Key Dates

  • AGM Date: Friday, September 25, 2026, at 04:00 PM
  • AGM Mode: Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Book Closure Period: Saturday, September 19, 2026, to Friday, September 25, 2026 (both days inclusive)
  • Cut-off Date for E-voting: Friday, September 18, 2026 (End of day)
  • Remote E-voting Period: Commences Tuesday, September 22, 2026, at 09:00 AM and ends Thursday, September 24, 2026, at 05:00 PM

Resolutions to be Transacted

Ordinary Business

1. To receive, consider, and adopt the Financial Statements for the financial year ended March 31, 2026, and the Reports of Board of Directors and Auditors thereon.

2. To appoint Director in place of Sh. Navdeep Sharma (DIN: 00454285), who retires by rotation and is eligible for re-appointment.

Special Business

3. Approval of Material Related Party Transactions: Ordinary Resolution to approve transactions with Related Parties as per SEBI Listing Regulations Regulation 23(4). The aggregate value limits for FY 2026-27 are:

  • Oswal Woollen Mills Ltd (Promoter Group): Loans and Advances and others - ₹25.00 crore
  • Sankheshwar Holding Company Limited (Promoter Group): Sale/Purchase of Investments - ₹5.00 crore
  • J.L. Growth Fund Limited (Promoter Group): Online Facility for tax payments - ₹5.00 crore
  • Abhilash Growth Fund Private Limited (Promoter Group): Sale/Purchase of Investments - ₹5.00 crore
  • KMRA Associates LLP (Promoter Group): Online Facility for tax payments - ₹5.00 crore
  • Mr. Rishabh Oswal (Promoter Group): Sale/Purchase of Investments - ₹5.00 crore

The company's annual consolidated turnover for FY 2026-27 is stated as ₹2.49 crore, making any transaction exceeding ₹0.25 crore (10% of turnover) material and requiring shareholder approval.

4. Borrowing Limits u/s 180(1)(c): Special Resolution to authorize borrowing up to ₹100 crore, exceeding the aggregate of paid-up capital and free reserves.

5. Creation of Mortgage/Charge u/s 180(1)(a): Special Resolution to authorize creation of charge on company assets to secure borrowings, not exceeding limits approved under Section 180(1)(c).

6. Investments/Loans/Guarantees u/s 186: Special Resolution to authorize making investments, giving loans/guarantees, and providing securities up to ₹100 crore, which may exceed 60% of paid-up capital and free reserves or 100% of free reserves.

7. Transactions u/s 185: Special Resolution to authorize advancing loans, giving guarantees, or providing securities for entities where directors are interested, up to ₹100 crore.

Voting and Meeting Procedures

  • E-voting services provided by Central Depository Services (India) Limited (CDSL).
  • Remote e-voting available from September 22-24, 2026.
  • Members can also vote during the AGM through e-voting system if they haven't voted remotely.
  • Physical attendance not required; meeting conducted entirely via VC/OAVM.
  • Scrutinizer appointed: Sh. P.S. Dua of M/s. P.S. Dua & Associates, Practicing Company Secretaries.

Financial Impact

  • The resolutions seek enabling approvals for financial transactions up to specified limits. The actual financial impact will depend on future utilization of these approvals.
  • The Related Party Transactions are stated to be at arm's length and in the ordinary course of business.

Additional Information

  • The notice includes detailed instructions for e-voting for both demat and physical shareholders.
  • Explanatory statement provides material facts for each special business item.
  • Director information for Sh. Navdeep Sharma includes his qualifications (B.A., LLB), experience (46 years in Corporate Taxation), remuneration (sitting fees of ₹5,000), and other directorships (16 companies).