Ordinary Business

1. Adoption of Audited Financial Statements

To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2026, along with the reports of Board of Directors and the Auditors thereon.

2. Re-appointment of Director Retiring by Rotation

To appoint Mr. Vikalp Mundra (DIN: 00113145) who retires by rotation and being eligible, offers himself for re-appointment pursuant to Section 152 of the Companies Act, 2013.

Special Business

3. Appointment of Mrs. Geeta Mundra as Non-Executive Director and Chairman

  • Name: Mrs. Geeta Mundra (DIN: 00113261)
  • Position: Non-Executive Director (Non-Independent) and Chairman
  • Appointment Date: April 15, 2026 (as Additional Director)
  • Term: Three years
  • Age: 76 years (requires special resolution pursuant to Regulation 17(1A) of SEBI LODR)
  • Qualifications: M.A. from Vikram University, Ujjain
  • Experience: Over 40 years in administrative leadership, social, and corporate management; former Chairperson of Shubh Laxmi Mahila Co-operative Bank Limited
  • Consent: Received Form DIR-2 and Form DIR-8 confirming no disqualification under Section 164

4. Approval under Section 185 for Loans/Guarantees/Security

  • Purpose: To give loans (including book debt), guarantees, or provide security to subsidiaries, associates, joint ventures, group entities, or persons in which directors are interested
  • Maximum Limit: ₹25 crores (Twenty-Five crores) aggregate at any point
  • Interest: At such rate as agreed by parties
  • Funding: From internal resources/accruals or other appropriate sources
  • Usage: For principal business activities of borrowing entities

5. Approval under Section 186 for Investments/Loans/Guarantees

  • Purpose: To make investments, extend loans, give guarantees, or provide securities
  • Maximum Limit: ₹25 crores (Twenty-Five crores) aggregate at any point
  • Authority: Board of Directors (including any committee) authorized to execute

6. Borrowing Funds under Section 180(1)(c)

  • Borrowing Limit: ₹1,000 crores (One Thousand crores)
  • Sources: Banks, Financial Institutions, foreign lenders, bodies corporate, entities, authorities
  • Security: Pledge, mortgage, hypothecation, charge on movable/immovable properties or whole/part of undertaking
  • Security Limit: ₹1,000 crores aggregate indebtedness secured

Director Profiles

Mr. Vikalp Mundra (DIN: 00113145)

  • Date of Birth: August 31, 1971 (Age: 54)
  • Nationality: Indian
  • Appointment Date: September 24, 2020
  • Qualifications: Graduate in Electrical Engineering, Postgraduate in Financial Management
  • Expertise: Design, technology selection, project management, strategic direction, business planning
  • Relationship: Son of Mrs. Geeta Mundra, Brother of Mr. Anurag Mundra

Mrs. Geeta Mundra (DIN: 00113261)

  • Date of Birth: December 21, 1949 (Age: 76)
  • Nationality: Indian
  • Appointment Date: April 15, 2026
  • Qualifications: M.A. from Vikram University, Ujjain
  • Expertise: Administrative leadership, corporate governance, strategic decision-making
  • Experience: Former Chairperson of Shubh Laxmi Mahila Co-operative Bank Limited, General Secretary of Friends of Tribal Society
  • Relationship: Mother of Mr. Vikalp Mundra and Mr. Anurag Mundra

Shareholding of Directors & Relatives (as on March 31, 2026)

  • Mrs. Vandana Mundra (trustee of SVA Family welfare trust): 9,90,00,001 shares (74.21%)
  • Mr. Anurag Mundra (partner of M&B Switchgears): 10,00,000 shares (0.74%)
  • Other family members (Vikalp Mundra, Geeta Mundra, etc.): Minimal holdings (2 shares each)
  • Total Promoter Group Holding: 10,00,00,038 shares (74.96%)

Corporate Insolvency Resolution Process Background

The National Company Law Tribunal (NCLT), Indore Bench:

  • Admission Order: September 17, 2020 - initiated CIRP under IBC 2016
  • Approval Order: October 13, 2023 - approved Resolution Plan submitted by SVA Family Welfare Trust and M&B Switchgears

Voting Arrangements

  • Remote e-Voting Period: Saturday, July 11, 2026 (09:00 AM) to Monday, July 13, 2026 (05:00 PM)
  • Scrutinizer: M/s. Ashish Karodia and Co., Practicing Company Secretary (CP No. 6375)
  • Voting Methods: Remote e-voting through CDSL/NSDL systems, ballot paper at AGM
  • Results: To be placed on company website (www.ujaas.com) and CDSL website (www.evotingindia.com), forwarded to NSE and BSE

Additional Information

  • Proxy Form: Must be deposited at registered office not less than 48 hours before meeting
  • Document Inspection: Available at registered office during working hours until AGM date
  • Queries: Members requested to forward queries to cs@ujaas.com at least 10 days in advance
  • Green Initiative: Members encouraged to register email addresses for electronic communication
  • Regulatory Compliance: Notice issued pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015