Meeting Details

The 34th Annual General Meeting was held on Thursday, 25th June 2026, commencing at 12:30 PM IST and concluding at 01:10 PM IST.

The meeting was conducted through Video Conference (VC) / Other Audio-Visual Means (OAVM) without the physical presence of members at a common venue, in accordance with circulars issued by the Ministry of Corporate Affairs and SEBI. The registered office of the company was deemed the venue.

Total members as of the cut-off date (18th June 2026): 5,117.

Members present: 56 attended through VC/OAVM.

Attendees

Directors & Key Managerial Personnel Present:

  • Mr. Sunil Nyati - Chairman and Managing Director
  • Mr. Parth Nyati - CEO and Whole Time Director
  • Mrs. Anita Nyati - Whole Time Director
  • Mr. Chandrashekhar Bobra - Non-Executive Independent Director, Chairperson of Audit, NRC and SRC Committee
  • Mr. Gyan Chand Jain - Non-Executive Independent Director
  • Mr. Mahendra Kumar Sharma - Chief Financial Officer
  • Ms. Shikha Agrawal - Company Secretary & Compliance Officer

Absent with Leave of Absence:

  • Mr. Anshul Agrawal - Non-Executive Independent Director
  • Mr. Tarun Kumar Baldua - Non-Executive Independent Director

Other Attendees:

The Statutory Auditors, Secretarial Auditors, and Scrutinizer Auditor were also present through VC/OAVM.

Proceedings Summary

The meeting was chaired by Mr. Sunil Nyati, Chairman and Managing Director. Ms. Shikha Agrawal, Company Secretary, conducted the formal proceedings.

The facility for appointment of proxies was not applicable except for authorized representatives of corporate shareholders.

The company provided a remote e-voting facility which commenced at 9:00 AM IST on Monday, 22nd June 2026 and concluded at 5:00 PM IST on Wednesday, 24th June 2026.

Ms. Darshika Wankhede, Practicing Company Secretary, was appointed as Scrutinizer to scrutinize the e-voting process.

The Notice of the 34th AGM and the Annual Report for FY ended 31st March 2026 were circulated electronically. The Reports of the Statutory Auditor contained no qualifications or adverse remarks. The observation by the secretarial auditor was noted as self-explanatory with no adverse effect on the company's functioning.

The Notice of the Meeting and Auditors' Reports were taken as read with the consent of the members.

The requisite registers and documents were available for inspection in electronic mode.

Resolutions Transacted

1. Ordinary Resolution: To consider and adopt the Audited Standalone Financial Statements of the Company together with the Report of the Board of Directors and the Auditors thereon for the financial year ended 31st March 2026.

2. Ordinary Resolution: To consider and adopt the Audited Consolidated Financial Statements of the Company together with the Report of the Auditors thereon for the financial year ended 31st March 2026.

3. Ordinary Resolution: To declare a final dividend of ₹0.60 (30%) per fully paid-up equity share on face value ₹2 each for the financial year ended 31st March 2026.

4. Ordinary Resolution: To appoint a director in place of Mrs. Anita Nyati (DIN: 01454595) who retires by rotation and, being eligible, offers herself for re-appointment.

5. Special Resolution: Revision in remuneration of Mr. Parth Nyati (DIN: 02583324), Chief Executive Officer and Whole-Time Director.

Chairman's Address & Shareholder Interaction

Mr. Sunil Nyati delivered opening remarks on the company's performance for FY 2025-26, its future positioning, and thanked shareholders, stakeholders, and partners.

Registered speaker shareholders were invited to express views and seek clarifications. Queries were addressed by Mr. Parth Nyati, CEO & Whole-Time Director, and Mr. Devashish Nyati, Chief Technology & Security Officer.

Voting & Results

The combined results of remote e-voting and e-voting at the meeting were to be announced based on the Scrutinizer's report.

The results will be displayed on the company's website and submitted to the stock exchange as per SEBI LODR Regulations.

A copy of the voting results in the specified format along with the Scrutinizer's Report will be submitted within the time limit prescribed under Regulation 44(3) of the SEBI (LODR) Regulations, 2015.