Detailed Summary

Meeting Details

The 16th Annual General Meeting will be held on Friday, September 25, 2026 at 03:00 pm at the company's registered office: Ward-6, PL-2172-2173, 402, 4th Floor, Jin Ratna, Pipla Sheri, Mahidharpura, Surat - 395003, Gujarat, India.

Voting Arrangements

Remote e-voting period commences from 09:00 a.m. (IST) on Tuesday, September 22, 2026 and ends at 05:00 p.m. (IST) on Thursday, September 24, 2026. The remote e-voting module shall be disabled by NSDL thereafter. The cut-off date for determining voting rights is Friday, September 18, 2026.

Agenda Items

ORDINARY BUSINESS:

1. Adoption of Financial Statements: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on 31st March, 2026 together with the Report of the Board of Directors and the Auditors thereon.

2. Appointment of Director: To appoint a Director in place of Mr. Vipulbhai Vachheta (DIN: 11099302) who retires by rotation and, being eligible, offers himself for re-appointment.

SPECIAL BUSINESS:

3. Regularization of Director: To appoint Mr. Ankitkumar Shah (DIN: 11638040) as a Director of the Company, liable to retire by rotation. He was appointed as an Additional Director by the Board of Directors with effect from 09.04.2026 and holds office up to the date of this AGM.

4. Appointment of Managing Director: To appoint Mr. Vipulbhai Vachheta (DIN: 11099302) as Managing Director of the Company for a period of 5 years with effect from 01/09/2026 to 31/08/2031.

Terms of Managing Director Appointment

  • Designation: Managing Director
  • Term: 5 years (01/09/2026 to 31/08/2031)
  • Remuneration: ₹9.60 per annum (including perquisites and all)
  • The aggregate remuneration shall be subject to the limits prescribed under Sections 197 and 198 of the Companies Act, 2013 read with Schedule V
  • Not entitled to sitting fees for attending Board or Committee meetings

Director Background Information

  • Mr. Vipulbhai Vachheta has experience in marketing field for more than 10 years
  • Mr. Ankitkumar Shah has experience in marketing and trading sector for more than 6 years
  • Both directors have attended 0 Board meetings during 2025-26
  • Neither director holds any shares in the company
  • Neither director holds any other directorships or committee memberships

Scrutinizer Appointment

The Board of Directors has appointed Vivek J. Vakharia & Associates, Practicing Company Secretary, as the Scrutinizer to scrutinize the remote e-voting process.

Document Distribution

The Notice of AGM is being sent only through electronic mode to members whose email addresses are registered with the Company/Depositories. Physical copies will not be sent.