Meeting Details

The 35th Annual General Meeting of Vishal Bearings Limited was held on Saturday, September 19, 2026 at 11:00 A.M. IST through Video Conference (VC)/Other Audio-Visual Means (OAVM) facility as permitted by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI).

Attendance

  • 44 members were present at the meeting
  • Directors and Key Managerial Personnel in attendance:
  • Dilip Changela (Chairman cum Managing Director)
  • Divyeshkumar Changela (Director)
  • Vijay Changela (Director)
  • Amit Nindroda (Director)
  • Vishal Changela (Chief Financial Officer)
  • Ketankumar Savaliya (Company Secretary & Compliance Officer)
  • Other representatives: M/s Anil Parekh & Co. (Statutory Auditors), M/s K. P. Ghelani & Associates (Secretarial Auditor and Scrutinizer)

Proceedings Summary

The meeting was chaired by Mr. Dilip Changela, Chairman cum Managing Director. Mr. Ketankumar Savaliya, Company Secretary, welcomed members and introduced board members and panelists. Mr. Divyeshkumar Changela, whole-time Director, addressed shareholders with an introductory speech. Mr. Vishal Changela, CFO, provided an overview of operations and financial performance for the year 2025-2026.

The Company Secretary confirmed that the notice, directors' report, and audit reports had been circulated to members and were taken as read. The reports of the Statutory Auditor and Secretarial Auditor were noted to contain no qualifications, observations, or adverse remarks.

M/s K. P. Ghelani & Associates was appointed as Scrutinizer for conducting the e-voting process, with results to be placed on the company website and submitted to stock exchanges as per regulatory requirements.

Agenda Items Considered

Ordinary Business:

  • Item No. 1: Adoption of audited standalone financial statements for the financial year ended March 31, 2026, together with reports of Board of Directors and Auditors (Ordinary Resolution)
  • Item No. 2: Re-appointment of Mr. Divyeshkumar Hiralal Changela (DIN: 00247364) as director who retires by rotation (Ordinary Resolution)

Special Business:

  • Item No. 3: Approval of remuneration of cost auditor of the Company (Ordinary Resolution)

Meeting Duration

The meeting commenced at 11:00 A.M. IST and concluded at 11:36 A.M. IST, lasting 36 minutes.