Meeting Details

The 33rd Annual General Meeting was held on Tuesday, 29th September 2026 at 11:00 AM through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting notice was dated 20th August 2026.

Shareholder Participation

The required quorum was present. The details of shareholders present in the meeting are as follows:

  • Video Conference: 44 total (1 from Promoter and Promoter Group, 43 from Public)

Resolutions Discussed

The following resolutions as set out in the notice of the 33rd AGM were proposed and seconded by the members:

Ordinary Business

1. Adoption of Audited Financial Statements for the financial year ended 31st March 2026.

2. Declaration of Dividend.

3. Re-appointment of Mr. Hardik A Patel (holding DIN 00590663) who retires by rotation.

Special Business

4. Ratification of the remuneration payable to the Cost Auditors of the Company, M/s. Ajith Sivadas & Co. for the year ending 31st March 2027.

5. Divestment of the entire shareholding of the company in Premier Tissues India Ltd.

Voting Process

The Company had tied up with Central Depository Services India Limited (CDSL) to provide facilities for:

  • Remote e-voting
  • E-voting during the AGM
  • Participation in the AGM through VC/OAVM facility

The remote e-voting facility was provided to members from Saturday, 26th September 2026 at 9:00 AM to Monday, 28th September 2026 at 5:00 PM. Venue voting was also provided to members who had not done e-voting and were present at the meeting.

Proceedings and Discussions

Mr. Hardik A Patel chaired the meeting. The Chairman introduced the Directors, Management Committee Members, and invitees present. The Report of the Board of Directors, Accounts for FY ended 31st March 2026, and the AGM notice were taken as read since they had been circulated to members.

Members who had registered as speakers addressed the meeting through VC/OAVM and sought clarifications on the company's accounts and businesses. The Managing Director responded to queries and provided clarifications.

Voting Results and Compliance

The Chairman announced that the e-voting results along with the consolidated Scrutinizer's report would be informed to the Bombay Stock Exchange and National Stock Exchange in the format prescribed under Regulation 44 of SEBI (LODR) Regulations, 2015 within the stipulated time.

Meeting Conclusion

The meeting concluded at 11:45 AM on 29th September 2026.