Meeting Details
- Date: Friday, 26th June 2026
- Time: 3:00 P.M. (IST)
- Location: Conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM)
- Type: Annual General Meeting
- Deemed Venue: Registered Office of the Company at Unit 1104, 11th Floor, Godrej Two, Pirojshanagar, Eastern Express Highway, Vikhroli East, Mumbai - 400079
Proposed Resolutions and Implications
Ordinary Business
1. Adoption of Annual Audited Standalone Financial Statements for the year ended 31st December 2025, including Balance Sheet, Statement of Profit and Loss, Cash Flow Statement, and Reports of Board of Directors and Auditors.
2. Declaration of final dividend of ₹75 per equity share of ₹10 each for the Financial Year ended 31st December 2025.
3. Re-appointment of Mr. Stanislas Camart (DIN: 10686945) as Director who retires by rotation.
4. Appointment of M/s. Price Waterhouse & Co Chartered Accountants LLP (Firm Registration No.: 304026E/E300009) as Statutory Auditors for a term of 5 consecutive years effective from conclusion of this AGM till conclusion of the 8th AGM.
Special Business
5. Appointment of M/s. Price Waterhouse & Co Chartered Accountants LLP to fill casual vacancy caused by resignation of M/s. Kalyaniwalla & Mistry LLP, effective from 25th May 2026 until conclusion of 3rd AGM.
6. Ratification of remuneration payable to M/s. Kishore Bhatia & Associates, Cost Accountants (Firm Registration No. 00294) amounting to ₹315,000 plus applicable taxes for conducting cost audit for financial year ending 31st December 2026.
Voting Process and Methods
The Company provides facility for remote e-Voting and e-Voting during the AGM through NSDL as the authorized agency:
- Remote e-voting period: Tuesday, 23rd June 2026 (9:00 A.M.) to Thursday, 25th June 2026 (5:00 P.M.)
- E-voting during AGM: Friday, 26th June 2026 from 3:00 P.M. until 30 minutes after conclusion of meeting
- Cut-off date: Friday, 19th June 2026 for determining members entitled to vote
- Book closure: Saturday, 20th June 2026 to Friday, 26th June 2026 (both days inclusive)
- Scrutinizer: Mr. Omkar Dindorkar (ACS 43029), Partner at M/s. MMJB & Associates LLP (or failing him, Ms. Deepti Kulkarni (ACS 34722))
Key Voting Outcomes and Participation
Voting results will be declared to Stock Exchanges within prescribed timeframe and placed on Company website along with Scrutinizer's Report. The document does not contain actual voting results as this is a notice preceding the meeting.
Compliance with Laws and Regulations
The notice confirms compliance with:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Companies Act, 2013
- MCA Circular No. 03/2025 dated 22nd September 2025 and subsequent circulars
- Secretarial Standard-2 on General Meetings issued by ICSI
- SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated 7th May 2024
- SEBI Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/81 dated 10th June 2024
Additional Financial and Procedural Information
- Dividend payment date: 9th July 2026 to members on register as of 19th June 2026
- Taxation: Dividend taxable in hands of members with TDS deduction at applicable rates
- Unclaimed shares: 174 shareholders with 9,250 equity shares in Unclaimed Suspense Account as of 31st December 2025
- Auditor fees: Limited Review Fees: ₹1.20 million for three reviews; Statutory Audit Fees: ₹2.95 million
- Director qualifications: Mr. Stanislas Camart graduated from ISC Paris with Master's equivalent in Business Administration, currently CHC Chief Accounting Officer and Head of Global Business Services at Opella
- Register of Members closure: 20th June 2026 to 26th June 2026 (both days inclusive)