Meeting Details

The 44th Annual General Meeting was held on Friday, 11th September, 2026 at 03:30 P.M. through Video Conferencing (VC) / Other Audio Video Means (OAVM). The meeting concluded at 3:55 P.M. (IST).

Attendance

The following individuals were present at the meeting:

  • 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

Voting Process

The company provided remote e-voting facilities through CDSL for members whose names appeared in the Register of Members/Beneficial Owners as on 4th September, 2026 (Cut-off Date).

The remote e-voting period was open from Tuesday, September 8th, 2026, 9:00 a.m. to Thursday, September 10th, 2026, 5:00 p.m. Additional voting facilities were available during the AGM and until 15 minutes after conclusion for members who hadn't voted previously.

Mr. Chintan K. Patel, Practicing Company Secretary, was appointed as the Scrutinizer for remote e-voting and voting at AGM. The combined results were scheduled to be announced within 48 hours of the conclusion of the AGM and forwarded to BSE Limited and uploaded on the company's website.

Agenda Items

The following business items were considered for member approval through e-voting:

Ordinary Business:

1. Adoption of Audited Standalone and Consolidated Financial Statements for the financial year ended March 31st, 2026, together with reports of Board of Directors and Independent Auditor's reports thereon (Ordinary Resolution)

2. Appointment of Director in place of Mr. Jayendra Mehta (DIN: 08210602) who retires by rotation and offers himself for re-appointment (Ordinary Resolution)

Special Business:

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

4. Approval of material Related Party Transaction(s) proposed to be entered into during Financial Year 2026-2027 (Special Resolution)

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

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

7. Increase in Borrowing Limits Under Section 180(1)(C) of the Companies Act, 2013 (Special Resolution)

8. Investments, Loans, Guarantees/Letter of Comfort/Letter of Support and Security Under Section 186 of the Act (Special Resolution)

9. Advancement of 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 Company Secretary welcomed members and explained the video conference participation process. The Chairman confirmed that requisite quorum was present and that documents required for inspection were made available electronically.

Mr. Jainil Bhatt, CFO, apprised members about the company's financial performance and future prospects. No registered speaker shareholders raised questions or queries during the AGM.

The Chairman affirmed that all feasible efforts were made to enable member participation and voting.

Note

The document specifically states that it does not constitute the minutes of the proceedings of the Annual General Meeting.