Key Dates

  • AGM Date: Tuesday, September 29, 2026 at 01:00 PM IST
  • Cut-off Date for Voting Rights: Tuesday, September 22, 2026
  • Remote E-Voting Period: September 26, 2026 (09:00 AM) to September 28, 2026 (05:00 PM)
  • Result Declaration: On or before October 1, 2026 at 05:00 PM

Venue

32, Heera Panna Market, Pur Road, Bhilwara - 311001 (Rajasthan) India

Business Items

Ordinary Business

1. To receive, consider and adopt Audited Financial Statement, Director's Report with annexures, and Auditor's Report for FY ended March 31, 2026

2. To appoint Mrs. Pallavi Laddha [DIN: 06856220] who retires by rotation and offers herself for re-appointment

Special Business

3. Ratification of Remuneration of Cost Auditors for FY 2026-27: Ordinary Resolution to ratify remuneration of ₹15,000 plus GST and out-of-pocket expenses payable to M/s Avnesh Jain & Co, Cost Accountants (Firm Reg. No. 101048)

4. Re-appointment of Mr. Maheshchandra Kailashchandra Laddha as Whole Time Director: Special Resolution for re-appointment from August 9, 2027 to August 8, 2030 with following remuneration:

  • Salary: ₹3,00,000 per month (scale of ₹3,00,000-4,00,000-5,00,000)
  • Perquisites: Provident fund, gratuity, leave encashment, medical reimbursement (up to one month salary per year), club membership (max 2 clubs), insurance, entertainment and traveling expenses
  • Resolution seeks approval for remuneration exceeding 2.5% of net profits and ₹5 crore limit under Section 198 of Companies Act, 2013

5. Appointment of Mr. Manishkumar Balkrishna Porwal [DIN: 01570715] as Independent Director: Special Resolution for appointment for 5 years from September 2, 2026

6. Appointment of Mr. Satya Narayan Maheshwari [DIN: 11874369] as Independent Director: Special Resolution for appointment for 5 years from September 2, 2026

7. Appointment of Mr. Mahendra Singh Rana [DIN: 03431764] as Independent Director: Special Resolution for appointment for 5 years from September 2, 2026

8. Approval of Material Related Party Transactions: Ordinary Resolution to approve material RPTs with 22 related parties for FY 2026-27 with maximum aggregate value not exceeding ₹500 crore or 10% of consolidated turnover/net worth (whichever is lower)

Related Party Transactions Details

The notice provides detailed information on 22 related parties for which material RPT approval is sought, including:

  • Ashish International, Kamlesh Synthetics, Palak Garments, Prachi Creation, Seema Synthetics
  • Charbhuja Impex, Shree Synthetics, Kamlesh Kailashchandra Laddha HUF, Everstrong Marketing Private Limited
  • Ladha Kailashchandra Hiralal (HUF), Ladha Maheshchandra Kailashchandra (HUF), Ladha Yogesh Kailashchand (HUF)
  • Kailashchandra Hiralal Laddha, Citifab Sutting, Jack N Jill, Druhinah Agro Private Limited
  • Fornax Fashion Private Limited, Yogesh Laddha, Maheshchandra Kailashchandra Laddha
  • Kamlesh Kailashchandra Laddha, Pallavi Laddha, Aditi Maheshchandra Laddha, Ashish Maheshchandra Laddha

Transaction types include: weaving charges, fabric purchase/sale, yarn/cotton purchases, loan transactions, interest payments, machinery sales, remuneration, rent payments, consultancy fees

Director Details

Mrs. Pallavi Laddha [DIN: 06856220]

  • Whole Time Director seeking re-appointment
  • Initial appointment: March 29, 2014
  • Qualifications: MBA
  • Last remuneration (FY 2025-26): ₹30,00,000
  • Shareholding: 11,26,336 equity shares

Mr. Maheshchandra Kailashchandra Laddha [DIN: 02333125]

  • Whole Time Director seeking re-appointment
  • Initial appointment: February 15, 2011
  • Qualifications: Graduate
  • Last remuneration (FY 2025-26): ₹12,00,000
  • Shareholding: 11,60,109 equity shares

New Independent Director Appointments

  • Mr. Manishkumar Balkrishna Porwal: Chartered Accountant, 25 years textile industry experience
  • Mr. Satya Narayan Maheshwari: M.COM, CAIIB, ex-AGM State Bank of India with 41 years experience
  • Mr. Mahendra Singh Rana: B.A., LLB, ex-AVP SBI General Insurance with 20 years experience

Distribution Details

  • Notice and Annual Report 2025-26 sent electronically to members with registered email IDs
  • Physical copies sent by registered post to members without registered email IDs
  • Documents available on company website: https://manomaytexindia.com/
  • Advertisement published in Financial Express (English) and Lokjeewan (Hindi) newspapers

Voting Arrangements

  • E-voting facility provided through NSDL
  • Scrutinizer: Mr. R.K. Jain of R.K. Jain & Associates, Practicing Company Secretary
  • Results to be displayed on company website, NSDL e-voting website, and communicated to BSE and NSE

Financial Impact

  • Cost auditor remuneration: ₹15,000 + GST + out-of-pocket expenses
  • Whole Time Director remuneration: ₹3,00,000 per month plus perquisites
  • Material RPTs: Maximum aggregate value ₹500 crore or 10% of consolidated turnover/net worth