Meeting Details

  • Date: Wednesday, September 30, 2026
  • Time: 1:00 P.M. IST
  • Mode: Video Conferencing/Other Audio Visual Means
  • Deemed Venue: Registered Office at 59, Moti Magri Scheme, Udaipur-313001, Rajasthan
  • Cut-off Date for Voting Eligibility: Wednesday, September 23, 2026

Proposed Resolutions and Implications

Ordinary Business:

1. Adoption of Financial Statements: To receive, consider and adopt:

  • Audited Standalone Financial Statements for year ended March 31, 2026
  • Audited Consolidated Financial Statements for year ended March 31, 2026

2. Re-appointment of Director: To re-appoint Mr. Devendra Sharma (DIN: 00921174) as a Director liable to retire by rotation (designated as Managing Director)

Special Business:

3. Reappointment of Whole-time Director: Special Resolution to re-appoint Mrs. Aruna Doshi (DIN: 00949220) as Whole-time Director for 3 years effective April 01, 2027, despite attaining age 71 years. Remuneration includes:

  • Basic Salary: ₹50,000 per month
  • Performance Bonus/Incentive: As approved by Board
  • Perquisites: Medical insurance (₹50,000 pa), medical reimbursement (one month salary), PF, gratuity, car with driver, telephone
  • Total remuneration for FY2025-26: ₹6.5 lakh

4. Material Related Party Transactions: Ordinary Resolution to approve transactions with Madhav Surfaces FZC LLC (common director: Mr. Madhav Doshi) for sale of Quartz grit, powder and consumables on commission basis:

  • Aggregate limit: ₹5 crores
  • Previous transactions: FY2025-26: ₹57.38 lakh, Q1 FY2026-27: ₹29.63 lakh
  • Related party financials: Turnover ₹6,737.18 lakh, Net Loss ₹685.26 lakh
  • Value as percentage of company turnover: 514.19%

5. Continuation of Managing Director: Special Resolution to continue Mr. Devendra Sharma as Managing Director after attaining age 70 years during his current term (appointed until January 31, 2031)

Voting Process and Methods

  • Remote e-Voting Period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
  • Service Provider: Central Depository Services (India) Limited (CDSL)
  • Scrutinizer: Dr. Ronak Jhuthawat (Certificate of Practice No.-12094) of M/s Ronak Jhuthawat & Co.
  • Voting Methods:
  • Remote e-voting via www.evotingindia.com
  • E-voting during AGM for those who haven't voted remotely
  • Physical shareholders use Folio Number
  • Demat shareholders use DP ID/Client ID
  • Participation: VC/OAVM facility available for first 1000 members on first-come basis, excluding large shareholders (2%+), promoters, institutions, directors, KMPs, committee chairs, auditors

Compliance with Laws and Regulations

The notice confirms compliance with:

  • SEBI (LODR) Regulations, 2015 (Regulations 30, 34, 44)
  • Companies Act, 2013 (Sections 102, 108, 152, 196, 197, 198, 203)
  • Companies (Management and Administration) Rules, 2014
  • MCA Circular No. 3/2025 dated September 22, 2025
  • SEBI Circular dated October 3, 2024
  • Secretarial Standard-2 on General Meetings

Financial Context

The explanatory statement discloses challenging financial performance:

  • Standalone FY2026 Results:
  • Gross Turnover and Other Income: ₹97.24 lakh
  • Net Loss: ₹(17.31) lakh
  • Net Worth: ₹2,042.61 lakh
  • Reasons for loss: Global trade challenges, elevated freight costs, geopolitical tensions, rising interest rates, currency volatility

Additional Information

  • Results and scrutinizer's report will be posted on company website (www.rajdarshanindustrieslimited.com) and CDSL website (www.evotingindia.com)
  • Documents available for electronic inspection from notice date until AGM date
  • No physical proxy facility due to virtual meeting
  • Related parties to abstain from voting on Resolution 4