Meeting Details

  • Date: Saturday, 26th September, 2026
  • Time: 11:35 A.M. to 12:50 PM
  • Location: Registered office of the company at Sr. No. 55/1 P6/P1/P1, Near Shree Stamping, AT: Sadak Pipaliya, TA: Gondal-360311, Dis: Rajkot, Gujarat
  • Type: Annual General Meeting

Attendees

Board of Directors Present:

  • Mr. Hiralal Tilva, Chairman & Managing Director [DIN: 00022539]
  • Mr. Rakesh Patel, Managing Director [DIN: 00510990]
  • Mrs. Sheetal Chaniara, Wholetime Director
  • Mrs. Parulben Patel, Wholetime Director
  • Mr. Jasubhai K. Patel, Director (Independent)
  • Mr. Rameshbhai G. Dhingani, Director (Independent)

Key Managerial Personnel:

  • Mrs. Avni Dadhaniya, Chief Financial Officer
  • Mrs. Drashti Hardik Bhuva, Company Secretary & Compliance Officer [M. No. A58976]

Auditor:

  • Ms. Purvi Dave, Partner of MJP Associates, Practicing Company Secretaries, Rajkot – Secretarial Auditor

Resolutions and Business Conducted

Ordinary Business:

1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended on 31st March, 2026 and the reports of the Board of Directors and Auditors thereon. (Ordinary Resolution)

2. To appoint Mr. Rakesh Chhaganlal Patel, Managing Director [DIN: 00510990], who retires by rotation at this meeting as a director and being eligible, offers himself for re-appointment. (Ordinary Resolution)

Special Business:

3. Re-appointment of Mr. Nayankumar Karshanbhai Virparia, [DIN: 03297965] as an independent director of the company for a second term. (Special Resolution)

4. To consider and approve Increase in authorized share capital of the company from Rs. 35,00,00,000/- (Rupees Thirty-Five crores only) To Rs. 85,00,00,000/- (Rupees Eighty-Five crores only). (Ordinary Resolution)

5. Alteration in Clause V (i.e. Capital Clause) of the Memorandum of Association of the company. (Special Resolution)

6. Alteration in Clause III [A] i.e. Main Object Clause of Memorandum of Association of the Company. (Special Resolution)

Voting Process

  • Remote e-Voting: Provided through MUFG Intime India Private Limited (e-voting Agency)
  • Voting Period: Commenced on 23rd September, 2026 at 09:00 AM and concluded on 25th September, 2026 at 05:00 PM
  • Physical Voting: Voting through poll papers was available at the venue for members who did not vote via remote e-voting
  • Scrutinizer: CS Purvi Dave, Partner of MJP Associates, Practicing Company Secretaries, Rajkot was appointed to scrutinize both remote e-voting and polling at the venue

Voting Results Announcement

The details of voting results on all resolutions along with Scrutinizer Report were to be announced within two working days of the conclusion of the meeting. The results were to be intimated to the Stock Exchange and uploaded on the company website at www.gangaforging.com.

Additional Proceedings

  • The Notice of the Meeting along with Annual Report for FY 2025-26 was emailed to shareholders with registered email IDs, while physical letters with weblink were sent to others
  • All statutory registers and documents referred to in the notice were available for electronic inspection during the meeting
  • The Chairman delivered a speech on the company's performance during FY 2025-26
  • Mr. Rakesh Patel, Managing Director, shared information about future business expansion
  • The reports from Statutory Auditor and Secretarial Auditor contained no qualifications, reservations or adverse remarks
  • Shareholders were given opportunity to seek clarifications and comments on business items

Compliance and Signatories

  • The proceedings were signed by Drashti Hardik Bhuva, Company Secretary & Compliance Officer [M. No. A58976]
  • The document confirms compliance with SEBI Listing Regulations and Companies Act, 2013 requirements