Meeting Details

The 22nd Annual General Meeting was held on Monday, August 24, 2026, through Video Conferencing/Other Audio-Visual Means (VC/OAVM) in accordance with circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI. The meeting was convened based on the notice dated July 30, 2026.

Timing and Duration

The meeting commenced at 03:00 PM (IST) and concluded at 03:27 PM (IST), lasting 27 minutes.

Attendance

Directors Present:

  • Mr. Bimalkumar Bansal, Managing Director and Chairman
  • Mr. Prashant Agarwal, Whole-time Director and CFO

Company Officials:

  • Mrs. Meena Goenka, Company Secretary & Compliance Officer (ACS No.: 56500)

Shareholder Participation:

  • 21 shareholders attended through video conferencing
  • 3 speaker shareholders participated in the Q&A session

Scrutinizer Appointment

Mr. Ranjit Binod Kejriwal (Membership No. F6116), Practicing Company Secretary, was appointed as Scrutinizer to scrutinize votes cast through the remote e-voting platform and e-voting at the AGM.

Voting Process

The e-voting platform was open from August 21, 2026 (09:00 AM) to August 23, 2026 (05:00 PM). Members who had not cast their votes were permitted to vote during the AGM and for 15 minutes after its conclusion. The voting results will be declared by the Chairman upon receipt of the Scrutinizer's report and will be uploaded on the company's website and intimated to BSE in due course.

Business Transacted

Ordinary Business:

1. Adoption of Financial Statements

2. Appointment of Mr. Bimalkumar Rajkumar Bansal (DIN: 00029307) as Managing Director liable to retire by rotation

Special Business:

3. Re-appointment of Mrs. Rachana Agarwal (DIN: 08081299) as an Independent Director

4. Approval for cancellation of Employee Stock Option Scheme of the Company

5. Approval for material related party transactions with Mr. Bimalkumar Rajkumar Bansal

6. Approval for material related party transactions with Mr. Sourabh Bimalkumar Bansal

7. Approval for material related party transactions with Mr. Siddharth Bimal Bansal

8. Approval for material related party transactions with Mrs. Bala Bimalkumar Bansal

9. Approval for material related party transactions with Mrs. Shalini Siddharth Bansal

10. Approval for material related party transactions with Mrs. Shweta Sourabh Bansal

11. Approval for material related party transactions with Bimalkumar Rajkumar Bansal (HUF)

12. Approval for material related party transactions with Sourabh Bimalkumar Bansal (HUF)

13. Approval for material related party transactions with Siddharth Bimalkumar Bansal (HUF)

Communication Method

The notice of the AGM was sent only through electronic mode to members, in compliance with MCA and SEBI circulars. The notice is available on the company's website and stock exchange.

Quorum

Requisite quorum was present at the meeting, which was called to order at 03:00 PM.

Additional Information

The company's registered office is in Surat, Gujarat. The disclosure was digitally signed by Meena Goenka from Surat, Gujarat (postal code: 395007).