Key Correction

  • Original Error: E-voting service provider mentioned as CDSL
  • Corrected Information: E-voting service provider is NSDL
  • Impact of Correction: No changes to voting percentages, resolution outcomes, or any other data submitted in the original report

AGM Proceedings Details

Meeting: 44th Annual General Meeting

Date: Friday, September 11, 2026

Time: 3:30 PM to 3:55 PM (IST)

Mode: Video Conferencing (VC) / Other Audio Video Means (OAVM)

Cut-off Date for Voting: September 4, 2026

Attendance

Directors and Officials Present:

  • Mr. Mehta J.A. - Chairman and Managing Director
  • Mr. Sarang Pathak - Non Executive Non Independent Director
  • Mr. H.A.Parikh - Non Executive Non Independent Director
  • Mr. Hitesh Rijwani - Independent Director
  • Ms. Reena Kumari - Independent Director
  • Mr. Jainil Bhatt - Chief Financial Officer
  • Mr. Vishal Katarmal - Company Secretary
  • Mr. Shivam Soni - Statutory Auditor
  • Mr. Chintan Patel - Secretarial Auditor (appointed as Scrutinizer)

Voting Process

Remote E-voting Period: September 8, 2026 (9:00 AM) to September 10, 2026 (5:00 PM)

E-voting Service Provider: National Securities Depository Limited (NSDL)

Scrutinizer: Mr. Chintan K. Patel, Practicing Company Secretary

Results Timeline: To be announced within 48 hours of AGM conclusion and forwarded to BSE Limited

Business Items Considered

Nine resolutions were put to vote during the AGM:

Ordinary Business

1. Item 1: Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026 with reports of Board of Directors and Independent Auditor's reports (Ordinary Resolution)

2. Item 2: Re-appointment of Mr. Jayendra Mehta (DIN: 08210602) who retires by rotation (Ordinary Resolution)

Special Business

3. Item 3: Regularization of Additional Director Mr. H.A Parikh (DIN: 00027820) as Non-executive Non Independent Director (Special Resolution)

4. Item 4: Approval of material Related Party Transaction(s) proposed for FY 2026-2027 (Special Resolution)

5. Item 5: Adoption of new Memorandum of Association in line with Companies Act, 2013 (Special Resolution)

6. Item 6: Adoption of new Articles of Association in line with Companies Act, 2013 (Special Resolution)

7. Item 7: Increase in Borrowing Limits under Section 180(1)(C) of Companies Act, 2013 (Special Resolution)

8. Item 8: Approve Investments, Give Loans, Guarantees/Letter of Comfort/Letter of Support and Security Under Section 186 of Companies Act, 2013 (Special Resolution)

9. Item 9: Approval of advancement of any loan/financial assistance/guarantee/security/letter of comfort/letter of support under section 185 of the Act in which Directors are interested (Special Resolution)

Meeting Proceedings

  • The meeting had requisite quorum present
  • Documents required for inspection were made available electronically
  • CFO Mr. Jainil Bhatt apprised members about financial performance and future prospects
  • No questions or queries were raised by shareholders during the AGM
  • All resolutions were approved through e-voting system

Financial Impact

No financial impact quantified in the disclosure. The filing is purely administrative to correct the e-voting service provider name.