Meeting Details

The 1st Extra Ordinary General Meeting was conducted on June 05, 2026, from 11:30 AM to 12:00 PM at the company's registered office: Gala No. 4, Gulati Industries, Hattibaug Love Lane, Mazgaon, Mumbai, Maharashtra, 400010.

Record Date and Shareholding

Record date: May 29, 2026

Total number of shareholders on record date: 432

Total outstanding shares: 3,183,000

Voting Participation

Total votes polled: 1,738,008 shares (54.6028% of outstanding shares)

All voting was conducted through remote e-voting facility provided by National Securities Depository Limited (NSDL)

Remote e-voting period: June 01, 2026 (09:00 AM) to June 04, 2026 (05:00 PM)

No physical voting or postal ballots were received

Resolution Outcomes

All five resolutions were passed with 100% votes in favor and 0 votes against:

Resolution 1: Increase in Authorised Capital

  • Type: Ordinary Resolution
  • Promoter interest: No
  • Description: To increase Authorised Capital and Consequent Alteration to the capital clause of the Memorandum of Association
  • Votes in favor: 1,738,008 (100%)

Resolution 2: Preferential Issue of Equity Shares

  • Type: Special Resolution
  • Promoter interest: No
  • Description: To approve Issue of Equity Shares on Preferential Basis
  • Votes in favor: 1,738,008 (100%)

Resolution 3: Preferential Issue of Convertible Warrants

  • Type: Special Resolution
  • Promoter interest: No
  • Description: To approve issue of Convertible Warrants into Equity Shares on Preferential Basis
  • Votes in favor: 1,738,008 (100%)

Resolution 4: Appointment of Independent Director

  • Type: Special Resolution
  • Promoter interest: No
  • Description: To regularise Appointment of additional director Mrs. Kajal Chhatwal (DIN: 10044125) as Non-Executive Independent Director
  • Votes in favor: 1,738,008 (100%)

Resolution 5: Change in Director Designation

  • Type: Ordinary Resolution
  • Promoter interest: No
  • Description: Change in designation of Mr. Tapan Shah (DIN: 03059034) from non-executive independent director to non-executive, non-independent director
  • Votes in favor: 1,738,008 (100%)

Scrutinizer Details

  • Name: Hemant Maheshwari
  • Firm: H. Maheshwari & Associates
  • Qualification: Company Secretary
  • Membership Number: 26145
  • Appointment Date: June 05, 2026 (Board Meeting)
  • Report Issuance Date: June 06, 2026

Shareholder Category Voting Breakdown

  • Promoter and Promoter Group: Held 1,804,498 shares, voted 1,704,998 shares (94.486% of their holding)
  • Public Institutions: Held 0 shares, voted 0 shares
  • Public Non-Institutions: Held 1,378,502 shares, voted 33,010 shares (2.3946% of their holding)
  • No invalid votes were recorded across any category

Additional Information

  • The company is not listed on NSE or MSEI
  • The scrutinizer report was countersigned by the Chairman/Authorized Signatory on June 06, 2026