AGM Logistics

  • Meeting Date: Wednesday, September 23, 2026 at 11:00 A.M. IST
  • Mode: Video Conferencing (VC) / Other Audio-Visual Means (OAVM) without physical attendance
  • Cut-off Date: Wednesday, September 16, 2026 for determining eligibility to vote
  • Remote E-voting Period: Sunday, September 20, 2026 (09:00 A.M. IST) to Tuesday, September 22, 2026 (05:00 P.M. IST)
  • E-voting Service Provider: Bigshare Services Private Limited
  • Deemed Venue: Registered Office at 1/10-B, First Floor, MPL No- VIII/3428, Munshi Niketan Building, Asaf Ali Road, Ajmeri Gate Extn., New Delhi-110002

Ordinary Business Items

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 Reports of Auditors

2. Re-appointment of Director

Appointment of Mr. Pranav Singla (DIN: 07898093) who retires by rotation and offers himself for re-appointment.

Special Business Items

3. Ratification of Cost Auditor Remuneration

  • Ordinary Resolution to ratify remuneration of Cost Auditors for FY 2026-27
  • Cost Auditor: M/s Balwinder & Associates, Cost Accountants (Firm Registration Number - 000201)
  • Remuneration: Rs. 50,000 (Rupees Fifty Thousand Only) p.a. plus applicable taxes and reimbursement of out-of-pocket expenses
  • Legal Reference: Section 148(3) of Companies Act, 2013 read with Rule 14 of Companies (Audit and Auditors) Rules, 2014

4. Appointment of Whole-time Director

  • Special Resolution to appoint Mr. Deevesh Bhojia (DIN: 09148090) as Whole-time Director
  • Appointment Period: August 29, 2026 to August 28, 2031 (5 years)
  • Remuneration: Monthly remuneration of up to Rs. 1,00,000/- (₹12 lakh annual basic salary) along with benefits
  • Background: Appointed as Additional Director effective August 29, 2026, holds BBA degree, cousin of existing directors Pranav Singla and Dhruv Singla
  • Financial Impact: Remuneration within limits specified in Schedule V of Companies Act, 2013
  • Company Financials (Reference): Total Income ₹2,102.05 lakh, Expenses ₹2,096.53 lakh, Profit ₹26.78 lakh

5. Alteration of Memorandum of Association

  • Special Resolution to insert new sub-clauses 23-27 in Clause III(A) of Objects Clause
  • New Business Areas: Defence equipment, arms and ammunition, explosives (TNT, gunpowder), space systems, electromagnetic shielding, special metals (Titanium, Copper, etc.)
  • Condition: Activities subject to obtaining all requisite licenses and regulatory approvals
  • Authorization: Directors Pranav Singla, Dhruv Singla and Company Secretary Ankit Singla authorized to file necessary forms with ROC

6. Approval of Material Related Party Transactions

  • Ordinary Resolution to approve related party transactions from conclusion of AGM till conclusion of AGM in FY 2027-28
  • Transaction Limits:
  • JTL Industries Limited (Promoter): ₹75 Crore for loans/advances and sale/purchase of goods
  • Powersol Metalcraft Limited: ₹5 Crores for ordinary course transactions
  • Jagan Industries Private Limited: ₹5 Crores for ordinary course transactions (Mr. Dhruv Singla holds shares)
  • Conditions: Transactions at arm's length, in ordinary course of business, as per Company's Related Party Transaction Policy

Voting and Shareholder Information

  • Voting Rights: Proportional to share in paid-up equity share capital as on cut-off date
  • Proxy Voting: Not available for virtual AGM
  • Scrutinizer: Mr. Rajeev Bhambri, Proprietor M/s Rajeev Bhambri & Associates, Company Secretaries
  • Result Declaration: Within 2 working days of AGM conclusion on company website and Bigshare website
  • Green Initiative: Electronic communication to shareholders with registered email IDs
  • KYC Compliance: Shareholders holding physical shares must submit PAN, KYC details, bank account details, and specimen signature
  • ODR Portal: SEBI's Online Dispute Resolution Portal (https://smartodr.in/login) available for investor grievance resolution

Director Details

| Particulars | Mr. Pranav Singla | Mr. Deevesh Bhojia |

| DIN | 07898093 | 09148090 |

| Age | 28 years | 29 years |

| Appointment Date | October 28, 2025 | August 29, 2026 |

| Qualification | Masters in Management | BBA |

| Experience | 5 years in Accounting, Finance, Production Management | Accounts, finance, distribution, and manufacturing operations |

| Shareholding | Nil | Nil |

| Other Directorships | JTL Industries Limited | None |