AGM Schedule Revisions

  • Revised the cut-off date for remote e-voting and e-voting for the 20th Annual General Meeting from Monday, 21st September 2026 to Tuesday, 22nd September 2026
  • The Register of Members and Share Transfer Books will remain closed from Tuesday, 22nd September 2026 to Tuesday, 29th September 2026 (both days inclusive) for the AGM
  • The date of the 20th Annual General Meeting remains unchanged as Tuesday, 29th September 2026
  • These changes are pursuant to Section 91 of the Companies Act, 2013 and Regulation 42 of the SEBI (LODR) Regulations, 2015

Director Changes

  • Accepted the resignation of Mr. Mayank Desai (DIN: 00354210) as Non-Independent Non-Executive Director, effective from close of business hours on 31st August 2026. The resignation was to pursue career opportunities outside the organization.
  • Recommended the re-appointment of Ms. Kenny Desai, who retires by rotation and is eligible for re-appointment, subject to member approval at the ensuing AGM. This revises the earlier recommendation relating to Mr. Mayank Desai as the director retiring by rotation.
  • Appointed Mr. Het Desai (DIN: 11914620) as an Additional Director, designated as Executive Director (Whole-time Director) effective 31st August 2026 for a period of five years up to 30th August 2031, subject to member approval at the ensuing AGM and other applicable statutory/regulatory approvals

Director Profile and Relationships

Mr. Het Desai holds a B.S. in Robotics Engineering Technology from Purdue University, Indiana, with concentrations in Mechanisms & Controls and AI & Software. His technical expertise includes Controls & Automation, Robotics & Mechatronics, Programming Software, and CAD & Design. He has achieved 1st position nationally and 9th internationally at the 2021 World Robot Olympiad Sr. High (Germany) and 8th position internationally at the 2018 Robotex Line Follower (Estonia). He has practical experience in Automation & Controls, Automated Doffing Systems, and 3D Design (CAD) through internships at Meera Industries Limited. He has demonstrated leadership and organizational capabilities as a Hardware Hackathon Organizer at StarkHacks and as Treasurer of Parker Parliament where he managed an annual budget of $40,000.

Mr. Het Desai is the son of Mr. Dharmesh Desai (Chairman & Managing Director) and Mrs. Bijal Desai (Whole-time Director), and is related to Ms. Kenny Desai (Executive Director).

Document Revisions

The Board approved the Revised draft Notice of AGM and Revised Board's Report along with all annexures for the financial year ended 31st March 2026, superseding the draft Board's Report approved at the Board Meeting held on 14th August 2026.