Meeting Details

The 39th Annual General Meeting was held on Wednesday, 23rd September, 2026 through Video Conferencing/Other Audio-Visual Means. The meeting commenced at 12:02 P.M. and concluded at 12:10 P.M., lasting 8 minutes.

Attendance Details

Twenty-four members were present in person or through representatives for body corporates. All five directors of the company attended the meeting:

  • Mr. Sanjay Gadodia (DIN: 00203433), Chairman, Whole Time Director and Chief Executive Officer
  • Mr. Danny Hansotia (DIN: 00203497), Managing Director and Chief Financial Officer
  • Mr. Sashikant Newatia (DIN: 08793440), Independent Director and Chairman of Audit Committee (attended as per Regulation 18(1)(d) of SEBI LODR)
  • Mrs. Anita Koti (DIN: 08069112), Independent Director and Chairperson of Stakeholders Relationship Committee (attended as per Regulation 20(3) of SEBI LODR)
  • Mr. Dilip Pawar (DIN: 09279715), Independent Director and Chairman of Nomination and Remuneration Committee (attended as per Regulation 19(3) of SEBI LODR)

Other attendees included:

  • Mr. Bhavesh Dolar, Internal Auditor of the Company
  • Mr. Abhilash Darda, Partner of M/s. A. K. Kocchar & Associates, Chartered Accountant (Statutory Auditors), present as required under Section 146 of the Companies Act, 2013
  • Mr. Kunal Sakpal, Designated Partner of M/s. HSPN & Associates LLP, Practicing Company Secretaries (served as Scrutinizer and Secretarial Auditor)

Meeting Proceedings

Mr. Sanjay Gadodia confirmed requisite quorum was present as per Section 103 of the Companies Act, 2013. He addressed members with an overview of the financial performance for the financial year ended 31st March, 2026, along with notable developments and future prospects of the company.

The Annual Report containing the Notice, Directors Report and Annual Accounts was taken as read. The statutory auditors' reports on financial statements contained no qualifications or adverse remarks. The Secretarial Audit Report contained no observations.

Voting Process

The company provided remote e-voting facility from Sunday, 20th September, 2026 (9:00 A.M.) to Tuesday, 22nd September, 2026 (5:00 P.M.). Electronic voting system was also available during the meeting for members who had not cast votes by remote e-voting.

Resolutions Considered

The following five resolutions were put for shareholders' approval:

1. Ordinary Resolution: To receive, consider and adopt the Audited Standalone Financial Statements for the financial year ended 31st March, 2026, together with Reports of Board of Directors and Auditors

2. Special Resolution: To Re-appoint Mr. Dilip Pawar (DIN: 09279715) as a Non-Executive Independent Director for the Second Term

3. Special Resolution: To Re-appoint Mr. Danny Hansotia (DIN: 00203497) as a Managing Director of Company

4. Ordinary Resolution: To appoint Mr. Anil Krushnadas Parekh (DIN: 07032496) as Director – Regularisation of Additional Director

5. Special Resolution: To appoint Mr. Anil Krushnadas Parekh (DIN: 07032496) as a Wholetime Director of the Company

Results Announcement

The combined results of remote e-voting and e-voting at the meeting will be announced to the Stock Exchanges on or before 25th September, 2026. All businesses mentioned in the Notice were duly transacted.