Key Decisions and Approvals
1. Director's Report Approval
The Board of Directors considered and approved the Director's Report for the financial year ended March 31, 2026, as per Section 134 of the Companies Act, 2013 and SEBI Listing Regulations.
2. Secretarial Audit Report Note
The Board took note of the Secretarial Audit Report presented by M/s. RPSS & Co, Practicing Company Secretary, Ahmedabad for FY ended March 31, 2026, as per Section 204 of Companies Act, 2013.
3. Borrowing Powers Increase
The Board approved the increase in borrowing powers of the company under Section 180(1)(c) of the Companies Act, 2013.
4. Loans and Investments Limits Increase
The Board approved the increase in limits of loans and investments by the company under Section 186 of the Companies Act, 2013.
5. Authorized Share Capital Increase
The Board approved the increase in authorized share capital of the company and alteration of capital clause of Memorandum of Association, subject to shareholder approval.
- Previous Capital: ₹8,00,00,000 (Rupees Eight Crore Only) divided into 80,00,000 (Eighty Lakh) Equity Shares of ₹10 each
- New Capital: ₹11,00,00,000 (Rupees Eleven Crore Only) divided into 1,10,00,000 (One Crore Ten Lakh) Equity Shares of ₹10 each
- Increase Amount: ₹3,00,00,000 (Three Crore Rupees)
6. Secretarial Auditor Appointment
The Board approved the appointment of M/s. RPSS & Co., Practicing Company Secretaries, Ahmedabad as Secretarial Auditor for FY 2026-27.
- Firm Profile: RPSS & Co. was formed in 2023 and provides services in Corporate Legal Compliance, Secretarial Audit, Corporate Governance Audit, Corporate Restructuring, Regulatory Approvals, and company incorporations.
7. Annual General Meeting Arrangements
The Board approved the draft notice for calling the 16th Annual General Meeting to be held on Friday, August 7, 2026 at 11:30 A.M. at 402, Sheel Complex, Mayur Colony, Mithakhali, Navrangpura, Ahmedabad-380009, Gujarat.
8. Record Date Determination
The Record Date for determining eligibility of Members for remote e-voting and attendance at the 16th Annual General Meeting is July 31, 2026.
9. Scrutinizer Appointment
The Board approved the appointment of M/s RPSS & Co., Practicing Company Secretary, Ahmedabad as Scrutinizers for remote e-voting and voting at the AGM.
10. E-Voting Agency Appointment
The Board approved the appointment of Central Depository Services (India) Limited (CDSL) as E-Voting Agency for remote e-voting facility at the AGM.
Meeting Details
- Meeting Date: July 10, 2026
- Commencement Time: 11:30 a.m.
- Conclusion Time: 12:40 noon
- Duration: 1 hour 10 minutes