Meeting Details

  • Date: Friday, September 18, 2026
  • Time: 11:00 A.M. IST
  • Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Type: Annual General Meeting
  • Deemed Venue: Registered Office at Showroom no. 8, First Floor, Patiala Complex, Barwala Road, Dera Bassi, Distt. S.A.S Nagar, Punjab-140 507, INDIA

Proposed Resolutions and Implications

Ordinary Business:

1. Adoption of Financial Statements: To receive, consider and adopt the Standalone Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors, and Consolidated Financial Statements with Auditors' Report.

2. Re-appointment of Director: To appoint Mr. Sanjiv Goyal (DIN: 00002841) who retires by rotation and offers himself for re-appointment.

Special Business:

3. Re-appointment of Independent Director: Special resolution to re-appoint Dr. Kuldip Kumar Bhasin (DIN: 09250008) as Independent Director for a second term of five years effective September 21, 2026.

4. Re-appointment of Independent Director: Special resolution to re-appoint Dr. Indu Pal Kaur (DIN: 09686862) as Independent Director for a second term of five years effective August 02, 2027.

5. Appointment of New Director: Ordinary resolution to appoint Dr. Gunmala Suri (DIN: 11879344) as Non-Executive Non-Independent Director effective August 15, 2026.

Voting Process and Methods

  • Remote e-Voting Period: September 15, 2026 (9:00 AM IST) to September 17, 2026 (5:00 PM IST)
  • Cut-off Date for Eligibility: September 11, 2026
  • Voting Methods: Remote e-voting via KFin Technologies platform, with facility for voting at AGM through Insta Poll for those who haven't voted remotely
  • Scrutinizer: Mr. Prince Chadha, Practicing Company Secretary (C.P. No. 12409) appointed to scrutinize the voting process

Key Director Profiles and Qualifications

Mr. Sanjiv Goyal (DIN: 00002841)

  • Age: 66 years
  • Designation: Chairman & Managing Director
  • First Appointment: June 27, 1995
  • Qualifications: Graduation in Commerce and Law
  • Experience: 37 years in overall business management, finance, manufacturing, quality systems
  • Shareholding: 47,845,600 equity shares (24.63%) plus 43,622,400 as Karta of HUF (22.46%)
  • Board Meetings: Attended 6 out of 9 meetings in FY2025-26

Dr. Kuldip Kumar Bhasin (DIN: 09250008)

  • Age: 76 years
  • Designation: Non-Executive Independent Director
  • First Appointment: September 21, 2021
  • Qualifications: Ph.D. in Chemistry from Panjab University
  • Experience: 43 years teaching, 50 years research, 179 research papers, 6 US patents
  • Other Directorships: Independent director at Nureca Limited
  • Board Meetings: Attended 9 out of 9 meetings in FY2025-26

Dr. Indu Pal Kaur (DIN: 09686862)

  • Age: 60 years
  • Designation: Non-Executive Independent Director
  • First Appointment: August 02, 2022
  • Qualifications: Ph.D. in Pharmaceutics from Panjab University
  • Experience: 37 years in pharmaceutics research and teaching
  • Achievements: National Intellectual Property Award 2021 & 2022, WIPO Medal for Inventors 2023
  • Board Meetings: Attended 9 out of 9 meetings in FY2025-26

Dr. Gunmala Suri (DIN: 11879344)

  • Age: 64 years
  • Designation: Non-Executive Non-Independent Director
  • First Appointment: August 15, 2026 (as Additional Director)
  • Qualifications: Ph.D. in Applied Business Economics, M.Sc. Statistics, Diploma in Russian Language
  • Experience: 27 years in teaching, research, and academic administration at Panjab University
  • Publications: 100+ research papers, 10 academic books

Compliance with Laws and Regulations

The notice confirms compliance with:

  • Companies Act, 2013 and rules thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standard-2 issued by ICSI
  • MCA General Circulars regarding virtual meetings
  • SEBI circulars on e-voting facilities

Additional Information

  • Register Closure: September 12-18, 2026 (both days inclusive)
  • Unclaimed Dividend: INR 0.32 lakh for FY2017-18 transferred to IEPF involving 42,367 shares
  • Dividend Transfer: Unclaimed dividend for 2018-19 due for transfer to IEPF on November 01, 2026
  • RTA: KFin Technologies Limited
  • Helpdesk: Toll-free number 1-800-309-4001 for voting assistance

Result Declaration

Voting results will be declared within 48 hours of AGM conclusion and placed on company website (www.neclife.com) and KFin website (https://evoting.kfintech.com), with simultaneous communication to stock exchanges.