Key Quantitative Figures
- Dividend Recommended: 15% (₹0.15 per equity share of ₹1 face value) for FY 2025-2026
- Statutory Auditor Remuneration: ₹1,25,000 plus GST for M/s A D V And Co LLP
- Cost Auditor Remuneration: ₹55,000 plus GST and out-of-pocket expenses for M/s Cheena & Associates
- FY26 Financial Performance:
- Paid-up Capital: ₹1,059 lakhs
- Reserves & Surplus: ₹13,661 lakhs
- Revenue from Operations: ₹33,890 lakhs
- Other Income: ₹236 lakhs
- Total Revenue: ₹34,126 lakhs
- Total Expenditure: ₹29,846 lakhs
- Profit After Tax: ₹3,091 lakhs
- Executive Director Remuneration (Ram Babu Verma):
- Basic Salary: ₹90,500 per month (in scale of ₹90,500-₹1,10,000)
- House Rent Allowance: 40% of basic salary
- Unclaimed Dividend Transferred to IEPF: ₹3,86,441 (FY 2017-2018) and 1,42,110 equity shares
Dates of Action
- AGM Date: Thursday, 24th September, 2026 at 12:15 PM
- Record Date for Dividend: Thursday, 17th September, 2026
- Register Closure Date: 18th September to 24th September, 2026 (both days inclusive)
- Remote e-Voting Period: 21st September (9:00 AM) to 23rd September, 2026 (5:00 PM)
- Executive Director Re-appointment Term: 27th December, 2026 to 26th December, 2027 (12 months)
- Perquisites Revision Effective Date: 9th May, 2026 (for Mayank Goenka)
Parties Involved
- Registrar & Transfer Agent: Beetal Financial and Computer Services Private Limited
- Scrutinizer: Ms. Mayuri Sinha (Membership No. 48931), Proprietor of M/s. Mayuri Sinha & Co. (replacing Mr. Sumit Bajaj)
- Statutory Auditors: M/s A D V And Co LLP (Firm Registration No. 003467N/N500463)
- Cost Auditors: M/s Cheena & Associates (Firm Registration No. 000397)
- Depository: National Securities Depository Limited (NSDL)
- Key Personnel:
- Heena Soni (Company Secretary & Compliance Officer)
- Ram Babu Verma (Executive Director)
- Mayank Goenka (Executive Director)
Business Agenda Items
Ordinary Business
1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026
2. Declaration of 15% dividend for FY 2025-2026
3. Re-appointment of Shri Mayank Goenka (DIN: 08604786) as Director retiring by rotation
4. Appointment of M/s A D V And Co LLP as Statutory Auditors at remuneration of ₹1,25,000 plus GST
Special Business
5. Re-appointment of Shri Ram Babu Verma (DIN: 08760599) as Executive Director for 12 months with specified remuneration terms
6. Rectification of perquisites and amenities payable to Shri Mayank Goenka, Executive Director, including:
- House Rent Allowance at 40% of basic salary
- Chauffeur-driven conveyance facility
- Medical reimbursement up to one month's consolidated salary annually
- Leave Travel Assistance once every two years
- Leave encashment, gratuity, and telephone facilities
7. Approval of remuneration of ₹55,000 plus GST for M/s Cheena & Associates, Cost Auditors
Capital Structure Impact
The dividend declaration, if approved, will result in cash outflow subject to TDS deductions. No change in share capital is mentioned in this notice.
Cash Flow Implications
- Dividend payment to shareholders (amount not quantified in disclosure)
- Remuneration payments to auditors and executive directors as specified
- Tax deductions at source on dividend payments
Voting Procedures
- Remote e-voting available through NSDL from September 21-23, 2026
- Physical attendance dispensed with due to VC/OAVM meeting
- Scrutinizer appointed to oversee e-voting process
- Members can join meeting 15 minutes before scheduled time via NSDL platform
Additional Information
- The company is engaged in manufacturing of Vinyl Flooring, Sheeting, and Leather Cloth since 1st November, 1993
- Dividend warrants for FY 2019-2025 remain unencashed by some shareholders
- Special window available till February 4, 2027 for re-lodgement of physical share transfer requests
- Simplified procedures for issuance of duplicate share certificates as per SEBI Circular dated December 24, 2025
- Members must update PAN details to avoid higher TDS deduction on dividend