Meeting Details

  • Trading Symbol: STYLAMIND
  • Meeting Date: Friday, August 28, 2026
  • Meeting Time: 11:30 A.M. (IST)
  • Meeting Type: 35th Annual General Meeting
  • Meeting Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Deemed Venue: Registered Office at SCO 14, Sector 7-C, Chandigarh - 160009, India

Proposed Resolutions and Implications

Ordinary Business

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

2. Appointment of Director: To appoint Mr. Manit Gupta (DIN: 00889528), who retires by rotation, as Director of the Company.

Special Business

3. Appointment of Independent Director: To appoint Mr. Tirloki Nath Singla (DIN: 00182154) as Non-Executive Independent Director for 5 years from June 17, 2026 to June 16, 2031.

4. Amendment of Articles of Association: To approve amendment and restatement of Articles of Association to incorporate special rights granted to Aica Kogyo Company, Limited in accordance with Regulation 31B of SEBI LODR Regulations, including board nomination rights, quorum requirements, and information disclosure rights.

5. Appointment of Whole-time Director: To appoint Mr. Naruhiro Amada (DIN: 09591668) as Whole-time Director for 5 years from June 17, 2026 to June 16, 2031 at remuneration of ₹39.60 lakh per annum plus allowances.

6-11. Appointment of Non-Executive Directors: To appoint six directors nominated by Aica Kogyo as Non-Executive Directors for 5 years from June 17, 2026 to June 16, 2031:

  • Mr. Kenji Ebihara (DIN: 11768665)
  • Mr. Nobuyuki Omura (DIN: 11056785)
  • Mr. Yuji Iwatsuka (DIN: 08251732)
  • Mr. Koshi Suzuki (DIN: 11768663)
  • Mr. Makoto Tanaka (DIN: 11764640)
  • Mr. Adisak Thiaphairat (DIN: 11765458)

12. Increase in Managerial Remuneration: To increase remuneration of Mr. Jagdish Gupta (DIN: 00115113), Managing Director, to ₹420.00 lakhs per annum effective from June 17, 2026.

13. Continuation of Managing Director: To approve continuation of Mr. Jagdish Gupta as Managing Director after attaining age of 70 years.

14. Increase in Managerial Remuneration: To increase remuneration of Mr. Manit Gupta (DIN: 00889528), Whole-time Director, to ₹420.00 lakhs per annum effective from June 17, 2026.

15. Re-appointment of Whole-time Director: To re-appoint Mr. Manit Gupta as Whole-time Director for 5 years from January 28, 2027 to January 27, 2032 at remuneration of ₹420.00 lakhs per annum.

Voting Process and Methods

The Company is providing facility for voting by electronic means in accordance with Section 108 of Companies Act, 2013 and Regulation 44 of SEBI LODR Regulations:

  • Remote E-voting Period: Tuesday, August 25, 2026 (09:00 A.M.) to Thursday, August 27, 2026 (5:00 P.M.)
  • Cut-off Date: Friday, August 21, 2026 for determining shareholders eligible to vote
  • E-voting Service Provider: MUFG Intime India Private Limited
  • Voting Methods:
  • Individual shareholders holding securities in demat mode can vote through NSDL or CDSL platforms
  • Shareholders holding physical shares/Non-Individual shareholders can vote through InstaVote platform
  • E-voting during AGM for those who haven't voted remotely

Key Voting Arrangements

  • Scrutinizer Appointment: Mr. Sanjiv Kumar Goel, Practicing Company Secretary (Membership No. FCS 2107, CP No. 1248) appointed as Scrutinizer
  • Result Declaration: Scrutinizer to submit report within 2 working days of meeting conclusion, results to be declared by Chairman and placed on company website
  • Voting Restrictions: Members who vote remotely cannot vote again during AGM

Shareholder Participation Details

  • Physical Attendance: Dispensed with due to virtual meeting
  • Proxy Facility: Not available for virtual AGM
  • Authorized Representatives: Body corporates can appoint authorized representatives to attend through VC/OAVM
  • Attendance Quorum: Attendance through VC/OAVM counted for quorum under Section 103 of Companies Act, 2013
  • Participation Limit: Facility available for 1000 members on first-come-first-served basis, excluding large shareholders (2%+ holding), promoters, institutions, directors, KMP, committee chairpersons, auditors

Compliance with Laws and Regulations

The AGM is being conducted in compliance with:

  • Ministry of Corporate Affairs Circulars dated April 8, 2020, April 13, 2020, May 5, 2020, January 13, 2021, December 8, 2021, May 5, 2022, December 28, 2022, September 25, 2023, September 19, 2024 and September 22, 2025
  • Companies Act, 2013 provisions
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standard on General Meetings (SS-2)

Document Distribution and Availability

  • Electronic Distribution: Notice and Annual Report sent to members with registered email addresses as on July 24, 2026
  • Physical Communication: Sent to members without updated email addresses containing website links
  • Website Availability: Notice available on company website (www.stylam.com) and stock exchange websites (BSE and NSE)
  • Physical Copies: Available on request by emailing cs@stylam.com

Register Closure Period

The Register of Members and Share Transfer Register will remain closed from Saturday, August 22, 2026 to Friday, August 28, 2026 (both days inclusive).

KYC Requirements for Physical Shareholders

SEBI Master Circular dated February 06, 2026 mandates physical shareholders to provide:

  • PAN details
  • Nomination or Opt-Out declaration
  • Contact details including address, mobile number, email
  • Bank account details
  • Specimen signature

Folios without valid PAN, KYC details and nomination will be frozen.

Additional Information

  • Explanatory Statement pursuant to Section 102 of Companies Act, 2013 provided for special business items
  • Detailed profiles of directors seeking appointment provided in Annexure I
  • Recorded transcript of AGM will be made available on company website post-meeting
  • SMART ODR Portal available for investor dispute resolution after exhausting Company/RTA and SCORES options