Meeting Details

  • Date: Monday, September 21, 2026
  • Time: 11:30 a.m. IST commencement
  • Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Type: 5th Annual General Meeting
  • Conclusion Time: 01:13 p.m. IST (including 15-minute e-voting period)

Legal Basis for Virtual Meeting

The meeting was conducted virtually pursuant to:

  • MCA General Circular No.14/2020 dated April 08, 2020 and subsequent circulars including General Circular No. 03/2025 dated September 22, 2025
  • SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated May 12, 2020 and subsequent circulars including Circular No. SEBI/HO/CFD/CFD-PoD2/P/CIR/2024/133 dated October 03, 2024 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
  • Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Proposed Resolutions

Two ordinary resolutions were proposed for voting:

1. Adoption of Financial Statements for the financial year ended March 31, 2026

2. Re-appointment of Mr. Jatin Chokshi (DIN: 00495015) as Managing Director, liable to retire by rotation

Voting Process

  • Remote e-voting period: Wednesday, September 16, 2026 at 9:00 a.m. IST to Sunday, September 20, 2026 at 5:00 p.m. IST
  • Cut-off date: Monday, September 14, 2026
  • E-voting during meeting: Members who had not voted remotely could vote electronically during the meeting
  • Additional voting window: 15 minutes from conclusion of AGM proceedings
  • Voting platform: NSDL e-voting platform
  • Scrutinizer: Mr. Vijay Yadav, Partner of M/s. AVS & Associates, Practicing Company Secretaries

Attendance

  • Members: 62 members attended through VC/OAVM
  • Directors Present:
  • Mr. Mohinder Pal Bansal (Chairperson)
  • Mr. Mahendra Kumar Chouhan (Non-Executive, Independent Director)
  • Ms. Nishika Hegde (Non-Executive, Non-Independent Director)
  • Mr. Kaiwan Kalyaniwalla (Non-Executive, Non-Independent Director)
  • Mr. Jatin Chokshi (Managing Director and Chairperson of Corporate Social Responsibility Committee)
  • Mr. Ram Walase (Whole Time Director and Chief Executive Officer)
  • Key Managerial Personnel:
  • Mr. Nilesh Mishra (Chief Financial Officer)
  • Mrs. Khushboo Mishra (Company Secretary and Compliance Officer)
  • Other Representatives:
  • Mr. Vijay Yadav (Partner of M/s. AVS & Associates, Secretarial Auditors and Scrutinizer)
  • Mr. Ashish Dangi (Partner of M/s. C. C. Dangi & Associates, Statutory Auditors)

Proceedings Overview

The meeting was chaired by Mr. Mohinder Pal Bansal. Mrs. Khushboo Mishra explained procedural aspects of the virtual meeting and voting process. The Chairperson delivered a speech covering business performance, financials, and growth plans.

Document Distribution

  • Annual Report containing Audited Financial Statements (Standalone and Consolidated) for FY ended March 31, 2026, Board's Report and Auditors' Report were sent to members via email
  • For members without registered email addresses, a web-link was sent as per Regulation 36(1)(b) of SEBI Listing Regulations
  • Cut-off date for email registration: Friday, August 21, 2026

Auditor Reports

No observations/qualifications were made by Statutory Auditors or Secretarial Auditors in their reports for FY ended March 31, 2026.

Q&A Session

Members were given opportunity to ask questions and seek clarifications. Mr. Mohinder Pal Bansal and Mr. Jatin Chokshi responded to all questions raised.

Results Publication

The combined results of remote e-voting and e-voting during the AGM will be:

  • Announced and published on the Company's website
  • Published on website of NSDL
  • Submitted to stock exchanges in accordance with SEBI Listing Regulations

Compliance Confirmation

The meeting was conducted in compliance with:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars
  • SEBI Circulars