AGM Details

The 42nd Annual General Meeting will be held on Tuesday, 18th August 2026 at 01:00 P.M. IST through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) in compliance with MCA and SEBI circulars.

Cut-off and Voting Dates

  • Cut-off date for determining shareholders entitled to vote: Tuesday, 11th August 2026
  • Remote e-voting period: Saturday, 15th August 2026 (09:00 AM IST) to Monday, 17th August 2026 (05:00 PM IST)
  • Share transfer books closure: 8th August 2026 to 18th August 2026 (both days inclusive)

Business to be Transacted

ORDINARY BUSINESSES:

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

2. To appoint a director in place of Ms. Deepika Arora (DIN: 07117491), who retires by rotation and being eligible offers herself for reappointment.

SPECIAL BUSINESSES:

3. RATIFICATION OF COST AUDITORS' REMUNERATION: To ratify remuneration of ₹20,000/- plus applicable taxes and reimbursement of out-of-pocket expenses payable to M/s. A. Goyal and Co., Cost Accountants (Firm Registration No. 101308) for conducting cost audit for FY ending 31st March 2027.

4. RE-APPOINTMENT OF MR. AJAY PESHKAR AS WHOLE-TIME DIRECTOR (KMP): Special resolution to reappoint Mr. Ajay Peshkar (DIN: 03094090) as Whole-time Director for 3 years with effect from 19th May 2026 with following terms:

  • Tenure: 3 years from 19th May 2026 to 18th May 2029
  • Salary: ₹1,47,193/- per month
  • Provident Fund: Company's contribution as per rules
  • Bonus, Gratuity & Leave Encashment: As per company rules and statutory enactments
  • Sitting Fees: Not entitled
  • Annual Increment: Board authorized to increase salary with annual increment up to ₹25,000/- per month
  • Minimum Remuneration: Payable as per Schedule V if company has no profits or inadequate profits

Explanatory Statement Details

Item No. 3 (Cost Auditor Ratification)

  • Board approved appointment of M/s. A. Goyal and Co. based on Audit Committee recommendation
  • Remuneration considered based on performance during previous years
  • No director or KMP interested in this resolution

Item No. 4 (Director Reappointment)

  • Mr. Ajay Peshkar was previously appointed at 39th AGM held on 11th August 2023 for 3 years ending 18th May 2026
  • Reappointment approved by Board on 19th May 2026 based on Nomination and Remuneration Committee recommendation
  • Mr. Peshkar has provided consent and declaration of eligibility

Financial Performance Context (FY2021-22 to FY2025-26)

| Financial Year | Revenue (₹ Lacs) | Profit Before Tax (₹ Lacs) | Profit After Tax (₹ Lacs) |

| 2025-26 | 28,217.99 | 394.45 | 348.02 |

| 2024-25 | 20,433.64 | 373.17 | 282.72 |

| 2023-24 | 3,043.17 | 89.54 | 67.60 |

| 2022-23 | 5,827.58 | 103.43 | 75.90 |

| 2021-22 | 16,364.52 | 228.43 | 167.92 |

| 2020-21 | 13,354.29 | 294.02 | 209.24 |

Director Information - Mr. Ajay Peshkar

  • Age: 51 years
  • Qualification: Diploma in Mechanical Engineering (1995)
  • Experience: 31+ years in Strategic Planning, Leadership, Plant Administration, Production/Quality Management
  • Previous Role: Plant Head at KPMC Technology Ltd., Indore before joining Sarthak Industries in June 2021
  • Current Remuneration (FY2025-26): ₹17,64,202/- as Whole-time Director
  • Shareholding: Nil equity shares as on 31.03.2026
  • Board Meeting Attendance: 7 out of 7 meetings in FY2025-26
  • Other Directorships: Nil

Company Business Overview

  • Engaged in manufacturing LPG Cylinders supplied to Oil Companies (IOCL, HPCL, BPCL) and private companies
  • Also engaged in trading of agri-commodities on opportunity basis
  • Commenced commercial production in 1982
  • Foreign investment: Holds 8.53% in Paras Industries (Private) Limited, Sri Lanka (19,49,284 ordinary shares)

E-Voting Arrangements

  • E-Voting Service Provider: Central Depository Services (India) Limited (CDSL)
  • Scrutinizer: Mr. Amit Jain, FCS 7859, Practicing Company Secretary (CP No. 24303)
  • Individual shareholders holding securities in demat mode can vote through their demat accounts
  • Physical shareholders and non-individual shareholders can vote through www.evotingindia.com
  • Results will be submitted to stock exchange within 2 working days and placed on company website

Additional Information

  • No route map provided as AGM is virtual
  • Facility available for first 1000 members on first-come-first-served basis (exceptions for large shareholders, promoters, institutional investors, directors, KMPs)
  • Members can submit queries by 8th August 2026 to sarthakindustries@yahoo.in
  • All documents referred to in notice available for electronic inspection
  • Dividend payments only in electronic mode for physical shareholders with KYC-compliant folios

Compliance References

  • Convened under MCA Circular Nos. 14/2020, 17/2020, 20/2020, 02/2022, 3/2025
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 provisions
  • SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 9, 2020

Registrar & Share Transfer Agent

Sarthak Global Limited

Administrative/Corporate Office: 170/10, Film Colony, R.N.T. Marg, Indore (M.P.) - 452001, India

Contact No.: 0731-4279626; Email Id: investors@sarthakglobal.com

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