Kriti Industries Holds 36th AGM on August 12

Event Details

Kriti Industries (India) Limited held its 36th Annual General Meeting (AGM) on Wednesday, August 12, 2026. The meeting was conducted through Video Conferencing (VC) or Other Audio Video Means (OAVM) with the corporate office at 8th Floor, Brilliant Sapphire, Plot No. 10, PSP, IDA, Scheme No. 78, Part II, Indore (M.P.) 452010 deemed as the venue. The meeting commenced at 3:00 PM IST and concluded at 3:47 PM IST.

Attendance

Directors Present:

• Shri Shiv Singh Mehta - Chairman and Managing Director (from Indore)
• Smt. Purnima Mehta - Whole Time Director (from Indore)
• Shri Saurabh Singh Mehta - Director (from Indore)
• Shri Hitendra Mehta - Independent Director (from Indore)

Officers Present:

• Shri Rajesh Sisodia - Chief Financial Officer
• Aditi Randhar - Company Secretary & Compliance Officer

Special Invitees:

• CA Nitin Bandi - Statutory Auditor
• CS Ajit Jain - Secretarial Auditor
• CS Ishan Jain - Scrutinizer for E-voting

Total members on the cutoff date (August 5, 2026) were 11,430. A total of 57 members attended through video conferencing, exceeding the quorum requirement of 30 members.

Proceedings Summary

The meeting was conducted in compliance with the Companies Act, 2013, SEBI (LODR) Regulations, 2015, Secretarial Standard-2, and MCA Circulars including General Circular Nos. 14/2020, 17/2020, and the latest 03/2025 dated September 22, 2025.

Shri Shiv Singh Mehta, Chairman of the Company, presided over the meeting. The Chief Financial Officer, Shri Rajesh Sisodia, conducted a roll call and explained the voting procedures.

Business Transacted

Ordinary Businesses:

1. Adoption of Financial Statements:

• Members adopted the standalone audited financial statements for the financial year ended March 31, 2026, including Balance Sheet, Statement of Profit & Loss, Cash Flow, Change in Equity, and reports of Board of Directors and Auditors.
• Members adopted the consolidated audited financial statements for the financial year ended March 31, 2026, and the report of Auditors thereon.

2. Reappointment of Director:

• Shri Shiv Singh Mehta (DIN: 00023523), who retired by rotation, was reappointed as a Director of the Company not liable to retire by rotation as determined by the Board.

Special Businesses:

3. Ratification of Cost Auditor Remuneration:

• Members ratified the payment of remuneration of ₹35,000 (Rupees Thirty-Five Thousand Only) plus applicable taxes and reimbursement of out-of-pocket expenses at actual to M/s Dhananjay V. Joshi & Associates, Cost Accountants (FRN: 000030) for conducting the audit of cost records for the Financial Year ending March 31, 2027.

4. Reappointment and Remuneration of Chairman and Managing Director:

• Members approved the reappointment of Mr. Shiv Singh Mehta (DIN: 00023523) as Chairman and Managing Director for a further term of 3 years from October 1, 2026 to September 30, 2029.
• Consent was given for revision in remuneration whereby the aggregate annual remuneration payable may exceed 5% of the net profits of the company calculated under Section 198 of the Companies Act, 2013.
• In the event of loss or inadequacy of profit, minimum remuneration shall be payable.
• The appointment relationship is defined as "Employer-Employee" terminable with six months notice in writing or salary in lieu thereof.

Voting and Results

The company provided remote e-voting facility through CDSL platform commencing at 9:00 AM on August 9, 2026, and ending at 5:00 PM on August 11, 2026. E-voting was also conducted during the AGM.

CS Ishan Jain, Practicing Company Secretary (FCS 9978, CP 13032), was appointed as scrutinizer to scrutinize the remote e-voting and voting during the AGM.

The results of e-voting along with the scrutinizer's report will be announced within 2 days from the conclusion of the AGM and placed on the Company's, BSE Ltd, National Stock Exchange of India Ltd, and CDSL websites.

Additional Information

Electronic copies of the Annual Report for FY 2025-26 were sent to all members whose email IDs were registered. The recorded transcript of the AGM will be made available on the company website.