Meeting Details

The 35th Annual General Meeting was held on Wednesday, 17th June 2026 at 12:30 PM through Video Conferencing. Cut-off date for determining members entitled to vote was Wednesday, 10th June 2026.

Voting Participation

  • Total shareholders present through Video Conferencing: 34 (all from Public category)
  • Promoters and Promoter Group: 0 attendees through VC
  • Total shares outstanding: 3,44,70,000
  • Total votes polled: 2,24,05,789 shares (65.00% of outstanding shares)
  • Total members who voted through e-voting system: 83

Resolution Details

Resolution 1: Adoption of Audited Financial Statements (Ordinary Resolution)

  • To receive, consider and adopt Audited Financial Statements for year ended 31st March 2026 with Reports of Board of Directors and Statutory Auditors
  • Promoters not interested in this resolution
  • Promoter voting: 2,20,88,500 shares voted (100% of held shares), all in favor
  • Public Non-Institutions: 3,17,289 shares voted (2.56% of held shares), 3,17,286 in favor, 3 against
  • Total votes: 2,24,05,789 shares, 2,24,05,786 in favor (99.99999%), 3 against (0.00001%)
  • Result: Passed with requisite majority

Resolution 2: Re-appointment of Director (Ordinary Resolution)

  • To appoint Mr. Ravi Sanjay Jogi (DIN: 06646110) who retires by rotation
  • Promoters not interested in this resolution
  • Promoter voting: 2,20,88,500 shares voted (100% of held shares), all in favor
  • Public Non-Institutions: 3,17,289 shares voted (2.56% of held shares), 3,17,286 in favor, 3 against
  • Total votes: 2,24,05,789 shares, 2,24,05,786 in favor (99.99999%), 3 against (0.00001%)
  • Result: Passed with requisite majority

Resolution 3: Ratification of Cost Auditor Remuneration (Ordinary Resolution)

  • To ratify remuneration payable to Cost Auditor for financial year 2026-2027
  • Voting pattern identical to Resolutions 1 & 2
  • Result: Passed with requisite majority

Resolution 4: Increase in Authorized Share Capital (Ordinary Resolution)

  • To increase Authorized Share Capital and alteration of Capital Clause of Memorandum of Association
  • Promoters not interested in this resolution
  • Promoter voting: 2,20,88,500 shares voted (100% of held shares), all in favor
  • Public Non-Institutions: 3,17,289 shares voted (2.56% of held shares), 3,17,286 in favor, 3 against
  • Total votes: 2,24,05,789 shares, 2,24,05,786 in favor (99.99999%), 3 against (0.00001%)
  • Result: Passed with requisite majority

Resolution 5: Amendment to MOA Object Clause (Special Resolution)

  • To approve amendment in the Main Object Clause of the Memorandum of Association
  • Promoters not interested in this resolution
  • Voting pattern identical to previous resolutions
  • Result: Passed with requisite majority

Resolution 6: Transactions under Section 185 (Special Resolution)

  • To approve transactions under Section 185 of the Companies Act, 2013
  • Voting pattern identical to previous resolutions
  • Result: Passed with requisite majority

Resolution 7: Material Related Party Transaction (Ordinary Resolution)

  • To approve Material Related Party Transaction(s) with M/s. Vinayak Clothings Private Limited
  • Promoters ARE interested in this resolution
  • Promoter and Promoter Group: 0 shares voted (abstained due to interest)
  • Public Institutions: 0 shares voted
  • Public Non-Institutions: 3,16,988 shares voted (2.56% of held shares), 3,16,985 in favor, 3 against
  • Total votes: 3,16,988 shares (0.92% of outstanding shares), 3,16,985 in favor (99.999%), 3 against (0.001%)
  • Invalid/Abstained votes: 1,201
  • Result: Passed with requisite majority

Scrutinizer Appointment and Process

  • Mr. Dipesh Gosar of Dipesh Gosar & Co., Practicing Company Secretary was appointed as Scrutinizer at Board meeting held on 27th April 2026
  • E-voting period: 14th June 2026 (10:00 AM) to 16th June 2026 (5:00 PM)
  • E-voting facility provided by National Securities Depository Limited (NSDL)
  • Votes unblocked on 17th June 2026 at 2:30 PM
  • AGM Notice dated 15th May 2026 was sent by email to members whose email IDs were available
  • Advertisement published on 21st May 2026 in Business Standard (English) and Prathkal (Marathi) newspapers

Compliance Officers

  • Meena A. Agal, Chief Financial Officer cum Company Secretary & Compliance Officer (ACS-24196)
  • Scrutinizer Report prepared by Dipesh U. Gosar, Proprietor of Dipesh Gosar & Co. (Membership No.: A23755)