Board Meeting Details
The 4th meeting of the Board of Directors is scheduled for Wednesday, 2nd September 2026 at 1:00 p.m. at the Registered Office of the Company at Kemri Road, Rampur, Bilaspur-244921, Uttar Pradesh, India. Directors may participate through Video Conferencing/Other Audio Visual Means via Google Meet or other permitted electronic platforms.
Key Agenda Items and Resolutions
Annual Report Approval
- To consider and approve the Board's Report along with its Annexures for the Financial Year ended March 31, 2026
- Prepared pursuant to Section 134 of Companies Act, 2013 and Regulation 34 of SEBI LODR Regulations
- Includes Management Discussion and Analysis Report and Secretarial Audit Report
- Authorization given to Ashish Goel (Managing Director) and Rohit Gupta (Whole Time Director) to sign the Board's Report
- Ms. Swati Vaish, Company Secretary directed to issue and dispatch the approved report
13th Annual General Meeting Arrangements
- To convene the 13th AGM on Wednesday, 30th September 2026 at 1:00 P.M. IST through Video Conferencing/OAVM
- Cut-off date for determining member eligibility fixed as Wednesday, 23rd September 2026
- Remote E-voting period: Sunday, 27 September 2026 at 9:00 A.M. to Tuesday, 29 September 2026 at 5:00 P.M.
- CDSL appointed as E-voting agency for remote e-voting and voting during AGM
- CS Manoj Kumar Agarwal of M. Agarwal & Associates appointed as Scrutinizer
Director Re-appointment
- Vishal Goel (DIN: 01084706), Whole Time Director, retires by rotation and offers himself for re-appointment
- Board recommends his re-appointment for shareholder approval at AGM
Related Party Transaction Limits
- Enhancement of transaction limit with M/s Unity Enterprises (Proprietorship firm of Mr. Rohit Gupta) to ₹20,00,00,000 (Twenty Crore) for FY 2026-27
- Enhancement of transaction limit with M/s Golden Pearl Oil Products LLP (Wholly Owned Subsidiary) to ₹20,00,00,000 (Twenty Crore) for FY 2026-27
- Both enhancements subject to Audit Committee recommendation and shareholder approval at AGM
- Previous approved limit was ₹6.60 Crores
Managerial Remuneration
- Recommendation for payment/continuation of managerial remuneration to:
- Mr. Ashish Goel (DIN: 01084671), Managing Director for FY 2026-27
- Mr. Rohit Gupta (DIN: 07821110), Whole Time Director for FY 2026-27
- Mrs. Rashika Gupta (DIN: 06678088), Director for FY 2026-27
- All remuneration proposals subject to shareholder approval at AGM
- Based on recommendation of Nomination and Remuneration Committee
Authorization and Compliance
- Ms. Swati Vaish, Company Secretary & Compliance Officer authorized for various compliance activities
- Directors authorized to sign documents and file necessary forms with Registrar of Companies
- Required disclosures to be made to Stock Exchanges under Regulation 30 of SEBI LODR
Financial Impact
Related party transaction enhancements represent significant increase from previous ₹6.60 Crore limit to ₹20 Crore limit for each entity. Specific financial impact of managerial remuneration not quantified in disclosure.