Disclosure under Regulation 30 of SEBI LODR Regulations
Meeting Details
- Meeting Type: 46th Annual General Meeting (AGM)
- Date: Tuesday, September 29, 2026
- Time: 03:00 P.M. to 03:45 P.M. (45 minutes duration)
- Location: Conducted through Video Conferencing (VC) only
- Compliance: Conducted in accordance with Companies Act, 2013 and SEBI Listing Regulations, following MCA and SEBI circulars for virtual meetings
Proposed Resolutions and Outcomes
All seven resolutions proposed in the notice dated August 24, 2026, were passed with requisite majority:
Ordinary Business:
1. Adoption of Audited Standalone and Consolidated Financial Statements for financial year ended March 31, 2026, along with reports of Board of Directors and Auditors (Ordinary Resolution)
2. Reappointment of Mrs. Aruna Oswal (DIN: 00988524) as director who retired by rotation (Ordinary Resolution)
Special Business:
3. Appointment of M/s. BGMG & Associates, Chartered Accountants, as Statutory Auditors to fill casual vacancy (Ordinary Resolution)
4. Appointment of M/s. BGMG & Associates, Chartered Accountants, as Statutory Auditors for five consecutive years (Ordinary Resolution)
5. Appointment of M/s Anuj Gupta & Associates, Practising Company Secretaries, as Secretarial Auditor to fill casual vacancy (Ordinary Resolution)
6. Appointment of M/s Anuj Gupta & Associates, Practising Company Secretaries, as Secretarial Auditor for five consecutive financial years (Ordinary Resolution)
7. Appointment of Mr. Shael Oswal (DIN: 00256956) as Managing Director & Vice Chairperson and approval of his remuneration (Special Resolution)
Voting Process
- Method: Remote e-voting via NSDL platform plus e-voting facility at AGM
- Voting Period: Saturday, September 26, 2026 (09:00 A.M.) to Monday, September 28, 2026 (05:00 P.M.) for remote e-voting
- AGM Voting: Additional 15 minutes kept open for e-voting during the meeting (until 03:45 P.M.)
- Legal Basis: Section 108 of Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014 and SEBI LODR Regulations
Scrutinizer Appointment
- Mr. Anuj Gupta, Company Secretary in Practice, was appointed as Scrutinizer
- Responsible for scrutinizing both remote e-voting process and voting through e-voting at the AGM
Attendance and Proceedings
- Chairperson: Mrs. Aruna Oswal (DIN: 00988524) chaired the meeting
- Quorum: Requisite quorum was present at meeting commencement
- Introduction: Ms. Ritika Sharma, Assistant Company Secretary, welcomed members and introduced Directors, KMPs and invitees
- Presentation: Chairperson addressed members and shared business performance for financial year 2025-26
- Q&A Session: Shareholder queries were answered by Chairperson/KMPs to satisfaction of shareholders
Compliance Statements
- The company confirmed that Mrs. Aruna Oswal and Mr. Shael Oswal are not debarred from holding director office per BSE circular LIST/COMP/14/2018-19 dated June 20, 2018 and NSE circular NSE/CML/2018/24 dated June 20, 2018
- All requirements for virtual AGM as per MCA and SEBI circulars were observed and followed
- Voting results will be separately intimated to stock exchanges
- This document does not constitute minutes of the AGM proceedings