AGM Details

The 9th Annual General Meeting will be held on Monday, September 7, 2026 at 11:00 AM IST through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) in compliance with MCA and SEBI circulars.

Cut-off Date

Monday, August 31, 2026 has been fixed as the cut-off date for determining members eligible to vote electronically and attend the AGM.

Ordinary Businesses

1. Adoption of Financial Statements

To receive, consider and adopt:

  • Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors
  • Audited Consolidated Financial Statements for FY ended March 31, 2026 with Report of Auditors

2. Re-appointment of Mr. Anusheel Kaushik (DIN: 10091002)

Mr. Anusheel Kaushik, Whole-time Director, retires by rotation and being eligible, offers himself for re-appointment. Based on performance evaluation and Nomination and Remuneration Committee recommendation, the Board recommends his reappointment.

Special Businesses

3. Re-appointment of Mr. Naveen Kumar (DIN: 08743772) as Whole-time Director

Re-appointment for one year with effect from September 29, 2026. Remuneration proposed: Basic salary up to ₹2,00,000 per month. Mr. Naveen Kumar has been associated with the company since March 2020 and oversees manufacturing operations.

4. Approval for Giving Loans or Guarantees under Section 185

Special resolution to provide loans, guarantees, or security to subsidiaries, associates, joint ventures, or group entities up to ₹25 crore aggregate amount during any financial year. The financial assistance will be used for principal business activities only.

5. Appointment of Mr. Amit Kaushik (DIN: 00494125) as Managing Director

Appointment for three years with effect from September 7, 2026 to September 6, 2029. Mr. Amit Kaushik was appointed as Additional Director on April 15, 2026. Remuneration proposed: Basic salary up to ₹5,00,000 per month. He has over 31 years of experience in business development and strategic management.

6. Change in Designation of Mr. Aditya Kaushik (DIN: 06790052)

Change from Chairman and Managing Director to Chairman and Non-Executive Non-Independent Director with effect from August 12, 2026. Remuneration proposed: Basic salary up to ₹5,00,000 per month in addition to sitting fees. Mr. Aditya Kaushik has over 18 years of experience in domestic appliances industry.

7. Ratification of Cost Auditor Remuneration for FY26

Ratification of remuneration of ₹1,50,000 plus applicable taxes and out-of-pocket expenses payable to M/s. Balwinder & Associates (FRN: 000201) for cost audit for FY ended March 31, 2026.

8. Ratification of Cost Auditor Remuneration for FY27

Ratification of remuneration of ₹1,10,000 plus applicable taxes and out-of-pocket expenses payable to M/s. Balwinder & Associates (FRN: 000201) for cost audit for FY ending March 31, 2027.

Financial Performance Highlights (Consolidated FY26)

  • Revenue from Operations: ₹150.25 crore
  • Total Income: ₹150.58 crore
  • EBIDTA: ₹19.44 crore
  • Profit Before Tax: ₹8.18 crore
  • Profit After Tax: ₹5.88 crore
  • Export Performance: ₹24.08 lakh

Voting Procedures

Remote e-voting commences on Friday, September 4, 2026 at 9:00 AM and ends on Sunday, September 6, 2026 at 5:00 PM. NSDL is providing e-voting facilities. M/s. SCS & Co LLP appointed as Scrutinizer.

Document Availability

Documents referred to in the notice are available for inspection from September 1-6, 2026 at the registered office or electronically upon request.