Meeting Details
The 53rd Annual General Meeting was held on Saturday, 29th August, 2026 at 1:00 PM at the Registered Office of the Company situated at Kanganwal Road V.P.O. Jugiana G.T. Road, Ludhiana-141120 Punjab. The required quorum was present.
Meeting Proceedings
Ms. Supreena Tagra, Company Secretary welcomed the gathering and requested Mr. Devinder Garg, Chairman and Managing Director to take the Chair. The Chairman welcomed shareholders and delivered his speech providing an overview of the financial performance for the financial year ended March 31, 2026.
Shareholders were given opportunity to raise queries on the Financial Statements and other business items, which were addressed by the Chairman. Statutory Registers as required under the Companies Act, 2013 were made available for inspection by shareholders.
Business Items Considered
The following resolutions were presented for shareholder approval:
Ordinary Business:
1. To receive, consider and adopt the Financial Statements for the financial year ended on 31.03.2026 and the Reports of Board of Directors and Auditors thereon (Ordinary Resolution)
2. To appoint Director in place of Smt. Vaneera Garg (DIN: 01283990) who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 (Ordinary Resolution)
Special Business:
3. Re-appointment of Cost Auditors of the Company (Ordinary Resolution)
4. To approve Material Related Party Transactions of the Company (Ordinary Resolution)
5. Issue of warrants convertible into equity shares to the proposed allottees, on a preferential basis (Special Resolution)
Voting Process
Electronic voting facility was provided pursuant to Section 108 of the Companies Act, 2013 and Regulation 44 of SEBI (LODR) Regulations, 2015. Remote e-voting commenced on Wednesday, 26th August, 2026 (9:00 AM IST) and ended on Friday, 28th August, 2026 (5:00 PM IST). Facility for voting through ballot paper was also provided at the AGM venue.
Mrs. Pooja Damir Miglani, Proprietor of M/s. PDM & Associates, Practicing Company Secretary, Ludhiana was appointed as Scrutinizer to conduct the remote e-voting and voting by ballot process.
Meeting Conclusion
The meeting concluded at 1:30 PM. The consolidated results of voting (remote e-voting and ballot voting) will be submitted to BSE Limited in the prescribed format under Regulation 44(3) of SEBI (LODR) Regulations, 2015 and uploaded on the company's website and CDSL website.