Meeting Details

The 07th Annual General Meeting of shareholders was held on Thursday, 10th September 2026 at 11:30 A.M. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting was conducted in compliance with the Companies Act, 2013, SEBI Listing Regulations, Secretarial Standards, and relevant circulars from MCA and SEBI.

Attendance

Directors Present:

  • Mr. Pradeep Aggarwal – Chairman & Managing Director & Member of Audit Committee
  • Mr. Rushil Agarwal – Whole Time Director & Member of SRC Committee
  • Mr. Ajay Kumar Kanoi – Whole Time Director & Member of SRC Committee
  • Mrs. Rajani Ajay Kanoi – Director & Member of NRC Committee
  • Mr. Manish Kankani – Independent Director & Member of AC, NRC
  • Mr. Vaibhav Mandhana – Independent Director & Chairman of Audit Committee, NRC Committee, SRC Committee

Other Attendees:

  • Sombir Bisla – Chief Financial Officer
  • Renuka Uniyal – Company Secretary & Compliance Officer
  • Hitender – Chief Executive Officer
  • Mr. Vikas Kumar Gogasaria – Statutory Auditor
  • Mr. Ajai Kumar – Secretarial Auditor & Scrutinizer
  • Mr. Vinod Chittora – Cost Auditor

Total of 19 members attended the AGM, including 7 promoters.

Voting Process

Remote e-voting facility was provided to members from Monday, 7th September 2026 at 09:00 AM (IST) to Wednesday, 9th September 2026 at 05:00 PM (IST). Mr. Ajai Kumar, Proprietor at M/s. Ajai Kumar & Associates, was appointed as scrutinizer to oversee the e-voting process. The combined results of remote e-voting and voting at the AGM will be submitted separately as required under Regulation 44(3) of Listing Regulations.

Resolutions Considered

The following eight resolutions were placed before the members:

1. Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon

2. Ordinary Resolution: To appoint a Director in place of Mr. Ajay Kumar Kanoi (DIN: 08381615) who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and, being eligible, offers himself for re-appointment

3. Ordinary Resolution: To Ratify the Remuneration of Cost Auditors

4. Special Resolution: To increase the overall limit of maximum remuneration payable to all the Directors including Managing Director and Whole-Time Director, and Manager

5. Special Resolution: Approval for revision in remuneration of Mr. Pradeep Aggarwal (DIN: 00675952), Chairman & Managing Director

6. Special Resolution: Approval for revision in remuneration of Mr. Ajay Kumar Kanoi (DIN: 08381615), Whole-Time Director

7. Special Resolution: Approval for revision in remuneration of Mr. Rushil Agarwal (DIN: 08381616), Whole-Time Director

8. Special Resolution: Approval for revision in remuneration of Mrs. Rajani Ajay Kanoi (DIN: 06655849), Director

Meeting Proceedings

No members had registered as speaker shareholders, and accordingly, no queries or comments were received from members. The e-voting facility remained available for 15 minutes on the NSDL platform during the AGM for members who had not yet cast their votes.

Conclusion

The meeting concluded at 12:10 P.M. (IST), including the time allowed for e-voting at the Meeting. The voting results will be collated and announced within two working days from the conclusion of the Meeting and will be uploaded on the websites of the Company (www.msafegroup.com) and NSDL (www.evotingindia.com), and submitted to BSE Limited.

Note

The document specifically notes: "This is not the minutes of the proceedings of the AGM of the Company."