Meeting Details

  • Date: Tuesday, September 22, 2026
  • Time: 04:00 p.m. (IST)
  • Mode: Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Deemed Venue: Registered Office at 101, 1st Floor, Centre Point, Somnath Daman Road, Somnath, Dabhel, Nani Daman, Dadra and Nagar Haveli and Daman and Diu (U.T.) - 396210
  • Cut-off Date for E-voting: Tuesday, September 15, 2026

Proposed Resolutions and Implications

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 with Auditors' reports

3. Declaration of Final Dividend of ₹1.50 (150%) per equity share of face value ₹1 each for FY 2025-26

4. Reappointment of Mr. Sanjaya Kulkarni (DIN: 00102575) as Non-Executive Director liable to retire by rotation (Special Resolution)

5. Reappointment of Mr. Mahinder Kumar Wadhwa (DIN: 00064148) as Non-Executive Director liable to retire by rotation (Special Resolution)

Special Business:

6. Appointment of Mr. Devendra Jitendra Shah (DIN: 03095028) as Independent Director for first term of five years from August 05, 2026 to August 04, 2031 (Special Resolution)

7. Appointment of Mrs. Hema Rajendra Gaitonde (DIN: 11835462) as Independent Director for first term of five years from August 05, 2026 to August 04, 2031 (Special Resolution)

8. Ratification of Remuneration payable to M/s. Darshan Vora & Co., Cost Accountants (Firm Registration No. 103886) amounting to ₹2,50,000 plus applicable taxes for conducting cost audit for FY ending March 31, 2027

Voting Process and Methods

  • E-voting Service Provider: MUFG Intime India Private Limited (InstaVote)
  • Remote E-voting Period: Thursday, September 17, 2026 at 09:00 a.m. to Monday, September 21, 2026 at 05:00 p.m. (IST)
  • Scrutinizer: CS Arun Dash, Practicing Company Secretary (Membership No. FCS: 9765; CP No: 9309)
  • Voting Methods: Remote e-voting prior to meeting and e-voting system during the AGM through InstaMeet facility
  • Individual shareholders holding securities in demat mode can vote through their demat accounts with NSDL or CDSL
  • Physical shareholders and Non-Individual shareholders must register and vote through InstaVote platform

Dividend Details

  • Final Dividend Recommended: ₹1.50 per equity share (150%)
  • Record Date: Tuesday, September 15, 2026
  • Payment Date: On or after September 23, 2026, if approved
  • Dividend Payment Mode: Electronic mode for all shareholders as mandated by SEBI
  • TDS Applicable: Dividend income taxable with TDS deduction at prescribed rates under Income Tax Act, 2025

Compliance with Laws and Regulations

The notice confirms compliance with:

  • Companies Act, 2013 and relevant rules
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Ministry of Corporate Affairs General Circulars permitting VC/OAVM meetings
  • Secretarial Standard on General Meetings (SS2)
  • SEBI Master Circulars regarding dividend payment and share transfer procedures

Additional Information

  • The AGM will allow participation of up to 1,000 members on first-come-first-served basis, with priority for large shareholders (2%+), promoters, institutional investors, directors, and KMPs
  • Members can access the meeting through InstaMeet facility with registration requirements
  • All relevant documents including registers of directors, contracts, and explanatory statements are available for electronic inspection
  • The company has implemented green initiative by sending notice and annual report electronically to registered email addresses
  • Special arrangements made for shareholders without registered email addresses to receive communication via web-link and QR code