Nature of Event

Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding notice of an Extraordinary General Meeting (EOGM) to be held on June 25, 2026.

Key Quantitative Figures and Dates

  • EOGM Date: Thursday, June 25, 2026 at 12:30 PM IST
  • Cut-off date for e-voting: Thursday, June 18, 2026
  • Remote e-voting period: Monday, June 22, 2026 (9:00 AM IST) to Wednesday, June 24, 2026 (5:00 PM IST)
  • Financial Performance (FY 2025-26):
  • Gross Turnover & Other Income: ₹4,47,851.60 Lakhs
  • Net Profit After Tax: ₹48,456.05 Lakhs
  • Net Profit per Section 198: ₹60,404.08 Lakhs
  • Net Worth: ₹3,31,623.97 Lakhs

Parties Involved

  • Stock Exchanges: BSE Limited and National Stock Exchange of India Limited
  • Registrar & Transfer Agent: Niche Technologies Private Limited
  • E-voting Service Provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: Mr. Anurag Fatehpuria (Practicing Company Secretary)
  • Proposed Appointees:
  • Mr. Dindayal Jalan (DIN: 00006882) - Proposed Whole-time Director
  • Mr. Atul Kumar Gupta (DIN: 01734070) - Proposed Independent Director
  • Mr. Sanjay Kumar Jain (DIN: 11692582) - Proposed Independent Director
  • Mr. Kishore Pariyar (DIN: 10767484) - Proposed Independent Director
  • Existing Key Managerial Personnel:
  • Mr. Chandra Prakash Agrawal (DIN: 01814318) - Chairman & Managing Director
  • Mr. Prem Prakash Agrawal (DIN: 01397585) - Whole-time Director
  • Mr. Nitin Mahavir Prasad Kandoi (DIN: 01979952) - Whole-time Director
  • Mr. Mayank Agrawal - Chief Executive Officer

Resolutions and Remuneration Details

Item 1: Appointment of Mr. Dindayal Jalan as Director (Ordinary Resolution)

  • Currently Additional Director since April 01, 2026
  • Appointment as Director liable to retire by rotation
  • Holds 10,000 equity shares in the Company

Item 2: Appointment of Mr. Dindayal Jalan as Whole-time Director (Special Resolution)

  • Term: 5 years from April 01, 2026 to March 31, 2031
  • Designation: Vice-Chairman
  • Remuneration:
  • Salary: ₹1,00,000 per annum (subject to revision)
  • No commission
  • Use of car, telephone, reimbursement of business expenses (not treated as perquisites)
  • Entitled to gratuity and encashment of leave as per company rules
  • Minimum remuneration payable even in case of loss/inadequacy of profits

Item 3: Appointment of Mr. Atul Kumar Gupta as Independent Director (Special Resolution)

  • Term: 5 years from April 01, 2026 to March 31, 2031
  • Age: 74 years (will turn 75 during term, requiring special approval)
  • Qualifications: Retired IAS officer (1974 batch, UP cadre), Former Chief Secretary of Uttar Pradesh
  • Holds 4,183 equity shares in the Company
  • Remuneration: Sitting fees only

Item 4: Appointment of Mr. Sanjay Kumar Jain as Independent Director (Special Resolution)

  • Term: 2 years from May 05, 2026 to May 04, 2028
  • Age: 56 years
  • Qualifications: Chartered Accountant, Cost and Management Accountant, LL.B.
  • No shareholding disclosed
  • Remuneration: Sitting fees only

Item 5: Appointment of Mr. Kishore Pariyar as Independent Director (Special Resolution)

  • Term: 2 years from May 05, 2026 to May 04, 2028
  • Age: 62 years
  • Qualifications: Former Chief General Manager & Regional Director at RBI
  • No shareholding disclosed
  • Remuneration: Sitting fees only

Item 6: Increase in Remuneration of Mr. Chandra Prakash Agrawal (Special Resolution)

  • Chairman & Managing Director
  • New remuneration effective April 01, 2026:
  • Salary: ₹7,50,000 per month (Apr 2026-Mar 2027), increasing to ₹8,00,000 in Apr 2027, with annual increments of ₹50,000 up to ₹10,00,000
  • Perquisites: Medical reimbursement, LTC, club fees, insurance premium (max ₹5,00,000 per year)
  • No commission
  • Past remuneration (FY 2025-26): ₹70.75 Lakhs

Item 7: Increase in Remuneration of Mr. Prem Prakash Agrawal (Special Resolution)

  • Whole-time Director
  • New remuneration effective April 01, 2026:
  • Salary: ₹7,50,000 per month (Apr 2026-Mar 2027), increasing to ₹8,00,000 in Apr 2027, with annual increments of ₹50,000 up to ₹10,00,000
  • Perquisites: Medical reimbursement, LTC, club fees, insurance premium (max ₹5,00,000 per year)
  • No commission
  • Past remuneration (FY 2025-26): ₹66.00 Lakhs

Item 8: Increase in Remuneration of Mr. Nitin Mahavir Prasad Kandoi (Special Resolution)

  • Whole-time Director
  • New remuneration effective April 01, 2026:
  • Salary: ₹7,50,000 per month (Apr 2026-Mar 2027), increasing to ₹8,00,000 in Apr 2027, with annual increments of ₹50,000 up to ₹10,00,000
  • Perquisites: Medical reimbursement, LTC, club fees, insurance premium (max ₹5,00,000 per year)
  • No commission
  • Past remuneration (FY 2025-26): ₹72.00 Lakhs

Item 9: Increase in Remuneration of Mr. Mayank Agrawal (Special Resolution)

  • Chief Executive Officer
  • New remuneration effective April 01, 2026:
  • Salary: ₹7,50,000 per month (Apr 2026-Mar 2027), with annual increment of ₹50,000 from April 2027
  • Perquisites: Medical reimbursement, LTC, club fees, insurance premium (max ₹5,00,000 per year)
  • No commission
  • Related party transaction (son of Mr. Chandra Prakash Agrawal)

Voting Arrangements

  • Remote e-voting through NSDL platform
  • Cut-off date: June 18, 2026
  • Voting period: June 22-24, 2026
  • Scrutinizer: Mr. Anurag Fatehpuria
  • Results to be declared within 2 days of meeting conclusion

Additional Information

  • Company business: Manufacture of TMT Rebars
  • All relevant documents available on company website for inspection