Meeting Details

  • Date: Wednesday, September 30, 2026
  • Time: 02:30 PM IST
  • Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Deemed Venue: Registered office of the Company at "Mahalaxmi House", YSL Avenue, Opp. Ketav Petrol Pump, Polytechnic Road, Ambawadi, Ahmedabad – 380 015, Gujarat
  • Script Code: 544233

Proposed Resolutions and Implications

Ordinary Businesses:

1. Adoption of Financial Statements: To receive, consider and adopt the Audited (Standalone and Consolidated) Financial Statements for the financial year ended March 31, 2026, including Balance Sheet, Statement of Profit & Loss, Cash Flow Statement, Statement of Changes in Equity, along with Board's Report and Auditors' Report.

2. Reappointment of Director: To appoint Shri Anand Jeetmal Parekh (DIN: 00500384) as Managing Director who retires by rotation and is eligible for re-appointment. He joined the company in 2008 and is a second-generation entrepreneur and Chartered Accountant responsible for textile processing and exports. He holds 17,05,676 equity shares and attended 8 board meetings during FY 2025-26.

Special Business:

3. Appointment of Secretarial Auditor: To appoint M/s. Rohit Periwal & Associates, Practicing Company Secretaries, as Secretarial Auditor for a term of three consecutive years from FY 2026-27 to FY 2028-29. This appointment follows the resignation of previous auditor M/s. Malay Desai & Associates on July 27, 2026, due to pre-occupation with other professional assignments. The firm has over 7 years of experience in secretarial audit and other compliance services with no orders passed against them by regulatory authorities in the past five years.

Voting Process and Methods

  • Remote E-voting Period: Commences at 09:00 AM IST on Sunday, September 27, 2026, and ends at 05:00 PM IST on Tuesday, September 29, 2026
  • Cut-off Date: Wednesday, September 23, 2026 (for determining voting eligibility)
  • Voting Methods:
  • Individual shareholders holding securities in demat mode can vote through NSDL or CDSL platforms
  • Shareholders holding physical shares/non-individual shareholders can vote through InstaVote platform
  • Detailed login instructions provided for each category of shareholders
  • Scrutinizer: Shri Rohit Periwal, Proprietor of M/s. Rohit Periwal & Associates, appointed to conduct e-voting process

Compliance with Laws and Regulations

The notice confirms compliance with:

  • Companies Act, 2013 and Rules made thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standard 2 on General Meetings
  • MCA Circulars dated September 22, 2025, and other relevant circulars
  • SEBI Circular dated July 11, 2023, regarding e-voting facilities

Additional Information

  • Register Closure: Register of Members and Transfer Book will remain closed from September 24-30, 2026 (both days inclusive)
  • Communication Mode: Notice and Annual Report sent only through electronic mode to members with registered email IDs
  • Documents Availability: Documents available on company website (https://www.mahalaxmigroup.net/MFML), BSE (www.bseindia.com), and NSE (www.nseindia.com) websites
  • Helpdesk: Technical support provided for voting issues through specified contact channels
  • Result Declaration: Voting results along with scrutinizer's report will be posted on company, exchange, and e-voting agency websites after declaration