Meeting Details

  • Date: Wednesday, 30th September, 2026
  • Time: 12:30 p.m. (IST)
  • Mode: Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • Deemed Venue: Registered Office of the Company at Survey No. 263/3/2/2, Village Sayli, Umar Kuin Road, Silvassa, Dadra & Nagar Haveli - 396 230
  • Cut-off Date for Voting: Wednesday, September 23, 2026

Proposed Resolutions and Implications

Ordinary Business:

1. To receive, consider and adopt the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors.

2. To appoint Mr. Shaishav R. Shah (DIN: 00019293) who retires by rotation and offers himself for re-appointment.

Special Business:

3. Special Resolution: Re-appointment of Mr. Naveen Kumar Singh (DIN: 06953675) as Whole-time Director (Key Managerial Personnel) designated as Executive Professional Director for 1 year from August 8, 2026, to August 7, 2027, at remuneration of INR 1.68 Crores per annum.

4. Ordinary Resolution: Approval of material related party transactions for purchase of Goods and Raw Materials with GSEC Limited for financial year 2027-28, not exceeding INR 100 Crores.

5. Ordinary Resolution: Approval of material related party transactions for availing Inter Corporate Deposits/Borrowings with Electrify Energy Private Limited (Promoter Company) for financial year 2027-28, not exceeding INR 100 Crores at 9.5% interest per annum.

6. Ordinary Resolution: Approval of material related party transactions for purchase of Goods, Raw Materials and Parts with Diamond Power Infrastructure Limited for financial year 2027-28, not exceeding INR 10 Crores.

7. Ordinary Resolution: Approval of material related party transactions for sale of Goods with Smartmeters Technologies Private Limited for financial year 2026-27, not exceeding INR 20 Crores.

8. Ordinary Resolution: Approval of material related party transactions for sale of Goods with Smartmeters Technologies Private Limited for financial year 2027-28, not exceeding INR 20 Crores.

9. Special Resolution: Shifting of Registered Office from Silvassa, Dadra & Nagar Haveli to CH 7, Inspire Business Park, Shantigram, Near Vaishnodevi Circle, Ahmedabad-382421, Gujarat.

Voting Process and Methods

  • Remote e-voting period: Friday, September 25, 2026 (11:00 a.m.) to Tuesday, September 29, 2026 (5:00 p.m.)
  • E-voting service provider: MUFG Intime India Private Limited
  • Voting methods:
  • For demat shareholders: Through NSDL/CDSL platforms or depository participants
  • For physical shareholders: Through InstaVote platform registration
  • For institutional shareholders: Through custodian/corporate body registration
  • Scrutinizer: Ms. Shilpa Shah, Practising Company Secretary (Membership No. ACS: A15232; COP No: 27483)
  • Voting rights: Proportional to share in paid-up equity share capital as on cut-off date

Key Compliance Information

  • The AGM is conducted in compliance with MCA Circulars dated September 22, 2025, and other relevant circulars permitting virtual meetings
  • Proxy facility is not available for this AGM as per Circular No. 14/2020 dated April 8, 2020
  • Attendance through VC/OAVM will be counted for quorum under Section 103 of Companies Act, 2013
  • Related parties shall abstain from voting on related party transaction resolutions as per SEBI Listing Regulations
  • The company has complied with all applicable provisions of Companies Act, 2013 and SEBI LODR Regulations

Financial Context

  • FY 2025-26 Financial Performance (Standalone):
  • Total Income from operations: INR 3,138.20 lakhs (previous year: INR 467.24 lakhs)
  • Profit/Loss before Tax: INR 13.62 lakhs (previous year: INR (208.40) lakhs)
  • Profit/Loss after Tax: INR 13.62 lakhs (previous year: INR (208.40) lakhs)
  • The company notes it is in the process of reviving and strengthening operations after being taken over as a going concern entity under liquidation process

Signatories and Roles

  • Notice signed by: Rakesh Shah, Chairman (DIN: 00421920)
  • Company Secretary: Yash Manoj Shah (M. No. A49578)
  • Scrutinizer: Ms. Shilpa Shah, Practising Company Secretary
  • RTA: MUFG Intime India Private Limited

Additional Information

  • Annual Report 2025-26 and Notice are being sent electronically to members with registered email IDs
  • Physical copies available on request to cs@imp-powers.com
  • Members can join the AGM 30 minutes before scheduled time through InstaMeet platform
  • Facility available for 1,000 members on first-come-first-served basis, excluding large shareholders, promoters, institutional investors, directors, KMPs, etc.
  • Results along with Scrutinizer's Report will be placed on company website and MUFG Intime website within two working days of passing resolutions