Meeting Details
- Date: Friday, 25th September, 2026
- Time: 11:30 A.M.
- Mode: Video Conferencing/Other Audio Visual Means
- Deemed Venue: Registered Office cum Works at Village & P.O. Ghollu Majra, Tehsil Derabassi, Distt. Mohali, Punjab 140506
- Record Date: Friday, 18th September, 2026
- Share Transfer Book Closure: 21.09.2026 to 25.09.2026 (both days inclusive)
Agenda Items
ORDINARY BUSINESS
Item 1: Adoption of Financial Statements
- To receive, consider and adopt Audited Financial Statements for FY ended 31st March, 2026
- Includes Reports of Board of Directors and Auditors
- Ordinary Resolution required
Item 2: Reappointment of Mrs. Bindu Chowdhary
- Director retiring by rotation (DIN: 01154263)
- Aged 86 years, Non-Executive Non-Independent Director
- Special Resolution required due to age exceeding 75 years (Regulation 17(1A) of SEBI LODR)
- Promoter of the company with over four decades of business management experience
Item 3: Ratification of Cost Auditor Remuneration
- Appointment of M/s. Balwinder & Associates, Cost Accountants (Firm Registration No.: 000201)
- For audit of cost records for FY ending March 31, 2027
- Remuneration: ₹80,000/- plus applicable taxes and reimbursement of out-of-pocket expenses
- Ordinary Resolution required
SPECIAL BUSINESS
Item 4: Reappointment of Mr. Rakesh M. Kumar as Managing Director
- DIN: 00066497
- Current term completes on 30.11.2026
- Proposed term: 3 years from 1st December, 2026
- Special Resolution required
Remuneration Details:
- Salary: ₹12,00,000/- per month with power to Board to give increments up to ₹15,00,000/- per month
- Perquisites:
- PF, Superannuation, Annuity Fund contributions (non-taxable)
- Gratuity at half month's salary per completed year
- Encashment of earned leave up to 10 months
- Official travel expenses on actual basis
- Amenities:
- Company car with maintenance and driver
- Phone, laptop, internet facilities
- Other necessary facilities
- Minimum Remuneration: Payable in case of loss or inadequacy of profits as per Section 197 of Companies Act, 2013
- Current Remuneration: Drew ₹144.22 lakh during FY 2025-26
- Experience: B.Tech, MBA, with over three decades in forging industry, joined company in 1994
- Shareholding: Holds 11,80,100 equity shares
Item 5: Reappointment of Mr. Satish Chander Sharma as Independent Director
- DIN: 09654654
- Current term until 29th June, 2027
- Proposed second term: 30th June, 2027 to 29th June, 2032
- Special Resolution required
- Retired banker with 39 years experience in banking and finance
- Received sitting fees of ₹70,000/- during FY 2025-26
- No shareholding in company
Financial Performance Context (From Explanatory Statement)
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
| Turnover & Other Income | ₹20,487.59 lakh | ₹19,168.24 lakh | ₹16,294.14 lakh |
| Profit before tax | ₹617.42 lakh | ₹697.19 lakh | ₹428.83 lakh |
| Profit after tax | ₹438.88 lakh | ₹509.88 lakh | ₹297.41 lakh |
Voting Arrangements
Remote e-Voting Period:
- Starts: Tuesday, 22nd September, 2026 at 9:00 A.M.
- Ends: Thursday, 24th September, 2026 at 5:00 P.M.
- Service Provider: Central Depository Services (India) Limited (CDSL)
Voting Methods:
1. Individual shareholders in demat mode: Through CDSL/NSDL depository systems
2. Physical shareholders and non-individual shareholders: Through CDSL e-voting system at www.evotingindia.com
Scrutinizer: Ms Arshdeep Kaur, Practicing Company Secretary (Certificate of Practice No. 27198)
Shareholder Services Information
- RTA: M/s Mas Services Ltd, New Delhi
- Dematerialization: Mandatory for all securities transfers since April 1, 2019
- KYC Requirements: Physical shareholders must provide PAN, nomination details, contact information, bank details, and specimen signature
- Dividend Payment: From April 1, 2024, physical shareholders must provide complete KYC details for electronic dividend payments
Document Availability
- Notice and Annual Report 2025-26 available on company website: www.samratforgings.com
- Also available on BSE website: www.bseindia.com
- Available on CDSL website: www.evotingindia.com