Meeting Details

The 15th Annual General Meeting was held on Monday, 21st September, 2026 at 11:00 A.M. through Video-Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting was conducted in accordance with circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI.

Resolutions and Business Transacted

The meeting transacted the following ordinary business through ordinary resolutions:

  • Consideration and adoption of Audited Financial Statements for the financial year ended 31st March, 2026, together with Reports of the Board of Directors and Statutory Auditors
  • Re-appointment of Mr. Baldev Das Ladha (DIN: 03585566), who retired by rotation and offered himself for reappointment

Voting Process

The company provided remote e-voting facility through Central Depository Services (India) Limited (CDSL). The remote e-voting commenced on 18th September, 2026 at 9:00 A.M. and ended on 20th September, 2026 at 5:00 P.M. Shareholders present at the virtual meeting who had not exercised their vote through remote e-voting could vote during the meeting.

Scrutinizer Appointment

Mrs. Pooja Bachhawat, Practising Company Secretary (ACS: 52835), was appointed as Scrutinizer for the meeting. The voting results along with Scrutinizer Report were to be submitted to the stock exchange within 2 working days of the conclusion of the meeting and made available on the company website and CDSL platform.

Meeting Attendance and Proceedings

Total 47 members attended the meeting through VC/OAVM. All directors were present, including Mr. Nikhil Saraf (Chairperson of Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee). Representatives of Statutory Auditor and Secretarial Auditor/Scrutinizer were also present. The meeting commenced after confirming requisite quorum and included a chairman's speech overviewing financial performance and operations for FY 2025-26. The meeting concluded at 11:23 A.M.

Director Reappointment Details

Mr. Baldev Das Ladha, seeking reappointment, is an Indian national born on 8th March, 1943, first appointed on 27th August, 2011. He is a graduate with over 45 years of experience in the textile industry. He holds 66,65,170 shares in the company and is the father of Mr. Santosh Ladha (Managing Director) and father-in-law of Mrs. Geeta Ladha (Whole-time Director). He holds no directorships or committee memberships in other listed companies.

Compliance and Signatories

The disclosure confirms compliance with SEBI LODR Regulations and Companies Act, 2013. The documents were signed by Santosh Ladha, Managing Director (DIN: 03585561). The Register of Directors and Key Managerial Personnel and their Shareholding and Register of Contracts or Arrangements in which directors are interested were made available for online inspection by members.