Meeting Details

  • Event: 33rd Annual General Meeting
  • Date: Wednesday, September 16, 2026
  • Time: 10:00 a.m. IST
  • Mode: Video Conference (VC) / Other Audio-Visual Means (OAVM) without physical presence
  • Deemed Venue: Registered Office at 9, Lalwani Industrial Estate, 14 Katrak Road, Wadala West, Mumbai - 400 031

Ordinary Business Agenda

1. To receive, consider and adopt the Audited Standalone Financial Statements for FY 2025-26 with Reports of Board of Directors and Auditors

2. To receive, consider and adopt the Audited Consolidated Financial Statements for FY 2025-26 with Report of Auditors

3. To declare a final dividend of ₹2.50 per Equity Share of ₹10 each for FY 2025-26

4. To appoint a Director in place of Mr. Jayeshkumar Chandrakant Shah (DIN: 00224935) who retires by rotation and offers himself for re-appointment

Special Business Agenda

Item 5: Appointment of Secretarial Auditor

  • Proposal to appoint Ms. Pauravi Kairav Trivedi, Practising Company Secretary, as Secretarial Auditor
  • Term: Five years from April 1, 2026 to March 31, 2031
  • Remuneration: ₹75,000 per annum plus applicable taxes and out-of-pocket expenses
  • Additional fees for statutory certifications and permissible professional services to be determined separately

Item 6: Approval for Payment of Commission to Non-Executive Directors

  • Proposal to pay commission up to aggregate limit of 1% of net profits computed under Section 198 of Companies Act, 2013
  • Applicable for FY 2026-27 and thereafter
  • Commission to be distributed among Non-Executive Directors (including Non-Independent and Independent Directors)
  • Excludes sitting fees and reimbursement of expenses
  • Board authorized to determine basis and proportion of commission allocation

Item 7: Approval for Payment of Remuneration to Mr. Jayeshkumar Chandrakant Shah

  • Proposal to pay remuneration of ₹75,00,000 (Rupees Seventy-Five Lakh) by way of profit-related commission for FY 2026-27
  • Excludes sitting fees and reimbursement
  • This exceeds 50% of total annual remuneration payable to all Non-Executive Directors
  • Requires Special Resolution under Regulation 17(6)(ca) of SEBI LODR Regulations

Item 8: Amendment in Articles of Association

  • Proposal to insert new Article 94(p) regarding 'Open to the Members to waive/forgo his/their right to receive the Dividend'
  • Amendment allows members to irrevocably waive dividend rights after record date/book closure date
  • Company shall not declare or pay dividend to members who have waived their rights

Item 9: Approval for Waiver/Forging of Dividend Rights by Members

  • Proposal to permit any member(s) holding equity shares to waive/forgo right to receive dividend (interim or final)
  • Such waiver shall be irrevocable after record date/book closure date
  • Company shall not declare or pay dividend to such members

Dividend Details

  • Record Date: Tuesday, August 18, 2026
  • Dividend Amount: ₹2.50 per equity share of ₹10 each (25%)
  • Payment Date: On or after Wednesday, September 16, 2026 (if approved at AGM)
  • TDS: Dividend income taxable in hands of members with TDS deduction as per Income-tax Act, 2025

Voting Arrangements

  • Cut-off Date: Wednesday, September 9, 2026 for determining members entitled to vote
  • Remote e-voting Period: Saturday, September 12, 2026 (9:00 a.m.) to Tuesday, September 15, 2026 (5:00 p.m.)
  • E-voting Service Provider: MUFG Intime India Private Limited
  • Scrutinizer: Mr. Sachin Sharma (C.P.No.20423) and failing him Mr. Vishwanath K.R. (C.P. No.25099) of M/s Sharma and Trivedi LLP
  • Result Declaration: Within two working days of meeting conclusion

Document Distribution

  • Notice and Annual Report sent electronically to members with registered email addresses
  • Physical copies available on request to companysecretary@seshaasai.com
  • Documents available on company website: https://seshaasai.com/investor/#annual-reports
  • Also available on stock exchange websites: BSE (www.bseindia.com) and NSE (www.nseindia.com)

Additional Information

  • Last Date for TDS Forms Submission: Friday, August 21, 2026
  • Speaker Registration Deadline: Tuesday, September 8, 2026
  • Query Submission Deadline: Wednesday, September 9, 2026
  • One-time Email Registration Deadline: Wednesday, September 9, 2026
  • RTA Contact: MUFG Intime India Private Limited at C-101, Embassy 247, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083
  • Company Contact: companysecretary@seshaasai.com | Tel: 022 66270927

Director Information (Mr. Jayeshkumar Chandrakant Shah)

  • DIN: 00224935
  • Experience: 31 years
  • Expertise: Financial Literacy, Corporate Governance, Legal and Compliance, General Management, Risk Management, Strategic Expertise
  • Board Meetings Attendance: 16 out of 16 held during 2025-26
  • Shareholding: Nil
  • Other Directorships: Stellar Securities Private Limited, Rite Infotech Private Limited, Capgrow Holdings and Consultancy Private Limited, Trends Holdings and Consultancy Private Limited
  • Committee Memberships: None
  • Relationship with other Directors/KMP: None