AGM Details

  • Original AGM Date: August 21, 2026
  • Rescheduled AGM Date: Wednesday, September 30, 2026 at 12:30 PM IST
  • Mode: Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Cut-off Date for E-voting: September 23, 2026
  • Remote E-voting Period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
  • Register of Members Closure: September 24, 2026 to September 30, 2026 (both days inclusive)

Financial Performance (FY 2025-26)

Revenue from Operations: ₹10,107.71 lakhs (FY 2024-25: ₹8,693.58 lakhs)

Total Income: ₹10,107.82 lakhs (FY 2024-25: ₹8,694.81 lakhs)

Profit Before Tax: ₹221.59 lakhs (FY 2024-25: ₹331.47 lakhs)

Profit After Tax: ₹163.76 lakhs (FY 2024-25: ₹227.27 lakhs)

Earnings Per Share (EPS): ₹2.62 (FY 2024-25: ₹3.64)

Capital Structure

Authorized Share Capital: ₹12,00,00,000 divided into 1,20,00,000 equity shares of ₹10 each

Paid-up Share Capital: ₹6,24,82,400 divided into 62,48,240 equity shares of ₹10 each

Key Financial Position (as of March 31, 2026)

Total Assets: ₹3,832.02 lakhs

Current Assets: ₹3,469.30 lakhs (including inventories ₹1,755.65 lakhs, trade receivables ₹1,494.16 lakhs)

Non-Current Assets: ₹362.72 lakhs

Total Equity: ₹1,130.39 lakhs

Total Liabilities: ₹2,701.63 lakhs

Current Liabilities: ₹2,567.73 lakhs (including borrowings ₹1,017.92 lakhs, trade payables ₹1,298.52 lakhs)

Non-Current Liabilities: ₹133.90 lakhs (including borrowings ₹123.35 lakhs)

Business Resolutions for AGM

Ordinary Business

1. Item 1: Adoption of audited financial statements for FY 2025-26 and reports of Board of Directors and Auditors

2. Item 2: Re-appointment of Ms. Parminder Kaur (DIN: 09525971) as Director liable to retire by rotation

Special Business

3. Item 3: Approval for creating charge on company assets up to ₹100 crores under Section 180(1)(a)

4. Item 4: Approval for borrowing funds up to ₹100 crores under Section 180(1)(c)

5. Item 5: Approval for giving loans/guarantees up to ₹100 crores to entities where directors are interested under Section 185

6. Item 6: Approval for loans, guarantees, and investments up to ₹100 crores under Section 186

7. Item 7: Waiver of recovery of excess remuneration paid to Mr. Satnam Singh (₹1,65,300) for FY 2024-25

8. Item 8: Waiver of recovery of excess remuneration paid to Ms. Harjot Kaur Chawla (₹6,16,530 for FY 2024-25 and ₹5,54,265 for FY 2025-26)

9. Item 9: Waiver of recovery of excess remuneration paid to Ms. Parminder Kaur (₹6,16,530 for FY 2024-25 and ₹5,54,265 for FY 2025-26)

10. Item 10: Approval for payment of managerial remuneration in excess of limits under Section 197 for any financial year

11. Item 11: Regularization of Mr. Parveen Bhadana (DIN: 11502975) as Whole-Time Director for 5 years from July 16, 2026

12. Item 12: Regularization of Ms. Megha Sharan (DIN: 05332335) as Non-Executive Independent Director for 5 years from August 1, 2026

13. Item 13: Regularization of Mr. Atul Chauhan (DIN: 03578401) as Non-Executive Independent Director for 5 years from August 6, 2026

Board Composition Changes

Resignations:

  • Ms. Harjot Kaur Chawla (Non-Executive Director) - resigned July 16, 2026
  • Mr. Rajesh Khurana (Independent Director) - resigned August 1, 2026
  • Mr. Jaspreet Singh (Independent Director) - resigned August 6, 2026

New Appointments:

  • Mr. Parveen Bhadana - appointed as Additional Director (Whole-Time) on July 16, 2026
  • Ms. Megha Sharan - appointed as Additional Director (Independent) on August 1, 2026
  • Mr. Atul Chauhan - appointed as Additional Director (Independent) on August 6, 2026

Key Management Personnel

Managing Director & CFO: Mr. Satnam Singh (DIN: 09526002)

Company Secretary & Compliance Officer: Mr. Amit Kumar Sodhani

Statutory Auditors: M/s Kapish Jain & Associates (Chartered Accountants)

Secretarial Auditor: M/s Vaibhav Sharma & Associates (Company Secretaries)

Internal Auditor: Ms. Parminder Kaur

Bankers: HDFC Bank Limited, Andhra Bank Financial Services Ltd.

RTA: M/s Venture Capital and Corporate Investments Private Limited

Corporate Governance

  • Audit Committee, Nomination & Remuneration Committee, and Stakeholder Relationship Committee constituted
  • 6 Board meetings held during FY 2025-26
  • 4 Audit Committee meetings held during FY 2025-26
  • Whistle Blower Policy and Code of Conduct implemented
  • No frauds reported by statutory auditors
  • No material orders passed by regulators/courts impacting going concern status

Other Significant Disclosures

  • No dividends declared for FY 2025-26
  • No deposits accepted during the year
  • No revision in financial statements
  • No change in nature of business
  • No subsidiary, joint venture or associate companies
  • Related party transactions disclosed in Annexure-III (AOC-2)
  • Conservation of energy, technology absorption details in Annexure-II
  • Management Discussion & Analysis report in Annexure-V
  • Secretarial Audit Report (MR-3) with no adverse observations
  • CFO certification provided