Meeting Details

  • Date: Wednesday, 30th September 2026
  • Time: 11:00 A.M.
  • Mode: Video Conferencing (VC) and Other Audio Visual Means (OAVM)
  • Venue: The Registered Office of the Company shall be deemed to be the venue (Naraingarh Road, Village Garnala, Ambala City, Haryana, India - 134003)
  • Cut-off Date for E-voting: Wednesday, 23rd September 2026
  • Remote E-voting Period: Commences Sunday, 27th September 2026 from 09:00 A.M. (IST) and concludes Tuesday, 29th September 2026 till 05:00 P.M. (IST)
  • Book Closure Period: Thursday, 24th September 2026 to Wednesday, 30th September 2026 (both days inclusive)

The meeting is being conducted through VC/OAVM in compliance with MCA Circulars nos. 14/2020, 17/2020, and the latest being 03/2025 dated September 22, 2025.

Proposed Resolutions and Implications

Ordinary Business:

Item I: To receive, consider and adopt the Financial Statements including Audited Balance Sheet as at 31st March, 2026, the Statement of Profit and Loss Account and Cash Flow Statement for the year ended on that date together with reports of the Board of Directors and the Auditors thereon.

Item II: To re-appoint Sh. Raj Kumar, Director (DIN: 00126983) who retires by rotation. Mr. Raj Kumar is one of the Promoters and Directors of the Company, holding 2,32,20,000 equity shares, with 23 years of experience in manufacturing soap noodles and refining Palm Kernel Oil.

Special Business:

Item III: Ratification of Remuneration payable to Cost Auditors for FY2026-27 - To ratify remuneration of ₹50,000 per annum to M/s K. K. Sinha & Associates, Cost Accountants (Firm Regn. No. 100279).

Item IV: Appointment of Ms. Aritika Garg (DIN: 11895058) as an Independent Director for a first term of 5 consecutive years with effect from 22nd August 2026. She is a qualified Chartered Accountant with over fifteen years of experience in accounting, finance, taxation, audit and related corporate matters.

Item V: Approval for Material Transactions with Related Party M/s Kamla Oleo Private Limited - Ordinary Resolution seeking approval for transactions worth ₹80 crore (₹10 crore sales, ₹70 crore purchases) involving sale/purchase of goods including Palm Fatty Acid, Non-Edible Oil, Rice Bran Oil and Chemicals.

Item VI: Approval for Material Transactions with Related Party M/s Kamla Oils and Fats Private Limited - Ordinary Resolution seeking approval for transactions worth ₹55 crore (₹25 crore sales, ₹30 crore purchases) involving sale/purchase of goods including Rice Bran Oil and other types of Vegetable Oil.

Voting Process and Methods

The company provides facility for:

  • Remote e-voting through NSDL from September 27-29, 2026
  • E-voting on meeting day for members who haven't voted remotely
  • VC/OAVM attendance through NSDL e-Voting system

Members can join the meeting 15 minutes before and after scheduled time. Physical attendance has been dispensed with, and proxy facility is not available.

Scrutinizer Appointment

The Board of Directors has appointed Mr. J. P. Jagdev, Proprietor of M/s J.P Jagdev & Co., Practicing Company Secretary (M. No. FCS 2469 and CP 2056) as the Scrutinizer to scrutinize the e-voting process in a fair and transparent manner.

Compliance Confirmation

The notice confirms compliance with:

  • Companies Act, 2013 and rules made thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars regarding virtual meetings
  • Secretarial Standard-2 on General Meetings

Additional Financial Information

  • Annual turnover as on March 31, 2026: ₹38287.52 Lakhs
  • Materiality threshold for RPTs: ₹3828.75 Lakhs
  • No dividend recommended for Financial Year 2025-26

Related Party Transaction Details

Kamla Oleo Private Limited:

  • Relationship: Directors Mr. Parmod Kumar, Mr. Vinod Kumar, Mr. Raj Kumar and Mr. Parvind Kumar are also Directors
  • Previous transactions: FY2025-26: ₹57.26 crore, FY2024-25: ₹33.56 crore, FY2023-24: ₹28.27 crore
  • Standalone turnover: FY2024-2025: ₹303.61 crore, FY2023-2024: ₹316.70 crore, FY2022-2023: ₹666.71 crore

Kamla Oils and Fats Private Limited:

  • Relationship: Directors related to Mr. Himanshu Garg and Mr. Arvind Kumar who are Directors and shareholders
  • Previous transactions: FY2025-26: ₹14.54 crore, FY2024-25: ₹16.20 crore, FY2023-24: ₹32.13 crore
  • Standalone turnover: FY2024-2025: ₹103.81 crore, FY2023-2024: ₹87.64 crore, FY2022-2023: ₹132.01 crore

Both RPTs are stated to be in ordinary course of business, at arm's length basis, and not prejudicial to public shareholders' interests.

Director Details

Mr. Raj Kumar: Age 54 years, B.Sc. from Kurukshetra University, 23 years experience, holds 2,32,20,000 equity shares, Member of Nomination & Remuneration Committee and Chairman of Stakeholders Relationship Committee.

Ms. Aritika Garg: Age 41 years, Chartered Accountant, 15 years experience, no shareholding, no pecuniary relationship with the company.