Meeting Details

  • Date: Friday, June 26, 2026
  • Time: Commenced at 10:30 AM IST, concluded at 11:30 AM IST
  • Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Meeting Type: 33rd Annual General Meeting
  • Legal Basis: Conducted pursuant to MCA General Circular No. 09/2024 dated September 19, 2024, and SEBI Circular No. SEBI/HO/CFD/CFDPoD-2/P/CIR/2024/133 dated October 3, 2024

Attendees and Participants

  • Chairperson: Mr. Ashok Shah, Chairman & CFO
  • Company Secretary: Ms. Rashmi Lakhani, Company Secretary & Compliance Officer
  • Total Shareholders Present: 25 members through VC/OAVM
  • Total Shareholders as of Cut-off Date (June 19, 2026): 2,856
  • Directors Present: Gunvantkumar Tarachand Shah, Kunal Tarachand Shah, Shilpa Mangaldas Patel, Jigar Jagrutkumar Mehta, Altesh Jayantilal Shah, Sanjay Dayalji Kukadia, Saharsh Rajeshbhai Gandhi
  • Auditors Present: Rinkesh Shah (Statutory Auditor, Rinkesh Shah & Co.), Hardik Jetani (Secretarial Auditor, Hardik Jetani & Associates)

Proposed Resolutions

Ordinary Business:

1. Receipt, consideration, and adoption of: (a) Audited Standalone Financial Statements for FY ended March 31, 2026 with Board of Directors and Auditors reports; (b) Audited Consolidated Financial Statements for FY ended March 31, 2026 with Auditors Report

2. Re-appointment of Mr. Kunal Tarachand Shah (DIN: 00254205) who retires by rotation

Special Business:

3. Ratification of remuneration payable to Cost Auditors for financial year ending March 31, 2027

4. Approval of Material Related Party Transaction with TBS Metal Private Limited

5. Approval of Material Related Party Transaction with Suraj Enterprise Private Limited

Voting Process and Methods

  • Remote E-voting: Provided through CDSL platform
  • Voting Window: E-voting portal remained open for 15 minutes post-AGM conclusion
  • Eligibility: Only shareholders holding shares as of cut-off date (June 19, 2026) could participate
  • Scrutinizer Appointment: Mr. Hardik Jetani, Proprietor of M/s Hardik Jetani & Associates, Practicing Company Secretaries, appointed to scrutinize the voting process (both remote e-voting and voting through CDSL at AGM)
  • Compliance: Voting conducted in accordance with Companies Act & SEBI (LODR) Regulations, 2015

Additional Information

  • The Notice of Meeting and Annual Report were made available to all shareholders
  • The Auditors Report on Financial Statements had no qualifications, reservations, observations, adverse remarks, or disclaimer
  • Shareholders were permitted to submit queries via email after AGM proceedings
  • Results of the 33rd AGM will be submitted to Stock Exchanges and placed on company website