Meeting Details

  • Date: Friday, September 25, 2026
  • Time: Commenced at 04:18 P.M. (IST) and concluded at 04:48 P.M. (IST)
  • Location: Conducted through Video Conferencing/Other Audio Visual Means, with the registered office of the Company deemed as the venue
  • Type of Meeting: 14th Annual General Meeting
  • Quorum: Requisite quorum was present at 04:18 PM and remained present throughout the proceedings

Attendance

  • Total Members: 37 members attended the meeting
  • Promoter Group: 7 members
  • Public Shareholders: 30 members
  • Directors Present: All directors attended virtually
  • Other Attendees: Mr. Kamlesh Solanki (CFO), Representative of M/s P G Hemani & Co. (Statutory Auditors), Mr. Ranjit Singh (Secretarial Auditor)

Directors in Attendance via Video Conferencing

1. Mr. Nilesh Patel - Chairman & whole-time director

2. Mr. Rohit Chauhan - Managing Director

3. Mr. Chintan Bhadiyadra - Non-executive Director

4. Mr. Dipak Patel - Independent Director and Chairman of stakeholder relationship committee, member of Audit Committee and Nomination & Remuneration committee

5. Mr. Jaysukh Dabhi - Independent Director and chairman of Audit committee, member of Nomination and Remuneration Committee & Stakeholder Relationship committee

6. Mrs. Dinal Lakhani - Independent Director and member of Nomination & Remuneration committee and Stakeholder Relationship committee

Documents and Reports

  • Notice dated 2nd September, 2026 and Board Report were circulated along with the 14th Annual Report of FY 2025-26 to all registered equity shareholders via email
  • Original set of Audited Financial Statements of FY 2025-26 along with Auditors' Report and Register of Directors' Shareholding were available for inspection
  • Auditors Report for FY 2025-26 was unqualified and without any observations

Voting Process

  • Remote E-voting Period: Commenced at 09:00 A.M. on Tuesday, 22nd September, 2026 and ended on Thursday, 24th September, 2026, at 05:00 P.M.
  • E-voting at AGM: Facility provided for members who attended the AGM through VC and did not cast their vote remotely
  • Scrutinizer: Mr. Ranjit Singh, Practicing Company Secretary, appointed for scrutinizing the remote e-voting and e-voting process
  • Results Declaration: To be declared within 48 hours on the basis of the Scrutinizer's Report
  • E-voting Closure: E-voting facility remained open for 15 minutes after conclusion of AGM, closing at 05:03 P.M.

Resolutions Presented for Approval

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements including Balance Sheet as at March 31, 2026 and Statement of Profit and Loss and Cash flow statement for financial year ended March 31, 2026 with Board of Directors' and Auditors' Report

2. To appoint Mr. Rohit Bhikhabhai Chauhan (DIN: 06396973), Managing Director who retires by rotation and offers himself for re-appointment

3. Appointment of M/s. M P Gohil & Co (Firm Registration No.: 160286W) as Statutory Auditors

Special Business:

4. Appointment of M/s. M P Gohil & Co (Firm Registration No.:160286W) Chartered Accountants as Statutory Auditors to fill casual vacancy

5. To ratify remuneration to M/s. Chetan Gandhi & Associates, Practicing Cost Accountants, for financial year ending 31 March 2027

6. Approval of Material Related Party Transactions with International Metal Corporation

7. Approval of Material Related Party Transactions with Maruti Industries

Additional Information

  • No requests were received from members for speaker registration at the meeting
  • Mrs. Sneha Langaliya, Company Secretary & Compliance Officer, was authorized to carry out the e-voting process and conclude the Meeting
  • The document explicitly states it does not constitute Minutes of the proceedings of the Annual General Meeting

Compliance Statement

The meeting was conducted in accordance with provisions of Companies Act, 2013, Circular(s) issued by Ministry of Corporate Affairs, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.