Meeting Details

The 33rd Annual General Meeting will be held on Wednesday, 30th September, 2026 at 12:30 P.M. (IST) at the registered office of the company situated at A-115, Siddhi Vinayak Towers, B/H. DCP Office, Off S.G. Highway, Makarba, Ahmedabad, Gujarat, India, 380051.

Business Agenda

Ordinary Business:

1. Adoption of Financial Statements: To receive, consider and adopt audited financial statements (standalone and consolidated) for the financial year ended 31st March, 2026 together with Reports of Board of Directors and Auditors.

2. Re-appointment of Director: To re-appoint Mrs. Binoti Shah Jatinbhai (DIN: 07161243) who retires by rotation and is eligible for re-appointment.

Special Business:

3. Continuation of Directorship: Special resolution to approve continuation of Mr. Bahubali Shantilal Shah (DIN: 00347465) as Non-Executive Director post attaining age of 75 years, pursuant to Regulation 17(1A) of SEBI LODR Regulations.

4. Re-appointment of Managing Director: Ordinary resolution to approve re-appointment of Mr. Amam Shreyans Shah (DIN: 01617245) as Managing Director for five years from 4th September, 2026 to 3rd September, 2031.

  • Term: 5 years (04/09/2026 to 03/09/2031)
  • Remuneration: As per mutual terms between board and managing director
  • Conditions: In case of no profits or inadequate profits, remuneration shall be in accordance with Section II of Part II of Schedule V of Companies Act, 2013

5. Related Party Transaction Approval: Ordinary resolution to approve transactions with Servashanti Properties Private Limited up to ₹50,00,000 (Fifty Lakh) per year for FY 2026-27.

  • Related Party: Servashanti Properties Private Limited
  • Nature of Relationship: Common Director (Mr. Amam Shah)
  • Transaction Details: Lease agreement for company-owned land effective 1st April, 2026 for 11 months
  • Monthly Rent: ₹3,00,000 receivable by the company
  • Total Value: Not exceeding ₹50 lakh during 2026-2027
  • Purpose: Generate steady revenue stream to meet administrative, compliance, and operational overheads
  • Arm's Length: Confirmed as arm's length transaction
  • Commercial Justification: Company currently operates with zero business turnover, making this essential for operational sustenance
  • Audit Committee Approval: Ratified at meeting held on 1st April, 2026

Shareholding Pattern

  • Mr. Bahubali Shantilal Shah: 5,99,980 shares
  • Mr. Amam Shreyans Shah: 1,00,000 shares
  • Mrs. Binoti Shah Jatinbhai: Nil shares

Record Date and Closure

Register of Members and Share Transfer books will remain closed from 24th September, 2026 to 30th September, 2026 (both days inclusive) for AGM purposes.

Voting Arrangements

  • Remote e-voting period: 27th September, 2026 (9:00 AM) to 29th September, 2026 (5:00 PM)
  • Cut-off date for voting eligibility: 23rd September, 2026
  • Physical voting will also be available at venue

Financial Impact Disclosure

The related party transaction with Servashanti Properties is disclosed as essential for business continuity during period of nil turnover, providing regular cash inflow to cover mandatory corporate expenses.

Director Profiles

  • Mr. Bahubali Shantilal Shah: 75 years, B.Com, Director since 01/11/1993, 5,99,980 shares
  • Mr. Amam Shreyans Shah: 55 years, Managing Director since 25/10/1994, 27 years expertise in asset management, 1,00,000 shares
  • Mrs. Binoti Shah Jatinbhai: 50 years, Director since 31/03/2025, 15+ years administrative experience, nil shares