Meeting Details
The 35th Annual General Meeting will be held on Thursday, September 24, 2026 at 12 Noon through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The deemed venue is the Registered Office of the Company at Kewal Kiran Estate, 460/7, I. B. Patel Road, Goregaon (East) Mumbai-400 063, Maharashtra.
Proposed Resolutions and Implications
The AGM will transact the following ordinary business:
- Resolution 1: To receive, consider and adopt the Standalone and Consolidated Financial Statements of the Company for the year ended March 31, 2026 including the Audited Balance Sheet as on March 31, 2026 and the Statement of Profit and Loss Account for the financial year ended March 31, 2026 together with the report of the Directors and Auditors thereon.
- Resolution 2: To appoint a Director in place of Mr. Dinesh P. Jain (DIN: 00327277) who retires by rotation and being eligible, offers himself for re-appointment.
Mr. Dinesh P. Jain is a Wholetime Director of the Company with 34 years' experience, specializing in Production and Human Resource and Industrial Relations. He holds 37,29,155 shares in the company and has attended all 4 Board meetings during the year. His current remuneration is ₹1,25,00,000 per annum.
Voting Process and Methods
The Company provides facility for remote e-voting and e-voting during the AGM through MUFG Intime India Private Limited:
- Remote e-voting period: Monday, September 21, 2026 at 9:00 a.m. to Wednesday, September 23, 2026 at 5:00 p.m.
- Cut-off date for voting rights: Thursday, September 17, 2026
- Individual shareholders holding securities in demat mode can vote through their depository accounts with NSDL or CDSL
- Shareholders holding physical shares or non-individual shareholders must register on InstaVote platform
- The Company has appointed Mr. Ummedmal P. Jain, Proprietor of M/s. U. P. Jain and Co., Company Secretaries, Mumbai as the Scrutinizer
Participation in AGM
Shareholders can attend the AGM through InstaMeet facility provided by MUFG Intime India Private Limited. Participation is limited to 1000 members on first-come-first-serve basis, though shareholders with >2% shareholding, promoters, institutional investors, directors, KMPs, and committee chairpersons are allowed without restriction.
Dividend Information
The Board of Directors have not recommended any final dividend for the financial year ended March 31, 2026. The Company has transferred unpaid and unclaimed dividend amounts pertaining to Final Dividend 2017-18 (₹5,618), 1st Interim Dividend 2018-19 (₹9,394), 2nd Interim Dividend 2018-19 (₹13,780), and 3rd Interim Dividend 2018-19 (₹40,230) to the Investor Education and Protection Fund (IEPF).
Compliance with Regulations
The meeting is conducted pursuant to multiple regulatory circulars:
- MCA General Circular Nos. 14/2020, 17/2020, 20/2020, 9/2024, 03/2025
- SEBI Circular SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024
- SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
- Companies Act, 2013 provisions
The Scrutinizer will submit a consolidated report within 48 hours of conclusion of the AGM, and results will be placed on the Company's website and communicated to stock exchanges.