Event Disclosure
Gagan Gases Limited has intimated about its 40th Annual General Meeting (AGM) to be held on Saturday, 26th September 2026 at 10:00 AM. The meeting will take place at the company's registered office at Plot no 40, Scheme no 78, Part II, Vijaynagar, Indore, Madhya Pradesh-452010.
AGM Agenda
Ordinary Business
1. To consider, approve and adopt the Audited Statement of Profit & Loss for the year ended 31st March, 2026 and Balance Sheet as on 31st March, 2026, along with the reports of the Board of Directors and Auditors.
2. To appoint a Director in place of Shri K.R Maheshwary (DIN: 00786402) who retires by rotation. He has offered himself for re-appointment as a Director of the company. The proposed resolution is an ordinary resolution for his re-appointment as Director liable to retire by rotation.
Special Business
3. Re-appointment of Mr. Dinesh Kumar Randhar as an Independent Director for a term of 03 (Three) consecutive years commencing from 26th September, 2026 and ending on 26th September, 2029.
The resolution specifies that his appointment is:
- Pursuant to Sections 149, 150, 152 and other applicable provisions of the Companies Act, 2013
- Read with Schedule IV to the Act and the Companies (Appointment and Qualification of Directors) Rules, 2014
- In compliance with Regulation 25 and other applicable provisions of SEBI LODR Regulations, 2015
- Not liable to retire by rotation
The Board has noted the recommendation of the Nomination and Remuneration Committee (NRC) for his re-appointment. Based on declarations and disclosures submitted, the Board confirms that Mr. Randhar (DIN: 08646283) fulfils the independence criteria under Section 149(6) of the Companies Act and Regulation 16(1)(b) of SEBI LODR Regulations.
The Board considered his performance evaluation, contribution, knowledge, expertise, experience and continued association with the Company, and believes his continued appointment is in the best interests of the Company and its stakeholders.
The Board confirms that Mr. Randhar is not disqualified from being re-appointed as a director under the provisions of the Act or any other applicable law and has given his consent to act as an Independent Director.
Authorization
The Managing Director of the Company is authorized to:
- Finalize the AGM notice
- Make necessary disclosures to Stock Exchanges
- File requisite forms and returns with Registrar of Companies and other statutory/regulatory authorities
- Take all necessary actions to give effect to the resolutions
- Issue certified true copies of the resolution as required