AGM Details

The 19th Annual General Meeting will be held on Saturday, September 19, 2026, at 03:00 p.m. through Video Conferencing (VC) / Other Audio Visual Means (OAVM).

Business Items

Ordinary Business:

1. To receive, consider and adopt Audited Standalone Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors (Ordinary Resolution)

2. To appoint director in place of Smt. Artiben Pankajkumar Shingala (DIN: 09113214), Non-executive Director, who retires by rotation and offers herself for re-appointment (Ordinary Resolution)

Special Business:

3. Ratification of remuneration of Cost Auditor for FY 2026-27 (Ordinary Resolution)

  • Remuneration: ₹35,000/- (Rupees Thirty-Five Thousand only) plus applicable taxes and reimbursement of out-of-pocket expenses
  • Cost Auditor: M/s. Niketan Govindbhai Tadhani & Co., Cost Accountants (Firm Registration No. 003635)
  • Basis: Section 148 of Companies Act, 2013 read with Rule 14 of Companies (Audit and Auditors) Rules, 2014

4. Continuation/renewal of Material Related Party Transactions with Jigar Cables Limited (Ordinary Resolution)

  • Aggregate value limit: ₹200 Crores (Rupees Two Hundred Crores Only)
  • Period: From conclusion of this AGM until conclusion of next AGM
  • Nature: Sale, purchase or supply of goods/materials, leasing, services, appointment of agent, place of profit, grant of non-exclusive brand usage rights
  • Royalty rate: 2% of basic sales made by JCL under Ultracab's brand name
  • Terms: Arm's length basis, ordinary course of business

5. Continuation/renewal of Material Related Party Transactions with Jigar Polymers Limited (Ordinary Resolution)

  • Aggregate value limit: ₹25 Crores (Rupees Twenty-Five Crores Only)
  • Period: From conclusion of this AGM until conclusion of next AGM
  • Nature: Sale, purchase or supply of goods/materials, leasing, services, appointment of agent, place of profit
  • Terms: Arm's length basis, ordinary course of business

6. Ratification of Appointment of Smt. Viralben Chetankumar Dave as Independent Director (Special Resolution)

  • DIN: 10719954
  • Term: Five consecutive years from September 06, 2024 to September 05, 2029
  • Reason: Previous approval at 17th AGM (September 06, 2024) was incorrectly classified as Ordinary Resolution instead of Special Resolution as required by Regulation 25(2A) of SEBI Listing Regulations

7. Ratification of Appointment of Shri Satish Kalkani as Independent Director (Special Resolution)

  • DIN: 10719585
  • Term: Five consecutive years from September 06, 2024 to September 05, 2029
  • Reason: Previous approval at 17th AGM (September 06, 2024) was incorrectly classified as Ordinary Resolution instead of Special Resolution as required by Regulation 25(2A) of SEBI Listing Regulations

Related Party Transaction Details

Jigar Cables Limited (JCL)

  • Relationship: Related party under Regulation 2(1)(zc) of SEBI Listing Regulations
  • Previous FY transactions: ₹98.25 Crores (FY 2025-26); ₹34.72 Crores (Q1 FY 2026-27)
  • JCL Financials (FY 2025-26): Turnover ₹56.67 Crores, PAT ₹1.74 Crores, Net Worth ₹29.87 Crores
  • Value as % of Ultracab's turnover: 76.89%
  • Value as % of JCL's turnover: 345.11%

Jigar Polymers Limited (JPL)

  • Relationship: Wholly owned subsidiary of Jigar Cables Limited, hence related party
  • Previous FY transactions: ₹1.48 Crores (FY 2025-26); Nil (Q1 FY 2026-27)
  • JPL Financials (FY 2025-26): Turnover ₹3.81 Crores, PAT ₹0.0546 Crores, Net Worth ₹1.47 Crores
  • Value as % of Ultracab's turnover: 9.61%
  • Value as % of JPL's turnover: 656.17%

Voting Arrangements

  • Remote e-voting period: September 16, 2026 (09:00 a.m.) to September 18, 2026 (5:00 p.m.)
  • Cut-off date: September 12, 2026
  • E-voting service provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: CS Piyush Jethva (FCS: 6377, COP: 5452), Practicing Company Secretaries
  • Results declaration: Within 2 working days after AGM conclusion

Document Distribution

  • Electronic copies sent to shareholders with registered email addresses
  • Physical copies available on request
  • Annual report available on company website: www.ultracabwires.com

Director Information (Retiring by Rotation)

  • Name: Smt. Artiben Pankajkumar Shingala
  • DIN: 09113214
  • Age: 37 years
  • Qualification: B.com
  • Experience: 12+ years in Accounts
  • Board meetings attended: 10
  • Remuneration: Nil
  • Shareholding: Nil
  • Relationship: Spouse of Shri Pankaj Vasantbhai Shingala (Whole-time Director)

Additional Information

  • Unclaimed Final Dividend for FY 2017-18 transferred to Investor Education and Protection Fund (IEPF)
  • Corresponding shares also transferred to IEPF demat account
  • Shareholders may claim through Form IEPF-5 at www.iepf.gov.in
  • Company CIN: L31300GJ2007PLC052394