The Board considered, approved, and took on record the following matters:
Corporate Actions
- Bonus Share Issue: Approved issuance of bonus shares in the proportion of 1:1, meaning one fully paid-up bonus equity share of ₹5 each for every one fully paid-up equity share of ₹5 each held by members as on the record date. This is subject to approval by members through e-voting at the Annual General Meeting.
- Capital Increase: Approved increase in authorized share capital from ₹38,00,00,000 (Rupees Thirty-Eight Crores) to ₹70,00,00,000 (Rupees Seventy Crores) by altering the capital clause of the Memorandum of Association. This requires approval of members through Postal Ballot.
Annual General Meeting Arrangements
- 30th AGM: Convening the 30th Annual General Meeting of shareholders on September 18, 2026 at 03:00 PM (IST) through Video Conferencing (VC)
- Record Date Closure: Register of Members & Share Transfer Books will remain closed from September 12, 2026 to September 18, 2026 (both days inclusive) for the purpose of the 30th AGM
- AGM Notice: Approved the draft notice of AGM
- Scrutinizer Appointment: Appointed Mrs. Rupal Patel, Practicing Company Secretary, as Scrutinizer for Remote E-voting and voting at the AGM
Reporting and Compliance
- Approved Director's Report for the year ended March 31, 2026
- Adopted Secretarial Audit Report pursuant to Section 204(1) of the Companies Act, 2013 and rule 9 of the Companies (Appointment & Remuneration Personnel) Rules, 2014 for the year ended March 31, 2026
- Reviewed other businesses of the company