Annual General Meeting Details

The 52nd Annual General Meeting (AGM) of the company is scheduled to be held on Thursday, 10th September 2026 at 12:00 PM (IST) through Video Conferencing/Other Audio Visual Means in compliance with MCA Circular No. 10/2022 dated December 28, 2022 and SEBI Circular SEBI/HO/CFD/PoD-2/P/CIR/2023/4 dated January 5, 2023.

The Annual Report has been dispatched via electronic means to shareholders on 10th August 2026 pursuant to Regulation 34(l)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ordinary Business Agenda

Item 1: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31st, 2026, together with the Reports of the Board of Directors and the Auditors thereon.

Item 2: Re-appointment of Mr. Rajeev Patel (DIN 00510532) who retires by rotation in terms of Section 152(6) of the Companies Act, 2013.

Item 3: Appointment of M/s M I SHAH And Co, Chartered Accountants (Firm Registration No. 119025W) as Statutory Auditors of the Company for FY 2026-27, with remuneration to be fixed by the Board of Directors.

Item 4: Appointment of M/s HRU & Associates, Practicing Company Secretaries (Membership No. 46800) as Secretarial Auditors of the Company for a term of five years commencing from the conclusion of this AGM until the conclusion of the AGM in 2031.

Special Business Agenda

Item 5: Re-appointment of Mr. Manoj Ramanbhai Patel as Managing Director (Key Managerial Personnel) for a period of five years with effect from 30th July 2026. Remuneration details include:

  • Salary: ₹1,00,000 per month (consolidated)
  • Commission on net profits (overall remuneration not exceeding 5% of net profits)
  • House Rent Allowance
  • Medical Reimbursement: ₹1,00,000 per year
  • Leave Travel Allowance: ₹40,000 per year
  • Car and telephone facilities for business use

Item 6: Appointment of Mr. Sanket Hemant Goyal (DIN: 08716587) as Non-Executive Independent Director for a term of five consecutive years with effect from 30th July 2026 to 29th July 2031.

Director Details

Mr. Rajeev Patel:

  • DIN: 00510532
  • Qualification: Bachelors of Engineering
  • First appointment: 25/05/2004
  • Shareholding: 78,687 shares
  • Board meetings attended: 4
  • Other directorships: Applied Electrostatics and Controls Pvt. Ltd., Polycone Paper Ltd.

Mr. Manoj Patel:

  • Qualification: Bachelors of Science in Systems Engineering, Masters of Science in Operation Research
  • First appointment: 14/08/1998
  • Shareholding: 1,12,055 shares
  • Board meetings attended: 4
  • Other directorships: None

Mr. Sanket Goyal:

  • DIN: 08716587
  • Qualification: Bachelors in Electronics and Telecommunication, Masters of Management Studies in Finance
  • First appointment: 30/07/2026
  • Shareholding: NIL
  • Board meetings attended: NA
  • Other directorships: None

Record Date and Book Closure

The Register of Members and Share Transfer Register will remain closed from Monday, 24th August 2026 to Friday, 28th August 2026 (both days inclusive) for determining members eligible for the AGM.

Voting Procedures

Remote e-voting period begins on Sunday, 6th September 2026 at 9:00 AM IST and ends on Wednesday, 9th September 2026 at 5:00 PM IST. Cut-off date for determining voting rights is 29th August 2026.

Mr. Hemanshu Upadhyay, Practicing Company Secretary (Membership No. ACS 46800 & CP 20259) has been appointed as Scrutinizer to scrutinize the remote e-voting process.

The results along with Scrutinizer's Report will be placed on the company's website https://www.vapienterprise.com/ and forwarded to BSE Limited.

Shareholder Information

Members are advised to update their email addresses and contact details. Shares can only be transferred in dematerialized form except in case of transmission or transposition. Members holding physical shares are advised to convert to dematerialized form.