Meeting Details

The 5th Annual General Meeting of INDO SMC Limited is scheduled to be held on Wednesday, September 30, 2026, at 2:00 PM (IST) through Video Conferencing/Other Audio-Visual Means in compliance with MCA and SEBI circulars.

Ordinary Business

1. To receive, consider and adopt the Audited Standalone Financial Statements for the year ended March 31, 2026, including:

  • Balance Sheet as at March 31, 2026
  • Statement of Profit and Loss
  • Cash Flow Statement
  • Reports of Board of Directors and Auditors

2. To appoint a director in place of Mr. Neel Niteshbhai Shah (DIN: 09335917), who retires by rotation and, being eligible, offers himself for re-appointment.

Special Business

3. Ratification of Cost Auditor Remuneration: To ratify remuneration of ₹1,25,000/- per annum plus applicable taxes and reimbursement of out-of-pocket expenses payable to M/s. Kishore Kumar & Co., Cost Accountants (Firm Registration No. 006487) for conducting cost audit for FY ending March 31, 2027.

4. Appointment of Executive Director: To consider appointment of Mr. Chaitanya Patel (DIN: 09335918) as Executive Director for 3 years from September 4, 2026, to September 3, 2029, at maximum remuneration not exceeding ₹50.00 lakhs per annum.

Financial Performance (as at March 31, 2026)

  • Total Revenue: ₹310,495,313
  • Depreciation: ₹14,395,257
  • Total Expenses (excluding depreciation): ₹269,958,639
  • Net Profit: ₹323,829,993
  • Paid-up Capital: ₹228,553,500
  • Reserves & Surplus: ₹1,312,595,297
  • Earnings Per Share: ₹18.09

Voting Arrangements

  • Record Date: September 23, 2026
  • Remote e-voting period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
  • e-Voting service provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: M/s. Sunil Mulchandani & Associates, Practicing Company Secretaries

Executive Director Appointment Details

Mr. Chaitanya Patel, aged 28 years, is a founder promoter and has been associated with the company since incorporation. His current remuneration is ₹12,02,400 per annum. The proposed remuneration includes salary, allowances, perquisites, retirement benefits and performance-linked remuneration within the overall limit of ₹50 lakhs per annum.

Important Notes

  • The AGM will be conducted entirely through VC/OAVM without physical attendance
  • Proxy facility is not available for this virtual meeting
  • The notice has been sent only through email to registered members
  • Members can inspect company registers by sending email to investors@indosmc.com
  • The meeting can accommodate 1000 members on first-come-first-served basis, excluding large shareholders, promoters, institutional investors, directors, KMPs, and committee chairpersons