Board Meeting Details

  • Meeting Date: Tuesday, September 1, 2026
  • Meeting Time: 3:30 PM to 4:15 PM
  • Location: Registered office of the company

Key Resolutions Approved

1. Alteration of Articles of Association

The Board considered and approved alteration of Articles of Association, subject to approval of shareholders in the upcoming Annual General Meeting.

2. Appointment of Independent Director

The Board considered appointment of Mr. Bhupeshbhai Ambalal Patel (DIN: 11833797) as Non-Executive Independent Director, subject to approval of shareholders in the upcoming Annual General Meeting.

3. Directors Report Approval

The Board approved the Directors Report along with its Annexures for the 33rd Annual Report of financial year ending on March 31, 2026.

4. Share Register Closure Dates

The Board fixed the dates of Closure of Register of Members and Share Transfer Book for the purpose of the 33rd Annual General Meeting.

5. E-voting Cut-off Date

The Board fixed the cut-off date for remote e-voting and voting at the 33rd Annual General Meeting.

6. Appointment of Scrutinizer

The Board approved appointment of Mr. D A Rupawala, Chartered Accountants as Scrutinizer for scrutinizing the e-voting process for the 33rd Annual General Meeting.

7. AGM Notice Approval

The Board approved draft of Notice of Annual General Meeting to be held on Friday, September 25, 2026, at 3:00 PM at the Registered office of the company. Directors were authorized to send Notice to all Members under provisions of the Companies Act, 2013.

8. Internal Auditor Appointment

The Board approved appointment of M/s Dipesh Choksi & Co. as Internal Auditor of the Company for Financial Year 2026-27.

Internal Auditor Appointment Details

Disclosures provided under Regulation 30 of SEBI Listing Regulations and relevant circulars:

  • Name of Internal Auditor: M/s. Dipesh Chokshi & Co.
  • Firm Registration Number: 114533W
  • Reason for Change: Appointment as Internal Auditors of the Company
  • Date of Appointment: September 1, 2026
  • Term of Appointment: For conducting Internal Audit of the company for period of FY 2026-27
  • Relationships between directors: Not Applicable

Internal Auditor Profile: Dipesh Chokshi & Co.

Firm Details

  • Constitution: Partnership Firm
  • PAN: AAIFD1832F
  • GST: 24AAIFD1832F1ZV
  • MEF Category: Category II (FY 2023-24)
  • Established: 1994 (29 years experience)
  • Team: 3 Partners, 22 Team Members, 17 Professional Staff

Leadership Team

  • Dipesh Bhanuprasad Chokshi: FCA, Managing Partner, 30+ years experience, expert in Direct Tax, Auditing & Management Consultancy, Certified in Concurrent Audit (ICAI)
  • Pragnesh Subhashbhai Shah: FCA, Partner, 12+ years experience, specialist in Direct & Indirect Tax, GST Law Tax Assessments & Authority Representations
  • Abhishek Himatlal Munjasara: ACA, DISA, Partner, Banking Background in Credit Appraisal, Risk Analysis & Internal Audit, DISA Certified (2018)

Banking Audit Experience

  • Union Bank of India Statutory Audits: Multiple branches across various years (2014-18, 2020-23)
  • Concurrent Audit: Union Bank of India - Prahladnagar Branch (3 consecutive years 2020-23)
  • 15-20 Stock Audit Assignments for various Nationalized & Co-operative banks over 20 years

Service Expertise

  • Statutory audits for mid-size corporations across Engineering, Manufacturing, Textiles, Metals & Alloys, and Jewelry sectors
  • Risk-based internal audits for Jewelry & Real Estate, Industrial Gases Manufacturing sectors
  • Specialized in Statutory & Concurrent Audits of Nationalized and Co-operative Banks with RBI empanelment
  • Taxation services including Direct & Indirect Taxation, Tax Planning, Assessments
  • Company Law & LLP services from incorporation to compliance
  • RERA Compliance for real estate projects
  • Management Consultancy including Financial Management, Working Capital Optimization, Budget Planning

Professional Standing

  • Zero disciplinary actions from RBI, ICAI, or any banking institution
  • Clean track record with professional integrity
  • Modern office with state-of-the-art technology