Key Dates

  • Cut-off Date (Record Date): Friday, 5th June, 2026
  • E-Voting Commencement: Wednesday, 10th June, 2026, from 9:00 A.M. IST
  • E-Voting Conclusion: Thursday, 9th July, 2026, at 5:00 P.M. IST
  • Result Declaration: On or before Saturday, 11th July, 2026
  • Deemed Passing of Resolution: The last date of remote e-voting (9th July 2026) shall be the date the resolution is deemed passed if approved.

Resolution Details

Resolution Number: 1

Type: Special Resolution

Purpose: To broaden the scope of the Company's business activities by incorporating additional objects to enable diversification into new business opportunities and enhance long-term shareholder value.

Proposed New Business Objects to be added after existing Clause 6 of Clause III(A):

1. To carry on business as importers, exporters, traders, and distributors of all kinds of goods, commodities, and services.

2. To engage in agriculture, contract farming, organic farming, horticulture, and related agri-business activities.

3. To trade, deal, invest, or hedge in commodities and commodity derivatives.

4. To manufacture, assemble, process, or otherwise deal in any products, goods, or materials.

5. To establish, develop, manage, or operate digital platforms, e-commerce platforms, and provide technology solutions.

6. To establish, acquire, operate, or manage media houses, TV channels, digital media platforms, and broadcasting services.

7. To invest, acquire, trade, or deal in shares, stocks, debentures, and other financial instruments.

8. To provide portfolio management, investment advisory, research, asset management, and brokerage services (subject to regulatory approvals).

9. To promote, form, invest in, or collaborate with joint ventures and other entities.

10. To establish, develop, operate, or manage warehouses, logistics facilities, and supply chain systems.

Regulatory References: Section 13 and other applicable provisions of the Companies Act, 2013; Rule 22(1) of the Companies (Management and Administration) Rules, 2014; SEBI LODR Regulations; MCA Circulars including No. 14/2020, 03/2022, 11/2022, 09/2023, 09/2024, and 03/2025; SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167; and Secretarial Standard – 2.

Voting Mechanics

  • The company has appointed Central Depository Services (India) Limited (CDSL) to provide the e-Voting facility.
  • Voting is exclusively electronic; no physical ballot forms or hard copies of the notice are being sent.
  • The notice was sent electronically to all members whose email IDs were registered with the Company/Depositories as of the cut-off date (5th June 2026).
  • The Board of Directors appointed Mr. Rohit Bhatia, Practicing Company Secretaries (Membership No. 67220, COP No. 25126), as the Scrutinizer for the process.
  • Voting rights are proportional to the paid-up equity share capital held as of the cut-off date.
  • Detailed instructions for remote e-voting for both demat and physical shareholders are provided in the notice.

Financial and Operational Impact

Financial impact not quantified in the disclosure. The explanatory statement states the alteration is intended to provide "greater operational flexibility to enter into new business segments and pursue growth opportunities."

Governance and Compliance

  • The explanatory statement confirms that none of the Directors, Key Managerial Personnel, or their relatives is concerned or interested in the resolution, financially or otherwise, except to the extent of their shareholding.
  • A copy of the existing and proposed amended Memorandum of Association is available for inspection at the Registered Office and electronically upon request.
  • An advertisement regarding the postal ballot will be published in one English and one Hindi newspaper.