Meeting Details

The postal ballot process constitutes a virtual meeting conducted through electronic means. The voting period commences on Monday, 13th July, 2026 at 9:00 AM (IST) and concludes on Tuesday, 11th August, 2026 at 5:00 PM (IST). The cut-off date for determining shareholder eligibility is Friday, 10th July, 2026.

Proposed Resolutions and Implications

The notice contains six special resolutions:

1. Appointment of Mrs. Nupur Khandelwal (DIN: 08616441) as Independent Director

  • Proposed term: 15th August, 2026 to 14th August, 2031 (5 years)
  • Fellow Chartered Accountant with 9+ years experience in corporate finance, taxation, and compliance
  • Not liable to retire by rotation

2. Appointment of CA Pranay Maheshwari (DIN: 11798055) as Independent Director

  • Proposed term: 15th August, 2026 to 14th August, 2031 (5 years)
  • Fellow Chartered Accountant with 7+ years experience in corporate finance and taxation
  • Not liable to retire by rotation

3. Appointment of Mrs. Megha Khandelwal (DIN: 11689335) as Independent Director

  • Proposed term: 15th August, 2026 to 14th August, 2031 (5 years)
  • Fellow Company Secretary with 12+ years experience in corporate advisory and legal consultancy
  • Not liable to retire by rotation

4. Re-appointment of Mr. Anuj Mundhra (DIN: 05202504) as Managing Director

  • Proposed term: 15th August, 2026 to 14th August, 2031 (5 years)
  • Remuneration: ₹5,50,000 per month with medical reimbursement, LTA, conveyance facilities, and communication amenities
  • Liability to retire by rotation during tenure
  • Minimum remuneration provisions as per Schedule V of Companies Act, 2013

5. Re-appointment of Mrs. Vandana Mundhra (DIN: 05202403) as Whole-Time Director

  • Proposed term: 15th August, 2026 to 14th August, 2031 (5 years)
  • Remuneration: ₹2,00,000 per month with similar benefits as Managing Director
  • Liability to retire by rotation during tenure
  • Minimum remuneration provisions as per Schedule V

6. Re-appointment of Mrs. Sunita Devi Mundhra (DIN: 05203015) as Whole-Time Director

  • Proposed term: 15th August, 2026 to 14th August, 2031 (5 years)
  • Remuneration: ₹1,70,000 per month with similar benefits
  • Liability to retire by rotation during tenure
  • Minimum remuneration provisions as per Schedule V

Voting Process and Methods

The company has engaged CDSL to provide remote e-voting facilities. Voting methods include:

  • For demat shareholders: Login through CDSL Easi/Easiest or NSDL IDeAS facilities
  • For physical shareholders: Login through www.evotingindia.com using folio number and PAN
  • Non-individual shareholders and custodians must register in the "Corporates" module
  • Helpdesk contacts provided for technical support (CDSL: helpdesk.evoting@cdslindia.com, toll-free: 1800 22 55 33)

Scrutinizer Appointment

The Board has appointed M/s. Abhishek Goswami & Co., Company Secretaries, Jaipur (FCS 12371, CP No. 17057) as scrutinizer to oversee the postal ballot process fairly and transparently.

Compliance with Regulations

The notice confirms compliance with:

  • Section 110 of Companies Act, 2013
  • Rules 20 and 22 of Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standard on General Meetings (SS-2)
  • MCA Circular Nos. 14/2020, 17/2020, and 03/2025

Result Declaration and Disclosure

The scrutinizer will submit a report to the Chairman after vote scrutiny. Results will be:

  • Placed on company website (www.nandanicreation.com)
  • Available on CDSL website (www.evotingindia.com)
  • Communicated to stock exchanges
  • Displayed on noticeboard at registered office
  • Deemed passed on 11th August, 2026 if approved by requisite majority

Financial Information Disclosure

The explanatory statement includes financial performance data:

  • FY 2025-26: Revenue ₹111.36 cr, PBT ₹2.71 cr, PAT ₹1.83 cr
  • FY 2024-25: Revenue ₹70.00 cr, PBT ₹5.00 cr, PAT ₹4.00 cr
  • FY 2023-24: Revenue ₹45.11 cr, PBT ₹0.55 lacs, PAT ₹0.54 lacs
  • FY 2022-23: Revenue ₹49.53 cr, PBT ₹0.1 cr, PAT ₹0.1 cr

Company Background

Nandani Creation Limited (CIN: L18101RJ2012PLC037976) is engaged in apparel manufacturing with brands including Jaipur Kurti, Amaiva, Jaipur Kurti Luxe, and Desi Fusion. The company operates through 240+ retail stores/EBOs/LFR counters across India and major e-commerce platforms.