Meeting Details

The 25th Annual General Meeting was held on Wednesday, 30th September 2026 through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting commenced at 11:30 A.M. and concluded at 11:45 A.M. The registered office of the Company at Plot No-192, Sector-1, Pithampur Dhar, Madhya Pradesh, India, 454775 was deemed as the venue for the AGM.

Attendance

Directors Present:

  • Mr. Binod Kumar Agarwal (Chairman & Managing Director)
  • Mrs. Anubha Mishra (Director)
  • Mr. Srikanta Barik (Executive Director)
  • Mr. Amit Bajaj (Non-Executive Director)
  • Mrs. Ruchi Joshi Meratia (Independent Director)
  • Mr. Palash Jain (Independent Director)

Officers Present:

  • Mr. Praveen Raj Jain (Chief Financial Officer)
  • Mrs. Rishika Singhai (Company Secretary & Compliance Officer)

Special Invitees:

  • CS Burhanuddin Maksi Wala (Scrutinizer for E-Voting, Practicing Company Secretary)
  • Mr. Harsh Firoda, M/s MS Dahiya & Co. (Statutory Auditors)

Meeting Proceedings

The meeting was conducted in compliance with the Companies Act, 2013, Secretarial Standard on General Meeting (SS-2), MCA Circulars dated 5th May 2020, 8th April 2020 and 13th April 2020, and SEBI Circulars dated May 12, 2020, January 15, 2021, May 13, 2022, January 5, 2023, October 7, 2023 and October 3, 2024.

The Chairman, Mr. Binod Kumar Agarwal, delivered a speech covering the overall and segmental financial and operational performance of the Company for the Financial Year ended 31st March 2026.

Electronic copies of the Annual Report for financial year 2025-26 were sent to all members whose email IDs were registered with the Company or Depository Participant(s).

Voting Details

E-voting facility was provided through CDSL from Sunday, 27th September 2026 at 09:00 A.M. (IST) to Tuesday, 29th September 2026 at 05:00 P.M. (IST). M/s B Maksi Wala & Associates, Practicing Company Secretary, Indore was appointed as the Scrutinizer to scrutinize the e-voting process.

Resolutions and Voting Results

Item 1: Adoption of Audited Financial Statements

  • Resolution: Ordinary
  • Promoter Interest: No
  • Result: PASSED
  • Promoter & Promoter Group: 5,33,67,490 shares voted (100% of holdings), 100% in favor
  • Public Non-Institutions: 48,22,588 shares voted (17.10% of holdings), 99.99% in favor, 0.01% against

Item 2: Re-appointment of Mrs. Anubha Mishra

  • Resolution: Ordinary
  • Promoter Interest: No
  • Result: PASSED
  • Promoter & Promoter Group: 5,33,67,490 shares voted (100% of holdings), 100% in favor
  • Public Non-Institutions: 48,22,588 shares voted (17.10% of holdings), 99.98% in favor, 0.02% against

Item 3: Ratification of Cost Auditor Remuneration

  • Resolution: Ordinary
  • Promoter Interest: No
  • Result: PASSED
  • Amount: ₹1,50,000/- plus applicable taxes and reimbursement of out of pocket expenses
  • Auditor: M/s. Dhananjay V. Joshi & Associates, Cost Accountants (Firm Registration No. 000030)
  • Promoter & Promoter Group: 5,33,67,490 shares voted (100% of holdings), 100% in favor
  • Public Non-Institutions: 48,22,588 shares voted (17.10% of holdings), 99.98% in favor, 0.02% against

Item 4: Related Party Transactions with Shree Tirupati Balajee FIBC Limited

  • Resolution: Ordinary
  • Promoter Interest: Yes
  • Result: PASSED
  • Promoter & Promoter Group: 0 shares voted (abstained due to interest)
  • Public Non-Institutions: 48,17,488 shares voted (17.08% of holdings), 99.98% in favor, 0.02% against

Item 5: Related Party Transactions with Jagannath Plastics Private Limited

  • Resolution: Ordinary
  • Promoter Interest: Yes
  • Result: PASSED
  • Promoter & Promoter Group: 0 shares voted (abstained due to interest)
  • Public Non-Institutions: 48,22,588 shares voted (17.10% of holdings), 99.98% in favor, 0.02% against

Item 6: Related Party Transactions with Ever Bags Packaging Private Limited

  • Resolution: Ordinary
  • Promoter Interest: Yes
  • Result: PASSED
  • Promoter & Promoter Group: 0 shares voted (abstained due to interest)
  • Public Non-Institutions: 48,22,588 shares voted (17.10% of holdings), 99.98% in favor, 0.02% against

Item 7: Related Party Transactions with Stable Textile Private Limited

  • Resolution: Ordinary
  • Promoter Interest: Yes
  • Result: PASSED
  • Promoter & Promoter Group: 0 shares voted (abstained due to interest)
  • Public Non-Institutions: 48,22,588 shares voted (17.10% of holdings), 99.98% in favor, 0.02% against

Item 8: Related Party Transactions with AON Textiles Private Limited

  • Resolution: Ordinary
  • Promoter Interest: Yes
  • Result: PASSED
  • Promoter & Promoter Group: 0 shares voted (abstained due to interest)
  • Public Non-Institutions: 48,22,588 shares voted (17.10% of holdings), 99.98% in favor, 0.02% against

Shareholding Pattern

Total outstanding shares: 8,15,70,852

  • Promoter & Promoter Group: 5,33,67,490 shares (65.42%)
  • Public Institutions: 0 shares (0%)
  • Public Non-Institutions: 2,82,03,362 shares (34.58%)

Statutory Registers Available for Inspection

The following documents were available for electronic inspection by members throughout the meeting:

  • Register of Directors and Key Managerial Personnel and their shareholding
  • Register of Members
  • Share Transfer Book
  • Register of Contracts or Agreements in which Directors are interested
  • Audited Standalone and Consolidated Financial Statements for FY2026
  • Independent Auditor's Reports
  • Secretarial Audit Report
  • Memorandum and Articles of Association

No request for inspection was received from any member.

Conclusion

The meeting was concluded at 11:45 A.M. on 30th September 2026 with a vote of thanks to the chairman. The minutes were recorded in the Minute Book of the General Meeting on 05th October 2026 and signed by Mr. Binod Kumar Agarwal, Chairman of the Meeting & Managing Director.