Meeting Details
- Mode: Video Conferencing
- Deemed Venue: 3rd Floor, Y12-Y19, Eldeco Centre, Malviya Nagar DMRC Metro Station, Malviya Nagar, New Delhi 110017 (Registered office of the Company)
- Date & Time: Wednesday, September 16, 2026 at 12:00 Noon
- Conclusion Time: 12:54 PM (including 15 minutes for e-voting during AGM)
Attendance Details
- Total Shareholders as of Cut-off Date (September 09, 2026): 4,355
- Members Attending: 41 members representing 71,51,595 equity shares
- Quorum: Confirmed present by Company Secretary
Attendees
Directors Present:
- Mr. Vinay Kumar Singh (Managing Director and CFO)
- Mr. Sandeep Ahuja (Independent Director and Chairman of Audit Committee and Nomination and Remuneration Committee)
- Ms. Praveen Kumari Singh (Independent Director)
- Mr. Arvinder Singh Pasricha (Chairman of the Company)
Auditors and Representatives:
- Statutory Auditors: Mr. Praveen, Representative from M/s. Praveen & Madan
- Proposed Statutory Auditors: Mr. Aman Aggarwal, Representative from M/s. J.C. Bhalla and Co.
- Proposed Secretarial Auditors: Ms. Neeta Aggarwal, Proprietor of M/s. Neeta A & Associates
Company Officials:
- Ms. Shobha Joshi, Company Secretary and Compliance Officer
- Scrutinizer: Ms. Neeta Aggarwal, Company Secretary in Practice
Voting Process
- Remote e-voting Period: September 13, 2026 (09:00 AM IST) to September 15, 2026 (05:00 PM IST) through NSDL platform
- AGM e-voting: Additional 15 minutes provided during meeting for members who hadn't voted remotely
- Results Status: All resolution results awaited from Scrutinizer at time of filing
Agenda Items and Resolutions
Seven resolutions were put to vote:
1. Ordinary Resolution: Receive, consider and adopt audited standalone and consolidated financial statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors
2. Ordinary Resolution: Re-appoint Mr. Vinay Kumar Singh (DIN - 06497700) as director liable to retire by rotation
3. Ordinary Resolution: Appoint M/s. J.C. Bhalla and Co., Chartered Accountants (Firm Registration No. 001111N) as Statutory Auditors to fill casual vacancy
4. Ordinary Resolution: Appoint M/s. Neeta A & Associates, Practicing Company Secretaries as Secretarial Auditor
5. Special Resolution: Increase Borrowing Limits under Section 180(1)(c) of Companies Act, 2013
6. Special Resolution: Enhance limits under Section 186 of Companies Act, 2013
7. Ordinary Resolution: Approve material related party transaction with Mr. Vinay Kumar Singh, Managing Director
Management Responses to Shareholder Queries (Annexure B)
- The Company regularly disseminates business information through appropriate channels including stock exchange disclosures and company website
- Future growth strategy includes evaluating opportunities in real estate sector, particularly projects in locations with favorable natural and environmental characteristics (proximity to hills, waterfront areas, low air pollution)
- Opportunities will be pursued subject to commercial feasibility, requisite approvals, and regulatory requirements
- Company continuously evaluates business opportunities and potential projects, with details to be disclosed at appropriate implementation stages
- Share price increase during relevant period reflected prevailing market conditions and investor sentiment
- Decrease in Promoters' shareholding due to preferential issue of equity shares to public investors, resulting in dilution
- Borrowing limit increased to ₹3200 crore to meet Company's funding requirements and finance ongoing/upcoming projects
Additional Information
- Statutory Registers and other required documents were available for inspection during AGM
- All directors attended the meeting
- Managing Director delivered a speech and responded to member queries
- Chairman thanked members for continued support