Meeting Details
- Date: Tuesday, 29th September 2026
- Time: 12:00 PM to 12:18 PM (IST)
- Location: Hotel Black Mango, Nahan Road, Kala-Amb, District Sirmaur, Himachal Pradesh-173030
- Type: 46th Annual General Meeting
Attendees
Directors Present:
- Mr. Subhash Chander Garg, Chairman
- Mr. Jatinder Singh, Managing Director
- Mr. Deepan Garg, Co-chairman
- Dr. Kamal Sharma, Independent Director and Chairman of Stakeholders' Relationship Committee and CSR Committee
- Mr. Ashwani Kumar Agarwal, Independent Director and Chairman of Audit Committee
- Mr. Mohanjit Singh Pocni, Independent Director and Member of Audit Committee
- Mr. Vipin Gupta, CFO and Executive Director
Other Attendees:
- Statutory Auditor of the Company
- Mr. Sanjay Kumar Garg, Scrutinizer (Cost Accountant in whole-time practice)
- Mr. Iqbal Singh, Company Secretary & Compliance Officer
Resolutions Proposed and Approved
The following seven resolutions were placed for members' consideration and approval:
ORDINARY BUSINESS:
1. Ordinary Resolution: To receive, consider, and adopt the audited financial statements for the financial year ended March 31, 2026, along with the Board's and Auditor's reports.
2. Ordinary Resolution: Declaration of dividend recommended by the Board on May 28, 2026, for the financial year ended March 31, 2026.
3. Ordinary Resolution: To appoint a Director in place of Sh. Daljeet Singh Mandhan (DIN: 02633421), who retires by rotation and offers himself for re-appointment.
4. Ordinary Resolution: To appoint a Director in place of Sh. Vipin Gupta (DIN: 05107366), who retires by rotation and offers himself for re-appointment.
SPECIAL BUSINESS:
5. Ordinary Resolution: Ratification of remuneration of the Cost Auditor for the financial year ending 31st March 2027.
6. Special Resolution: Appointment of Sh. Daljeet Singh Mandhan (DIN: 09705909), Whole-time Director designated as Director - Marketing, for the remaining tenure of one year from 01.10.2026 to 30.09.2027.
7. Special Resolution: To approve the Managerial Remuneration of Sh. Daljeet Singh Mandhan (DIN: 02633421), Whole-time Director designated as Director Commercial, for the remaining tenure of one year from 01.10.2026 to 30.09.2027.
8. Special Resolution: To approve the re-appointment of Sh. Vipin Gupta (DIN: 05107366) as Whole-time Director, designated as CFO & Executive Director, for a period of five years from 01.11.2026 to 31.10.2031, and to fix the remuneration payable to him.
Voting Process
- The Company provided remote e-voting facility in compliance with MCA Circulars, Companies Act, 2013, and SEBI Listing Regulations
- Voting by poll was also made available during the AGM for members present who had not exercised votes via remote e-voting
- Mr. Sanjay Kumar Garg, Cost Accountant, was appointed as Scrutinizer to scrutinize both remote e-voting and polling process
- The poll remained open for 10 minutes after the conclusion of proceedings
Compliance and Regulatory Framework
The AGM was conducted in compliance with:
- Companies Act, 2013 and rules made thereunder
- Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Relevant circulars, notifications and guidelines issued by MCA and SEBI
- All applicable statutory and regulatory requirements
Additional Information
- The Statutory Auditors Report and Secretarial Audit Report had no qualifications and were taken as read
- No queries were raised by shareholders during the meeting
- Registers required under Companies Act, 2013 were available for inspection
- Consolidated voting results will be declared and displayed on Company's website, Stock Exchange websites, and MUFG Intime India Private Limited website within 2 working days