Company Disclosure: 16th Annual General Meeting Proceedings

Meeting Details

  • Event: 16th Annual General Meeting
  • Date: Thursday, September 3, 2026
  • Time: Commenced at 11:30 AM IST, concluded at 1:01 PM IST
  • Mode: Conducted through two-way Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Cut-off date for voting rights: Thursday, August 27, 2026

E-Voting Details

  • Service provider: National Securities Depository Limited (NSDL)
  • Remote e-voting period: Monday, August 31, 2026 (9:00 AM) to Wednesday, September 2, 2026 (5:00 PM)
  • E-voting at AGM: Available for eligible members who hadn't cast votes through remote e-voting
  • Scrutinizer: CS Anil Kumar Dubey from M & A Associates, Practicing Company Secretary (COP No: 12588)

Meeting Proceedings

Mr. Siddhartha Shankar Roy chaired the meeting as Chairman. Mrs. Shruti Agarwal, Company Secretary, confirmed requisite quorum was present and briefed members about meeting compliance and guidelines.

Presentations Made

  • Chairman Mr. Siddhartha Shankar Roy delivered his speech to members
  • Managing Director Mr. Sushil Kumar Agrawal presented the financial performance for FY ended March 31, 2026 and future growth prospects

Businesses Transacted

The following resolutions from the Notice dated July 14, 2026 were considered:

Ordinary Businesses:

1. Adoption of Annual Audited Financial Statements (Standalone & Consolidated) for FY ended March 31, 2026 and Reports of Board of Directors and Auditors

2. Declaration of Final Dividend of 5% per equity share of Re. 1/- each for FY ended March 31, 2026

3. Appointment of Mr. Karan Agrawal (DIN: 05348309) who retires by rotation and offers himself for re-appointment

Special Businesses:

4. Ratification of remuneration of Cost Auditors for financial year ending March 31, 2027

5. Re-appointment of Mr. Venkata Srinarayana Addanki (DIN: 10141427) as Whole Time Director and fixation of his remuneration

6. Re-appointment of Mr. Sushil Kumar Agrawal (DIN: 00091793) as Managing Director

7. Re-appointment of Mr. Karan Agrawal (DIN: 05348309) as Whole-time Director

8. Revision in Remuneration of Mr. Sushil Kumar Agrawal, Managing Director

9. Revision in Remuneration of Mr. Tushar Agrawal, Senior Vice-President

10. Revision in Remuneration of Mr. Tushar Agrawal, Whole-Time Director

11. Appointment of Mr. Devansh Agrawal as Vice-President Business Development at remuneration of Rs. 8,00,000/- per month

Shareholder Interaction

Four (4) registered speakers expressed feedback, queries and suggestions. Mr. Karan Agrawal, Whole-time Director, responded to queries and provided necessary clarifications.

Results Declaration

The consolidated results of e-voting along with Scrutinizer's Report will be declared within 2 working days from conclusion of AGM and will be available on the company website, NSDL website, and submitted to NSE and BSE. Results will also be placed on the notice board at the Registered Office.

Regulatory Compliance References

The meeting was conducted in compliance with:

  • Companies Act, 2013 and rules thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars: No. 14/2020, 17/2020, 20/2020, 02/2021, 02/2022, 10/2022, 09/2023, 09/2024, 3/2025
  • SEBI Circulars: SEBI/HO/CFD/CMD1/CIR/P/2020/79, SEBI/HO/CFD/CMD2/CIR/P/2021/11, SEBI/HO/CFD/CMD2/CIR/P/2022/62, SEBI/HO/CFD/PoD-2/P/CIR/2023/4, SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167, SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133, SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2025/83
  • Secretarial Standard (SS-2) issued by ICSI