Key Event Details

  • The 45th Annual General Meeting will be held on Wednesday, September 30, 2026 at 01:00 p.m. through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • The meeting will be conducted in compliance with Section 96 of the Companies Act, 2013 and relevant SEBI and MCA circulars
  • Share transfer books and Register of Members will remain closed from Thursday, September 24, 2026 to Wednesday, September 30, 2026 (both days inclusive)
  • Cut-off date for e-voting: Wednesday, September 23, 2026

Business to be Transacted

Ordinary Business:

1. To receive, consider and adopt the audited financial statements along with reports of the Board of Directors and Auditors for the financial year ended March 31, 2026 (Ordinary Resolution)

2. To consider and approve the appointment of Mr. Akhil Malhotra (DIN: 00126240) as Non-Executive Director who retires by rotation (Ordinary Resolution)

Special Business:

3. To re-appoint Mr. Gian Chand Thakur (DIN: 07006447) as Whole-time Director for a further period of five years from October 1, 2026 to September 30, 2031 (Special Resolution)

  • No salary, remuneration, commission or other monetary compensation will be paid due to company's financial position
  • Basic salary proposed: ₹1 per month
  • Entitled to reimbursement of actual expenses and sitting fees for board meetings

4. To appoint Mr. Inderpreet Singh (DIN: 11590171) as Non-Executive Independent Director for five years from September 02, 2026 to September 01, 2031 (Special Resolution)

5. To appoint Mr. Rahul Kapoor (DIN: 07705566) as Executive Director for five years from September 02, 2026 to September 01, 2031 (Special Resolution)

  • No salary, remuneration or commission will be paid due to company's financial constraints
  • Entitled to reimbursement of actual business expenses

Financial Context

The explanatory statement provides financial performance indicators for the company:

Financial Performance (in Lakhs)

| Particulars | 2025-26 | 2024-25 | 2023-24 |

| Net Sales/Income | 3215.91 | 2735.24 | 2047.50 |

| Gross profit before interest and depreciation | (180.43) | (88.76) | 184.77 |

| Finance cost | 128.05 | 145.71 | 170.10 |

| Profit before depreciation and amortization | (308.48) | (234.48) | 14.67 |

| Depreciation and Amortization | 119.84 | 115.56 | 130.31 |

| PBT before exceptional items | (428.32) | (350.03) | (115.64) |

| Profit before Tax (PBT) | (428.32) | (350.03) | (115.64) |

| Provision for Tax-Deferred | (21.35) | (21.05) | (51.59) |

| Profit after Tax | (406.97) | (328.98) | (64.05) |

| Other Comprehensive Income | 11.48 | 12.49 | 10.57 |

| Total Comprehensive Income | (395.49) | (316.49) | (53.48) |

Voting Arrangements

  • Remote e-voting period: Sunday, September 27, 2026 at 09:00 A.M. to Tuesday, September 29, 2026 at 05:00 P.M.
  • Company has engaged Central Depository Services (India) Limited (CDSL) for e-voting facilities
  • Shareholders can vote through their demat accounts with CDSL/NSDL or through www.evotingindia.com for physical shareholders
  • Scrutinizer: Mr. Ansh Bhambri, Company Secretary in practice

Director Profiles

Mr. Gian Chand Thakur

  • Age: 53 years (DOB: April 20, 1972)
  • Experience: 29 years in textile industry
  • Current tenure: Whole Time Director since October 2014
  • Expertise: Yarn manufacturing, procurement of cotton and capital equipment

Mr. Inderpreet Singh

  • Age: 39 years (DOB: October 24, 1986)
  • Qualification: MBA with specialization in Marketing
  • Experience: Marketing and law fields
  • Directorship: Yogindera Worsted Limited

Mr. Rahul Kapoor

  • Age: 60 years (DOB: July 9, 1966)
  • Qualification: Graduate
  • Experience: Production and finance

Mr. Akhil Malhotra

  • Age: 61 years (DOB: March 26, 1965)
  • Experience: 30 years in textile industry
  • Promoter of the company
  • Also director in Shiva Texfabs Limited

Additional Information

  • Company nature: Manufacturing of textile yarn (Synthetic yarn, Dyed yarn)
  • Corporate Office: 4th Floor, Wood Stock Tower, B-35/958, Adarsh Nagar, Ferozepur Road, Opposite Waves Mall, Ludhiana, Punjab-141012
  • Company website: www.rudraecovation.com
  • RTA: Beetal Financial & Computer Services (P) Limited