EOGM Details

The 01/2026-27 Extra-Ordinary General Meeting of Vashu Bhagnani Industries Limited is scheduled to be held on Tuesday, June 30, 2026 at 03:00 PM (IST) through Video Conferencing/Other Audio-Visual Means. The meeting notice is available on the company website www.vashubhagnaniindustries.com.

Business Items

Item 1: Appointment of Mr. Ashish Radheyshyam Goyal as Non-Executive Independent Director

  • Resolution Type: Special Resolution
  • DIN: 11640132
  • Appointment term: Five consecutive years from April 10, 2026 through April 09, 2031
  • Originally appointed by Board on April 10, 2026 as Additional Director under Section 161(1) of Companies Act, 2013
  • Received declaration meeting independence criteria under Section 149(6) of Companies Act and Regulation 16 of SEBI Listing Regulations
  • Not liable to retire by rotation
  • No remuneration proposed
  • Expertise: Strategic and marketing management, network building, market analysis and negotiation skills
  • Current directorship: Modella Textile Industries Limited as Additional Independent Director
  • Educational background: Engineering in Information Technology from Madhav Institute of Technology and Science, Gwalior
  • Attendance: Attended 2 Board meetings during the year

Item 2: Re-appointment of Mrs. Puja Vashu Bhagnani as Managing Director

  • Resolution Type: Special Resolution
  • DIN: 00044593
  • Re-appointment period: 3 years with effect from April 1, 2026
  • Salary: ₹1,20,000 per month (₹14.40 lakh annually)
  • FY2025-26 remuneration: ₹14.40 lakh (same as proposed)
  • Qualifications: Master in Commerce Graduate
  • Age: 64 years (Date of Birth: October 20, 1962)
  • Shareholding: 5.34% as on March 31, 2026 (34,17,633 equity shares of ₹10 each)
  • Relationships: Wife of Mr. Vashu Lilaram Bhagnani (Director) and Mother of Mrs. Deepshikha Deshmukh (Director)
  • Other directorships: PVB Developers Private Limited, Pooja Devcon Private Limited, Puja Entertainment (India) Limited, Beta Properties Private Limited, VPJ Entertainment Private Limited, Pooja Entertainment Limited
  • Board meeting attendance: 10 meetings during the year
  • Minimum remuneration provision included for years with no profit or inadequate profit

Financial Information

  • Nature of industry: Film making and film production
  • Financial performance (Figures in lakhs):
  • FY2025-26: Revenue ₹996.46, PBT ₹189.52, PAT ₹140.66
  • FY2024-25: Revenue ₹947.28, PBT ₹40.20, PAT ₹27.70
  • Foreign investment: INR 128.56 Lakhs in wholly owned subsidiary Modern Production FZ LLC, UAE (as on March 31, 2026)

Voting Arrangements

  • Remote e-voting period: From 09:00 AM on June 27, 2026 to 05:00 PM on June 29, 2026
  • Cut-off date for voting rights: June 23, 2026
  • E-voting service provider: Bigshare Services Private Limited
  • Register of members transfer books closure: June 24, 2026 to June 30, 2026 (both days inclusive)
  • Scrutinizer: Mr. Balkrishan Pradhan, Proprietor M/s. B. K. Pradhan & Associates, Company Secretaries
  • VC/OAVM participation: Available to 1000 members on first-come-first-served basis (exceptions for large shareholders, promoters, institutional investors, etc.)