Meeting Details
The 43rd Annual General Meeting was held on Monday, August 31, 2026, at 12:00 Noon (IST) through two-way Video Conferencing (VC) / Other Audio Visual Means (OAVM) at the Registered Office of the Company (Deemed Venue).
Attendance
- Total members present: 34
- Quorum was confirmed present by Mr. Nitin Mahala, the Moderator
Directors Present through VC/OAVM:
- Mr. Ramesh Kumar - Managing Director
- Mr. Ajay Kumar Arora - Whole Time Director
- Mr. Aditya Arora - Whole Time Director, CFO, Member of Audit Committee and Member of Corporate Social Responsibility Committee
- Mrs. Geeta Arora - Whole Time Director, Member of Stakeholders Relationship Committee and Chairperson of Corporate Social Responsibility Committee
- Mrs. Anju Arora - Whole Time Director and Member of Stakeholders Relationship Committee
- Mr. Bhavesh Mahajan - Independent Director, Chairman of Audit Committee, Member of Corporate Social Responsibility Committee and Member of Nomination & Remuneration Committee
- Mr. Preetmohinder Singh Bedi - Independent Director, Chairman of Stakeholders Relationship Committee and Member of Nomination & Remuneration Committee
- Mr. Vinod Kumar Sharma - Independent Director, Chairman of Nomination & Remuneration Committee and Member of Audit Committee
Other Attendees:
- Mr. Amit Handa (Partner of M/s Vijay Mehra & Co., Chartered Accountants) - Statutory Auditors
- Mr. Rishi Mittal (Proprietor of M/s Rishi Mittal & Associates, Company Secretaries) - Secretarial Auditors and Scrutinizer appointed for AGM
Proceedings Summary
The meeting was chaired by Mr. Ramesh Kumar, Managing Director, who welcomed shareholders and delivered a speech including:
- Brief overview of the financial performance for the financial year 2025-26
- Company's growth plans and prospects
Notice of the 43rd AGM together with the Annual Report for FY 2025-26 was sent electronically to all shareholders whose email IDs were registered with the RTA or Depositories. Weblink letters were sent to members without registered email IDs.
The Notice convening the AGM, Annual Accounts, and Board's Report were taken as read. Auditors' Report was not read pursuant to provisions of the Companies Act, 2013.
Resolutions Put to Vote
The following resolutions were put to vote by remote e-voting and e-voting during the AGM:
1. Ordinary Resolution: To receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended 31st March 2026 together with the reports of the Board of Directors and Auditors thereon.
2. Ordinary Resolution: To appoint a director in place of Mr. Aditya Arora (DIN: 07320410), who retires by rotation and being eligible, offers himself for re-appointment.
3. Ordinary Resolution: To appoint a director in place of Mrs. Anju Arora (DIN: 03155641), who retires by rotation and being eligible, offers herself for re-appointment.
4. Special Resolution: Appointment of Mr. Swanith Kapoor (DIN: 11662482) as an Independent Director
5. Special Resolution: Re-appointment of Mr. Aditya Arora (DIN: 07320410), as Whole Time Director of the Company and approval of payment of Remuneration
6. Ordinary Resolution: Ratification of Cost Auditors Remuneration
Shareholder Interaction
Pre-registered speaker shareholders asked questions and sought clarifications, which were appropriately responded to by Mr. Aditya Arora, Whole Time Director.
Voting Process
Remote e-voting facility was provided from Friday, 28th August, 2026 at 9:00 a.m. (IST) to Sunday, 30th August, 2026 at 5:00 p.m. (IST). E-voting facility was also provided during the AGM and for 15 minutes subsequent to conclusion of proceedings for members who could not cast their vote through remote e-voting.
The Scrutinizer will submit consolidated results of the remote e-voting and e-voting to the Stock Exchange, which will be placed on the company website within two working days from conclusion of the AGM.
Meeting Conclusion
The AGM concluded with a vote of thanks to the Chair at 12:35 P.M. (IST).