Date, Location, and Type of Meeting

The 13th Annual General Meeting was held on Wednesday, September 30, 2026, from 12:30 P.M. to 01:10 P.M. (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM) without physical presence of members, in compliance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.

Summary of Proposed Resolutions

The meeting considered 11 resolutions for shareholder approval:

Ordinary Business:

  • Consideration and adoption of Audited Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors (ordinary resolution)
  • Appointment of Mr. Sanjay Kumar Punglia (DIN: 02162102) as director retiring by rotation (ordinary resolution)
  • Appointment of Mr. Ajay Pungalia (DIN: 02162190) as director retiring by rotation (ordinary resolution)

Special Business:

  • Ratification of remuneration payable to Cost Auditors for FY ending March 31, 2027 (ordinary resolution)
  • Payment of remuneration to Mr. Ajay Pungalia (DIN: 02162190) Whole-time Director in event of absence or inadequacy of profits (special resolution)
  • Payment of remuneration to Mr. Vishnu Prakash Punglia (DIN: 02162019) Whole-time Director in event of absence or inadequacy of profits (special resolution)
  • Payment of remuneration to Mr. Kamal Kishor Pungalia (DIN: 02168426) Whole-time Director in event of absence or inadequacy of profits (special resolution)
  • Payment of remuneration to Mr. Sanjay Kumar Punglia (DIN: 02162102) Whole-time Director in event of absence or inadequacy of profits (special resolution)
  • Increase in Authorised Share Capital and subsequent Alteration of Capital Clause of Memorandum of Association (ordinary resolution)
  • Conversion of unsecured loan of Directors Cum Promoters into equity shares (special resolution)
  • Issuance of Fully Convertible Warrants on preferential basis to persons belonging to "Non-Promoter-Public Category" (special resolution)

Voting Process and Methods

  • Remote e-voting facility was provided through MUFG Intime India Private Limited from Sunday, September 27, 2026 at 9:00 AM to Tuesday, September 29, 2026 at 5:00 PM
  • Electronic voting facility was also made available at the meeting for members who had not cast votes by remote e-voting
  • Physical attendance was dispensed with, and therefore facility for appointment of Proxy was not available

Key Voting Outcomes

Voting results were not provided in this document. The scrutinizer's report on the result of remote e-voting and e-voting at meeting will be made available within two working days of the meeting. The Company will separately intimate the voting results to the stock exchanges and upload them on the company website and MUFG Intime India Private Limited website.

Scrutinizer's Role

CS Mahesh Soni, Practicing Company Secretary (FCS No.: 3706, COP No.: 2324) of GMJ & Associates, Company Secretaries, was appointed as the Scrutinizer to scrutinise the voting through electronic means (remote e-voting and voting at the meeting through electronic voting system).

Compliance Confirmation

The meeting was conducted in compliance with General Circulars issued by the Ministry of Corporate Affairs, circulars issued by SEBI, and applicable provisions of the Companies Act, 2013 and rules made thereunder.

Attendees and Proceedings

  • Mrs. Monica Purohit, Company Secretary, welcomed members, directors and other invitees
  • Statutory Auditors, Chairperson of Audit Committee, Nomination & Remuneration Committee and Stakeholders Relationship Committee were present through Audio-Visual Means
  • Mr. Vishnu Prakash Punglia, Chairperson of the Board of Directors, chaired the Meeting
  • Mr. Manohar Lal Punglia, Managing Director, updated members on industry, business scenario and financial performance
  • Members who pre-registered were given opportunity to speak, and responses were provided by Mr. Vinod Kumar Pungalia, CFO

Additional Information

  • Company CIN: L45203MH2013PLC243252
  • BSE Scrip Code: 543974
  • NSE Scrip Symbol: VPRPL
  • Corporate office: B-31/32, Second Floor, Industrial Estate, New Power House Road, Jodhpur-342003, Rajasthan