Meeting Details
- Date: Tuesday, September 29, 2026
- Time: 04:30 p.m.
- Location: Conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
- Type: Annual General Meeting
- Presiding Officer: Mr. Parveen Gupta, Chairperson of the Company
Proposed Resolutions and Implications
The following items of business were transacted at the meeting:
Ordinary Business:
1. Adoption of the Standalone and Consolidated Audited Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors
2. Confirmation of payment of interim dividend amounting to ₹1.10 per equity share of face value ₹2 each during FY 2025-2026
3. Declaration of final dividend of ₹0.50 per equity share of face value ₹2 each for FY 2025-2026
4. Re-appointment of Mr. Parveen Gupta (DIN: 00013926) as Chairman & Managing Director
5. Re-appointment of Mr. Kamlesh Vadilal Shah (DIN: 00378362) as Managing Director
Special Business:
6. Re-appointment of Mr. Parveen Gupta (DIN: 00013926) as Managing Director
7. Re-appointment of Mr. Sachin Gupta (DIN: 00006070) as Whole-time Director
8. Continuation of Mr. Yogesh Lohiya (DIN: 00424142) as Non-Executive Independent Director post attaining age 75 years
9. Approval of limits for loans, guarantees and investments under Section 186 of Companies Act, 2013
10. Approval for creation of security on company properties in favour of lenders under Section 180(1)(a) of Companies Act, 2013
Voting Process and Methods
- Remote e-voting period: September 26, 2026 (09:00 a.m.) to September 28, 2026 (05:00 p.m.)
- In-meeting voting: Shareholders who hadn't voted remotely were allowed to vote through e-voting system during the AGM
- Voting duration: Voting lines remained open till 15 minutes after conclusion of AGM (which ended at 05:12 p.m.)
Key Voting Outcomes
The specific voting results were not provided in this document. The company stated that voting results shall be declared and disseminated on the company website, stock exchanges, and Central Depository Services (India) Limited, and displayed on the company's notice board as per statutory requirements.
Scrutinizer's Role
While the document mentions that representatives including the Scrutinizer were present through Video Conferencing, no specific findings or conclusions from the Scrutinizer were detailed in this summary.
Compliance Confirmation
The meeting was conducted in compliance with applicable provisions of the Companies Act, 2013 and relevant Circulars issued by the Ministry of Corporate Affairs. The company confirmed that there were no qualifications, reservations or adverse remarks in the Statutory Auditors' Report and Secretarial Auditors' Report for FY ended March 31, 2026.
Additional Proceedings
- Management presentation by Mr. Kamlesh Vadilal Shah on financial and operational performance for FY ended March 31, 2026
- Overview provided of company's key financial and operational highlights, significant developments, and initiatives
- Discussion of strategic priorities, growth plans, and future vision
- No shareholder queries received prior to the meeting
- Six shareholders registered to speak but none were present at the meeting
Meeting Duration
The meeting commenced at 04:30 p.m. and concluded at 05:12 p.m.