AGM Logistics

  • Date and Time: Friday, September 11, 2026, at 1:00 PM IST
  • Venue: The Solitaire INN Hotel, 6 Mile Stone, Meerut Road, National Highway 58, Muzaffarnagar, Uttar Pradesh – 251001
  • Record Date for Dividend: August 28, 2026
  • Book Closure: September 05, 2026 to September 11, 2026 (both days inclusive)

Ordinary Business

1. Adoption of Financial Statements

To receive, consider, and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.

2. Declaration of Final Dividend

To declare a Final Dividend of ₹1.50 (One Rupee Fifty paise) per equity share of ₹1 each, fully paid-up, for the financial year ended March 31, 2026. If approved, the dividend will be paid on or after September 16, 2026.

3. Re-appointment of Director (Ms. Aditi Pasari)

To appoint a director in place of Ms. Aditi Pasari (DIN: 00120753), who retires by rotation and, being eligible, offers herself for re-appointment.

  • Current Role: Executive Director and Joint Managing Director
  • Shareholding: 16,62,762 shares (2.67% as of March 31, 2026)
  • Attendance: Attended all six Board meetings in FY 2025-26

4. Re-appointment of Director (Mr. Ashwani Kumar Vats)

To appoint a director in place of Mr. Ashwani Kumar Vats (DIN: 00062413), who retires by rotation and, being eligible, offers himself for re-appointment.

  • Current Role: Executive and Non-Independent Director (Whole-time Director & CEO)
  • Shareholding: 78,800 shares (0.13% as of March 31, 2026)
  • Attendance: Attended three out of six Board meetings in FY 2025-26

Special Business

5. Ratification of Cost Auditor Remuneration

To consider and approve an Ordinary Resolution to ratify the remuneration of M/s. MM & Associates, Cost Accountants (Firm Registration No. 000454), appointed as Cost Auditor for FY 2026-2027.

  • Remuneration: ₹1,00,000/- (Rupees One Lakh Only) plus applicable taxes
  • Appointment Date: Approved by the Board on May 22, 2026

6. Re-appointment of Mr. Vardhman Doogar as Independent Director

To consider and approve a Special Resolution for the re-appointment of Mr. Vardhman Doogar (DIN: 07148980) as a Non-Executive Independent Director.

  • New Term: October 01, 2026 to September 30, 2031 (second term)
  • Current Term: First term expires on September 30, 2026
  • Shareholding: Nil
  • Qualifications: Company Secretary, MBA in International Business, IBBI Registered Valuer, Chartered Accountant
  • Attendance: Attended all six Board meetings in FY 2025-26
  • Declaration: Submitted declaration of independence as per Section 149(6) of the Companies Act, 2013

7. Approval for Raising Funds via QIP

To consider and approve a Special Resolution to raise funds up to ₹250 Crores (Rupees Two Hundred and Fifty Crore Only) through the issuance of securities via Qualified Institutions Placement (QIP) or other permissible modes.

  • Purpose: Augmenting long-term cash resources, business expansion, funding organic/inorganic growth, capital expenditure, working capital requirements, prepayment/repayment of borrowings, or general corporate purposes.
  • Securities: Equity Shares or other 'Eligible Securities' as per SEBI ICDR Regulations
  • Allottees: Qualified Institutional Buyers (QIBs) as defined in SEBI ICDR Regulations
  • Key Terms:
  • Allotment to be completed within 365 days of shareholder approval
  • Issue price not less than QIP floor price (with discretion to offer up to 5% discount)
  • No single allottee to receive more than 50% of the issue size
  • Securities allotted in QIP shall have a one-year lock-in period
  • No allotment to promoters or persons related to promoters
  • Authority: Board authorized to determine final terms, including price, timing, and number of securities, in consultation with merchant bankers

Dividend and TDS Details

  • Dividend Payment Date: On or after September 16, 2026
  • TDS Applicability: Dividend income is taxable in the hands of shareholders; Company will deduct TDS at prescribed rates under the Income Tax Act, 2025
  • Electronic Mandate: SEBI mandates electronic dividend payments only; physical shareholders must update PAN, KYC, bank details, and specimen signature
  • Unclaimed Dividend: Unpaid dividend for FY 2018-19 and underlying shares will be transferred to IEPF on October 24, 2026

E-Voting and Attendance Details

  • Remote E-Voting Period: September 08, 2026 (9:00 AM) to September 10, 2026 (5:00 PM) via NSDL platform
  • Cut-off Date: September 04, 2026 (for determining voting rights)
  • Scrutinizer: CS Tanuj Vohra of M/s. TVA & Co. LLP appointed to scrutinize the voting process
  • Results: To be declared post-AGM and displayed on company website and NSDL platform

Other Compliance Information

  • Annual Report Dispatch: Sent electronically to members with registered email IDs; physical copies available on request
  • KYC Compliance: Members holding physical shares must submit Form ISR-1 for KYC updation to receive dividends
  • Nomination: Members encouraged to register nomination using Form SH-13
  • Demat Mandatory: SEBI mandates all equity share transfers in dematerialized form only

Explanatory Statement

Provides detailed rationale for each special business item, confirming that none of the directors or key managerial personnel are interested in the resolutions, except Mr. Vardhman Doogar in his own reappointment.