Summary of Proceedings
Meeting Details
The 47th AGM was held on 8th July, 2026, commencing at 04:00 p.m. and concluding at 05:10 p.m. The meeting was conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM).
Attendance
All Directors, Key Managerial Personnel, Statutory Auditors, Secretarial Auditor, and the Scrutinizer participated through VC. Mr. Rohit Agrawal, Chairman, chaired the proceedings. CS Nalini Kankani, Company Secretary & Compliance Officer, conducted the meeting.
Voting Process
Remote e-voting commenced on Sunday, 5th July, 2026 at 09:00 a.m. and concluded on Tuesday, 7th July, 2026 at 5:00 p.m. E-voting facility was also available throughout the AGM and for 30 minutes after its conclusion for members who had not cast their vote through remote e-voting.
Ravi Patidar & Associates, Practicing Company Secretaries (Membership No. 55749) was appointed as the Scrutinizer to scrutinize both remote e-voting and e-voting during the AGM.
Quorum
Requisite quorum for the meeting was present as per section 103 of the Companies Act, 2013.
Business Transacted
The following items of business were transacted by remote e-voting and e-voting:
Ordinary Business:
1. Receipt, consideration, and adoption of the Audited Balance Sheet as at 31st March 2026, the Profit and Loss Account for the year ended on that date, and the Reports of the Directors and Auditors thereon.
2. Appointment of a director in place of Mr. Rohit Agrawal (DIN: 06531456), who retires by rotation and offered himself for re-appointment.
Special Business:
3. Appointment of M/S. A K B JAIN & CO., chartered accountants (FRN: 003904C), as statutory auditors to fill the casual vacancy caused by the resignation of the previous statutory auditors.
4. Appointment of M/S. A K B JAIN & CO Chartered Accountants (FRN: 003904C), as statutory auditors of the company.
5. Approval of Material Related Party Transactions with certain Related parties.
6. Ratification of related party transaction with Shri Satguru Agromills Private Limited.
7. Increase in authorised share capital of the Company and consequential amendment to the memorandum of association of the company.
8. Approval to advance any loan/give guarantee/provide security u/s 185 of the Companies Act, 2013.
9. To Take Note of the Revised Practicing Chartered Accountant Certificate pursuant to Regulation 45(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
10. Appointment of M/s. Ravi Patidar & Associates, Practising Company Secretary as a Secretarial Auditor of the company for the period of 5 years.
Shareholder Engagement
No questions were raised by shareholders during the meeting.
Results Disclosure
Members were informed that the results of voting (remote e-voting and e-voting during the meeting) along with the Scrutinizer's Report would be submitted to the Stock Exchange within 48 hours of conclusion of the meeting and uploaded on the company's website, as per Regulation 44(3) of the Listing Regulations.
Annexure Details
Annexure-A: Statutory Auditor Appointment
- Name of Auditor: M/s. A K B Jain & Co.
- Reason for Change: Appointment as Statutory Auditors
- Date of Appointment: 8th July, 2026
- Term of Appointment: Five consecutive years with effect from the conclusion of this AGM until the conclusion of the AGM to be held in the year 2031.
- Firm Profile: A K B Jain & Co. is a chartered accountancy firm (FRN: 003904C) offering audit, tax, compliance, and business advisory services with offices in Bhopal and a team of over 40 professionals serving 700+ clients across 35+ industries.
Annexure-B: Secretarial Auditor Reappointment
- Name of Secretarial Auditor: Mr. Ravi Patidar, Proprietor of Ravi Patidar and Associates, Practicing Company Secretaries (Membership No. 55749)
- Reason for Change: Reappointment for financial year 5 years from 2026-27
- Date of Reappointment: 16/05/2026
- Term of Appointment: 5 years from financial year 2026-27
- Contact Details: Address - 78, Jaora Compound Indore 452001; Email - csravipatidar02@gmail.com; COP - 25581