Meeting Details
The 9th Annual General Meeting is scheduled to be held on Tuesday, September 29, 2026 at 02:00 P.M. IST through Video Conference (VC) / Other Audio Visual Means (OAVM) in compliance with MCA and SEBI circulars.
Cut-off Date and Voting Eligibility
The Register of Members and share transfer books will not be closed as there are no physical shareholders. Members whose names are recorded in the Register of Members or in the Register of Beneficial Owners maintained by the Depositories as on the cut-off date of Tuesday, September 22, 2026 shall be entitled to avail the facility of remote e-voting as well as e-voting system on the date of the AGM.
Business Items to be Transacted
Ordinary Businesses:
1. To consider and adopt the audited financial statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon.
2. To appoint a Director in place of Mr. Mohit Malpani (DIN: 07691981), Whole-Time Director who retires by rotation and being eligible, seeks re-appointment.
Special Business:
3. To ratify the remuneration payable to the Cost Auditor appointed by the Board of Directors for the financial year 2026-27.
Voting Procedures
- Remote e-voting will commence on 9:00 A.M. on Saturday, September 26, 2026 and will end on 5:00 P.M. on Monday, September 28, 2026
- The company has appointed M/s. PRASAD AND PARTNERS LLP (Formerly known as M/S. ALAP & CO. LLP) (FRN: L2023GJ013900) as Scrutinizer
- The voting rights of members shall be in proportion to their share in the paid-up equity share capital as on the cut-off date
- NSDL serves as the authorized e-voting agency
Cost Auditor Remuneration Details
The Board of Directors at its meeting held on September 01, 2026, approved the appointment of M/s. Satish Kumar Gupta, Cost Accountants (Firm Registration No. 101922) to conduct the audit of the cost records for FY 2026-27. The remuneration payable is ₹50,000/- plus applicable tax, travelling and other out-of-pocket expenses.
Director Re-appointment Information
Mr. Mohit Malpani (DIN: 07691981), Whole-Time Director:
- Date of Birth: June 21, 1988
- Qualification: Master of Business Administration (Marketing), Bachelor of Commerce
- Experience: 7 years in Pipes and fixtures Industry, oversees business development, Marketing, Sales and Distribution
- Shares held as on March 31, 2026: 16,62,375 Equity Shares
- Remuneration Last Drawn: ₹13.63 Lakhs
- Date of Original Appointment: February 03, 2017
- Date of Appointment in current terms: August 26, 2024
- Board Meetings attended during FY 2025-26: 11 out of 11