Meeting Details

  • Date: Tuesday, September 29, 2026
  • Time: Commenced at 12:07 PM IST, concluded at 12:44 PM IST
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Deemed Venue: Registered Office at 7th Floor, Adhikari Chambers, Oberoi Complex, New Link Road, Andheri (West), Mumbai - 400053
  • Meeting Type: 19th Annual General Meeting

Corporate Context

  • The company is under Corporate Insolvency Resolution Process (CIRP) initiated by NCLT
  • Powers of Board of Directors stand suspended and vest with Mr. Alok Kumar Murarka, Resolution Professional (IBBI/IPA-001/IP-P-01934/2019-2020/13006)
  • No material business highlights or significant business developments to report due to CIRP status

Attendance and Quorum

  • 48 members attended through VC/OAVM
  • Requisite quorum confirmed present
  • Received 6 Authorized Representations from Bodies Corporate representing 1,18,23,160 Equity shares (30.51% of paid-up capital)

Voting Process

  • Voting Methods: Remote e-voting and e-voting during meeting
  • Cut-off Date: Tuesday, September 22, 2026
  • Service Provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: CS Ketan Ravindra Shirwadkar (Mem No. F13938 COP No. 15386) of M/s. KRS AND CO.
  • Voting Window: Continued for 15 minutes after meeting conclusion
  • Results Timeline: To be announced within 2 working days of meeting conclusion

Business Items Considered

Ordinary Business:

1. Adoption of Audited Standalone and Consolidated Financial Statements for financial year ended March 31, 2026, together with Reports of Board of Directors and Auditors thereon

2. Appointment of Director in place of Mr. Ravi Gautam Adhikari (DIN: 02715055) who retires by rotation and offers himself for re-appointment

Additional Proceedings

  • 15 speakers registered for question & answer sessions
  • Company documents including Register of Directors and Key Managerial Personnel available electronically for inspection
  • Proxy facility not applicable due to VC meeting format
  • Resolutions already put to vote through remote e-voting

Compliance Statement

The meeting was conducted in compliance with provisions of Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and circulars issued by MCA and SEBI.