Key Resolutions for Approval

1. Change of Company Name: Change from 'Shree Marutinandan Tubes Limited' to 'Shree Marutinandan Industries Limited' with consequential alteration of Memorandum and Articles of Association.

2. Appointment of Mr. Vikram Shivrattan Sharma (DIN: 06452273) as Chairman & Whole-time Director for 5 years from August 6, 2026 to August 5, 2031, with remuneration approval up to ₹40,00,000 per annum for 3 years.

3. Appointment of Mr. Bharat Shivratan Sharma (DIN: 06466395) as Managing Director for 5 years from August 6, 2026 to August 5, 2031, with remuneration approval up to ₹40,00,000 per annum for 3 years.

Voting Details

  • Cut-off Date: July 31, 2026
  • E-voting Period: August 10, 2026 (9:00 AM IST) to September 8, 2026 (5:00 PM IST)
  • Scrutinizer: M/s. B. S. Vyas & Associates (COP: 26078), Practicing Company Secretaries
  • E-voting Service Provider: Bigshare Services Private Limited
  • Result Declaration: On or before September 10, 2026

Financial Information (Standalone)

  • Paid-up Equity Capital: 34,60,000 equity shares of ₹10 each
  • FY 2025-26 Performance:
  • Total Revenue: ₹14,942.86 lakhs
  • Profit Before Tax: ₹471.20 lakhs
  • Profit After Tax: ₹357.74 lakhs
  • Net Worth: ₹2,551.49 lakhs
  • FY 2024-25 Performance:
  • Total Revenue: ₹11,515.15 lakhs
  • Profit Before Tax: ₹374.25 lakhs
  • Profit After Tax: ₹280.13 lakhs
  • Net Worth: ₹2,193.76 lakhs

Director Shareholding

  • Vikram Shivrattan Sharma: 4,80,000 shares (13.87%)
  • Bharat Shivratan Sharma: 3,60,000 shares (10.40%)

Rationale for Name Change

The company has diversified beyond steel tubes business into fire protection, fire-fighting, safety and security turnkey jobs following EGM approval on March 23, 2024. The new name better reflects the diversified business activities and aligns with group entity "Shree Maruti & Associates Fire Protection Systems" for unified brand identity.

Remuneration Details

Both proposed appointments include remuneration of up to ₹40,00,000 per annum which may be paid as minimum remuneration in case of inadequacy or absence of profits, exceeding Schedule V limits of Companies Act, 2013.

Documents Available for Inspection

  • Name availability letter from ROC
  • Chartered Accountant certificate under Regulation 45(1)
  • Memorandum and Articles of Association
  • Draft appointment agreements with directors