AGM Details

The 52nd AGM was held on Thursday, September 10, 2026 at 12:00 PM through video conferencing/other audio visual means.

Shareholder participation:

  • Total shareholders on record date (August 29, 2026): 1,317
  • Shareholders attended meeting: 106 (29 Promoters + 77 Non-Promoters)

Voting Results

All six resolutions were approved with 100% votes in favor:

Resolution 1: Adoption of Audited Standalone Financial Statements (Ordinary Resolution)

  • To receive, consider and adopt Audited Balance Sheet as at March 31, 2026, Profit and Loss Account for year ended March 31, 2026, and Reports of Directors and Auditors
  • Total votes polled: 822,041 (36.0315% of outstanding shares)
  • Votes in favor: 822,041 (100%)
  • Promoter votes: 644,494 (72.8203% of promoter shares)
  • Public votes: 177,547 (12.7146% of public shares)

Resolution 2: Re-Appointment of Director (Ordinary Resolution)

  • To re-appoint Mr. Rajeev Patel (DIN: 00510532) who retires by rotation under Section 152(6) of Companies Act, 2013
  • Promoters were interested in this resolution
  • Total votes polled: 822,041 (36.0315% of outstanding shares)
  • Votes in favor: 822,041 (100%)

Resolution 3: Appointment of Statutory Auditors (Ordinary Resolution)

  • To appoint M/S M.I Shah & Co (Chartered Accountants) as Auditors and fix their remuneration
  • Promoters were not interested in this resolution
  • Total votes polled: 822,041 (36.0315% of outstanding shares)
  • Votes in favor: 822,041 (100%)

Resolution 4: Appointment of Secretarial Auditor (Ordinary Resolution)

  • To appoint M/S HRU & Associates, Practising Company Secretaries as Secretarial Auditors for five years and fix remuneration
  • Total votes polled: 822,041 (36.0315% of outstanding shares)
  • Votes in favor: 822,041 (100%)

Resolution 5: Re-Appointment of Managing Director (Special Resolution)

  • To re-appoint Mr. Manoj Ramanbhai Patel as Managing Director for five years
  • Promoters were interested in this resolution
  • Total votes polled: 822,041 (36.0315% of outstanding shares)
  • Votes in favor: 822,041 (100%)

Resolution 6: Appointment of Independent Director (Special Resolution)

  • To appoint Mr. Sanket Hemant Agarwal as Independent Director for five years
  • Promoters were not interested in this resolution
  • Total votes polled: 822,041 (36.0315% of outstanding shares)
  • Votes in favor: 822,041 (100%)

Shareholding Structure

  • Total outstanding shares: 2,281,450
  • Promoter holding: 885,047 shares (38.80%)
  • Public holding: 1,396,403 shares (61.20%)

Scrutinizer Report

Mr. Hemanshu Upadhyay, Practicing Company Secretary (Membership No. ACS 46800 & CP 20259) was appointed as scrutinizer. Key details from his report:

  • Remote e-voting period: September 6, 2026 (9:00 AM) to September 9, 2026 (5:00 PM)
  • Cut-off date for voting rights: August 29, 2026
  • Notice of AGM was sent to members by email on August 10, 2026
  • Physical copies of notice were not sent as per MCA Circulars
  • 123 equity shareholders participated in voting
  • Total valid votes cast: 822,041
  • All resolutions received 100% votes in favor
  • No votes against any resolution
  • No invalid votes

Additional Information

The company provided e-voting facility through Bigshare Services Private Limited. All voting records are maintained in electronic format with no physical voting.