Meeting Details

  • Meeting Type: 9th Annual General Meeting
  • Date: Thursday, September 24, 2026
  • Time: 12:00 noon IST
  • Mode: Video Conference (VC)/Other Audio-Visual Means (OAVM)
  • Deemed Venue: Registered office of the Company

Agenda Items

Ordinary Business

1. To receive, consider and adopt the Audited Financial Statements of the company for the financial year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon.

2. To appoint a director in place of Mr. Sajan Kumar Bhartia (DIN: 07967810), who retires by rotation and being eligible, offers himself for re-appointment.

Special Business

3. To take approval for entering into Material Related Party Transactions by the Company with the following related party:

  • Related Party: I'Design Fashions Private Limited (Subsidiary Company)
  • Nature of Transactions: Purchase/sale/trade/dealing of goods and services; Making loans/business advances/inter-corporate deposits
  • Maximum Amount: ₹50.00 Crores
  • Regulatory References: Section 188 of Companies Act, 2013; SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Approval Status: Already approved by Audit Committee on May 21, 2025, and Board of Directors

4. To re-appoint Mrs. Anita Bhartia (DIN: 09338148) as Non-Executive Director of the Company with effect from May 1, 2026, liable to retire by rotation.

Director Details

Mr. Sajan Kumar Bhartia (Proposed for re-appointment)

  • DIN: 07967810
  • Age: 54 years
  • Qualification: Graduation from Banaras Hindu University (1992)
  • Experience: 25+ years in cotton and fabrics industries
  • Current Designation: Whole Time Director and Chief Financial Officer
  • Shareholding: 8,22,489 Equity Shares
  • Remuneration: ₹12 lakh
  • First Appointment: November 24, 2017
  • Committee Membership: Stakeholders Relationship Committee

Mrs. Anita Bhartia (Proposed for re-appointment)

  • DIN: 09338148
  • Age: 52 years (mentioned as 49 in one section, 52 in another)
  • Qualification: Bachelor of Arts from Gorakpur University (1995)
  • Experience: 8+ years in Apparel and Fabrics Industry
  • Current Designation: Non-Executive Director
  • Shareholding: 10 Equity Shares
  • Remuneration: Nil
  • First Appointment: May 02, 2023
  • Committee Memberships: Stakeholders Relationship Committee and Nomination and Remuneration Committee

Voting Information

  • Record Date: Thursday, September 17, 2026
  • Remote e-Voting Period: Sunday, September 20, 2026 (9:00 A.M.) to Wednesday, September 23, 2026 (5:00 P.M.)
  • Voting Service Provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: Mr. Hemant Maheshwari, Practising Company Secretary (Membership No. F14116, COP No. 10245)
  • Share Transfer Books Closure: September 17, 2026 to September 23, 2026 (both days inclusive)

Related Party Transaction Details

The explanatory statement provides that:

  • The aggregate value of transactions with I'Design Fashions Private Limited is likely to exceed 10% of the annual consolidated turnover
  • Transactions are in ordinary course of business and at arm's length
  • The Audit Committee has reviewed major terms and conditions
  • No related parties shall vote on the resolution

Additional Information

  • The Notice and Annual Report 2025-26 are being sent electronically to members
  • Documents available on company website: https://mishindia.com/
  • Registrar and Transfer Agent: Kfin Technologies Limited, Hyderabad
  • Company Secretary and Compliance Officer: Namrata Sudhakar Teli
  • Managing Director: Kaushal Goenka (DIN: 02446587)