Meeting Details

  • Date: Monday, 10th August, 2026
  • Time: 12:00 Noon
  • Location: Registered Office of the Company at D-19-20, Panki Industrial Area, Kanpur-208 022
  • Type of Meeting: 55th Annual General Meeting

Directors Present

  • Shri Manoj Agarwal (Chairman Cum Managing Director)
  • Shri Shashank Agarwal (Deputy Managing Director)
  • Shri Sunil Mehta (Executive Director)
  • Smt. Usha Agarwal (Director)
  • Shri Akshay Kumar Gupta (Director)
  • Shri Dharam Bir Prasad (Director)
  • Shri Rajesh Chawla (Director)
  • Shri Basant Seth (Director)

In Attendance

  • Shri Shobhit Agarwal (CFO)
  • Shri Ankur Srivastava (Company Secretary)
  • Representatives of Statutory Auditors M/s Rajiv Mehrotra & Associates
  • Team of Secretarial Auditors M/s Adesh Tandon & Associates (also acting as scrutinizers)

Shareholder Participation

  • 36 members were personally present in the meeting
  • No member attended through proxy
  • Quorum was present as required

Voting Process

  • The company provided facility for shareholders to exercise voting rights through electronic voting
  • For shareholders present who had not voted electronically, the company provided facility of voting through ballot paper
  • The voting results and proceedings were to be made available on the company website and stock exchange websites after scrutinizer submission

Resolutions Considered and Approved

Ordinary Businesses

Item No. 1: Ordinary Resolution

  • To receive, consider and adopt the audited financial statements of the company for the year ended 31st March, 2026 together with reports of auditors and directors thereon
  • Resolution: "RESOLVED THAT Financial Statements for the year ended 31st March 2026 together with the Reports of Directors and Auditors thereon, be and are hereby received, considered and adopted."

Item No. 2: Ordinary Resolution

  • To consider declaration of dividend
  • Resolution: "RESOLVED THAT the final dividend for the year 2025-26 at the rate of ₹1.20/per share on the paid-up Equity Share Capital of the Company absorbing ₹2,93,74,749.60 (i.e. ₹1.20/- on 2,44,78,958 fully paid up equity shares) be and is hereby approved and declared."

Item No. 3: Ordinary Resolution

  • To appoint a director in place of Smt. Usha Agarwal (DIN: 00997099), who retires by rotation and being eligible, offers herself for re-appointment
  • Resolution: "RESOLVED THAT pursuant to the provisions of Section 152(6) of the Companies Act, 2013 Smt. Usha Agarwal (DIN: 00997099), Director retiring by rotation be and is hereby re-appointed as Director of the Company and is liable to retire by rotation."

Special Businesses

Item No. 4: Special Resolution

  • Re-appointment of Shri Manoj Agarwal as Chairman Cum Managing Director
  • Term: 3 years w.e.f. 1st September, 2026 to 31st August, 2029
  • Remuneration details:
  • Salary: ₹8,50,000/- - ₹60,000/- - ₹9,70,000/- per month
  • Commission: 2% of Net Profits payable annually
  • Perquisites restricted to an amount equal to annual salary, including:
  • House Rent Allowance: 20% of Salary
  • Furniture and furnishing as required
  • Medical expenses reimbursement: ceiling of one month's salary per year or three months' salary over 3 years
  • Leave Travel Concession: once per year subject to ceiling of one month's salary
  • Club fees for maximum two clubs (no admission/life membership fees)
  • Personal Accident Insurance: annual premium not exceeding ₹30,000/-
  • Gratuity: as per company rules but not exceeding half month's salary per completed year
  • Encashment of leave at end of tenure excluded from perquisites ceiling

Item No. 6: Special Resolution

  • Payment of remuneration to Smt. Usha Agarwal, Non Executive Director w.e.f. 01st April, 2026
  • Fixed remuneration: ₹1,50,000/- (Rupees One Lacs Fifty Thousand) per month

Authorization

Shri Manoj Agarwal (DIN: 00474146), Chairman Cum Managing Director and Shri Ankur Srivastava (Membership no. F8537), Company Secretary were authorized jointly and/or severally to implement the resolutions.

Compliance

All resolutions were passed in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.