AGM Details

The 35th Annual General Meeting of Maitri Enterprises Limited is scheduled to be held on Wednesday, September 30, 2026 at 3:30 P.M (IST) at the Registered Office of the Company at "Gayatri House", Ashok Vihar, Near Maitri Avenue Society, Opposite Government Engineering College, Motera, Sabarmati, Ahmedabad – 380005, Gujarat.

Remote E-Voting Details

The Company will provide remote e-voting facility to members from Sunday, September 27, 2026 at 9:00 a.m. to Tuesday, September 29, 2026 at 5:00 p.m. The cut-off date for determining voting eligibility is Wednesday, September 23, 2026.

Business Items to be Transacted

Ordinary Business

1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors.

2. To appoint a Director in place of Mr. Deepak Rameshlal Ambwani (DIN: 03054773), who retires by rotation and offers himself for re-appointment.

Special Business

3. Appointment of Secretarial Auditors: To appoint M/s. Nisarg Sharma & Associates, Practising Company Secretaries, as Secretarial Auditors for five consecutive financial years from FY 2026-27 to FY 2030-31 at a remuneration not exceeding ₹2,00,000/- per financial year plus applicable taxes and out-of-pocket expenses.

4. Regularization of Independent Director: To appoint Mr. Bharat Ramjibhai Sisodia (DIN: 11327540) as Non-Executive Independent Director for five years from November 14, 2025 to November 13, 2030. He was initially appointed as Additional Director on November 14, 2025.

5. Related Party Transactions: To approve contracts/arrangements with Gayatri Infrastructure Limited (Related Party) for purchase/sale/supply of goods, works contract services, and development of residential/commercial properties for an aggregate amount not exceeding ₹250 Crore in each Financial Year during FY 2026-27, FY 2027-28 and FY 2028-29.

6. Additional Limit under Section 186: To approve a Special Resolution for additional limit of ₹200 Crore over and above the limits prescribed under Section 186(2) of Companies Act, 2013 for loans, investments, guarantees and securities.

7. Corporate Guarantee: To approve a Special Resolution for providing Corporate Guarantee up to ₹40 Crore in favour of Bank of India for securing credit facilities of Gayatri Infrastructure Limited for financing "Maitri Elevate Scheme" at Motera, Ahmedabad.

Financial Implications

  • Secretarial Auditor remuneration: ₹2,00,000 per year plus taxes and expenses
  • Related Party Transaction limit: ₹250 Crore per year for three years
  • Additional Section 186 limit: ₹200 Crore
  • Corporate Guarantee exposure: ₹40 Crore

Director Details

  • Mr. Deepak Rameshlal Ambwani (DIN: 03054773): Non-Executive Director, age 45, holds 1,00,000 equity shares, remuneration drawn during FY 2025-26: ₹3,43,105/-
  • Mr. Bharat Ramjibhai Sisodia (DIN: 11327540): Non-Executive Independent Director, age 49, remuneration drawn during FY 2025-26: ₹12,000/- (sitting fees)

Additional Information

The Annual Report including Notice of AGM is available on company website www.maitrienterprises.com. The Scrutinizer for e-voting is Mr. Nisarg Umeshkumar Sharma, Practising Company Secretary. Voting results will be submitted to BSE Limited within two working days from AGM conclusion.