Key Dates and Logistics

  • AGM Date & Time: Wednesday, 5th August, 2026 at 04:00 PM IST.
  • AGM Mode: To be held through Video Conferencing (VC) / Other Audio Visual Means (OAVM) without physical attendance, as per MCA General Circular No. 09/2024 and SEBI Circular No. SEBI/HO/CFD-PoD-2/P/CIR/2024/133.
  • Remote E-Voting Period: Commences on Sunday, 2nd August, 2026 (9:00 AM IST) and ends on Tuesday, 4th August, 2026 (5:00 PM IST).
  • Cut-off Date for E-Voting & Dividend Eligibility: Tuesday, 28th July, 2026.
  • Book Closure Period: From Wednesday, 29th July, 2026 to Wednesday, 5th August, 2026 (both days inclusive).

Agenda Items for the 49th AGM

Ordinary Business

1. To receive, consider, and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended 31st March, 2026, together with the Reports of Directors and Auditors.

2. To declare a dividend on equity shares for the financial year ended 31st March, 2026. The dividend payment is subject to member approval at the AGM. The record date for determining eligibility is 28th July, 2026.

3. To re-appoint Ms. Sharanya Menon (DIN: 09159300), who retires by rotation.

4. To re-appoint Ms. Devika Menon (DIN: 09694895), who retires by rotation.

Special Business

5. Ratification of Cost Auditor Remuneration: To ratify the payment of remuneration to M/s. C S Adawadkar & Co., Cost Accountants, Pune (FRN-100401) for conducting the cost audit for FY 2026-27. The remuneration is set at ₹1,50,000/- (Rupees One Lakh Fifty Thousand) plus applicable GST and reimbursement of out-of-pocket expenses.

6. Appointment of Independent Director: To appoint Mr. Gurudas Kamalakar Chorage (DIN: 07233826) as a Non-Executive & Independent Director via a Special Resolution. He was appointed as an Additional Director effective 18th June, 2026. His proposed term is from 18th June, 2026 to 17th June, 2029.

7. Appointment of Executive Director: To appoint Ms. Nivedita Menon (DIN: 11771942) as an Executive Director via an Ordinary Resolution. She was appointed as an Additional Director effective 18th June, 2026 and will be liable to retire by rotation.

8. Approval of Executive Director Remuneration: A Special Resolution seeks approval for the remuneration paid and payable to Ms. Nivedita Menon:

  • For the period from 18th June, 2026 to 31st March, 2027: ₹7.55 Lakhs (already paid, seeking ratification).
  • For Financial Year 2027-28: Up to ₹30 Lakhs.
  • For Financial Year 2028-29: Up to ₹40 Lakhs.

The resolution includes provisions for paying minimum remuneration in case of absence or inadequacy of profits, subject to Schedule V of the Companies Act, 2013.

Director Details from Annexure A

  • Ms. Sharanya Menon (DIN: 09159300): Executive Director, age 32, holds 4,208,664 shares. Remuneration last drawn: ₹25.41 Lakhs.
  • Ms. Devika Menon (DIN: 09694895): Executive Director, age 28, holds 4,208,664 shares. Remuneration last drawn: ₹16.48 Lakhs.
  • Mr. Gurudas Kamalakar Chorage (DIN: 07233826): Prospective Independent Director, age 39, holds 0 shares. A Fellow Chartered Accountant (FCA) with over 15 years of experience.
  • Ms. Nivedita Menon (DIN: 11771942): Prospective Executive Director, age 24, holds 4,208,660 shares. Holds a B.Sc. in Business Management from the University of Exeter, UK. Remuneration for part of FY27: ₹3.33 Lakhs.

Additional Information for Shareholders

  • The Register of Members and Share Transfer Books will be closed from 29th July to 5th August 2026.
  • Unclaimed dividend for the financial year 2018-19 must be claimed before 1st September 2026, after which it will be transferred to the Investor Education and Protection Fund (IEPF).
  • Shares on which dividend has remained unclaimed for seven consecutive years (2017-18) have already been transferred to the IEPF authority.
  • Mr. Devendra Deshpande, Practicing Company Secretary, Pune, has been appointed as the Scrutinizer for the e-voting process.
  • Detailed instructions for remote e-voting (via NSDL, CDSL, or InstaVote) and for attending the AGM via VC/OAVM (InstaMeet) are provided in the notice.