Gujarat Craft Industries Limited conducted its 42nd Annual General Meeting (AGM) on Wednesday, 23rd September 2026 at 1:00 PM IST. The meeting was held through Video Conferencing (VC)/Other Audio Visual Means (OAVM) without physical presence of shareholders, in compliance with the Companies Act, 2013 and relevant circulars from the Ministry of Corporate Affairs (General Circular No. 03/2025 dated 22nd September 2025 and General Circular No. 20/2020 dated 5th May 2020) as well as SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Mr. Rishab Chhajer, Chairman & Managing Director (DIN: 05184646), chaired the meeting. The Registered Office of the Company at 431, Santej-Vadsar Road, Santej – 382 721, Tal.: Kalol, Dist.: Gandhinagar (Gujarat) was deemed to be the venue of the meeting.
The meeting proceedings included:
- Introduction of board members and auditors
- Reading of the Notice dated 29th July 2026 convening the AGM
- Confirmation that there were no qualifications in the Statutory & Secretarial Auditors' reports
- Presentation of the company's general progress and business performance during fiscal year 2026
- Addressal of shareholder queries
Remote e-voting was conducted from 20th September 2026 (09:00 AM) to 22nd September 2026 (05:00 PM). Shareholders attending the AGM who had not voted remotely were able to vote electronically during the meeting.
The following business items were transacted:
Ordinary Business:
1. Adoption of Audited Financial Statements for the financial year ended 31st March 2026, along with Reports of the Board of Directors and Auditors - approved by Ordinary Resolution
2. Declaration of final dividend of ₹0.50 per Equity Share for FY26 as recommended by the Board - approved by Ordinary Resolution
3. Re-appointment of Mr. Rishab Chhajer (DIN 05184646) as director retiring by rotation under Section 152(6) of Companies Act, 2013 - approved by Ordinary Resolution
Special Business:
4. Appointment of M/s. Kashyap R. Mehta & Partners, Practising Company Secretaries as Secretarial Auditors of the Company for a term of five consecutive years - approved by Ordinary Resolution
The meeting commenced at 1:00 PM IST and concluded at 1:19 PM IST. The voting results along with the Scrutinizer's Report will be declared within 2 working days of the conclusion of AGM and communicated to BSE Limited.
Note: Details of voting results as required under Regulation 44(3) of SEBI LODR Regulations will be submitted separately within stipulated time.