Key Resolutions and Details

Resolution 1: Approval for Payment of remuneration to Mr. Sanjay Upadhyay as Chairman and Managing Director

  • Special Resolution for payment of remuneration to Mr. Sanjay Upadhyay (DIN: 07497306)
  • Period: 1st November, 2026 to 21st April, 2027 (remaining period of existing tenure)
  • Proposed remuneration includes:
  • Salary: Up to ₹2,00,00,000 per annum
  • Perquisites and allowances: 25-50% of salary
  • Commission as determined by Board
  • Retirement benefits and expense reimbursements
  • Approval recommended by Nomination and Remuneration Committee and Board

Resolution 2: Approval for Re-Appointment and Remuneration of Mr. Sanjay Upadhyay

  • Special Resolution for reappointment as Chairman and Managing Director
  • Term: Five years from 22nd April, 2027 to 21st April, 2032
  • Remuneration terms identical to Resolution 1 (₹2 crore annual salary ceiling)
  • Mr. Upadhyay holds 4,22,095 equity shares as of 31st March, 2026
  • Background: 23 years experience in healthcare, biomedical engineering degree

Resolution 3: Approval for Conversion of Loan into Equity Shares

  • Special Resolution under Section 62(3) of Companies Act, 2013
  • Authorizes conversion of loans from banks/financial institutions into equity shares
  • Conversion at option of lenders, terms to be determined by financing documents
  • Conversion price to be determined as per applicable laws at time of conversion
  • Resulting shares to rank pari passu with existing equity shares

Resolution 4: Approval for appointment of Mr. Padmakar Pandit as Independent Director

  • Special Resolution for appointment as Non-Executive, Independent Director
  • Term: Five years from 4th November, 2026 to 3rd November, 2031
  • DIN: 12004186, MBBS, MD qualifications
  • Background: Medical professional with experience in government medical colleges and healthcare administration
  • No shareholding in the company

Financial Performance Context (as disclosed in explanatory statement)

| Particulars | FY 2025-26 (₹ Lakhs) | FY 2024-25 (₹ Lakhs) | FY 2023-24 (₹ Lakhs) |

| Total Income | 49,881.06 | 14,784.17 | 6,301.11 |

| Profit Before Tax | 9,281.12 | 2,479.19 | 949.97 |

| Profit After Tax | 6,950.42 | 1,846.66 | 710.88 |

Voting Details

  • Remote e-voting through NSDL
  • E-Voting Event Number (EVEN): 143464
  • Cut-off date: Friday, 30th October, 2026
  • Voting period: 6th November, 2026 (9:00 AM IST) to 5th December, 2026 (5:00 PM IST)
  • Results to be declared within 2 working days after voting concludes
  • Physical copies not being sent - only electronic communication to registered email addresses

Document Availability

  • Available on company website: www.1gsp.in
  • Available on NSDL website: www.evoting.nsdl.com
  • Inspection of documents available electronically from 6th November to 5th December 2026 upon request