Meeting Details

The 36th Annual General Meeting was held on Wednesday, September 30, 2026, through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting commenced at 12:00 Noon (IST) and concluded at 12:33 P.M., lasting 33 minutes.

Meeting Conduct and Attendance

The meeting was conducted in compliance with the Companies Act, 2013 and relevant circulars, regulations and guidelines issued by the Ministry of Corporate Affairs (MCA) and SEBI.

Chairman: Mr. Narayan Sitaram Saboo submitted a request for leave of absence due to personal commitments. Mr. Naresh Sitaram Saboo (Non-Executive-Non-Independent Director) was appointed as Chairman of the Meeting upon proposal by Mr. Dishant Kaushikbhai Jariwala and secondment by Mr. Mohit Narayan Saboo.

Directors Present:

  • Mr. Mohit Narayan Saboo (Non-Executive-Non-Independent Director) - present at common venue
  • Mr. Naresh Sitaram Saboo (Non-Executive-Non-Independent Director) - present at common venue
  • Mrs. Samiksha Rajesh Nandwani (Independent Director) - joined through VC
  • Mr. Dishant Kaushikbhai Jariwala (Independent Director) - joined through VC
  • Mrs. Anshula Sachinkumar Jain (Independent Director) - joined through VC

Other Attendees:

  • Respective Chairpersons of Audit Committee, Stakeholders' Relationship Committee and Nomination and Remuneration Committee - present through VC
  • Representative of Secretarial Auditor - present through VC
  • Statutory Auditor - granted leave of absence
  • Mr. Jatin Kharwa, Company Secretary - present

Resolutions Proposed

The following resolutions were proposed for consideration and approval at the 36th AGM:

Ordinary Business:

1. To receive, consider and adopt the Audited (Standalone and Consolidated) Financial Statements of the Company for the financial year ended 31st March 2026, including the Audited Balance Sheet as at 31st March, 2026, the Statement of Profit & Loss and Cash Flow Statement for the year ended as on that date and the Report of the Board of Directors and Auditors thereon. (Ordinary Resolution)

2. To appoint a Director in place of Mr. Naresh Sitaram Saboo (DIN: 00223350), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and being eligible, offers himself for reappointment. (Ordinary Resolution)

Special Business:

3. To Approve the remuneration of the Cost Auditor of the Company for the financial year 2026-27 (Ordinary Resolution)

4. Material Related Party Transaction(s) with (a) Mr. Narayan Sitaram Saboo (b) Mr. Manish Narayan Saboo (c) Mr. Mohit Narayan Saboo and (d) Mr. Naresh Sitaram Saboo for the financial year 2026-27 (Ordinary Resolution)

Voting Process

The Company provided remote e-voting facility for all resolutions set forth in the AGM Notice. Members who had not cast votes through remote e-voting were provided an opportunity to cast votes electronically through the e-voting facility made available by National Securities Depository Limited (NSDL) for a period of 15 minutes after the conclusion of the AGM.

M/s. Dhirren R. Dave & Co., Company Secretaries, were appointed as Scrutinizer to scrutinize the e-voting process and ensure fair and transparent voting.

Voting Results Disclosure

The results of the voting were to be declared within two working days from the conclusion of the AGM and made available on the company website and websites of BSE Limited and National Stock Exchange of India Limited.

Other Proceedings

The Chairman addressed members on the financial performance during FY 2025-2026, various initiatives and measures undertaken by management, and the company's future plans and way forward.

The Secretarial Auditor's Report was noted to contain no qualifications, reservations, adverse remarks or disclaimers. Observations made by Statutory Auditors in their CARO Report were read out.

Mr. Mohit Narayan Saboo addressed and responded to questions raised by members regarding operations, financial performance and other related matters.

Compliance Confirmation

The meeting was conducted in compliance with applicable provisions of the Companies Act, 2013 and relevant circulars, regulations and guidelines issued by MCA and SEBI.