Meeting Details
- Date: Tuesday, July 28, 2026
- Time: 11.30 A.M.
- Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
- Deemed Venue: Registered office at Unit No. 8/9, Ravikiran, Ground Floor, New Link Road, Andheri (West), Mumbai-400053
- Meeting Type: 21st Annual General Meeting
Proposed Resolutions and Implications
Ordinary Business
1. Adoption of Financial Statements: To consider and adopt:
- Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors
- Audited Consolidated Financial Statements for FY ended March 31, 2026 with Reports of Auditors
2. Director Re-appointment: To appoint Mr. Brijeshkumar Mittal (DIN:02161984) who retires by rotation and is eligible for re-appointment
Special Business
3. Share Consolidation Resolution: Special resolution to consolidate equity shares from face value of Re. 1/- each to Rs. 10/- each:
- Consolidate every 10 equity shares of Re. 1/- into 1 equity share of Rs. 10/-
- Authorized Share Capital: 70,00,00,000 shares of Re. 1/- → 7,00,00,000 shares of Rs. 10/- (total Rs. 70,00,00,000)
- Issued, Subscribed and Paid-up Share Capital: 44,40,00,000 shares of Re. 1/- → 4,40,00,000 shares of Rs. 10/- (total Rs. 44,40,00,000)
- Fractional shares will be aggregated and sold by Escrow Holder, with proceeds distributed to shareholders
- Rationale: Improve market price perception, enhance investor confidence, better reflect business fundamentals
4. MOA Alteration Resolution: Special resolution to alter Clause V of Memorandum of Association to reflect the consolidated share capital structure
Voting Process and Methods
- E-voting Service Provider: Bigshare Services Private Limited
- Cut-off date for e-voting: Tuesday, July 21, 2026
- Remote e-voting period: Saturday, July 25, 2026 at 9:00 a.m. to Monday, July 27, 2026 at 5:00 P.M.
- Voting Methods: Remote e-voting and e-voting during AGM
- Physical Attendance: Not permitted due to VC/OAVM format
- Quorum: Attendance through VC/OAVM will be counted for quorum under Section 103 of Companies Act, 2013
Key Voting Information
- Register of Members Closure: July 22, 2026 to July 28, 2026 (both days inclusive)
- Benpos date for sending Notice: Friday, June 26, 2026
- Voting Rights: Proportional to shareholding as on cut-off date (July 21, 2026)
- Members can join AGM: 15 minutes before and after scheduled commencement time
- Attendance Capacity: 1000 members on first-come-first-served basis (excludes large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, auditors)
Scrutinizer Appointment
The Company has appointed CS Arun Dash, proprietor of M/s. Arun Dash & Associates, Company Secretaries as the Scrutinizer to scrutinize the votes cast through e-voting at the meeting and votes through remote e-voting process in a fair and transparent manner.
Compliance Confirmation
The AGM has been convened through VC/OAVM in compliance with:
- MCA Circulars dated September 22, 2025, April 8, 2020, April 13, 2020, May 5, 2020, January 13, 2021, December 8, 2021, December 14, 2021, May 5, 2022, December 28, 2022, September 25, 2023 and September 19, 2024
- Companies Act, 2013 and rules thereunder
- SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
- Secretarial Standard on General Meetings (SS-2)
Additional Information
- Director Details: Mr. Brijeshkumar J. Mittal (Age: 67 years, DIN: 02161984, First appointed: August 31, 2005, Qualifications: BA, Experience: Textiles and fabrics, Shares held: 26,472,593)
- Document Availability: Notice available on company website (www.mittallifestyle.in), NSE website (www.nseindia.com), and Bigshare website (https://ivote.bigshareonline.com)
- Annual Report: Sent electronically to members with registered email addresses
- Register Inspection: Register of Directors and KMP shareholding (Section 170) and Register of Contracts (Section 189) available for electronic inspection from notice date until AGM date