Futuristic Solutions Limited has issued notice for its 43rd Annual General Meeting to be held on Thursday, August 20, 2026 at 12:00 PM IST through video conferencing (VC) and other audio visual means (OAVM). The meeting will be conducted in accordance with MCA General Circular Nos. 14/2020, 17/2020, 20/2020, and subsequent circulars including 10/2022 dated December 28, 2022.

Ordinary Business

1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with reports of Directors and Auditors

2. To re-appoint Mrs. Sangeeta Sandhu (DIN: 00115443) as Director who retires by rotation

Special Business

3. Re-Appointment of Secretarial Auditor: Special resolution to re-appoint M/s Kumar Rajesh & Associates, Practicing Company Secretaries (holding valid Peer Review Certificate from ICSI), as Secretarial Auditor for a continuous fixed term of 5 consecutive financial years from FY 2026-2027 to FY 2030-2031. Remuneration to be mutually agreed between Board and auditor. Board approved this appointment at meeting held on April 29, 2026.

4. Appointment of Independent Director: Ordinary resolution to appoint Mr. Parmjit Singh (DIN: 11807174) as Independent Director for a term of 5 years from July 20, 2026 to July 19, 2031. Appointment based on recommendation of Nomination and Remuneration Committee and Stakeholder Committee. Mr. Singh has submitted declaration of independence as per Section 149(6) of Companies Act, 2013 and Regulation 16(1)(b) of SEBI LODR Regulations.

5. Revision in Remuneration of Managing Director: Special resolution to revise remuneration of Mr. Mandeep Sandhu, Managing Director, from ₹21,00,000 per annum to ₹27,00,000 per annum with effect from April 1, 2026 for the remainder of his existing term. Board approved this revision at meeting held on April 29, 2026 based on recommendation of Nomination and Remuneration Committee.

Additional Information

  • The Register of Members and Share Transfer Books will remain closed from August 14, 2026 to August 20, 2026 (both days inclusive)
  • Remote e-voting period: August 17, 2026 (9:00 AM) to August 19, 2026 (5:00 PM)
  • Cut-off date for voting: August 13, 2026
  • Scrutinizer: M/s Kumar Rajesh & Associates, Practicing Company Secretaries
  • Results to be declared within two working days from conclusion of AGM
  • Unpaid dividend details: FY2023 dividend (declared June 26, 2023) to be transferred to IEPF on July 27, 2030; FY2024 dividend (declared July 20, 2024) to be transferred to IEPF on August 27, 2031
  • All documents referred to in notice available for electronic inspection by members
  • Members can participate via VC/OAVM 15 minutes before and after scheduled meeting time
  • Facility available for first 1000 members on first-come-first-served basis (excluding large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, auditors)