Meeting Details

  • Date: Monday, September 28, 2026
  • Time: 10:30 A.M. Indian Standard Time
  • Location: Conducted through Video Conferencing / Other Audio-Visual Means (VC/OAVM)
  • Type: 32nd Annual General Meeting
  • Deemed Venue: Registered Office of the Company at S NO 149, Near Kalyanpura Patia, Village Itla, Gandhinagar Mansa Road, Tal. Mansa, Gandhi Nagar–382845, Gujarat, India

Proposed Resolutions and Implications

Ordinary Business:

1. To receive, consider and adopt the Audited Standalone Financial Statements for FY ended 31st March 2026 with Reports of Board of Directors and Auditors

2. To receive, consider and adopt the Audited Consolidated Financial Statements for FY ended 31st March 2026 with Report of Auditors

3. To declare a final dividend of ₹0.05 (Five Paisa) per equity share of face value ₹1 each for FY ended 31st March 2026

4. To appoint a Director in place of Mr. Rushil Krupesh Thakkar (DIN: 06432117) who retires by rotation

5. Appointment of M/s. Parikh & Majmudar, Chartered Accountants, Ahmedabad (Firm Registration No. 107525W) as Statutory Auditors for first term of five consecutive years from conclusion of 32nd AGM until conclusion of 37th AGM in 2031

Special Business:

6. Reappointment of Mr. Rushil Krupesh Thakkar (DIN: 06432117) as Managing Director for period of Three years from 13th August, 2026 to 12th August, 2029 at remuneration of ₹15,00,000 per month

Voting Process and Methods

  • Remote e-Voting Agency: National Securities Depository Limited (NSDL)
  • Cut-off Date: Monday, September 21, 2026 for determining shareholders entitled to vote
  • Remote e-Voting Period: Thursday, September 24, 2026 at 9:00 a.m. (IST) to Sunday, September 27, 2026 at 5:00 p.m. (IST)
  • Voting Methods: Remote e-Voting before AGM and e-voting during AGM proceedings
  • Physical Attendance: Dispensed with due to VC/OAVM format
  • Proxy Facility: Not available for this AGM
  • Scrutinizer: M/s. SPANJ & Associates, Company Secretaries, Ahmedabad appointed to scrutinize remote e-Voting process

Dividend Information

  • Record Date: Tuesday, September 08, 2026 for determining entitlement to final dividend
  • Dividend Payment Date: On or after Tuesday, September 29, 2026
  • Dividend Amount: ₹0.05 per equity share (5% of face value ₹1)
  • TDS: Applicable as per Income Tax Act, 2025
  • Payment Mode: Electronic mode for all shareholders as mandated by SEBI from April 1, 2024

Compliance with Laws and Regulations

The notice confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • Companies (Audit and Auditors) Rules, 2014
  • Companies (Management and Administration) Rules, 2014
  • Secretarial Standards on General Meetings (SS-2) issued by ICSI
  • MCA General Circular Nos. 14/2020, 17/2020, 20/2020, 03/2025
  • SEBI Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026
  • SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated 3rd October 2024

Additional Information

  • Explanatory Statement: Provided pursuant to Section 102 of Companies Act, 2013 and Regulation 36(3) of SEBI LODR
  • Director Details: Mr. Rushil Thakkar's profile, qualifications, experience, and remuneration details provided as per Regulation 36(3)
  • Auditor Transition: M/s. Pankaj R. Shah & Associates (paid ₹5.51 Lacs for FY 2025-26) expressed unwillingness for reappointment, leading to proposal for M/s. Parikh & Majmudar
  • Results Declaration: Within two working days from conclusion of AGM on company website and stock exchange websites
  • Quorum: Attendance through VC/OAVM will be counted for quorum under Section 103 of Companies Act, 2013