Meeting Details

The Extra Ordinary General Meeting was held on Friday, July 10, 2026 at 12:30 P.M. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) without any physical presence of members, in compliance with applicable circulars issued by the Ministry of Corporate Affairs and SEBI.

Proposed Resolutions and Implications

The EGM considered one item of business: Approval for Sub-Division (Split) of Equity Shares of The Company. This was proposed as an Ordinary Resolution, indicating a fundamental change to the company's capital structure that would increase the number of shares while reducing the price per share.

Voting Process and Methods

The company employed multiple voting methods:

  • Remote e-voting facility through Bigshare Services Private Limited was available from 9:00 A.M. (IST) on Tuesday, July 07, 2026 up to 5:00 P.M. (IST) on Thursday, July 09, 2026
  • E-voting facility during the EGM was provided for members who had not voted through remote e-voting
  • The e-voting facility remained active for 15 minutes during the meeting for members to cast their votes

Attendance Details

Board of Directors & KMPs Present:

  • Mr. Sanjay Patel (Managing Director)
  • Mrs. Fatema Shabbir Kachwala (Whole-Time Director & CFO)
  • Mr. Shabbir Huseni Merchant (Non-Executive Director)
  • Mr. Shalin Patel (Non-Executive Director)
  • Ms. Homai Daruwala (Independent Director)
  • Mr. Ajay Madan (Independent Director)
  • Mr. Nikunj Barot (Independent Director)
  • Mr. Sumantra Sarathi Mahata (Independent Director)
  • Mr. Ankit Bhaskar (Independent Director)
  • Mr. Harshal Patil (Company Secretary & Compliance Officer)

Invitees Present:

  • Ms. Janhavi Kulkarni (Authorised representative of Scrutinizer)

Member Attendance:

The meeting was attended by 76 members.

Scrutinizer's Role

Ms. Janhavi Kulkarni attended as the authorised representative of the Scrutinizer. The company informed that the results of the voting together with the report of the scrutinizer would be displayed on the company's website within two working days of the conclusion of the EGM and submitted to the stock exchange.

Compliance with Regulations

The meeting was conducted in accordance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Applicable circulars issued by Ministry of Corporate Affairs and SEBI
  • Notice of the EGM was circulated by electronic means to all members whose email IDs were registered with the Depositories
  • Facility was provided for shareholders without registered email addresses to register them

Meeting Proceedings

The meeting was called to order by Mr. Sanjay Jashbhai Patel, Managing Director, who confirmed requisite quorum was present. The Company Secretary, Mr. Harshal Patil, managed the procedural announcements. All shareholders were kept on mute during the VC/OAVM proceedings. The meeting concluded at 12:40 P.M.