Meeting Details
The 14th Annual General Meeting will be held on Friday, September 25, 2026 at 11:00 A.M. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM).
Proposed Resolutions and Implications
Item No. 3: Reappointment and Remuneration of Managing Director
The company proposes a Special Resolution to reappoint Shri Hiteshkumar Gordhanbhai Thummar (DIN: 02112952) as Chairman & Managing Director for a further period of five years from July 31, 2027 to July 30, 2032. The proposed remuneration is up to ₹4,50,000 per month. Mr. Thummar has been associated with the company since March 25, 2017, holds an MBA in International Marketing, and currently receives remuneration of ₹18,00,000 per annum. He holds 12,07,11,565 equity shares in the company and is related to Smt. Darshna H. Thummar (wife).
Item No. 4: Ratification of Cost Auditor Remuneration
The company proposes an Ordinary Resolution to ratify the remuneration payable to M/s. Mitesh Suvagiya & Co. Cost Accountants (Firm Registration No. 101470 & Membership No. 32559) for conducting the cost audit for financial year 2026-27. The remuneration amounts to ₹40,000/- (Rupees Forty Thousand only) plus applicable taxes and reimbursement of out-of-pocket expenses.
Voting Process and Methods
The company provides facility for remote e-voting before the AGM and e-voting during the AGM through National Securities Depository Limited (NSDL).
Remote E-Voting Schedule
The remote e-voting period begins on September 22, 2026 at 09:00 A.M. and ends on September 24, 2026 at 05:00 P.M.
Eligibility for Voting
A person whose name is recorded in the Register of Members or in the register of beneficial owners maintained by the Depositories as on the cut-off date (Friday, September 18, 2026) shall be entitled to avail the facility of remote e-voting and e-voting during the AGM.
Voting Rights
Voting rights of shareholders shall be in proportion to their share in the paid-up equity share capital of the Company as on the cut-off date.
Scrutinizer Appointment
The Board of Directors has appointed CS Piyush Jethva (FCS No. 6377, C.P. No. 5452), Practicing Company Secretary, as the Scrutinizer to scrutinize the remote e-voting and e-voting process during the AGM in a fair and transparent manner.
Compliance with Laws and Regulations
The notice confirms compliance with:
- Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014
- Secretarial Standard on General Meetings (SS-2)
- Other applicable provisions
Additional Information
- The company's statutory auditors, M/s. Kamlesh Rathod & Associates [Firm Reg. No. 117930W], will hold office until the conclusion of the 16th AGM in 2027
- Members can inspect relevant documents electronically by sending requests to cs@tirupatiforge.com
- No gifts shall be provided to Members before, during or after the AGM
- The notice is being sent to members whose names appear in the Register of Members/list of beneficial owners as on August 21, 2026