Meeting Details

The 39th Annual General Meeting for FY 2025-26 was held on Wednesday, September 30, 2026 at 5:00 p.m. (IST) through Video Conference/Other Audio-Visual Means. The meeting commenced at 5:00 p.m. and concluded at 5:25 p.m., lasting 25 minutes.

Attendees

Directors and Key Managerial Personnel Present:

  • Mr. Prashant Prakash Sawant - Managing Director
  • Mr. Sarang Balbhimrao Patodekar - Independent Director and Chairperson of Audit Committee and Stakeholder Relationship Committee
  • Mr. Parveen Satija - Whole Time Director
  • Mr. Pramod Dnyandeo Waghe - Non-Executive Director
  • Ms. Mounika Pammi - Independent Director and Chairperson of Nomination & Remuneration Committee
  • Ms. Madhu Mala Solanki - Company Secretary and Compliance Officer
  • Mr. Rahul Madanlal Wani - CFO

Other Invitees Present:

  • Mr. B. V. Ramana Reddy - M/s. Mathesh & Ramana (Statutory Auditor)
  • Ms. Aakanksha Sachin Dubey - M/s. Aakanksha Dubey & Co. (Secretarial Auditor)
  • Mr. Vivek Surana - M/s. Vivek Surana & Associates (Scrutinizer for the AGM)

Quorum

A total of 39 members attended the meeting, constituting the requisite quorum.

Proceedings and Resolutions

Mr. Sarang Balbhimrao Patodekar chaired the meeting. Ms. Madhu Mala Solanki, Company Secretary and Compliance Officer, initiated the meeting and managed the proceedings.

The following resolutions were considered:

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements including Balance Sheet as at March 31st, 2026, the Statement of Profit & Loss and Cash Flow Statement for the year ended on that date together with the Notes attached thereto, along with the Reports of Auditors and Directors thereon.

2. To appoint a director in place of Mr. Murali Krishna Murthy Sanka (DIN: 00540632) who retires by rotation and being eligible, offers himself for re-appointment as a director liable to retire by rotation.

Special Business:

3. Change in designation of Mr. Murali Krishna Murthy Sanka (DIN: 00540632) from Managing Director to Non-Executive Director of the company.

4. Change in designation of Mr. Prashant Prakash Sawant (DIN: 11128335) from Whole-Time Director to Managing Director of the company.

5. Appointment of Mr. Parveen Satija (DIN: 00197648) as a Director and Whole Time Director of the company.

Voting Process

The resolutions had been put to vote through remote e-voting prior to the meeting. M/s. Vivek Surana & Associates, Practicing Company Secretaries, were appointed as Scrutinizer to scrutinize the process for remote e-voting & e-voting at AGM.

Members who had not cast their votes electronically were provided an opportunity to vote electronically at the AGM for fifteen minutes after the conclusion of the meeting.

Shareholder Engagement

Shareholders who had registered as speakers were invited to speak, ask questions, or express their views. The Managing Director replied to the queries raised by shareholders.

Compliance and Disclosure

The voting results (remote e-voting and e-voting at the AGM) along with the Scrutinizer's Report will be disseminated to BSE Limited and National Stock Exchange of India Limited and placed on the Company's website in due course.