Meeting Details

  • Date: Friday, 26th June 2026
  • Time: 11:00 AM (IST)
  • Location: Through Video Conferencing / Other Audio-Visual Means (OAVM)
  • Type: Extraordinary General Meeting for the financial year 2026-2027

Proposed Resolutions and Implications

Item Number 1: Regularization of Mr. Sharad Kumar Vyas as Non-Executive, Independent Director

The EGM will consider a special resolution for the appointment of Mr. Sharad Kumar Vyas (DIN: 10984064) as Non-Executive, Independent Director for a term of 5 years commencing from April 1, 2026. The appointment is not liable to retirement by rotation. The resolution is being proposed pursuant to Sections 149, 150, 152, and 161 of the Companies Act, 2013 read with Schedule IV and Companies (Appointment and Qualification of Directors) Rules, 2014, and Regulation 16(1)(b) read with Regulation 17 of SEBI LODR Regulations, 2015. The Board had initially appointed Mr. Vyas as Additional Director on April 1, 2026, and shareholder approval is now sought to comply with SEBI Listing Regulations requirement that such approval must be obtained within three months of appointment.

Voting Process and Methods

The company will provide multiple voting methods:

  • Remote e-voting through NSDL platform
  • Participation and voting through video conferencing during the meeting

The remote e-voting period begins on Monday, 22nd June 2026 at 9:00 AM and ends on Thursday, 25th June 2026 at 5:00 PM. The e-voting module will be disabled by NSDL after this period.

Key Voting Parameters

  • Cut-off date for determining voting rights: 19th June 2026
  • Voting rights are proportional to shareholding in paid-up equity share capital as of cut-off date
  • Members appearing in Register of Members/List of Beneficial Owners as of 19th June 2026 are eligible to vote
  • Each share carries one vote

Scrutinizer Appointment

The Board has appointed Jaymin Modi & Co, Practising Company Secretary, to scrutinize the e-voting process in a fair and transparent manner. The scrutinizer will unblock votes cast through remote e-voting immediately after the conclusion of voting at the EGM in the presence of at least two witnesses not employed by the company. The scrutinizer must submit their report to the Chairman & Managing Director/Chief Financial Officer/Company Secretary within 2 working days of meeting conclusion.

Compliance with Laws and Regulations

The notice confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • MCA Circular No. 09/2023 dated September 25, 2023
  • MCA Circular No. 14/2020 dated 8th April 2020
  • MCA Circular No. 17/2020 dated 13th April 2020
  • SEBI Circular No. SEBI/HO/CFD/CMD2/CIR/P/2021/11 dated 15th January 2021
  • SEBI Circular No. SEBI/HO/DDHS/P/CIR/2022/0063 dated May 13, 2022
  • SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/001 dated 5th January 2023
  • SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167 dated 7th October 2023

The meeting is being conducted through VC/OAVM as permitted by government guidelines, dispensing with the requirement of physical presence of shareholders.

Additional Information

  • The explanatory statement confirms that Mr. Sharad Kumar Vyas has provided consent (DIR-2), disclosure of non-disqualification (DIR-8), and independence declaration as required under law
  • Mr. Vyas is a 31-year-old Indian qualified Chartered Accountant with expertise in accounting, auditing, taxation, and financial management
  • He holds no shares in the company as of March 31, 2026
  • No inter-se relationship exists between directors
  • The notice has been sent electronically to all eligible shareholders and is available on the company website (www.mokshornaments.com) and stock exchange websites
  • The voting results will be declared and communicated to stock exchanges and displayed on the company's website and NSDL website