Meeting Details

The 50th Annual General Meeting will be held on Friday, September 18, 2026, at 12:30 P.M. through Video Conferencing/Other Audio-Visual Means in compliance with MCA and SEBI circulars.

Voting Arrangements

  • Cut-off date for determining member eligibility: Friday, September 11, 2026
  • Remote e-voting period: Tuesday, September 15, 2026 (09:00 A.M. IST) to Thursday, September 17, 2026 (05:00 P.M. IST)
  • E-voting services provided by KFin Technologies Limited, the Registrar and Share Transfer Agent
  • Scrutinizer appointed: Mr. Adesh Tandon (Membership No. F2253 and CP No. 1121), Practicing Company Secretary

Business Items

Ordinary Business

1. Adoption of audited standalone financial statements for FY 2025-26 and reports of Board of Directors and Auditors (Ordinary Resolution)

2. Adoption of audited consolidated financial statements for FY 2025-26 and report of Auditors (Ordinary Resolution)

3. Reappointment of Mr. Dhirendra Mohan Gupta (DIN: 01057827) as director liable to retire by rotation (Special Resolution)

4. Reappointment of Mr. Devendra Mohan Gupta (DIN: 00226837) as director liable to retire by rotation (Special Resolution)

Special Business

5. Reappointment of Mr. Dhirendra Mohan Gupta as Whole-time Director for 5 years from October 1, 2026 (Special Resolution)

  • Salary: ₹21,60,000 per month with annual increment up to 15%
  • Perquisites: Value not exceeding one month's salary annually
  • Overall remuneration subject to limits under Section 197 of Companies Act, 2013

6. Reappointment of Mr. Sunil Gupta (DIN: 00317228) as Whole-time Director for 5 years from October 1, 2026 (Special Resolution)

  • Salary: ₹21,60,000 per month with annual increment up to 15%
  • Perquisites: Value not exceeding one month's salary annually

7. Reappointment of Mr. Sanjay Gupta (DIN: 00028734) as Whole-time Director for 5 years from October 1, 2026 (Special Resolution)

  • Salary: ₹21,60,000 per month with annual increment up to 15% (alignment from previous ₹19,20,000)
  • Perquisites: Value not exceeding one month's salary annually

8. Reappointment of Mr. Shailesh Gupta (DIN: 00192466) as Whole-time Director for 5 years from October 1, 2026 (Special Resolution)

  • Salary: ₹21,60,000 per month with annual increment up to 15% (alignment from previous ₹17,20,000)
  • Perquisites: Value not exceeding one month's salary annually

9. Continuation of Mr. Mahendra Mohan Gupta (DIN: 00020451) as Non-Executive Director not liable to retire by rotation for 5 years from October 1, 2026 (Special Resolution)

Director Details and Remuneration

Current Remuneration (FY 2025-26)

  • Mr. Dhirendra Mohan Gupta: ₹277.14 lakhs per annum
  • Mr. Sunil Gupta: ₹304.40 lakhs per annum
  • Mr. Sanjay Gupta: ₹269.74 lakhs per annum
  • Mr. Shailesh Gupta: ₹235.24 lakhs per annum
  • Mr. Mahendra Mohan Gupta: None (Non-Executive)
  • Mr. Devendra Mohan Gupta: None (Non-Executive)

Shareholding as of Disclosure

  • Mr. Mahendra Mohan Gupta: 1,25,359 shares
  • Mr. Dhirendra Mohan Gupta: 2,69,078 shares
  • Mr. Devendra Mohan Gupta: 1,17,890 shares
  • Mr. Sunil Gupta: 1,00,000 shares
  • Mr. Sanjay Gupta: 53,000 shares
  • Mr. Shailesh Gupta: Nil

Distribution Details

The Notice and Annual Report were dispatched to shareholders in electronic mode on August 21, 2026, to members with registered email addresses. Documents are available on the company's website www.jplcorp.in.

Key Dates

  • Notice Date: August 21, 2026
  • AGM Date: September 18, 2026
  • Cut-off Date: September 11, 2026
  • Remote e-voting: September 15-17, 2026
  • Speaker Registration: September 14-16, 2026

Financial Impact

The proposed remuneration increases for Mr. Sanjay Gupta and Mr. Shailesh Gupta represent alignment with other Whole-time Directors at ₹21.6 lakh per month base salary. The total managerial remuneration for promoter executive directors exceeds 5% of net profits for FY 2025-26, requiring special resolution approval.