Item No. 5: Reappointment of Mr. Niraj Gada as Managing Director
Resolution Type: Special Resolution
Appointment Period: July 26, 2026 to July 25, 2029 (3 years)
Maximum Remuneration: ₹1,00,00,000 per annum (Rupees One Crore Only)
Components: Inclusive of salary, perquisites, benefits and allowances
Legal Basis: Sections 196, 197, 198 and 203 read with Schedule V of Companies Act, 2013
Current Remuneration: ₹4,30,000 per month (₹51.60 lakhs annually)
Shareholding: 18,55,380 shares
Background: Founding promoter with over 20 years industry experience, responsible for complete commercials, overall management and growth of the Company
Item No. 6: Reappointment of Mr. Kaushik Gada as Whole-time Director
Resolution Type: Special Resolution
Appointment Period: July 26, 2026 to July 25, 2029 (3 years)
Maximum Remuneration: ₹84,00,000 per annum (Rupees Eighty-Four Lakhs Only)
Components: Inclusive of salary, perquisites, benefits and allowances
Legal Basis: Sections 196, 197, 198 and 203 read with Schedule V of Companies Act, 2013
Current Remuneration: ₹4,30,000 per month (₹51.60 lakhs annually)
Shareholding: 84,480 shares
Background: Founding promoter, handles QA/QC department, material management and Kashmir unit operations, expertise in financial planning
Financial Performance Disclosure (FY 2025-26)
Revenue: ₹38,62,04,783
EBITDA: ₹4,92,87,381
PBT: ₹1,78,43,869
PAT: ₹1,31,70,176
Director Particulars
Mr. Niraj Damji Gada
DIN: 00515932
Category: Promoter, Managing Director & CEO
Date of Birth: 11-02-1969
Age: 57 years (as on March 31, 2026)
First Appointment: April 19, 2004
Board Meetings Attended: 6 out of 6 in FY 2025-26
Committee Memberships: Audit Committee and Stakeholder Relationship Committee
