Key Corrections and Additions

The primary correction involves the incorporation of the Explanatory Statement for Item No. 4 - "Approval for Giving Loans or Guarantees or Providing Security under Section 185 of the Companies Act, 2013," which was omitted from the original notice. The company describes this omission as inadvertent and clerical. Certain typographical and clerical errors have also been corrected in the revised notice. There are no changes to the resolutions or any other substantive matters from the original notice.

AGM Details

The 19th AGM is scheduled to be held on Tuesday, September 29, 2026, at 11:00 A.M. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting will be conducted virtually in compliance with MCA General Circular No. 03/2025 dated September 22, 2025, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024.

The business to be transacted includes:

Ordinary Business

1. Adoption of Financial Statements: To receive, consider, and adopt the Audited Standalone financial statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Statutory Auditors.

2. Re-appointment of Director: To appoint a director in place of Ms. Hemaben Rameshchandra Patel (DIN: 10644176), Whole-Time Director, who retires by rotation and is eligible for re-appointment.

Special Business

3. Appointment of Secretarial Auditor: To appoint M/s. Mittal V. Kothari & Associates, Practicing Company Secretaries (COP No.: 17202, Peer Review Certificate No. 4577/2023), as the Secretarial Auditor for a term of one year for FY 2026–27. This appointment fills a casual vacancy created by the resignation of the previous auditor, M/s. MSV & Associates, due to professional commitments. The remuneration will be as mutually agreed between the Board and the auditor.

4. Approval for Loans/Guarantees/Security: A Special Resolution to approve, pursuant to Section 185 of the Companies Act, 2013, the giving of loans (including book debt), guarantees, or providing security for loans taken by subsidiaries, associates, joint ventures, group entities, or any person in which a director is interested. The aggregate amount approved shall not exceed ₹50.00 Crore (Rupees Fifty Crore Only) at any point in time during FY 2026-27 and thereafter. The Board is authorized to finalize terms and conditions.

Shareholder Information and Voting Procedures

  • Record Date: The cut-off date for determining members entitled to vote is Tuesday, September 22, 2026.
  • Remote E-Voting: The remote e-voting period begins on Saturday, September 26, 2026, at 09:00 A.M. (IST) and ends on Monday, September 28, 2026, at 05:00 P.M. (IST). The facility is provided by National Securities Depository Limited (NSDL).
  • Voting at AGM: Members who have not voted remotely may vote electronically during the AGM.
  • Scrutinizer: M/s. SCS and Co. LLP has been appointed to scrutinize the e-voting process. The results will be announced within two working days of the AGM and posted on the company's website (www.loyalequipments.com) and NSDL's website (www.evoting.nsdl.com).
  • Joining the AGM: Members can join the virtual meeting 15 minutes before its commencement via the NSDL e-Voting system. The facility is available on a first-come, first-served basis for 1,000 members, excluding large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, and auditors.

Director Disclosure for Item No. 2

Ms. Hemaben Rameshchandra Patel (DIN: 10644176) was originally appointed on November 02, 2024. Her terms include a 5-year tenure from September 30, 2025, to September 29, 2030. She attended 6 out of 6 board meetings in FY 2025-26. She holds 50,015 equity shares in the company and draws a remuneration of ₹18,50,000 per annum. She is the sister of Mr. Patel Alkeshkumar, the Chairman and Managing Director.