Vishal Fabrics Limited held its 41st Annual General Meeting on Tuesday, August 11, 2026, from 11:00 AM to 11:49 AM IST through video conferencing and other audio-visual means (VC/OAVM). The meeting was conducted in compliance with MCA circulars, SEBI regulations, and the Companies Act, 2013.
Attendance
Directors Present:
- Brijmohan D. Chiripal (Managing Director)
- Ravindrakumar Bajaj (Whole Time Director)
- Roma Sanghavi (Women Independent Director)
- Susanta Kumar Panda (Independent Director)
- Ram Krishna Dash (Independent Director)
Other Participants:
- Dharmesh Dattani (Chief Financial Officer)
- Dilip Nikhare (Company Secretary)
- M/s. Chirag Shah & Associates (Secretarial Auditors and Scrutinizers)
Meeting Proceedings
The Company Secretary welcomed members and introduced the directors and secretarial auditors. Mr. Brijmohan D. Chiripal, Managing Director, chaired the meeting and delivered a speech covering the company's financial performance, achievements, and future plans. Mr. Dharmesh Dattani, CFO, presented a detailed insight into the financial performance for FY 2025-26.
Since there were no qualifications, observations, or comments in the Auditor's Report on the Financial Statements for the year ended March 31, 2026, the report was not required to be read at the meeting.
Business Transacted
The following resolutions were put to vote through remote e-voting:
Ordinary Business:
1. Adoption of Audited Financial Statements for the financial year ended March 31, 2026, together with reports of the Board of Directors and Auditors (Ordinary Resolution)
2. Re-appointment of Mr. Arvind Pandey (DIN: 10637419) as director who retires by rotation (Ordinary Resolution)
Special Business:
3. Ratification of remuneration of cost auditor of the company (Ordinary Resolution)
4. Re-appointment of Mr. Susanta Kumar Panda (DIN: 07917003) as an independent director (Special Resolution)
Voting and Scrutiny
M/s. Chirag Shah and Associates, Practicing Company Secretary, were appointed as Scrutinizers to supervise the e-voting process. The combined results of e-voting and voting during the AGM will be announced on the company's website and submitted to stock exchanges as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Additional Information
Members were given fair opportunity to express views/ask questions, which were adequately answered/clarified. The company's registered office is at Shanti Corporate House, Nr. Hira Rupa Hall, Bopal-Ambli Rd, Bopal, Ahmedabad - 380058, Gujarat, India.