Meeting Details
- Date: Monday, 20th July 2026
- Time: Commenced at 12:30 PM IST and concluded at 1:15 PM IST
- Location: Conducted through Video Conferencing and Other Audio Visual Means (VC)
- Deemed Venue: Works of the Company at Plot No.2, Industrial Phase IX, S.A.S.Nagar (Mohali), Punjab 160062
- Type: 40th Annual General Meeting
Proposed Resolutions and Business Transacted
The following business was transacted at the meeting:
Ordinary Business:
1. Receipt, consideration, and adoption of Audited Financial Statements for the financial year ended 31st March 2026, along with Reports of the Board of Directors and Auditors
2. Declaration of Dividend on Equity Shares
3. Re-appointment of Mr. Puneet Renjhen (DIN: 09498488) as Director who retires by rotation
4. Re-appointment of Mr. Devjit Sarkar (DIN: 10745850) as Director who retires by rotation
Special Business:
5. Ratification of remuneration payable to M/s SDM & Associates, Cost Accountants, as Cost Auditors for the financial year ending 31st March 2027
Voting Process and Methods
- Remote e-voting was facilitated through National Securities Depository Limited (NSDL)
- Voting period: 16th July 2026 to 19th July 2026
- Members participating in the meeting who had not exercised remote e-voting could vote through e-voting facility available during the meeting
Attendance and Participation
- 70 Members were present through Video Conferencing
- Mr. Rajya Vardhan Kanoria, Chairman of the Company, chaired the meeting
- All Directors were present except Mr. Puneet Renjhen
- Chairpersons of all committees (Audit, Nomination and Remuneration, Stakeholders Relationship, Risk Management, and Corporate Social Responsibility) were present
- Key executives, Company Secretary, representatives of statutory auditors, secretarial auditors, and scrutinizer attended
Meeting Proceedings
- The Chairman confirmed requisite quorum was present
- The Notice convening the 40th AGM and Annual Report for FY 2025-26 were taken as read
- The Chairman delivered a speech covering changes at Board level since last AGM, operational performance during FY 2025-26, and CSR initiatives
- Members registered as speakers were offered opportunity to express views and ask questions
- Directors and management team responded to clarifications sought by speakers
Compliance and Documentation
- Conducted in compliance with Companies Act 2013, SEBI LODR Regulations, MCA General Circulars, SEBI Circulars, and Secretarial Standards
- Relevant documents referred in AGM Notice were available for inspection by Members through electronic mode
- This summary does not constitute minutes of the proceedings