Meeting Details

The 50th Annual General Meeting of Members will be held on Tuesday, 29th September, 2026 at 03:00 PM through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The deemed venue is the Registered Office of the Company at 924, 9th Floor, Fortune Tower, Sayajigunj, Vadodara - 390020.

Agenda Items

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 together with Reports of the Board of Directors and Auditors.

2. Appointment of Director: To appoint a director in place of Mrs. Rafiqunnisa Merchant (DIN: 07758223), who retires by rotation and being eligible seeks re-appointment.

Special Business:

3. Re-appointment of Managing Director: To consider and approve the re-appointment of Mr. Yunus R. Memon (DIN: 01094396) as Managing Director of the Company for the period from 1st June, 2027 to 31st May, 2030.

Key Financial Figures

  • Mr. Yunus R. Memon's proposed salary: ₹20,000 per month with annual increments
  • Mr. Memon's remuneration for FY 2025-2026: ₹2.40 lakhs
  • No perquisites allowed in addition to salary

Voting Arrangements

  • Record date for voting eligibility: Tuesday, 22nd September, 2026
  • Remote e-voting period: Saturday, 26th September, 2026 at 09:00 AM IST to Monday, 28th September, 2026 at 05:00 PM IST
  • CDSL appointed as e-voting service provider
  • Physical attendance not permitted; meeting conducted entirely through VC/OAVM

Director Details

Mrs. Rafiqunnisa Merchant

  • DIN: 07758223
  • Date of Birth: August 11, 1962
  • First appointment: March 02, 2017
  • Qualifications: Commerce graduate with experience in finance and service industry
  • Shareholding: 526,110 equity shares
  • Holds directorships in 7 other public companies including Liberty Fertilizers Limited, Bharat Equity Services Limited

Mr. Yunus R. Memon

  • DIN: 01094396
  • Date of Birth: February 02, 1973
  • First appointment: August 01, 2004
  • Expertise: Rich experience in marketing, administration, and management
  • Shareholding: Nil
  • Holds directorships in 6 other public companies

Additional Information

  • Members must register email addresses for electronic communication
  • PAN submission mandatory for all shareholders
  • Shares in physical mode must be dematerialized; transfer of physical securities prohibited since April 1, 2019
  • Special window for re-lodgement of transfer deeds lodged before April 1, 2019: February 5, 2026 to February 4, 2027
  • Results of voting to be declared within 2 working days from meeting conclusion and posted on company website