Meeting Details

The Thirtieth Annual General Meeting will be held on Thursday, September 3rd, 2026, at 3:00 PM IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The deemed venue is the registered office at B-1101, Express Zone, Western Express Highway, Diagonally Opp. To Oberoi Mall, Malad (East), Mumbai-400 097.

Proposed Resolutions and Implications

Ordinary Business:

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

2. Declaration of Final Dividend of ₹0.20 per equity share of ₹10 each for FY2025-26.

3. Re-appointment of Mrs. Kavita Bhushan Nemlekar (DIN: 02067121) as Non-Executive Director liable to retire by rotation.

Special Business:

4. Re-appointment of Mr. Vineshkumar Singhal (DIN: 08956256) as Non-Executive Independent Director for a second consecutive term of five years from September 28, 2026, to September 27, 2031, through Special Resolution.

Voting Process and Methods

The company provides remote e-voting facility through NSDL as the authorized e-voting agency. The voting period begins on August 31, 2026, at 09:00 AM and ends on September 2, 2026, at 05:00 PM. Members can also vote during the AGM through e-voting if they haven't voted remotely.

Key Dates and Shareholder Information

  • Record Date for dividend: August 28, 2026
  • Register of Members closure: August 28, 2026, to September 3, 2026 (both inclusive)
  • Dividend payment date: On or before October 2, 2026 (if approved)
  • Cut-off date for voting eligibility: August 28, 2026

Scrutinizer Appointment

Mr. Vijay Yadav (Membership No. FCS F11990), Partner of M/s. AVS & Associates, Practicing Company Secretaries, has been appointed as Scrutinizer to scrutinize the e-voting process.

Compliance with Laws and Regulations

The notice confirms compliance with:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circular Nos. 09/2024, 03/2025, 14/2020, 17/2020
  • SEBI Circular No. SEBI/HO/CFD/CFDPoD-2/P/CIR/2024/133 dated October 3, 2024
  • Secretarial Standard-2 on General Meetings

Tax Implications for Dividend

Detailed TDS provisions are provided under Income Tax Act, 2025:

  • Resident shareholders: 10% TDS if PAN registered, 20% if not
  • No TDS if dividend below ₹5,000 annually
  • Mutual Funds: No TDS with proper declaration
  • FII/FPI: Lower of applicable rate or Tax Treaty Rate
  • Insurance Companies: No TDS with proper declaration
  • Non-Resident shareholders: DTAA benefits available with proper documentation

Additional Information

The notice includes extensive instructions for remote e-voting, joining the virtual meeting, updating shareholder details, and procedures for shareholders with unregistered email/mobile numbers. All relevant documents are available for electronic inspection by members.