Meeting Details

The 33rd Annual General Meeting of Parmeshwari Silk Mills Limited was held on Saturday, 19th September, 2026 at the registered office of the Company situated at Village Bajra, Rahon Road, Ludhiana, Punjab-141007. The meeting commenced at 12:00 Noon and concluded at 01:02 P.M.

Attendance

  • Total 9 members were present at the meeting
  • Chairperson: Mr. Khushvinder Bir Singh, Chairperson & Independent Director
  • Board of Directors present: Mr. Jatinder Pal Singh (Whole Time Director), Ms. Harinder Kaur (Whole Time Director), Ms. Priya Begana (Independent Director), Mr. Ranbir Singh (Whole Time Director), Mr. Arshdeep Singh Bedi (Independent Director)
  • Invitees: Mr. Montek Singh (Representative of M/s. Montek S & Associates, Chartered Accountants, Statutory Auditor), Mr. Parminder Singh Bathla (Representative of M/s. P S Bathla & Associates, Company Secretaries, Secretarial Auditor & Scrutinizer), Mr. Sukhdev Singh (Chief Financial Officer), Ms. Shreya Dave (Company Secretary & Compliance Officer)

Voting Procedures

The company provided electronic voting facility for all resolutions set forth in the notice by Remote E-Voting. Members present at the meeting who had not cast votes electronically were provided opportunity to cast votes through Ballot Process during the meeting. There was no voting by show of hands.

M/s. P S Bathla & Associates, Company Secretaries, were appointed as Scrutinizer to scrutinize the voting process. The votes cast through e-voting will be unblocked by the scrutinizer, and a Consolidated Scrutinizer Report will be submitted to the Chairperson within two working days from conclusion of the meeting.

Resolutions Deliberated

Ordinary Business:

1. Considered and adopted the "Audited Standalone and Consolidated Financial Statements" of the Company for the financial year ended on 31st March, 2026 together with the Report of the Directors' and Auditors' thereon.

2. Re-appointment of Ms. Harinder Kaur (DIN: 08407151), Director liable to retire by rotation.

Special Business:

3. Ratification of Remuneration of M/s. Pawan & Associates, (FRN: 101729), Cost Accountants appointed as the Cost Auditors of the Company (Ordinary Resolution).

4. Change in Designation of Mr. Jatinder Pal Singh (DIN: 01661864) from Whole Time Director to Managing Director of the Company (Special Resolution).

Additional Director Information

For Mr. Jatinder Pal Singh's designation change to Managing Director:

  • Term of appointment: Commencing from 27th August, 2026 to 31st August, 2029 (remainder of his existing term)
  • Brief Profile: Mr. Singh has more than three decades of experience, described as a visionary entrepreneur who plays pivotal role in business planning, development, and overall management of the Company.
  • Remuneration: Shall be payable as approved by the Board of Directors on recommendation of the Nomination and Remuneration Committee and applicable provisions of the Companies Act, 2013 and Schedule V thereto. Financial impact not quantified in the disclosure.
  • Relationships between directors: None disclosed
  • Compliance: Mr. Jatinder Pal Singh is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority.

Results Declaration

The results will be posted at the notice board of the registered office of the Company and displayed on the company website (www.parmeshwarisilkmills.com), and intimated to BSE Limited and Calcutta Stock Exchange Limited.