Meeting Details

The 31st AGM was held on Tuesday, 18th August, 2026 at 12:30 PM (IST) at Hotel Ashish International, G.E. Road, Bhilai, Chhattisgarh - 490011. The meeting concluded at 01:14 PM.

Attendance and Presiding Officer

Mr. Sunil Kumar Agrawal, permanent chairman of the Board, presided over the meeting. All Directors were present except Mr. Dwadasi Venkata Giri, Independent Director, who is also the Chairperson of Stakeholder Relationship Committee, Audit Committee, Corporate Social Responsibility Committee, and Nomination and Remuneration Committee.

Documentation and Compliance

The Company Secretary confirmed that:

  • Notice of AGM and Annual Report were sent electronically to members with registered email addresses
  • Physical copies were sent to members who requested them
  • No qualifications, reservations, adverse remarks, observations, comments, or disclaimer were given by Statutory Auditors or Secretarial Auditors in their reports for FY ended March 31, 2026
  • All documents referred to in the Notice were available for inspection from the date of circulation until the meeting date
  • Register of Directors, KMP and their Shareholding, and Register of Contracts where Directors are interested were available for inspection at Registered Office during AGM

Voting Process

The company engaged Bigshare Services Private Limited to provide electronic voting facilities. Remote e-voting period commenced on Saturday, August 15, 2026 (09:00 AM) and ended on Monday, August 17, 2026 (05:00 PM). Members present at AGM who had not voted remotely were provided ballot papers. Mr. Atul Jain, Practicing Chartered Accountant (Membership No. 447869) was appointed as Scrutinizer.

Business Transacted

The following resolutions were approved:

1. Adoption of Audited Financial Statements (Ordinary Resolution)

2. Appointment of Director retiring by rotation (Ordinary Resolution)

3. Appointment of Mrs. Ushasree Bhagavatula (DIN: 11480507) as Independent Women Director (Special Resolution)

4. Approval of Material Related Party Transactions with M/s Bansal Brothers (Ordinary Resolution)

5. Ratification of remuneration of Cost Auditor (Ordinary Resolution)

Results Submission

The company committed to submit voting results to stock exchanges within two working days of AGM conclusion. Results along with Scrutinizer's Report(s) will be placed on the company website and Bigshare Services Private Limited website immediately after declaration.

Delay Explanation

The AGM proceedings were submitted to stock exchanges on August 19, 2026 at 9:29 AM, missing the regulatory requirement for submission within twelve hours from AGM conclusion (which ended at 1:14 PM on August 18). The delay was attributed to an oversight in internal submission processes. The company has strengthened its internal compliance monitoring mechanism and timeline-based review process to ensure timely future submissions.

Financial Impact

No specific financial impact quantified in the disclosure.