Meeting Details

  • AGM Date: Wednesday, September 23, 2026, at 03:30 P.M. IST
  • Venue: Majestic Court, Sarovar Portico, X-5/2, TTC Industrial Area, Mahape, Navi Mumbai-400710
  • Cut-off Date for determining members eligible for e-voting: Wednesday, September 16, 2026
  • Remote e-voting period: From September 20, 2026 at 09:00 A.M. IST to September 22, 2026 at 05:00 P.M. IST

Agenda Items and Resolutions

Ordinary Business

1. Adoption of Financial Statements: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for FY ending March 31, 2026, together with Reports of Board of Directors and Auditors. (Ordinary Resolution)

2. Re-appointment of Director: To appoint Mr. Narendra Prabhakar Mahajani (DIN: 01048676) who retires by rotation as Non-Executive - Non-Independent Director. (Ordinary Resolution)

Special Business

3. Increase in Authorized Share Capital: To increase Authorized Share Capital from ₹6,00,00,000 (60,00,000 equity shares of ₹10 each) to ₹15,00,00,000 (1,50,00,000 equity shares of ₹10 each) and consequent alteration of Memorandum of Association Clause V. (Ordinary Resolution)

4. Bonus Issue: To issue bonus shares in ratio 1:1 (1 new share for every 1 existing share) by capitalizing approximately ₹5,51,02,370 from Retained Earnings. Approximately 55,10,237 bonus equity shares of ₹10 each to be issued. Shares will rank pari-passu with existing shares. Record date to be fixed by Board. (Ordinary Resolution)

5. Remuneration Approval: To approve remuneration of Mr. Balkrishna Kamalakar Tendulkar (DIN: 02448116) as Managing Director for two years, not exceeding ₹50,00,000 per annum (inclusive of salary, perquisites, benefits and allowances). (Special Resolution)

6. Re-appointment of Independent Director: To re-appoint Mr. Prakash Vithal Page (DIN: 00096443) as Independent Director for second term of five years (February 5, 2027 to February 4, 2032) and approve continuation beyond age of 75 years (attains 75 on September 18, 2028). (Special Resolution)

Financial Information

  • Current Authorized Share Capital: ₹6,00,00,000
  • Proposed Authorized Share Capital: ₹15,00,00,000
  • Bonus Issue Amount: ₹5,51,02,370 (from Retained Earnings)
  • Number of Bonus Shares: Approximately 55,10,237
  • MD Remuneration Cap: ₹50,00,000 per annum
  • FY2026 Financials (Reference): Gross Turnover & Other Income: ₹4179.61 lakhs, Net Profit: ₹712.62 lakhs, Net Worth: ₹4203.99 lakhs

Voting Information

  • Voting through electronic means and/or at AGM
  • Scrutinizer: M/s. Makarand M. Joshi and Co.
  • Results to be placed on company website and communicated to BSE

Additional Information

  • Registrar and Share Transfer Agent: MUFG Intime India Private Limited
  • Documents available for inspection at Registered Office during working hours
  • Members requested to update PAN, KYC, bank details, and nomination details
  • SEBI mandate for dematerialized shares only for service requests
  • Route map and landmarks provided for physical venue

Annexures

  • Annexure A: Director particulars including qualifications, expertise, shareholding, and other directorships
  • Annexure B: Explanatory statement for special business items
  • Annexure C: Route map to AGM venue
  • Proxy form and attendance slip included

Key Dates

  • Notice Date: August 31, 2026
  • AGM Date: September 23, 2026
  • Cut-off Date: September 16, 2026
  • E-voting Period: September 20-22, 2026

Compliance References

  • Regulation 30 of SEBI (LODR) Regulations, 2015
  • Section 102 of Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • SEBI Circulars regarding e-voting and dematerialization