Meeting Details
- Date: Wednesday, September 30, 2026
- Time: 4:00 PM IST
- Mode: Video Conference (VC) / Other Audio-Visual Means (OAVM)
- Deemed Venue: Registered office at 105, 1st Floor, Barodia Tower, Plot No 12, D Block Central Market, Prashant Vihar, New Delhi-110085
Agenda Items
Ordinary Business:
1. Adoption of Financial Statements: To consider and adopt financial statements for year ending March 31, 2026, along with Director's Report and Auditor's Report
2. Director Re-appointment: To appoint Mr. Nitin Dinkar Vispute (DIN: 03634249) as director liable to retire by rotation
- Qualification: MBA and LLB
- Experience: 24 years in finance sector
- Date of first appointment: November 06, 2023
- Board meetings attended: 5
- Shareholding: Nil
- Other directorships: NRN Softech Private Limited & NAS Global Industries Private Limited
3. Statutory Auditor Appointment: To appoint M/s. Vadulekar and Associates, Chartered Accountants (Firm Registration No. 151844W) as statutory auditors
- Term: Five consecutive years from conclusion of 23rd AGM till conclusion of 28th AGM in 2031
- Remuneration: To be decided by Board in consultation with auditors
- Replaces M/s DGMS & Co (FRN 0112187W) who completed their second term
Special Business:
4. Registered Office Shift: Special resolution to shift registered office from NCT of Delhi to State of Maharashtra
- Current address: 105, 1st Floor, Barodia Tower, Plot No 12, D Block Central Market Prashant Vihar, New Delhi -110085
- Proposed address: Shop no 720 7th Floor, CTS No 725/1 Lotus Capital Nashik Road, Nashik, Maharashtra, 422001
- Requires approval of Regional Director, Northern Region, Ministry of Corporate Affairs
- Consequential alteration to Clause II of Memorandum of Association
5. Related Party Transactions: Ordinary resolution to approve material RPTs with related parties
- Maximum value: Up to ₹50 crores per annum with NAS Global Industries Private Limited (subsidiary)
- Nature: Sales, purchases, loans/business advances, inter-corporate deposits
- Period: Financial Year 2025-2026 and onwards
- Transactions to be in ordinary course of business at arm's length basis
6. Subsidiary Disinvestment: Special resolution to approve complete disinvestment of stake in NAS Global Industries Private Limited
- Investment: 25,500 equity shares of ₹10 each (51% of paid-up equity share capital)
- Total value: ₹2,55,000
- Consideration: Not less than fair value determined by Registered Valuer
- Requires approvals from Reserve Bank of India and other regulatory authorities
Voting Information
- Record Date: Tuesday, September 23, 2026
- Register Closure: September 23, 2026 to September 29, 2026 (both days inclusive)
- Remote e-Voting Period: September 26, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
- Scrutinizer: Mr. Jigarkumar Gandhi, Partner of M/s. JNG & CO. LLP, Practising Company Secretary
- Results Declaration: Within two working days after AGM at registered office
Corporate Details
- Corporate Office: Shop no 720 7th Floor, CTS No 725/1 Lotus Capital Nashik Road, Nashik, Maharashtra, 422001
- RTA: Cameo Corporate Services Limited, Chennai