Nidhi Granites Limited conducted its 44th Annual General Meeting (AGM) on Wednesday, 22nd July 2026 at 11:06 AM IST through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The meeting was held pursuant to the notice dated 19th June 2026.
Meeting Attendance and Participants
The meeting was attended by 19 members of the company. All directors of the company were present at the AGM. The Chairperson welcomed the members and introduced the board members present.
Business Conducted
The Chairperson addressed the members and provided an overview of the company's financial performance to date and the business performance of the company and its subsidiaries.
Voting Process
The company provided remote e-voting facility through National Securities Depository Limited (NSDL) pursuant to Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations and Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014. The remote e-voting period commenced on 18th July 2026 at 9:00 AM IST and ended on 21st July 2026 at 5:00 PM IST.
Mr. Nrupang B. Dholakia, Managing Partner of Dholakia and Associates LLP, Practicing Company Secretaries, was appointed as the Scrutinizer for scrutinizing the voting process (both remote e-voting and voting through Poll Paper at the AGM).
Agenda Items Transacted
The following items were transacted at the meeting:
Ordinary Business:
1. To receive, consider and adopt:
a. The Audited Standalone Financial Statements of the Company for the financial year ended 31st March 2026 and the reports of the Board of Directors and the statutory auditors thereon
b. The Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2026 and the reports of the statutory auditors thereon
2. To appoint a director in place of Mrs. Shreya Pandya (DIN: 06403021), who retires by rotation and being eligible, offers herself for re-appointment
3. To re-appoint M/s. Jogin Raval & Associates, chartered accountants as statutory auditors for the term of five (5) years and to fix their remuneration
Special Business:
4. Re-appointment of Mr. Amit Sinkar (DIN: 09203235) as non-executive independent director for a term of five consecutive years
5. Re-appointment of Mr. Amit Patankar (DIN: 09203130) as non-executive independent director for a term of five consecutive years
6. Re-appointment of Mr. Darpan Shah (DIN: 07650896) as managing director of the company
7. Appointment of M/s Dholakia & Associates LLP, company secretaries in whole time practice as secretarial auditors for the term of 5 (five) consecutive financial years
Member Interaction
Few members spoke during the meeting and sought clarifications, which were answered satisfactorily by the Chairman.
Result Declaration
The Chairperson announced that the result of remote e-voting shall be declared within two working days and will be displayed on the website of the Company, NSDL and BSE Limited, and would be available at the Registered Office of the Company.
Meeting Conclusion
The meeting was declared closed at 11:45 AM IST after giving 15 minutes to members to cast their votes.