Meeting Details

  • Date: September 30, 2026
  • Time: 12:30 P.M. to 1:30 P.M.
  • Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • Type: 22nd Annual General Meeting

Meeting Proceedings

  • Mr. Nitesh Kumar, Company Secretary, welcomed members and briefed them about meeting guidelines
  • Mr. Chandra Prakash Agrawal, Chairman and Managing Director, chaired the meeting
  • Quorum was present and meeting was called to order
  • Meeting conducted in compliance with MCA and SEBI circulars
  • Statutory registers and documents were available for inspection during the meeting
  • All directors, including chairpersons of Audit Committee, Stakeholders Relationship Committee, and Nomination and Remuneration Committee were present
  • Representatives of Statutory Auditors and Secretarial Auditors were present
  • Chairman delivered address covering company performance during FY 2025-26
  • Mr. Mayank Agrawal, CEO, briefed about operational efficiencies, sales, marketing, branding strategies and technology innovations
  • Notice and Board's Report were taken as read with shareholders' approval
  • Statutory Auditors' Report contained no qualifications, observations or adverse comments
  • Secretarial Audit Report contained no adverse qualifications or observations
  • First and last para of Auditors Report were read with permission of members

Resolutions Considered

Ordinary Business

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026, Audited Consolidated Financial Statements, and Reports of Board of Directors and Auditors

2. Appointment of Director in place of Mr. Prem Prakash Agrawal (DIN: 01397585) who retires by rotation under Section 152(6) of Companies Act, 2013

3. Declaration of final dividend @ 20% i.e. ₹2 per equity share of face value ₹10 each fully paid-up for FY ended March 31, 2026

Special Business

4. Appointment of M/s. Singhi & Co., Chartered Accountants, as Statutory Auditors in casual vacancy

5. Appointment of M/s. Singhi & Co., Chartered Accountants, as Statutory Auditors for 5 consecutive years

6. Approval of remuneration of Cost Auditors for FY ending March 31, 2027

7. Approval of material related party transaction with Gallantt Industry Private Limited

8. Approval of material related party transaction with Gallantt Lifespace Devlopers Private Limited

Voting Process

  • National Securities Depository Limited (NSDL) provided remote e-voting facility
  • Remote e-voting period: September 27, 2026 (9:00 a.m.) to September 29, 2026 (5:00 p.m.)
  • E-voting facility during meeting available for members who hadn't voted remotely
  • Mr. Anurag Fatehpuria, Company Secretary in Practice (M. No. A34471, C.P. No. 12855), appointed as Scrutinizer
  • Members registered as speakers (Mr. Santosh Saraf, Mr. Jaydip Bakshi, Mr. A.K. Pal, Mr. Reddeppa Gundluru) expressed views and sought clarifications
  • Chairman and officers responded to queries

Voting Outcomes and Compliance

  • Consolidated results of e-voting to be announced on or before October 2, 2026
  • Results will be intimated to Stock Exchanges and posted on company website and NSDL website
  • Meeting concluded with declaration of closure by Chairman
  • Compliance with Companies Act, 2013 and SEBI LODR Regulations confirmed