Meeting Details

The 41st Annual General Meeting will be held on Wednesday, 30th September 2026 at 02.00 PM through Video Conferencing/Other Audio-Visual Means organized by the Company. The deemed venue of the meeting is the registered office of the Company at General A. K. Vaidya Marg, Near Wagheshwari Mandir, Off Film City Road, Malad (E), Mumbai - 400 097.

Proposed Resolutions and Implications

Ordinary Business:

  • Item No. 1: Adoption of Audited Financial Statements for the financial year ended 31st March, 2026
  • Item No. 2: Re-appointment of Mr. Dilip Varghese (DIN: 01424196) who retires by rotation
  • Item No. 3: Re-Appointment of M/s. Hegde & Associates (FRN 103610W) as Statutory Auditor for a second term of five years

Special Business:

  • Item No. 4: Payment of increased remuneration to Mr. Jerry Varghese (DIN: 00012905) - Non-Executive Director (Basic Salary: Rs. 4.50 Lakh per month effective 1st October 2026)
  • Item No. 5: Re-appointment and increased remuneration to Mr. Dilip Varghese as Managing Director for three years w.e.f. 14th August 2026 (Basic Salary: Rs. 4.00 Lakh per month with commission/incentive)
  • Item No. 6: Re-appointment and increased remuneration to Mr. Amit Atmaram Shah as Executive Director for three years w.e.f. 1st October 2026 (Basic Salary: Rs. 4.00 Lakh per month with commission/incentive)
  • Item No. 7: Re-appointment of Mr. Krishan Kumar Kinra as Independent Director for a second term of five years
  • Item No. 8: Ratification of remuneration payable to Mr. Satish Shah, Cost Accountant, for FY 2026-27 amounting to Rs. 1,00,000/-

Voting Process and Methods

The Company is providing facility for remote e-voting and e-voting during the AGM through Bigshare Services Private Limited.

Remote e-Voting Details:

  • Remote e-voting period begins on Saturday, 26th September 2026 at 9:00 a.m. and ends on Tuesday, 29th September 2026 at 5:00 p.m.
  • Cut-off date for determining voting rights: Thursday, 24th September 2026
  • Shareholders can vote through their demat accounts with CDSL or NSDL, or through the i-Vote platform at https://ivote.bigshareonline.com

AGM Participation:

  • Members can join the AGM through VC/OAVM 15 minutes before the scheduled time
  • Facility available for up to 1,000 members on first-come-first-serve basis (restriction not applicable to members holding >2% shareholding, promoters, institutional investors, etc.)

Scrutinizer Appointment and Role

The Company has appointed Mr. Prashant Diwan, Practicing Company Secretary (Membership No. 1403, COP No. 1979) as Scrutinizer to scrutinize the e-voting process in a fair and transparent manner. The Scrutinizer will prepare a consolidated report of the total votes cast within two working days of the conclusion of the AGM.

Compliance with Laws and Regulations

The notice confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • MCA General Circular No. 03/2025 dated 22nd September 2025
  • SEBI Circular No. SEBI/HO/CFD/CMD2/CIR/P/2022/62 dated May 13, 2022
  • SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 9, 2020

Financial Information

The document includes financial indicators for the company:

  • FY 2025-26: Turnover Rs. 11737.37 lakh, Profit Before Tax Rs. 605.63 lakh, Net Profit Rs. 655.62 lakh
  • FY 2024-25: Turnover Rs. 10128.35 lakh, Profit Before Tax Rs. 180.69 lakh, Net Profit Rs. 186.90 lakh
  • FY 2023-24: Turnover Rs. 8935.34 lakh, Profit Before Tax Rs. -126.20 lakh, Net Profit Rs. -113.20 lakh

Shareholder Information

  • Register of Members and Share Transfer Book will remain closed from Wednesday, 23.09.2026 to Wednesday, 30.09.2026 (both days inclusive)
  • The company is sending notices and annual reports electronically to members with registered email IDs
  • Physical copies are not being dispatched in compliance with MCA and SEBI circulars