Meeting Details

  • Date: Wednesday, September 23, 2026
  • Time: 02:00 PM to 02:25 PM
  • Location: Registered Office of the company at Plot No. 2234, Near Kranti Gate, GIDC Metoda – 360 021, Talu-Lodhika, Dist – Rajkot, Gujarat, India
  • Type of Meeting: 23rd Annual General Meeting (AGM)

Attendance

  • Total Members Present: 38 members in person
  • Proxyholders Present: None
  • Directors Present:
  • Mr. Rupesh J. Mehta (DIN: 01474523) - Chairman & Managing Director
  • Mr. Nikesh J. Mehta (DIN: 01603779) - Whole-time Director & CEO
  • Mrs. Riya R. Mehta (DIN: 01603726) - Woman Non-Executive Director
  • Mr. Rajubhai R. Bhanderi (DIN: 07986563) - Independent Director (Chairman of Audit Committee, Stakeholder's Relationship Committee & Nomination and Remuneration Committee)
  • Mr. Deven Doshi (DIN: 07994505) - Independent Director
  • Directors Absent: Mr. Maulik Mokariya (DIN: 05310868) - Independent director (due to unavoidable circumstances)
  • Key Managerial Personnel Present: Mr. Vishal Mehta (CFO) and Mr. Sujeet Kateliya (Company Secretary)
  • Other Attendees: Representative of statutory Auditor M/s. S. C. Makhecha & Associates and Mr. Kalpesh P. Rachchh, proprietor of M/s. K.P. Rachchh & co. (Secretarial Auditor)

Proposed Resolutions

The following resolutions were proposed for shareholder consideration:

ORDINARY BUSINESS

1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2026, together with the Report of the Board of Directors and Auditor's thereon (Ordinary Resolution)

2. To declare final dividend for the financial year ended March 31, 2026 (Ordinary Resolution)

3. To appoint a Director in place of Mrs. Riyaben Rupeshbhai Mehta [DIN:01603726] who retires by rotation and, being eligible, offers herself for reappointment (Ordinary Resolution)

SPECIAL BUSINESS

4. To ratify Remuneration of Cost Auditor for Financial Year 2026-27 (Ordinary Resolution)

Voting Process

  • Remote E-voting Period: September 20, 2026 to September 22, 2026
  • E-voting Platform: INSTAVOTE Platform of MUFG INTIME INDIA PRIVATE LIMITED
  • Physical Voting: Ballot paper voting facility was provided for shareholders present in person who had not cast their vote electronically
  • Scrutinizer Appointment: Mr. Kalpesh P. Rachchh, Proprietor of M/s. K. P. Rachchh & Co., Company Secretaries was appointed as scrutinizer for orderly conduct of voting through E-Voting and Ballot process
  • Ballot Paper Voting: No members voted through ballot paper at the AGM

Voting Results Timeline

The document states that the result of the remote e-voting and the Scrutinizers' Report will be notified to the Stock Exchange within statutory timelines and uploaded on the company's website and the INSTAVOTE Platform website. The scrutinizer was expected to submit a consolidated report on the total votes cast in favor and against the resolutions to the Chairman within two working days.

Compliance Statements

The company confirmed compliance with:

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

The necessary registers pursuant to the Companies Act, 2013 and rules made thereunder, and documents referred to in the Notice of 23rd AGM were available for inspection.

Additional Information

  • The meeting was chaired by Mr. Rupesh J. Mehta
  • The Notice of 23rd AGM and Report of Statutory Auditor were taken as read with no observations or qualifications having adverse effect on the company's functioning
  • Shareholder queries were addressed by the Chairman during the meeting
  • The company's scrip code is INE155Z01011, series EQ