Meeting Details
- Date: Wednesday, 30th September 2026
- Time: Commenced at 2:04 PM IST, concluded at 2:32 PM IST
- Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
- Venue: Registered office at Gat No. 475, Village Gonde, Taluka Sinnar, Nashik 422113, Maharashtra, India
- Type: Annual General Meeting (22nd AGM)
Attendance and Participation
- Total Members attended: 33 through VC/OAVM
- Chairman: Mr. Nivrutti Pandurang Kedar, Chairman and Director
- Participants: Directors, Key Managerial Personnel, Statutory Auditors, Secretarial Auditors, and Scrutinizer
- Committee Chairpersons: Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee participated from their respective locations
Resolutions and Business Transacted
Ordinary Business
1. Adoption of Financial Statements: Members considered and adopted the audited standalone and consolidated financial statements for the financial year ended 31st March 2026, together with Reports of Directors and Auditors.
2. Declaration of Final Dividend: Members declared a final dividend of ₹0.03 (Three Paise only) per equity share of face value ₹1/- each for FY 2025-2026 as recommended by the Board.
3. Re-appointment of Director: Mr. Atharva Nivrutti Kedar (DIN: 09713023), Managing Director, who retired by rotation, was re-appointed as director.
Voting Process
- The resolutions were put to vote through remote e-voting prior to the meeting
- M/s. Nuren Lodaya & Associates, Practising Company Secretary, was appointed as Scrutinizer
- The Scrutinizer was responsible for scrutinizing both remote e-voting and voting during the AGM
- Voting results and Scrutinizer's Report will be submitted to stock exchanges within statutory period and placed on company website
Shareholder Engagement
- No advance queries received from members regarding AGM business
- Registered speakers were given opportunity to raise queries and seek clarifications during the meeting
- Queries were addressed by the Chairperson and/or management
- The Register of Directors and Key Managerial Personnel and Register of Contracts were made available electronically for inspection
Compliance and Regulatory Framework
The AGM was conducted in compliance with:
- Companies Act, 2013
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Secretarial Standard-2 issued by Institute of Company Secretaries of India
- Relevant circulars issued by MCA and SEBI
- Facility for appointment of proxies was not applicable for VC/OAVM meeting
Financial and Operational Update
The Managing Director briefed members on:
- Financial performance for financial year 2025-2026
- Company's future outlook
- Annual Report containing audited financial statements for FY ended 31st March 2026 had been circulated to members
Signatories and Authentication
- Digitally signed by Atharva Nivrutti Kedar, Managing Director (DIN: 09713023)
- Date of signing: 30th September 2026 at 17:17:36 +05'30'