Meeting Details

The 18th Annual General Meeting was held on September 12, 2026 at 11:00 a.m. at Shop No. 901/914, Rajhans Complex, 9th Floor, Ring Road, Surat-395002, Gujarat, India.

Voting Process Details

The company engaged National Securities Depository Limited (NSDL) as the authorized agency for e-voting services. The e-voting period was open from 09:00 AM (IST) on September 09, 2026 to 05:00 PM (IST) on September 11, 2026. Advertisements regarding the e-voting were published in Free Press Gujarat (English Edition) and Lokmitra (Gujarati Edition) on August 22, 2026. The record date for determining voting entitlement was September 05, 2026.

Electronic votes were verified on September 12, 2026 at approximately 01:19 PM after the conclusion of the AGM, in the presence of two witnesses: Ms. Shilpa Singh and Ms. Vinita Sharma, who are not employees of the company.

The chairman opted for polling on each resolution during the AGM. The voting process was conducted peacefully, freely, and fairly with the scrutinizer's authorized representative present.

Voting Results

All four resolutions were passed with 100% favorable votes:

Resolution No. 1 - Ordinary Business

  • Adoption of audited financial statements for the financial year ended March 31, 2026 together with reports of Board of Directors and Auditors
  • Remote e-voting: 0 members voted (0 shares)
  • Poll voting: 8 members voted (4,375,229 shares)
  • Total: 8 members voted (4,375,229 shares) - 100% in favor

Resolution No. 2 - Ordinary Business

  • Appointment of Mrs. Ilaben Rohitkumar Kapadia (DIN: 03507916) as director liable to retire by rotation
  • Remote e-voting: 0 members voted (0 shares)
  • Poll voting: 8 members voted (4,375,229 shares)
  • Total: 8 members voted (4,375,229 shares) - 100% in favor

Resolution No. 3 - Special Business

  • Increment in remuneration payable to Mr. Shhalu Teiaas Kanadia, Non-Executive Director
  • Remote e-voting: 0 members voted (0 shares)
  • Poll voting: 8 members voted (4,375,229 shares)
  • Total: 8 members voted (4,375,229 shares) - 100% in favor

Resolution No. 4 - Special Business

  • Approval of related party transactions
  • Remote e-voting: 0 members voted (0 shares)
  • Poll voting: 8 members voted (4,375,229 shares)
  • Total: 8 members voted (4,375,229 shares) - 100% in favor

Scrutinizer Details

The report was prepared by Dhirren R. Dave & Co., Company Secretaries, with Kandarp Shukla (ACS: 28554, CP: 10265) as the principal partner signing the report.