Meeting Details

The 29th Annual General Meeting was held on Monday, August 31, 2026 at 04:00 P.M. (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting concluded at 05:00 P.M. (IST), including 15 minutes allocated for e-voting. The venue was deemed to be the Registered Office of the Company.

Voting Mechanism

The Company provided remote e-voting facility through MUFG Intime India Private Limited (MIIPL) portal. Remote e-voting commenced on Friday, August 28, 2026 from 9:00 A.M. (IST) and ended on Sunday, August 30, 2026 at 5:00 P.M. (IST). Facility for e-voting during the AGM was also provided for members who had not cast votes through remote e-voting.

Key Participants

  • Mr. Gaurav Goyal, proprietor of M/s Gaurav G & Associates, Practicing Company Secretaries (M. No. F-13147) was appointed as Scrutinizer
  • Mr. Paras Bhatia, Partner of M/s Ravi Sharma & Co, Statutory Auditor
  • All Directors attended the meeting
  • Mr. Mahesh Chandra Agrawal (DIN: 00062259), Chairman of Audit Committee and Nomination and Remuneration Committee
  • Mr. Sushil Kumar Wali (DIN: 00044890), Chairman of Stakeholder Relationship Committee

Agenda Items Transacted

Ordinary Business:

1. To receive, consider and adopt the Audited Standalone Financial Statements for financial year ended March 31, 2026 together with Reports of Board of Directors and Auditors (Ordinary Resolution)

2. To appoint director in place of Mr. Purushottam Dass Goel (DIN: 01134075) who retires by rotation and is eligible for reappointment (Ordinary Resolution)

Special Business:

3. To Regularize Additional Director Mr. Sushil Kumar Wali (DIN: 00044890) as an Independent Director of the Company (Special Resolution)

4. To Ratify the Remuneration of the Cost Auditor of the Company (Ordinary Resolution)

5. To consider and approve increase in existing borrowing power of Board of Directors u/s 180(1)(c) of Companies Act, 2013 (Special Resolution)

6. To consider and approve increase in existing granting power of Board of Directors u/s 180(1)(a) of Companies Act, 2013 (Special Resolution)

Director Regularization Details

Mr. Sushil Kumar Wali was regularized as Director (Non-Executive, Independent) from Additional Director (Non-Executive, Independent). Appointment term: 3 years from March 18, 2026 to March 17, 2029.

Director Profile

Mr. Sushil Kumar Wali is a Chemical Engineer with Distinction and Cement Technologist with over 45 years of experience in cement and manufacturing sector. Previously served as Whole-Time Director of JK Lakshmi Cement Ltd., with expertise in production capacity scaling, sustainability initiatives, and technological advancements. He has undergone advanced management training from reputed national and international institutions.

Governance Disclosures

  • Mr. Sushil Kumar Wali is not related to any Director or Key Managerial Personnel of the Company
  • Mr. Sushil Kumar Wali is not debarred from holding office of Director by virtue of any SEBI order or any other authority

Financial Reporting Status

The Company Secretary informed that there are no qualifications, observations, or adverse remarks in the report of Statutory Auditors. However, qualifications were noted in the report of Secretarial Auditor.

Quorum and Procedures

Requisite quorum was present throughout the meeting. Financial statements, statutory auditor's report, secretarial audit report, registers and documents were available for electronic inspection during the meeting.

Results Declaration

The scrutinizer's report on voting results will be submitted within stipulated time, after which results will be declared as per statutory time limits and intimated to stock exchanges and posted on company website.

#Tags: #GoelConstruction #AGM #SEBIDisclosure #RegulatoryCompliance #CorporateGovernance #Neutral