Meeting Details
- Date: Tuesday, 01st September, 2026
- Time: Commenced at 3:00 P.M. (IST) and concluded at 3:38 P.M. (IST)
- Venue: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
- Type: 40th Annual General Meeting
Proceedings Overview
The meeting was chaired by Mr. Yamunadutt Amilal Agrawal, Chairman & Director. Mr. Ashish Thaker, Company Secretary & Compliance Officer, welcomed all participants including Directors, Promoters, Statutory Auditors, Secretarial Auditors, Scrutinizer, and Members. The Chairman highlighted the company's business and financial performance for FY 2025-26, current business conditions in the Textile Industry, and expressed appreciation to the Board, Management, employees, stakeholders, and shareholders.
List of Panellists Present
1. Mr. Yamunadutt Amilal Agrawal - Chairman & Director
2. Mr. Amit Yamunadutt Agarwal - Vice-Chairman & Managing Director
3. Mr. Vikram Pushapak Oza - Director & CFO
4. Mr. Rajesh Jain - Independent Director
5. Ms. Deepa Kunal Maniar - Independent Director
6. Mr. Vinodkumar Bhanwer Singh - Independent Director
7. Mr. Ashish Thaker - Company Secretary & Compliance Officer
8. CS Ashish Doshi - Secretarial Auditor (M/s. SPANJ & Associates)
9. CS Jitendra Pravinbhai Leeya - Scrutinizer (Practicing Company Secretaries)
10. CA K M Chaudhary - Statutory Auditors (M/s. R. Choudhary & Associates)
Resolutions Discussed
Ordinary Business
1. Adoption of Financial Statements for Financial Year 2025-2026, Board's Report and Auditors' Report thereon (Ordinary Resolution)
2. Re-appointment of Mr. Vikram Pushpak Oza (DIN: 01192552) as a Non-Executive Non-Independent Director, liable to retire by rotation under section 152 of the Companies Act, 2013 (Ordinary Resolution)
Special Business
1. Ratification of remuneration of Cost Auditors of the Company for Financial Year 2026-2027 (Ordinary Resolution)
2. Re-Appointment of Mr. Amit Yamunadutt Agarwal (DIN: 00169061) as Managing Director of the Company (Special Resolution)
3. Increase in authorised share capital and consequent alteration to the capital clause of the Memorandum of Association of the Company (Special Resolution)
Voting Process
- Method: Remote e-voting facility provided for Members to cast votes electronically
- Voting Period: Commenced at 9:00 A.M. (IST) on Saturday, 29th August, 2026 and concluded at 5:00 P.M. (IST) on Monday, 31st August, 2026
- Post-Meeting Voting: Members who had not voted earlier were allowed to vote through the CDSL e-voting portal for 15 minutes post the conclusion of the AGM
Compliance Confirmation
The Company Secretary confirmed that the AGM was convened and conducted in compliance with the provisions of the Companies Act, 2013, the rules made thereunder, and relevant circulars issued by the Ministry of Corporate Affairs. The meeting also complied with the Secretarial Standards on General Meetings issued under Section 118(10) of the Companies Act, 2013.
Additional Information
- The Notice of the AGM was dated 07th August, 2026
- The requisite quorum was present for the meeting
- Members who had registered as speakers were invited to raise questions/queries
- Voting results will be separately intimated to Stock Exchanges and uploaded on the Company's website and CDSL website
- Results will also be displayed at the Registered Office of the Company
- This document is a Gist of Proceedings and does not constitute the minutes of the Meeting