Event Disclosure
Disclosure made pursuant to Regulation 30 of SEBI (LODR) Regulations 2015 regarding proceedings of the 33rd Annual General Meeting held on Thursday, 10th September 2026.
Meeting Details
The AGM was held at the company's registered office in Valsad, Gujarat at 12:00 PM and concluded at 12:24 PM. Mr. Abhishek Kayal, Executive Director, chaired the meeting. Total 32 members attended the meeting as per attendance records.
Voting Process
The company provided electronic voting facility (remote e-Voting) to members pursuant to Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014. Remote e-voting commenced on Monday, 7th September 2026 at 9:00 AM IST and ended on Wednesday, 9th September 2026 at 5:00 PM IST. Mr. Anuj Gupta, Company Secretary in Whole-Time Practice, was appointed as Scrutinizer for the e-voting process. During the AGM, e-voting window remained active until 15 minutes after the meeting conclusion using MUFG Intime India Private Limited's platform.
Business Transacted
Ordinary Business:
1. Receipt, consideration and adoption of Audited Financial Statements for financial year ended 31st March 2026, including Audited Balance Sheet, Statement of Profit & Loss, Cash Flow Statement, Board's Report and Statutory Auditor's Report - Passed by Ordinary Resolution
2. Re-appointment of Mr. Abhishek Suresh Kyal (DIN: 08184639) as director liable to retire by rotation - Passed by Ordinary Resolution
Special Business:
3. Increase in authorized Share Capital from ₹15,01,00,000 (Rupees Fifteen Crores One Lakh Only) to ₹65,01,00,000 (Rupees Sixty-Five Crores One Lakh Only) and consequential alteration of Clause V of Memorandum of Association - Passed by Ordinary Resolution
4. Enhancement of limits for making investments, giving loans or guarantees and providing securities under section 186 of Companies Act, 2013 - Passed by Special Resolution
Chairman's Role
The Chairman provided an overview of company performance and future outlook, and allowed members to ask questions or seek clarifications on agenda items.