Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Nandan Denim Limited

Meeting Details

The 32nd Annual General Meeting was held on Thursday, September 24, 2026 at 03:00 P.M. IST through Video Conferencing / Other Audio Visual Means (VC/OAVM) facility provided by CDSL. The meeting concluded at 03:22 P.M. IST.

Proposed Resolutions and Implications

Five resolutions were transacted at the meeting:

Ordinary Business:

  • Resolution 1: To receive, consider and adopt the Audited Standalone Financial Statement of the Company for the Financial Year ended March 31, 2026 together with Report of the Board of Directors and Auditors thereon (Ordinary Resolution)
  • Resolution 2: To reappoint Mr. Jyotiprasad Chiripal (DIN: 00155695) as Director who retires by rotation (Ordinary Resolution)

Special Business:

  • Resolution 3: To ratify the remuneration of Cost Auditors M/s. A.G. Tulsian & Co., for the financial year ending 31st March, 2027 (Ordinary Resolution)
  • Resolution 4: To approve material Related Party Transactions with Chiripal Industries Limited, the Promoter Group of the Company (Ordinary Resolution)
  • Resolution 5: Re-appointment of Mr. Jyotiprasad Chiripal (DIN: 00155695) as Managing Director of the Company (Special Resolution)

Voting Process and Methods

The Company provided two voting methods:

1. Remote e-voting: Conducted through CDSL from Monday, September 21, 2026 at 9:00 a.m. to Wednesday, September 23, 2026 at 5:00 p.m.

2. E-voting during AGM: Facility was provided for members who had not voted remotely to vote during the meeting

The e-voting facility remained open for an additional 15 minutes after the conclusion of business to allow members to cast their votes.

Key Voting Outcomes

The document states that voting results along with the Scrutinizer's report will be declared within 48 hours of the conclusion of the meeting and displayed on:

  • Websites of both stock exchanges (BSE and NSE)
  • Website of CDSL
  • Company website

Specific vote counts, percentages, or category-wise participation breakdowns are not provided in this proceedings document.

Scrutinizer Appointment and Role

M/s. J. D. Khatnani & Associates, Practicing Company Secretary, was appointed as Scrutinizer to ensure the remote e-voting and e-voting during the AGM was conducted in a fair and transparent manner.

Compliance with Laws and Regulations

The meeting was conducted in accordance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • SEBI Listing Regulations
  • Applicable circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI

Annual Report for FY 2025-26 and Notice of AGM were sent to shareholders in advance via email to registered addresses, and physical letters with web links were sent to those without registered email addresses.

Signatories and Roles

  • Rinku Patel, Company Secretary & Compliance Officer - Signed and submitted the proceedings to the stock exchanges
  • Jyotiprasad Chiripal, Managing Director and Chairman - Presided over the meeting and addressed shareholders

Additional Information

The Chairman addressed members on:

  • Financial performance of the company
  • Key operational highlights
  • Strategic direction
  • Market scenario
  • Ongoing geopolitical conflicts
  • Uncertainty about import duties by the United States affecting trade in the industry

The requisite quorum was present at the meeting, and all business items listed in the notice were transacted.