Key Quantitative Figures & Dates

  • AGM Date & Time: Friday, 7th August 2026 at 4:00 PM IST.
  • AGM Mode: Video Conferencing (VC) / Other Audio-Visual Means (OAVM).
  • Record Date (Cut-off date): 31st July 2026 for determining shareholders eligible to vote.
  • Remote e-Voting Period: Begins on Tuesday, 4th August 2026 at 9:00 AM IST and ends on Thursday, 6th August 2026 at 5:00 PM IST.
  • Dividend: Proposed dividend of ₹4 per equity share (face value ₹10 each) for FY 2025-26.
  • Managing Director Remuneration: Proposed remuneration for Mr. Amey Saxena is ₹2,43,650 per month.
  • Executive Director Remuneration: Proposed remuneration for Mr. Ratul Lahiri is ₹1,46,300 per month.
  • Chief Strategy Officer Remuneration: Proposed revised annual remuneration for Mrs. Shilpa Saxena is ₹50,97,500, effective 1st June 2026 (Current: ₹46,34,056 per annum).

Agenda Items and Resolutions

Ordinary Business

1. Adoption of Financial Statements: Ordinary resolution to receive, approve, and adopt the Audited Financial Statements for the year ended 31st March 2026, along with the Reports of the Board of Directors and Auditors.

2. Declaration of Dividend: Ordinary resolution to declare a dividend of ₹4 per equity share for FY 2025-26, to be paid out of profits.

3. Re-appointment of Director (Retiring by Rotation): Ordinary resolution to re-appoint Mr. Amey Saxena (DIN: 02194001), who retires by rotation.

Special Business

4. Regularisation of Additional Director: Ordinary resolution to appoint Ms. Jayalakshmi Jairam (DIN: 00642085) as a Non-Executive Independent Director for a term of five years, from 1st March 2026 to 28th February 2031. She was initially appointed by the Board on 27th May 2026 with effect from 1st March 2026.

5. Re-appointment of Managing Director: Ordinary resolution to re-appoint Mr. Amey Saxena (DIN: 02194001) as Managing Director for a further period of 5 years, from 1st August 2026 to 31st July 2031, on the specified terms and remuneration.

6. Re-appointment of Executive Director: Ordinary resolution to re-appoint Mr. Ratul Lahiri (DIN: 02197443) as Executive Director for a further period of 5 years, from 1st August 2026 to 31st July 2031, on the specified terms and remuneration.

7. Revision in Remuneration of CSO (Related Party Transaction): Ordinary resolution to approve a revision in the remuneration of Mrs. Shilpa Saxena, Chief Strategy Officer, to ₹50,97,500 per annum, effective 1st June 2026. This is a related party transaction as she is a relative of Mr. Amey Saxena (Managing Director).

Parties Involved

  • Stock Exchange: Bombay Stock Exchange Limited (BSE).
  • E-Voting Service Provider: National Securities Depository Limited (NSDL).
  • Key Individuals:
  • Amey Saxena (Managing Director, DIN:02194001)
  • Ratul Lahiri (Executive Director, DIN:02197443)
  • Shilpa Saxena (Chief Strategy Officer)
  • Jayalakshmi Jairam (Proposed Independent Director, DIN:00642085)
  • Rita Gupta (Company Secretary & Compliance Officer, M. No. A24066)
  • Regulators: SEBI, Ministry of Corporate Affairs (MCA).

Rationale and Impact (as disclosed)

  • The re-appointments of Mr. Saxena and Mr. Lahiri are based on their significant contributions to the company's growth and success.
  • The revision in Mrs. Saxena's remuneration is considered commensurate with her qualifications, experience, performance, and industry standards.
  • The appointment of Ms. Jairam is viewed as beneficial due to her 27 years of corporate experience in finance, treasury, and strategic planning.
  • The Board, Audit Committee, and Nomination and Remuneration Committee have approved the proposals for the re-appointments and remuneration revisions.

Voting and Attendance Instructions

  • The AGM will be held entirely through VC/OAVM as per MCA and SEBI circulars.
  • Remote e-Voting is mandatory and will be provided by NSDL. Shareholders who vote remotely cannot vote again at the AGM.
  • Physical attendance is not permitted. Shareholders can join the meeting 15 minutes before/after commencement.
  • Attendance via VC/OAVM will be counted for quorum under Section 103 of the Companies Act, 2013.
  • Detailed instructions for accessing the e-Voting platform and joining the VC/OAVM are provided in the notice.