Notice sent to shareholders via email and available on company website: http://www.flomicgroup.com/
- Registrar and Share Transfer Agent: Adroit Corporate Services Pvt. Ltd
- Members can submit queries until Tuesday, 01st September, 2026 to cs@flomicgroup.com
- Facility available for at least 1000 members on first-come-first-served basis, excluding large shareholders, promoters, institutional investors, directors, KMPs, and committee chairpersons