Meeting Details
- Date: Thursday, August 13, 2026
- Time: 11:00 A.M. to 12:20 P.M.
- Location: Conducted through video conferencing
- Type of Meeting: 35th Annual General Meeting
- Chairperson: Mr. Mukesh Kumar Aggarwal, Managing Director
Proposed Resolutions
The following 11 resolutions were proposed for shareholder approval:
Ordinary Business
1. Receipt, consideration, and adoption of Audited Financial Statements for financial year ended March 31, 2026, along with reports of Board of Directors and Auditors
2. Re-appointment of Mrs. Shashi Agarwal (DIN: 06687549) who retires by rotation
3. Appointment of M/s Raghu Nath Rai and Co., Chartered Accountants as Statutory Auditors of the Company
Special Business
4. Maintenance of borrowing limit under Section 180(1)(c) of Companies Act, 2013 (Special Resolution)
5. Approval for Material Related Party Transaction (Ordinary Resolution)
6. Making investments/extending loans and giving guarantees or providing securities in connection with loans to persons/bodies corporate under Section 186 of Companies Act, 2013 (Special Resolution)
7. Loans, Investments, Guarantee or Security under Section 185 of Companies Act, 2013 (Special Resolution)
8. Re-appointment of Mr. Mukesh Kumar Aggarwal (DIN: 00231651) as Managing Director of the Company (Special Resolution)
9. Appointment of Mr. Sudeepta Ranjan Rout (DIN: 05106254) as Independent Director (Special Resolution)
10. Appointment of Mr. Varun Bansal (DIN: 09233433) as Independent Director (Special Resolution)
11. Appointment of Mr. Vikash Jalan (DIN: 09234205) as Independent Director (Special Resolution)
Voting Process
- Remote e-voting: Conducted through portal of M/s Kfin Technologies Limited (Kfintech)
- Remote voting period: Sunday, August 9, 2026 (10:00 A.M.) to Wednesday, August 12, 2026 (5:00 P.M.)
- E-voting during AGM: Provided for members who did not cast votes through remote e-voting
- Scrutinizer: Mr. Sachin Agarwal, Company Secretary in practice, Partner of M/s Agarwal S. & Associates
- Alternate Scrutinizer: Mrs. Shweta Jain, Company Secretary in practice, Partner of M/s Agarwal S. & Associates
- Post-meeting voting: Facility remained open for 15 minutes after conclusion of meeting
Key Meeting Proceedings
- Quorum requirements under Companies Act were present throughout the meeting
- Chairman highlighted company performance for FY 2025-26 and opportunities/threats in textile industry
- Company Secretary welcomed Members, Directors, Statutory Auditors, Secretarial Auditor, and Scrutinizer
- Shareholders who registered as speakers in advance were invited to share views and ask questions
- Chairman, Directors, and Senior Executives responded to queries and clarifications
- Results of remote e-voting and voting at AGM to be notified to Stock Exchanges and hosted on company website within 2 working days
Compliance Confirmation
The meeting was confirmed to be called, convened, held, and conducted in compliance with:
- Companies Act, 2013 and rules thereunder
- SEBI (LODR) Regulations, 2015
- Secretarial Standards on General Meetings issued by Institute of Company Secretaries of India
- Various circulars issued by Ministry of Corporate Affairs and SEBI