The regular chairman was unable to attend the virtual meeting. In accordance with Section 104 of the Companies Act, 2013 and the Articles of Association, the directors present elected Mr. Dinesh Kumar Yadav, Whole-Time Director, as chairperson of the meeting. The election was proposed by Mr. Suraj Parkash Choudhary, Director, and seconded by Mrs. Palak Jindal, Director.
The requisite quorum was present and the meeting was called in order. The company had extended remote e-voting facilities to shareholders for resolutions stated in the AGM notice. Facility for e-voting was also made available at the AGM to shareholders attending who had not already cast their votes by remote e-voting prior to the AGM.
Business Transacted
Ordinary Business:
- Received, considered, and adopted the Financial Statements for the financial year ended March 31, 2026, including Audited Balance Sheet, Statement of Profit & Loss, Cash Flow Statement, and Reports of Board of Directors and Auditors
- Appointed a director in place of Mr. Hardev Chand Verma (DIN: 00007681) who retires by rotation and offered himself for reappointment
Special Business:
- Appointment of Mrs. Palak Jindal (DIN: 10264720) as an Independent Director
- Ratification and approval of remuneration of Cost Auditors for financial year ending March 31, 2027
- Approval for continuation of directorship of Mr. Hardev Chand Verma (DIN: 00007681) as Non-Executive, Non-Independent Director upon attaining age of 75 years
- Approval for alteration of Clause III(A) of Memorandum of Association by insertion of new sub-clause 4
The Annual General Meeting concluded at 01:28 PM.
Voting results as required under Regulation 44(3) of SEBI (LODR) Regulations, 2015 will be submitted separately upon receipt of the scrutinizer's report.