Event Disclosure

Disclosure of proceedings from the 17th Annual General Meeting held on June 27, 2026 and reappointment of statutory auditors.

Meeting Details

The 17th Annual General Meeting of PNGS Gargi Fashion Jewellery Limited was held on Saturday, June 27, 2026 through Video Conferencing (VC)/Other Audio Video Means (OAVM). The meeting commenced at 12:00 PM (IST) and concluded at 12:31 PM (IST).

Attendance and Quorum

Ms. Hiranyamai Deshpande, Company Secretary & Compliance Officer confirmed quorum was present. Mr. Govind Gadgil, Chairman and Director chaired the meeting. Authorized representatives of Statutory Auditors and Ms. Ruchi Bhave, Secretarial Auditor attended through VC/OAVM. Ms. Ruchi Bhave was appointed as scrutinizer for vote scrutiny.

Voting Process

The company provided remote e-voting facility administered by National Securities Depository Limited (NSDL). The e-voting process remained open for 15 minutes after the meeting conclusion for members participating through VC/OAVM who hadn't voted during the remote e-voting period.

Auditor Reports

The Statutory Auditors' Report and Secretarial Auditors' Report for FY 2025-26 contained no qualifications, reservations, adverse remarks, or disclaimers. These reports were taken as read during the meeting.

Management Commentary

Mr. Amit Modak, Director, highlighted the company's financial progress and briefed about future plans and expansion of the company.

Resolutions Voted On

Three resolutions were put to vote by remote e-voting:

1. Receipt, consideration, and adoption of audited financial statements for FY ended March 31, 2026 and reports of Board of Directors and Auditors (Ordinary Resolution)

2. Re-appointment of Mr. Amit Yeshwant Modak (DIN: 00396631) as director who retires by rotation (Ordinary Resolution)

3. Re-appointment of M/s. Khandelwal Jain & Associates, Chartered Accountants, as Statutory Auditors for a further term of 5 years until the conclusion of 22nd AGM (Ordinary Resolution)

Auditor Reappointment Details

M/s. Khandelwal Jain & Associates was reappointed as Statutory Auditors for a second term of five consecutive years, effective from the 17th AGM (FY 2026-27) until the 22nd AGM (FY 2031-32). The firm offers Audit, Tax, Advisory and Regulatory services across various industries with rich experience in India's regulatory, tax, and accounting environment. No relationships between directors were disclosed as not applicable.

Authorization and Results

Mr. Govind Gadgil authorized Ms. Hiranyamai Deshpande to carry out the e-voting process, conclude the meeting, and declare voting results to be placed on the company website within prescribed timelines.

Additional Information

The video recording of the AGM proceedings is available on the company's website at www.gargibypng.com.