Key Event Details

  • AGM Date: Friday, September 25, 2026 at 12:30 PM
  • Meeting Mode: Video Conference (VC) / Other Audio Visual Means (OAVM)
  • Record Date: Friday, September 18, 2026 (for voting eligibility)
  • Remote e-voting period: September 22, 2026 (9:00 AM) to September 24, 2026 (5:00 PM)

Business Items to be Transacted

Ordinary Business:

1. Adoption of Audited Financial Statements for FY ended March 31, 2026 with Directors' and Auditors' reports

2. Re-appointment of Shri Tej Bhan Gupta (DIN: 00106181) who retires by rotation

3. Re-appointment of Dr. (Mrs.) Neeraj Arora (DIN: 07191167) who retires by rotation

Special Business:

4. Special Resolution: Re-appointment of Shri Tej Bhan Gupta as Managing Director for 3 years w.e.f. September 30, 2026

  • Remuneration: ₹40,000 per month salary with no perquisites
  • Age: 85 years, also Managing Director of holding company VLS Capital Ltd.
  • Agreement dated May 21, 2026

5. Ordinary Resolution: Re-appointment of Shri Anupam Mehrotra (DIN: 08608345) as Whole-Time Director (Executive Director) for 3 years w.e.f. September 13, 2026

  • Remuneration: ₹27,985 per month basic salary + ₹18,657 HRA + other benefits
  • Age: 60 years
  • Agreement dated May 21, 2026

6. Ordinary Resolution: Appointment of Shri Rakesh Srivastava (DIN: 00321459) as Independent Director for 5 years w.e.f. August 8, 2026

  • Age: 67 years, retired IAS officer
  • Will receive sitting fees only

Financial Highlights from Annual Report (FY 2025-26)

  • Total Income: ₹71.60 lakh (Previous year: ₹67.90 lakh)
  • Net Loss: ₹15.30 lakh (Previous year: ₹333.53 lakh)
  • EPS: (₹0.38) per share (Previous year: (₹8.34))
  • Paid-up Capital: ₹399.91 lakh (40,00,000 equity shares of ₹10 each)
  • Reserves: Negative ₹72.72 lakh (Previous year: Negative ₹57.76 lakh)

Key Operational Updates

  • Amusement park at Kanpur closed permanently since August 2024
  • Trading segment (earthing and lightning protection systems) generated revenue of ₹36.05 lakh
  • Company has 4 employees as of March 31, 2026
  • No dividend declared due to losses

Director Details

Shri Tej Bhan Gupta: Holds 2 equity shares (negligible percentage), total remuneration ₹4.80 lakh

Shri Anupam Mehrotra: Holds no shares, total remuneration ₹5.60 lakh

Dr. (Mrs.) Neeraj Arora: Holds no shares, received sitting fees of ₹0.58 lakh

Important Dates

  • Record Date: September 18, 2026
  • Remote e-voting: September 22-24, 2026
  • AGM Date: September 25, 2026
  • Question submission period: September 19-22, 2026

Additional Information

  • Corporate Office: 90, Okhla Industrial Estate Phase-III, New Delhi-110020
  • Registrar & Transfer Agent: RCMC Share Registry Pvt. Ltd., New Delhi
  • Auditors: M/s. Agiwal & Associates, Chartered Accountants
  • Secretarial Auditor: M/s. A Aggarwal & Associates, Company Secretaries

Voting Instructions

  • Members can vote remotely via NSDL e-voting system or during AGM
  • Members holding shares as on record date only eligible to vote
  • Detailed voting instructions provided in the notice

Document Availability

  • Notice and Annual Report available on company website: www.sael.co.in
  • Also available on BSE website (www.bseindia.com) and NSDL website (www.evoting.nsdl.com)