Meeting Details

The 39th AGM will be held on Thursday, August 27, 2026 at 05:00 PM IST through video conferencing. The deemed venue is the Registered Office at 31 Sneh Nagar, F. No. 18 Vatsalay Chamber, Indore, Madhya Pradesh, India, 452001.

Remote E-Voting Schedule

  • Cut-off date for determining shareholders entitled to vote: Thursday, August 20, 2026
  • Remote e-voting period: Monday, August 24, 2026 (09:00 AM IST) to Wednesday, August 26, 2026 (05:00 PM IST)

Business to be Transacted

Ordinary Businesses:

1. Consideration and adoption of audited financial statements for the financial year ended March 31, 2026, together with reports of Board of Directors and Auditors.

2. Re-appointment of Mr. Kailash Chand Dhaksiya (DIN: 05120584) as Director retiring by rotation.

Special Businesses:

3. Appointment of Mr. Yogendra Singh Bhati (DIN: 11621123) as Non-Executive Non-Independent Director (Ordinary Resolution)

4. Appointment of Mr. Deepak Parashar (DIN: 11742891) as Whole-Time Director (KMP) for 3 years with effect from May 30, 2026 (Special Resolution)

Key Financial Information

The document discloses the following financial performance indicators:

Standalone and Consolidated Financials (₹ in lakhs):

| Financial Year | Revenue from Operations | Profit Before Tax | Profit After Tax |

| 2025-26 | 1161.88 | -274.28 | -274.28 |

| 2024-25 | 10.00 | -104.17 | -104.17 |

| 2023-24 | 20.40 | -11.78 | -8.60 |

Director Appointment Details

Mr. Deepak Parashar's Appointment Terms:
  • Tenure: 3 years from May 30, 2026
  • Salary: ₹35,000 per month
  • Provident Fund: As per company rules
  • Bonus, Gratuity & Leave Encashment: As per company rules and statutory enactments
  • Sitting Fees: Not entitled
  • The Board is authorized to increase salary with annual increment up to ₹10,000 per month

Corporate Governance Information

  • Register of Members Closure: August 17, 2026 to August 27, 2026 (both days inclusive)
  • Scrutinizer: Mr. Ajit Jain, Practicing Company Secretary (CP No. 2876)
  • RTA: Skyline Financial Services Private Limited, New Delhi
  • Company Secretary: CS Priya Bhandari

Reasons for Losses (as disclosed)

  • Global economic slowdown
  • Higher finance cost
  • Increase in raw material cost
  • Losses in manufacturing operations

Steps Taken for Improvement

  • Cost control measures implemented
  • Drastic reduction in credit facilities
  • Realignment initiatives reducing debt burden
  • Overall reduction in finance cost

Additional Information

  • The company commenced commercial production in 1986
  • No foreign collaborations or equity participation by foreign collaborators
  • No stock options granted to directors/employees
  • No service contracts, notice period, or severance fees for directors
  • Dividend payment only in electronic mode for physical shareholders with KYC-compliant folios

Voting Instructions

Shareholders can vote through:

1. Depositories (CDSL/NSDL) for demat holdings

2. CDSL e-voting system for physical shareholders and non-individual demat shareholders

Document References

  • MCA General Circular No. 14/2020 dated April 08, 2020
  • MCA General Circular No. 03/2025 dated September 22, 2025
  • SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022
  • SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 9, 2020
  • Companies Act, 2013 provisions