AGM Details
The 38th Annual General Meeting of IMEC Services Limited is scheduled to be held on Friday, September 25, 2026 at 03:00 P.M. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting will be conducted virtually without physical attendance requirement.
Voting Arrangements
The company has appointed Central Depository Services (India) Limited (CDSL) to provide VC/OAVM facility and e-voting services. The remote e-voting period commences on Tuesday, September 22, 2026 at 10:00 A.M. (IST) and ends on Thursday, September 24, 2026 at 05:00 P.M. (IST). The cut-off date for determining voting eligibility is Friday, September 18, 2026.
Business Items to be Transacted
Ordinary Business:
1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and Auditors.
2. To appoint Mr. Rajesh Soni (DIN: 00574384), who retires by rotation and offers himself for re-appointment as Non-Executive Director.
Special Business:
3. To approve the appointment of Ms. Anjali Jain (DIN: 07757314) as an Independent Woman Director of the Company for a term of five consecutive years commencing from August 14, 2026.
4. To consider and approve the appointment of Mr. Girdhari Sagarvanshi (DIN: 11888371) as Whole-time Director and designate him as Chief Executive Officer and Key Managerial Personnel for a period of five years with effect from August 14, 2026.
Director Appointments Details
Ms. Anjali Jain:
- Appointed as Additional Director in capacity of Independent Woman Director effective August 14, 2026
- Age: 35 years, Nationality: Indian
- Qualifications: Associate Member of ICSI with 9+ years experience in secretarial compliance
- Holds directorships in Savy Infra And Logistics Limited, Italian Edibles Limited, Eightyeight Pictures cgtech Limited, and Sugna Metals Limited
- Not related to any other directors/KMPs, not debarred by SEBI
Mr. Girdhari Sagarvanshi:
- Appointed as Whole-time Director designated as CEO & KMP effective August 14, 2026
- Age: 53 years, Nationality: Indian
- Qualifications: Bachelor's Degree with 20+ years management experience
- Proposed remuneration: Basic salary of ₹57,750 per month with annual increments, perquisites, allowances, and variable pay as determined by Nomination & Remuneration Committee
- No previous remuneration drawn from the company
- Not related to any other directors/KMPs, not debarred by SEBI
Mr. Rajesh Soni:
- Seeking re-appointment as Non-Executive Director (retiring by rotation)
- Age: 60 years, Nationality: Indian
- Qualifications: Bachelor's Degree in Science with 26+ years steel industry experience
- Holds directorships in Agrotrade Enterprises Limited (Independent Director) and Steeltech Resources Limited (Independent Director)
- Attended 4 board meetings during the year
Financial Performance
The document includes financial performance for the last three financial years:
| Particulars (₹ in Lakhs) | FY 2025-26 | FY 2024-25 | FY 2023-24 |
| Revenue from Operations | 23.01 | 2822.47 | 641.38 |
| Other Income | 24.31 | 52.67 | 3.12 |
| Profit/(Loss) before Tax | (213.86) | 2541.95 | 3.25 |
| Profit/(Loss) after Tax | 621.05 | 2541.91 | 3.25 |
| Net Worth | 3,318.76 | 2695.72 | 153.62 |
The company reported that the loss at Profit Before Tax level was primarily due to lower operating income and certain service-related business initiatives not yet reaching anticipated operational levels.
Document Availability
The Notice of the 38th AGM is available on the company's website (www.imecservices.in), BSE website (www.bseindia.com), and CDSL's e-voting website (www.evotingindia.com). The document was dispatched to shareholders through electronic mode on September 02, 2026.
Scrutinizer Appointment
Mr. Burhanuddin Ali Husain Maksi Wala (ACS No. 41988; CP No. 23193), Proprietor of B Maksi Wala & Associates, Practicing Company Secretaries, Indore has been appointed as the Scrutinizer for the voting process.