Board Meeting Details

The meeting was held at the Registered Office of the Company at 1202, 12th Floor, Esperanza Building, Next to Bank of Baroda, 198, Linking Road, Bandra (West), Mumbai - 400050. The meeting commenced at 12:30 p.m. and concluded at 1:25 p.m.

Board Approvals

1. Approved the Notice of Postal Ballot and calling of Postal Ballot (01-2026) for approval of members of the Company. Authorized Mr. Shobith Ganesh Hegde, Chairman, and Ms. Niki Singh, Company Secretary to finalize and dispatch the notice of Postal Ballot.

2. Approved the Calendar of Events for Postal Ballot with authority to amend.

3. Appointment of M/s Pankaj Trivedi & Company (Mem No. A30512), Practicing Company Secretary as Scrutinizer for monitoring the E-voting process for the Postal Ballot (01/2026) in a fair and transparent manner. Authorized Mr. Shobith Hegde and Ms. Niki Singh, Director/KMP to be responsible for the entire poll process.

4. Took note of the resignation of Ms. Sushmita Swarup Lunkad (DIN: 09044848) as a Director of the Company effective from closing hours of 5th August 2026.

5. Approved shifting of the registered office of the Company within the local limits of the same city from existing place to B-307, Hind Saurashtra Industrial Estate, Sir M. V. Road, Nr. Mittal Estate, J B Nagar, Marol, Andheri (East), Mumbai - 400059, Maharashtra, India.

Director Resignation Details

Ms. Sushmita Swarup Lunkad (DIN: 09044848) resigned from the post of Independent Director of the Company with effect from closing hours of 5th August 2026. The resignation was due to professional and personal preoccupations and commitments. She confirmed that there are no material reasons for her resignation other than those mentioned in her resignation letter.

Required Disclosures

As per Annexure A submitted with SEBI Circular references (CIR/CFD/CMD/4/2015 dated 9th September 2015 and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13 July 2023):

  • Reason for change: Resignation due to professional and personal preoccupations
  • Date of cessation: From the closure of business hours on 5th August 2026
  • Shareholding in the Company: Nil

Documents Enclosed

The filing included:

  • Calendar of Events for Postal Ballot
  • Resignation Letter of Ms. Sushmita Swarup Lunkad (DIN: 09044848)
  • Annexure A with required disclosures