AGM Details

The 15th Annual General Meeting of Mystic Electronics Limited will be held on Tuesday, 29th September, 2026 at 11:00 A.M. IST through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The venue is deemed to be the Registered Office of the Company at 401/A, Pearl Arcade, Opp. P. K. Jewellers, Dawood Baug Lane, Off J. P. Road, Andheri (West), Mumbai–400 058.

Business to be Transacted

ORDINARY BUSINESS:

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

2. To appoint a Director in place of Mr. Mohit Khadaria (DIN: 05142395) who retires by rotation and being eligible, offers himself for re-appointment.

SPECIAL BUSINESS:

3. Appointment of Mr. Nikhil Kumar Rungta (DIN: 08789354) as Non-Executive Independent Director - Special Resolution

  • Proposed term: 5 consecutive years from 29th September, 2026 to 28th September, 2031
  • Not liable to retire by rotation
  • Based on recommendation of Nomination and Remuneration Committee and Board of Directors
  • Mr. Rungta has submitted declaration of independence under Section 149(6) of Companies Act, 2013
  • Received notice under Section 160 of Companies Act from a member proposing his candidature

4. Approval of transactions with related parties - Ordinary Resolution

  • Under Section 188 of Companies Act, 2013 and Regulation 23 of SEBI (LODR) Regulations, 2015
  • Supersedes resolution passed at 14th AGM held on 30th September, 2025
  • For financial years commencing from FY 2026-27 onwards
  • Maximum annual values per related party:

| Related Party Name | Interested Directors | Maximum Value (₹ Crore) |

| Nouveau Global Ventures Limited | Mr. Krishan Khadaria, Mr. Mohit Khadaria | 50 |

| Mukta Agriculture Limited | Mr. Krishan Khadaria, Mr. Mohit Khadaria | 50 |

| Golden Medows Export Private Limited | Mr. Krishan Khadaria, Mr. Mohit Khadaria | 25 |

| Forever Flourishing Finance & Investment Private Limited | Mr. Krishan Khadaria, Mr. Mohit Khadaria | 25 |

| 3M Enterprises | Mr. Mohit Khadaria | 50 |

| Kasturi Overseas Private Limited | Mr. Krishan Khadaria, Mr. Mohit Khadaria | 25 |

| Kashish Multi Trade Private Limited | Mr. Mohit Khadaria, Mrs. Asha Khadaria | 25 |

| Anutham Property and Developers Private Limited | Mr. Krishan Khadaria, Mr. Mohit Khadaria | 25 |

| Mitesh Poly Pack Private Limited | Mr. Krishan Khadaria, Mr. Mohit Khadaria | 5 |

| Pearl Arcade Consultants Private Limited | Mr. Krishan Khadaria | 5 |

Total Maximum Annual Value: ₹260 Crore

Nature of transactions may include:

  • Business advances/loans
  • Investments in securities/capital contribution
  • Providing security by mortgage/hypothecation/pledge
  • Corporate guarantees as collateral security
  • Purchase/sale/lease of immovable properties including FSI and TDRs
  • Sale, purchase or supply of goods/materials
  • Availing or rendering of services
  • Any other transaction considered material under Regulation 23 of SEBI LODR

Shareholder Information

Register of Members Closure

The Register of Members will remain closed from Wednesday, 23rd September, 2026 to Tuesday, 29th September, 2026 (both days inclusive).

E-Voting Details

  • Remote e-voting period: Saturday, 26th September, 2026 (9:00 am IST) to Monday, 28th September, 2026 (5:00 pm IST)
  • Cut-off date for voting rights: Tuesday, 22nd September, 2026
  • E-voting service provider: Bigshare Services Private Limited
  • Scrutinizer: Mr. Arvind Dhanraj Baid (Membership No. 155532), partner of M/s. Arvind Baid & Associates

Director Information

Mr. Mohit Khadaria (DIN: 05142395)

  • Date of Birth: 15/10/1986 (Age: 39 years)
  • Nationality: Indian
  • Date of appointment: 14/12/2017
  • Educational Qualification: B-Tech, Masters in Electrical Engineering
  • Experience: Embedded Software Engineering, Information Technology, Global Business
  • Shareholding: 3,975 equity shares (no beneficial shareholding)
  • Board Meetings attended in FY 2025-26: 5 out of 5

Mr. Nikhil Kumar Rungta (DIN: 08789354)

  • Date of Birth: 10/09/1988 (Age: 38 years)
  • Nationality: Indian
  • Proposed appointment date: 29/09/2026 (subject to approval)
  • Educational Qualification: BLS LLB
  • Experience: Over 10 years in Corporate Laws, Indirect Taxes, commercial litigation and arbitration
  • Current directorships: Nouveau Global Ventures Limited
  • Committee memberships: Audit Committee (Chairperson) and Stakeholders Relationship Committee (Member) at Nouveau Global Ventures Limited
  • Shareholding: Nil
  • Remuneration: Nil

Additional Information

  • RTA: M/s. Bigshare Services Private Limited
  • Company website: www.mystic-electronics.com
  • Members can inspect statutory records at Registered Office during working hours
  • Physical copy of Annual Report available on request
  • Facility for appointment of proxy not available for VC/OAVM meeting