Meeting Details

The 13th Annual General Meeting will be held on Wednesday, July 15, 2026, at 11:00 a.m. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The deemed venue for the meeting is the Registered Office of the Company. Physical attendance of members has been dispensed with in accordance with MCA Circulars.

Proposed Resolutions and Implications

Ordinary Business:

Item 1: Adoption of Audited Financial Statements for FY26 - To consider and adopt the Audited Financial Statements (including Consolidated Financial Statements) for the year ended March 31, 2026, together with reports of Board of Directors and Auditors.

Item 2: Re-appointment of Director - To re-appoint Mrs. Preyal Ankur Shah (DIN: 06966962) as Director who retires by rotation.

Item 3: Declaration of Final Dividend - To declare final dividend of 12.5% (₹1.25 per equity share) for FY26, with Record Date fixed as Wednesday, July 8, 2026.

Special Business:

Item 4: Ratification of Cost Auditor remuneration of ₹1,20,000 to M/s. Zarna Thakkar & Co. for FY27.

Item 5: Appointment of M/s. Prerna Bokil & Associates as Secretarial Auditor for 5 years (FY2026-27 to FY2030-31).

Item 6: Appointment of CNK & Associates as Statutory Auditors for 5 years until 18th AGM (FY2030-31).

Item 7: Re-appointment of Mr. Ankur Ashwin Shah as Managing Director for 5 years from April 1, 2026, with remuneration up to ₹17,50,000 per month plus perquisites including medical reimbursement, LTC, club fees, gratuity, car with driver, and telephone facility.

Item 8 & 9: Continuation and re-appointment of Mr. Divyakant Zaveri (DIN: 01382184) as Independent Director for 5 years from August 23, 2026, to August 22, 2031.

Item 10: Re-appointment of Mr. Jaykumar Toshniwal (DIN: 00609542) as Independent Director for 5 years from August 23, 2026, to August 22, 2031.

Item 11: Alteration of Main Object Clause of Memorandum of Association to expand business activities into comprehensive defence manufacturing including arms, ammunition, weapon systems, defence equipment, aerospace, naval systems, and related technologies.

Item 12: Alteration of Ancillary Objects Clause of Memorandum regarding investment of surplus funds.

Item 13: Alteration of Articles of Association regarding investment provisions.

Item 14: Payment of commission to Non-Executive Directors not exceeding 1% of net profits per annum.

Item 15: Amendment to ESOP Scheme extending exercise period from 90 to 180 days in event of employee death or permanent incapacity.

Item 16: Authorization for borrowing up to ₹300 Crores.

Item 17: Appointment of Mr. Harshadsinh Mahida (DIN: 11760208) as Whole-Time Director for 5 years from June 17, 2026, with salary up to ₹5,00,000 per month plus perquisites.

Voting Process and Methods

The voting will be conducted through:

  • Remote e-voting period: Sunday, July 12, 2026 (9:00 a.m.) to Tuesday, July 14, 2026 (5:00 p.m.)
  • E-voting during AGM: July 15, 2026

Bigshare Services Pvt. Ltd. will provide the e-voting facility. Individual shareholders holding securities in demat mode can vote through their demat accounts with CDSL or NSDL. Other shareholders can vote through https://ivote.bigshareonline.com.

Key Voting Information

  • Record Date for determining voting rights: July 8, 2026
  • Cut-off date for voting eligibility: July 8, 2026
  • Members who vote through remote e-voting cannot vote again at the AGM
  • Corporate members must send certified copy of Board resolution/authorization letter to cs@krishnaallied.com

Scrutinizer's Role

CS Prerna Bokil of Prerna Bokil & Associates (Membership No. FCS 13539) has been appointed as Scrutinizer to scrutinize the remote e-voting process and e-voting during the AGM. The Scrutinizer will submit a consolidated report within two working days of the AGM conclusion.

Compliance Confirmation

The notice confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • MCA Circulars regarding virtual meetings
  • All applicable laws and regulations

Additional Information

  • The dividend of ₹1.25 per share will be paid to eligible shareholders as per the list provided by depositories
  • Members must update bank details with their Depository Participants for electronic dividend payment
  • Unpaid dividends for seven years will be transferred to Investor Education and Protection Fund
  • The notice is being sent electronically to members with registered email addresses
  • Physical copies available upon request from Company's RTA, Bigshare Services Pvt Ltd