Meeting Details
The 80th Annual General Meeting will be held on Wednesday, 9th September 2026 at 11:30 a.m. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) facility. The meeting is being conducted virtually in accordance with Ministry of Corporate Affairs circulars Nos. 20/2020 dated 5th May 2020 and 3/2025 dated 22nd September 2025.
Agenda Items
Ordinary Business
1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March 2026 and the Directors' and Auditors' Reports thereon.
2. To appoint a director in place of Mr. Premchand Surana (DIN: 06508125), who retires by rotation and being eligible, offers himself for reappointment.
Special Business
3. Special resolution for re-appointment of Mr. Daarrpan Shah (DIN: 09449828) as an Independent Director of the Company for a second term.
Director Reappointment Details
Mr. Daarrpan Shah's first term as Independent Director will expire on 29th December 2026. The resolution proposes his reappointment for a second term of five consecutive years from 30th December 2026 to 29th December 2031.
Director Qualifications and Experience
- Mr. Daarrpan Shah: MBA (Financial Planning & Insurance), 19+ years experience as Financial Consultant (Investment, Insurance and Project Finance)
- Mr. Premchand Surana: Master of Commerce (M.Com), 38+ years experience in Cash Management, Employee Credit, Corporate Society – Loans, Customer Management, Accounts and Commercial General administration
Director Shareholding
- Mr. Premchand Surana: 4 shares as of notice date
- Mr. Daarrpan Shah: NIL shares as of notice date
Voting Arrangements
The remote e-voting period begins on Sunday, 6th September 2026 at 9:00 AM IST and ends on Tuesday, 8th September 2026 at 5:00 PM IST. The cut-off date for determining members entitled to vote is 2nd September 2026.
Parikh Dave & Associates, Practicing Company Secretaries, Ahmedabad has been appointed as the Scrutinizer to scrutinize the e-voting process. Voting results will be declared within two working days of the AGM conclusion and placed on the company's website (www.madhusudan-india.com) and CDSL website.
Shareholder Information
The Notice and Annual Report 2025-26 are being sent only through electronic mode to members with registered email addresses. Physical attendance of members has been dispensed with, and the facility for appointment of proxies is not available for this AGM.
Members seeking information about accounts or AGM matters must write to the Company by 1st September 2026 via email at cs@madhusudan-india.com.