Board Meeting Details

The meeting commenced at 3:30 PM and concluded at 7:45 PM, chaired by Mr. Bhushanlal Arora. Minutes of the previous meeting held on July 28, 2026 were approved.

Key Resolutions Approved

1. Scheme of Amalgamation

Based on recommendations from the Audit Committee and Independent Directors' Committee, the Board approved the Scheme of Amalgamation of Emazing Deals Limited (Transferor Company) into Kaiser Corporation Limited (Transferee Company) under Sections 230-232 of the Companies Act, 2013.

The scheme is subject to approval from shareholders, creditors, the National Company Law Tribunal (NCLT), stock exchanges, and other competent authorities. The company will file the scheme with stock exchanges as per Regulation 37 of SEBI LODR Regulations.

Emazing Deals Limited is engaged in providing end-to-end e-commerce solutions including marketplace integration, inventory management, order fulfillment, logistics, and customer service. Kaiser Corporation Limited is primarily engaged in printing labels, stationery articles, magazines, and cartons, with diversification into engineering goods, electric and mechanical heat tracing, and turnkey projects through subsidiaries.

2. Appointment of Professionals for Merger
  • Registered Valuer: Mr. Nikhil P Chandak appointed for valuation report
  • Merchant Banker: Navigant Corporate Advisors Limited (SEBI Registered Category I Merchant Banker) appointed for fairness opinion report
  • Chartered Accountant: Mr. Asim Kumar Santara appointed for certificate of pricing of equity shares and networth certificate
3. Authorization for Regulatory Filings

The Board authorized Directors, Chief Financial Officer, and/or Company Secretary to file necessary applications with stock exchanges, SEBI, NCLT, and other regulatory authorities, and complete all required documentation for the amalgamation.

4. 33rd Annual General Meeting (AGM)
  • Date: Monday, September 28, 2026 at 11:30 AM
  • Book closure dates: September 22, 2026 to September 28, 2026 (both days inclusive)
  • E-voting period: Starts at 9:00 AM on September 25, 2026 and ends at 5:00 PM on September 27, 2026
  • Notice of the 33rd AGM approved as per draft copy
5. Appointment of Scrutinizer

M/s Sameer Panchal & Associates, Practicing Company Secretaries (FCS No: A69006; CP No: 26164; Peer Review No.: 5742/2024) appointed as scrutinizer for remote e-voting and ballot process for the AGM.

6. Auditor Appointments
  • Secretarial Auditor: Divya Mohta, Practicing Company Secretaries (Peer Review Number 2773/2022) appointed for five years from conclusion of 33rd AGM till conclusion of 38th AGM in 2031, subject to shareholder approval. Ms. Mohta has nearly ten years of professional practice experience in corporate secretarial functions.
  • Internal Auditor: P. D. Chopda & Co., Chartered Accountants appointed. C.A. P.D. Chopda is a member of ICAI with specialization in industry matters, taxation, labor laws, and SEBI compliance.
  • Statutory Auditor: M/s. Ganesh & Rajendra Associates, Chartered Accountants (Firm Registration No. 103055W, Peer Review Number/Certificate: 025965) proposed for appointment for five years from Financial Year 2026-2027 to 2030-2031, from conclusion of 33rd AGM till conclusion of 38th AGM for FY ending March 31, 2031, subject to shareholder approval. The firm is based in Andheri, Mumbai with rich audit experience.