Meeting Details

The Fifty-Second Annual General Meeting (AGM) of GRP Limited was held on Thursday, 23rd July, 2026 at 12:30 P.M. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The Registered office of the Company situated at Plot No.8, GIDC Estate, Ankleshwar - 393 002 Dist. Bharuch, Gujarat, was deemed as the venue for this AGM.

Attendance

Directors Present:

  • Mr. Saurabh Shah (Independent Director & Chairman of Audit Committee & Stakeholders Relationship Committee) - participated electronically
  • Mrs. Hemal Gandhi (Executive Director)
  • Mr. Vivek Asrani (Independent Director and Chairman of Nomination & Remuneration Committee) - participated electronically
  • Mr. Belur Krishna Murthy Sethuram (Independent Director and Chairperson of Risk Management Committee)

In Attendance:

  • Ganesh Ghangurde (Chief Compliance Officer)
  • Shilpa Mehta (Chief Financial Officer)
  • Sonal Jaju (Company Secretary and Compliance Officer)
  • Apurva Shah (Partner, Rajendra & Co., Statutory Auditors)
  • Yogesh Dabholkar (Proprietor, Yogesh D. Dabholkar & Co., Secretarial Auditor)
  • Harsh Bhatia (Partner, Kishore Bhatia & Associates, Cost Auditors)
  • Ram Jaiswar (Representative of MUFG Intime India Pvt. Ltd. (RTA))

Total 34 members were present during the meeting. Rajendra Gandhi chaired the meeting and conducted the proceedings.

Meeting Proceedings

The meeting was called to order at 12:49 P.M. (IST) with requisite quorum present. Members were informed that the meeting was held through video conference in accordance with circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) under the Companies Act, 2013.

The Company provided facility for electronic voting on all resolutions set forth in the Notice of 52nd Annual General Meeting dated June 17th, 2026. Members who had not cast votes through remote e-voting had opportunity to cast votes during the meeting through the e-voting system provided by NSDL.

The Company did not offer speaker facility during the AGM. Shareholders could use chat box facility to ask questions during the course of meeting.

The Chairman delivered a brief speech on key macro-economic highlights, operational updates for the year, and the financial performance of the Company.

Business Transacted

The following businesses as mentioned in the Notice of the Annual General Meeting dated 17th June, 2026 were transacted:

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026 together with the Reports of the Board of Directors and the Auditors thereon (Ordinary Resolution)

2. Adoption of Audited Consolidated Financial Statements for the financial year ended 31st March, 2026 together with the Reports of Auditors thereon (Ordinary Resolution)

3. Declaration of Dividend on Equity Shares for the financial year 2025-26 (Ordinary Resolution)

4. Re-appointment of Harsh Gandhi (DIN: 00133091) as a director, who retires by rotation and being eligible, offers herself for re-appointment (Ordinary Resolution)

Special Business:

5. Ratification of remuneration payable to M/s. Kishore Bhatia & Associates, Cost Accountants as a Cost Auditor for auditing the cost accounting records of the Company for the financial year 2026-2027 (Special Resolution)

6. Payment of remuneration to Mr. Rajendra V. Gandhi (DIN: 00189197) as a Non-Executive Non-Independent Director (Special Resolution)

Shareholder Interaction

Two shareholders sought information and clarification which were answered suitably by Mr. Harsh Gandhi, Managing Director.

Meeting Conclusion

The meeting was concluded with a vote of thanks at 1:30 P.M. (IST), including 15 minutes of e-voting. The voting results of the business transacted at the AGM in the prescribed format as required under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 will be submitted separately within the prescribed time limit.