AGM Details

The Thirty Seventh Annual General Meeting will be held on Monday, 21st September 2026 at 10:15 A.M. at Arihanth Hall, 47, Madras Hotel Ashoka, Egmore, Chennai-600008. Record Date for determining members entitled to vote and receive dividend: 14th September 2026. Remote e-voting period: 18th September 2026 (9:00 A.M.) to 20th September 2026 (5:00 P.M.) through NSDL.

Agenda Items

Ordinary Business

1. Adoption of Audited Standalone Financial Statements for FY 2025-26: To consider and adopt audited standalone financial statements for year ended 31st March 2026 with reports of Board of Directors and Auditors.

2. Declaration of Final Dividend for FY 2025-26: To declare final dividend of ₹1.50 per equity share (15% on face value of ₹10 each) on fully paid-up equity share capital. Record Date for dividend: 14th September 2026. Dividend to be paid within 30 days from AGM date subject to TDS deduction.

3. Re-appointment of Mr. Sudershan Parakh (DIN: 01161124): Director retiring by rotation, seeking re-appointment as per Section 152 of Companies Act, 2013.

Special Business

4. Re-appointment of M/s. CA Patel & Associates as Statutory Auditors: Chartered Accountants (FRN: 0140558S) proposed for re-appointment for 5 years from conclusion of 37th AGM till conclusion of 42nd AGM. Remuneration: ₹5 lakh per annum for first three years with maximum 20% increase for remaining tenure. Currently provide tax audit services for group firm National Autoplast for ₹1 lakh remuneration.

5. Re-appointment of Mr. Arihant Parakh (DIN: 07933966) as Managing Director: Special resolution for re-appointment for 3 years from 25th September 2026 to 24th September 2029. Remuneration proposed:

  • First year (25.09.2026-24.09.2027): ₹6 lakh per month
  • Second year (25.09.2027-24.09.2028): ₹7.50 lakh per month
  • Third year (25.09.2028-24.09.2029): ₹9 lakh per month
  • Perquisites restricted to ₹10 lakh per annum
  • Additional benefits: reimbursement of business travel/entertainment, medical expenses up to ₹3 lakh, company car with driver, telephone, PF/superannuation schemes
  • Current remuneration (FY 2025-26): ₹46.32 lakh against approved ceiling of ₹58 lakh

Director Details

  • Mr. Sudershan Parakh: Age 70, B.Com, Non-Executive Non-Independent Director, holds 15,18,505 shares (24.98%), appointed 12.05.1989
  • Mr. Arihant Parakh: Age 45, B.Com, PGDBM (ISB), Managing Director, holds 7,02,284 shares (11.55%), appointed 25.09.2017

Voting Arrangements

  • M/s. Shreyans Parakh & Co., Chartered Accountants (FRN: 021154S) appointed as Scrutinizer
  • Members can vote remotely via NSDL e-voting system or in person at AGM
  • Results to be placed on company website www.nationalgroup.in and communicated to BSE

Additional Information

  • Explanatory statement provided pursuant to Section 102 of Companies Act, 2013
  • Documents available for inspection at registered office during working hours until AGM date
  • Dividend will be credited directly to bank accounts of shareholders as per details available with depositories/company
  • Company shifted registered office from 44, Pantheon Road, Egmore, Chennai-600008 to current address