Vishal Fabrics Limited held its 41st Annual General Meeting (AGM) on Tuesday, August 11, 2026. The meeting was conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM) in compliance with Ministry of Corporate Affairs (MCA) circulars and SEBI regulations under the Companies Act, 2013.

Meeting Details

  • Date and Time: August 11, 2026, from 11:00 AM to 11:45 AM IST
  • Mode: Video conferencing and other audio-visual means
  • Duration: 45 minutes

Attendance

Directors Present:

  • Brijmohan D. Chiripal (Managing Director, DIN: 00290426)
  • Ravindrakumar Bajaj (Whole Time Director)
  • Roma Sanghavi (Women Independent Director)
  • Susanta Kumar Panda (Independent Director, DIN: 07917003)
  • 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. The meeting was called to order after confirming quorum presence.

Mr. Brijmohan D. Chiripal, Chairman, delivered a speech covering:

  • Financial performance of the company
  • Company achievements
  • Future plans of the company
  • Thanks to members for their faith and confidence

Mr. Dharmesh Dattani, Chief Financial Officer, presented a detailed insight of financial performance during FY 2025-26.

The Auditor's Report for FY ended March 31, 2026 contained no qualifications, observations, or comments, and therefore was not required to be read at the meeting.

Business Transacted

The following items from the AGM notice were transacted through remote e-voting:

Ordinary Business:

1. Adoption of Audited Financial Statements for financial year ended March 31, 2026, together with reports of Board of Directors and Auditors (Ordinary Resolution)

2. Re-appointment of Mr. Arvind Pandey (DIN: 10637419) who retires by rotation (Ordinary Resolution)

Special Business:

3. Ratification of remuneration of cost auditor of the company (Ordinary Resolution)

4. Reappointment 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 website and submitted to stock exchanges as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Member Interaction

Members who registered as speakers were given fair opportunity to express views/ask questions, which were adequately answered/clarified.