Parnax Lab Limited has issued a notice for its 44th Annual General Meeting (AGM) to be held on Tuesday, 29th September 2026 at 12:30 PM IST through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting will be deemed to be held at the company's registered office at Gala No. 114, Bldg. No. 8, Jogani Industrial Complex, Chunabhatti, Mumbai-400022.

Ordinary Business

1. To receive, consider, and adopt the standalone and consolidated audited annual accounts for the year ended March 31, 2026, along with notes and reports of Board of Directors and Auditors.

2. To appoint a director in place of Mr. Mihir M. Shah (DIN: 00387912), who retires by rotation and is eligible for re-appointment.

3. Appointment of M/s. Ladha Singhal & Associates, Chartered Accountants (Firm Registration No. 120241W) as Statutory Auditors of the Company for a first term of 5 years from the conclusion of the 44th AGM until the conclusion of the 49th AGM, at remuneration to be mutually agreed between the Board and the auditors.

Special Business

4. Approval of Material Related Party Transactions with Naxpar Pharma Private Limited (a subsidiary company) for the financial years 2026-27 and 2027-28 (until the date of the AGM in 2027, maximum validity of 15 months). The transactions include:

  • Sales of Materials: Value not exceeding ₹5 crore per transaction
  • Purchase of Materials: Value not exceeding ₹5 crore per transaction
  • Interest Received on Loan: Value not exceeding ₹1.5 crores

These transactions are proposed to be on arm's length basis and in the ordinary course of business. The related parties involved are Mr. Mihir Prakash Shah, Mr. Binoy Baiju Shah, and Mrs. Ami Mihir Shah.

Voting Details

  • Remote e-voting period: Saturday, September 26, 2026 (9:00 AM) to Monday, September 28, 2026 (5:00 PM)
  • E-voting cut-off date: Tuesday, September 22, 2026
  • AGM date: Tuesday, September 29, 2026 at 12:30 PM
  • Scrutinizer: Mr. Hemant Shetye or Mr. Kunal Sakpal of M/s. HSPN & Associates LLP
  • E-voting service provider: MUFG Intime India Private Limited

Shareholder Information

  • The Register of Members and Share Transfer Books will be closed from September 23, 2026 to September 29, 2026 (both days inclusive)
  • The notice and annual report are being sent electronically to shareholders with registered email addresses
  • Documents are available on the company website: www.naxparlab.com
  • Shareholders are encouraged to dematerialize their holdings and update their PAN, bank details, and nomination information