Meeting Details

  • Date: September 30, 2026
  • Time: 11:00 AM to 11:40 AM
  • Type: 32nd Annual General Meeting
  • Mode: Conducted through video conferencing in compliance with MCA and SEBI circulars
  • Location: Virtual meeting
  • Quorum: Confirmed as present

Attendance

  • Shareholders: 80 shareholders attended through video conference
  • Company Representatives: Associate Company Secretary, Chief Financial Officer, Statutory Auditors, Secretarial Auditors, and Scrutinizer attended
  • Directors: Mr. Kishor Shah (Non-Executive Director & Chairman) and Mr. Naresh Suthar were absent. Mr. Mahendra G. Patel was unanimously elected to chair the meeting

Resolutions Proposed and Implications

Ordinary Businesses:

1. Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, together with Auditors' Report and Board's Report - Ordinary Resolution

2. Declaration of dividend at ₹1.80 (18%) per equity share for financial year 2025-26 - Ordinary Resolution

3. Re-appointment of Mr. Hashmukh I. Patel [DIN: 00104834] as Director retiring by rotation - Ordinary Resolution

4. Re-appointment of Mr. Munjal Mahendrabhai Patel [DIN: 02319308] as Director retiring by rotation - Ordinary Resolution

Special Business:

5. Ratification of remuneration payable to Kiran J. Mehta & Co., Cost Accountants (FRN: 000025) for FY ending March 31, 2027 - Ordinary Resolution

Voting Process

  • Method: Electronic voting through remote e-voting and voting during AGM through CSDL
  • Remote E-Voting Period: Saturday, September 26, 2026 (9:00 am IST) to Tuesday, September 29, 2026 (5:00 pm IST)
  • On-site E-Voting: Available after the meeting for shareholders who didn't vote remotely
  • Scrutinizer: Mr. Umesh Parikh, Practicing Company Secretary, appointed to scrutinize the e-voting process
  • Results Timeline: Scrutinizer to submit results within 2 working days of AGM conclusion
  • Effective Date: All resolutions deemed passed on September 30, 2026, if approved with requisite majority

Additional Information

  • Annual Report for 2025-26 containing audited financial statements was sent electronically to registered shareholders on September 05, 2026
  • Auditors' Report and Secretarial Audit Report contained no qualifications, observations, or adverse remarks
  • All shareholder queries were addressed by Mr. Munjal M. Patel, Whole Time Director
  • AGM-related documents and statutory registers were made available for electronic inspection during the meeting

Compliance Confirmation

Meeting conducted in compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended)
  • Regulation 44 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (as amended)
  • MCA Circulars