Vishal Fabrics Limited has issued notice for its 41st Annual General Meeting to be held on Tuesday, August 11, 2026 at 11:00 AM IST through Video Conferencing/Other Audio-Visual Means facility.
AGM Logistics and Timing
The AGM will be conducted virtually in compliance with MCA General Circulars permitting virtual meetings until September 2026. The deemed venue for the AGM is the Registered Office of the Company at Shanti Corporate House, Nr. Hira Rupa Hall, Bopal-Ambli Rd, Bopal, Ahmedabad - 380058, Gujarat, India.
Book Closure Period
The Register of Members and Share Transfer Books will remain closed from Wednesday, August 5, 2026 to Monday, August 10, 2026 (both days inclusive) for the purpose of the AGM.
E-Voting Details
Remote e-voting will be available for shareholders from Saturday, August 8, 2026 at 10:00 AM IST to Monday, August 10, 2026 at 5:00 PM IST. The cut-off date for determining voting eligibility is Tuesday, August 4, 2026. Mr. Chirag Shah, Practicing Company Secretary (FCS: 5545 COP: 3498) has been appointed as Scrutinizer to oversee the voting process.
Business Agenda
Ordinary Business:
1. To receive, consider and adopt the Audited Financial Statements for the financial year ended March 31, 2026 together with reports of Board of Directors and Auditors
2. To appoint Mr. Arvind Pandey (DIN: 10637419) who retires by rotation and being eligible offers himself for re-appointment
Special Business:
3. Ratification of remuneration of Cost Auditor M/s. A.G. Tulsian and Co, Practicing Cost Accountants (FRN: 100629) at remuneration not exceeding ₹50,000 plus reimbursement of out-of-pocket expenses for conducting audit of cost records for financial year ending March 31, 2027
4. Reappointment of Mr. Susanta Kumar Panda (DIN: 07917003) as Independent Director for a second term of 5 years from June 1, 2026 to May 31, 2031
Director Details
Mr. Susanta Kumar Panda is an Indian Revenue Service (IRS) officer of 1982 Batch who superannuated from Government of India in April 2019. He holds graduate degree in Political Science (Hons) from Ravenshaw College, post graduate in Political Science from Hindu College, University of Delhi, and law graduate from C.C.S University, Meerut. He currently draws sitting fees of ₹2,50,000 for board and committee meetings and holds no shares in the company. He attended 5 board meetings during FY 2025-26.
Shareholder Information
Annual Report for FY 2025-2026 will be sent electronically to shareholders whose email IDs are registered with the depository or company. The documents are also available on company website https://vishalfabricsitd.com/annual-reports/ and Link Intime website https://instavote.linkintime.co.in/
Technical Details
Shareholders can access the meeting through InstaMeet platform at https://instameet.in.mpms.mufg.com using demat account number, folio number, or PAN. Helpdesk support is available at instameet@in.mpms.mufg.com or telephone 022-4918 6000/4918 6175.