Meeting Details
- Date: Tuesday, September 29, 2026
- Time: Commenced at 04:00 PM, concluded at 04:31 PM
- Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
- Cut-off date for e-Voting: Tuesday, September 22, 2026
- Meeting Type: 14th Annual General Meeting
Legal Compliance Framework
The meeting was conducted in compliance with:
- Companies Act, 2013 and Rules framed thereunder
- MCA General Circular Nos. 14/2020, 17/2020, 20/2020, and subsequent circulars including General Circular No. 03/2025 dated September 22, 2025
- SEBI circulars read with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Attendees
Directors Present:
- Mr. Rajesh Ramnani (Non-Executive Independent Director, Chairman)
- Mr. Rajesh Thakur (Managing Director)
- Mr. Dhaval Kumar Mistry (Non-executive Director)
- Mr. Ramchandra Choudhary (Non-executive Director)
- Ms. Neelu Choudhary (Non-executive Director)
- Mr. Prawincharan Dwary (Independent Director)
- Ms. Bhavi Shah (Independent Director)
Key Managerial Personnel Present:
- Mr. Pankaj Mittal (Chief Executive Officer)
- Mr. Saurin Shah (Chief Financial Officer)
- Ms. Abhilasha Ghumelia (Company Secretary and Compliance Officer)
Other Attendees:
- Mr. Chetan B Patel (Secretarial Auditor & Scrutinizer)
- Representative of Statutory Auditor
Resolutions Considered
Ordinary Business:
1. Ordinary Resolution: To consider and adopt audited standalone Financial Statements of the Company for the financial year ended on 31st March 2026 together with Director's report and auditor's report thereon
2. Ordinary Resolution: To declare dividend recommended by Board of Directors at Rs. 0.2/- (10%) per equity share of Rs. 2/- each
3. Ordinary Resolution: To appoint a director in place of Mr. Dhaval Jitendra Kumar Mistry (DIN: 03411290), who retires by rotation and being eligible, offers himself for reappointment
Special Business:
4. Special Resolution: To amend object clause of the E-Memorandum of Association (E-MOA) of the Company
Voting Process
- Remote e-Voting Period: Commenced at 9:00 a.m. on Saturday, September 26, 2026, and ended at 5:00 p.m. on Monday, September 28, 2026
- E-Voting during Meeting: Members who had not cast votes through Remote e-Voting were given opportunity to vote using NSDL's e-Voting platform, activated from beginning of meeting until 15 minutes after conclusion
- Scrutinizer: Mr. Chetan B Patel, Practicing Company Secretary, appointed as Scrutinizer for remote e-voting and e-voting during AGM
Meeting Proceedings
- Quorum requirements under Section 103 of Companies Act were met throughout the meeting
- Company Secretary briefed members on procedural aspects and compliance with regulatory requirements
- Mr. Dhaval Mistry presented company's operational and financial performance for FY26
- Members were given opportunity to ask questions and express views
- Statutory registers and documents were made available for online inspection during meeting
- Statutory auditor's Report contained no qualifications, reservations, observations, adverse remarks or disclaimer
- Secretarial Auditors' Report contained observations, with answers provided in Directors' report
Voting Results Declaration
- Voting results pursuant to Regulation 44(3) of SEBI LODR Regulations, 2015 along with Scrutinizer's Report will be submitted in due course
- Consolidated results of remote e-Voting and e-Voting during meeting will be declared within two working days from conclusion of meeting
- Results will be intimated to Stock Exchanges and uploaded on company website