Meeting Details

The 33rd Annual General Meeting will be held on Friday, 21st August, 2026 at 01:00 P.M. IST through Video Conferencing/Other Audio-Visual Means.

Ordinary Business Agenda

Item 1: Adoption of Financial Statements

To receive, consider and adopt the Audited Standalone Financial Statements for the financial year ended 31st March, 2026 together with Reports of Board of Directors and Statutory Auditors.

Item 2: Re-appointment of Director

To appoint Mr. Hanissh Kanakraj Jaain (DIN: 05263777) who retires by rotation and offers himself for re-appointment.

Special Business Agenda

Item 3: Appointment of Director

Appointment of Mr. Hanissh Kanakraj Jaain (DIN: 05263777) as Director, liable to retire by rotation. He was appointed as Additional Director effective 24th October, 2025.

Item 4: Appointment of Director

Appointment of Mr. Amit Lalit Jain (DIN: 05263766) as Director, liable to retire by rotation. He was appointed as Additional Director effective 24th October, 2025.

Item 5: Change in Designation

Change in designation of Mr. Amit Lalit Jain (DIN: 05263766) from Director to Managing Director effective from 24th October, 2025 up to 23rd October, 2030.

Item 6: Appointment of Independent Director

Appointment of Mr. Ashish Bakliwal (DIN: 05149608) as Non-Executive Independent Director for five years from 24th October, 2025 to 23rd October, 2030.

Item 7: Appointment of Independent Director

Appointment of Mrs. Madhuri Toshniwal (DIN: 11345300) as Non-Executive Independent Director for five years from 24th October, 2025 to 23rd October, 2030.

Item 8: Change of Company Name

Change of name from 'SHENTRACON CHEMICALS LIMITED' to 'MIDAAS FASHIONS LIMITED' with consequent alteration of Memorandum of Association Clause 1.

Item 9: Shifting of Registered Office

Shifting of Registered Office from State of West Bengal to State of Maharashtra with alteration of Memorandum of Association Clause 2, subject to Regional Director approval.

Item 10: Alteration of Object Clause

Complete alteration of Object Clause (Clause III(A)) to reflect new business focus on jewelry retail, fashion accessories, and e-commerce platforms. Adoption of new Memorandum of Association as per Companies Act, 2013 format.

Item 11: Sub-Division of Equity Shares

Sub-division of each Equity Share of face value ₹10 into 2 Equity Shares of face value ₹5 each. Post-subdivision authorized equity share capital: 1,02,00,000 shares of ₹5 each totaling ₹5,10,00,000. Issued, subscribed and paid-up equity share capital: 88,76,286 shares of ₹5 each totaling ₹4,43,81,430.

Item 12: Reclassification of Preference Share Capital

Reclassification of Cumulative Non-Convertible Redeemable Preference Shares without change in total authorized preference share capital. Authorized preference share capital: 12,80,000 shares of ₹50 each totaling ₹6,40,00,000. Issued, subscribed and paid-up preference share capital: 6,06,000 shares of ₹50 each totaling ₹3,03,00,000. Total authorized share capital restructured to ₹11,50,00,000.

Item 13: Section 186 Approval

Approval for making loans, investments, giving guarantees and providing securities up to aggregate limit of ₹50,00,00,000 (Fifty Crores) exceeding 60% of paid-up share capital, free reserves and securities premium account.

Item 14: Section 185 Approval

Approval for granting loans, giving guarantees or providing securities to directors or persons in whom directors are interested up to ₹50,00,00,000 (Fifty Crores).

Director Shareholdings

  • Mr. Hanissh Kanakraj Jaain: 11,58,671 shares (26.11%)
  • Mr. Amit Lalit Jain: 11,58,672 shares (26.11%)
  • Mr. Ashish Bakliwal: Nil
  • Mrs. Madhuri Toshniwal: Nil

Voting Arrangements

Remote e-voting period: 18th August, 2026 (9:00 AM) to 20th August, 2026 (5:00 PM) through CDSL. Cut-off date for voting rights: 14th August, 2026.