Meeting Details

  • Date: Wednesday, 12th August, 2026
  • Time: 11:00 a.m.
  • Location: Registered Office of the Company at Village Bholapur, P.O. Sahabana, Chandigarh Road, Ludhiana - 141123 (Punjab)
  • Type: Annual General Meeting (AGM)

Summary of Proposed Resolutions

Ordinary Business

1. Item 1: To receive, consider, and adopt the Audited Financial Statements for the year ended 31st March 2026 and the Reports of the Board of Directors and Auditors.

2. Item 2: To declare a final dividend of ₹1.50 per equity share for the financial year ended 31st March 2026.

3. Item 3: To appoint a director in place of Mr. Kunal Oswal (DIN: 00004184), who retires by rotation.

4. Item 4: To ratify the remuneration of ₹75,000/- plus GST and out-of-pocket expenses payable to M/s. Rajan Sabharwal and Associates (Firm Registration No. 101961) as Cost Auditors for FY 2026-27.

Special Business

5. Item 5: To re-appoint Mr. Kunal Oswal (DIN: 00004184) as Whole-time Director for three years from 1st August 2026 to 31st July 2029.

  • Proposed monthly salary: ₹4,90,000
  • Entitled to perquisites including utility reimbursements (max ₹1,50,000 p.a.), medical reimbursement, LTC, car, telephone, and insurance.
  • Eligible for minimum remuneration if company profits are inadequate.

6. Item 6: To re-appoint Mr. Rajneesh Oswal (DIN: 00002668) as Chairman & Managing Director for three years from 1st September 2026 to 31st August 2029.

  • Proposed monthly salary: ₹41,47,500
  • Entitled to commission up to 3% of net profit, plus similar perquisites as Mr. Kunal Oswal.
  • Eligible for minimum remuneration if company profits are inadequate.

7. Item 7: To re-appoint Mr. Vishal Oswal (DIN: 00002678) as Vice-Chairman & Managing Director for three years from 1st September 2026 to 31st August 2029.

  • Proposed monthly salary: ₹41,48,500
  • Entitled to commission up to 3% of net profit, plus similar perquisites.
  • Eligible for minimum remuneration if company profits are inadequate.

Voting Process and Methods

The company will provide a remote e-voting facility as mandated by SEBI.

  • Scrutinizer: M/s P.S. Bathla & Associates, Company Secretaries, Ludhiana.
  • Voting Period: 8th August 2026 (9:00 A.M.) to 11th August 2026 (5:00 P.M.)
  • Cut-off Date (Record Date): 5th August 2026
  • Methods:
  • Demat Shareholders (Individual): Can vote through their Depository Participants (DPs) or via the websites of CDSL (www.cdslindia.com) or NSDL (https://eservices.nsdl.com or https://www.evoting.nsdl.com/).
  • Physical Shareholders & Non-Individual Shareholders: Must vote via the CDSL e-Voting platform (www.evotingindia.com) using their Folio Number.
  • Meeting Venue Voting: A ballot paper facility will be available at the AGM for shareholders who have not voted remotely.

Key Voting Outcomes and Participation

  • The results of the voting will be declared within two working days after the conclusion of the AGM.
  • The scrutinizer will submit a report to the Chairman after unblocking votes in the presence of two witnesses.
  • The results and the scrutinizer's report will be placed on the company's website (www.shreyansgroup.com) and communicated to the stock exchanges (BSE: Code 516015, NSE: Code SHREYANIND).

Compliance Confirmation

The notice confirms compliance with:

  • The Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • The notice and annual report are being sent electronically in compliance with MCA and SEBI circulars.
  • The Register of Members and Share Transfer Books will be closed from 6th August 2026 to 12th August 2026 (both days inclusive).
  • Dividend, if declared, will be paid within 30 days to members on the register as of 5th August 2026.

Additional Financial Information

  • The explanatory statement includes the company's financial performance for context regarding director remuneration:
  • FY 2026: Total Revenue: ₹63,425.09 lakhs, Net Profit after Tax: ₹646.78 lakhs
  • FY 2025: Total Revenue: ₹63,457.70 lakhs, Net Profit after Tax: ₹5,060.15 lakhs
  • Past remuneration drawn by the directors seeking re-appointment was also disclosed.
  • The company is engaged in manufacturing writing and printing paper from agricultural residues and commenced production in May 1982.