Meeting Details

  • Date: Tuesday, 29th September, 2026
  • Time: Commenced at 11:45 AM and concluded at 12:10 PM
  • Location: Conducted through Video Conferencing/Other Audio Visual Means without physical presence
  • Deemed Venue: Registered Office of the Company at 313-315, Orchid Plaza, Bh. McDonald's, Sama Savli Road, Vadodara – 390008
  • Meeting Type: 12th Annual General Meeting

Attendees

Directors Present:

  • Mr. Nikesh Kishorchandra Choksi (Chairman & Managing Director)
  • Mr. Richi Nikeshbhai Choksi (Whole-time Director)
  • Mrs. Priyanka Richi Choksi (Whole-time Director)
  • Mr. Vishal Ranchhodbhai Thakarani (Independent Director)
  • Mrs. Sneha Parth Varma (Independent Director)
  • Mr. Laxmi Narayana Mishra (Independent Director)
  • Mr. Sagar Natvarlal Tailor (Independent Director)

Directors Absent:

  • Mrs. Reema Nikesh Choksi (Non-Executive Director)

Other Attendees:

  • Mr. Kashyap Shah (Secretarial Auditor and Scrutinizer for AGM Voting)
  • Ms. Swati Mehta (Representative of M/s. Mukund & Rohit, Statutory Auditor)
  • Mr. Dipesh Patel (Chief Financial Officer)
  • Mrs. Kavaljit Parmar (Company Secretary)

Shareholder Participation:

  • Total shareholders as of record date (22nd September, 2026): 5,929
  • Members attended through VC/OAVM: 38

Resolutions Considered

Ordinary Business:

1. Item 1(A): To consider, approve and adopt the Audited Standalone Financial Statements for FY ended 31st March, 2026 (Ordinary Resolution)

2. Item 1(B): To consider, approve and adopt the Audited Consolidated Financial Statements for FY ended 31st March, 2026 (Ordinary Resolution)

3. Item 2: To declare final dividend for FY 2025-26 at rate of 10% (Re. 1 per Equity Share) (Ordinary Resolution)

4. Item 3: To appoint Mrs. Priyanka Richi Choksi (DIN: 07020969) as Director who retires by rotation (Ordinary Resolution)

5. Item 4: To appoint M/s. KSPS & Co. LLP (LLPIN: ABC-4707) as Secretarial Auditors (Ordinary Resolution)

6. Item 5: To approve Material Related Party Transaction limits with Viviana Life Spaces Private Limited (Ordinary Resolution)

Special Business:

7. Item 6: To alter Articles of Association for insertion of provisions relating to appointment of Nominee Director by Debenture Trustee (Special Resolution)

Voting Process

  • Remote e-voting period: 24th September, 2026 (9:00 AM) to 28th September, 2026 (5:00 PM)
  • E-voting platform: NSDL
  • Voting during meeting: Members present through VC/OAVM who hadn't voted remotely could vote electronically during meeting
  • Post-meeting voting: E-voting facility kept open for 15 minutes after conclusion of meeting
  • Scrutinizer: Mr. Kashyap Shah, Practising Company Secretary, appointed to scrutinize remote e-voting and electronic voting process

Additional Information

  • The Notice convening AGM and Statutory Auditor's Report were taken as read
  • Statutory Auditor's Report contained no qualifications, observations or adverse remarks
  • Secretarial Auditor's Report contained certain qualifications which were noted and acknowledged
  • Registers and documents required under Companies Act, 2013 were made available for electronic inspection
  • One Member requested registration as Speaker Shareholder but did not join the meeting
  • No questions or queries were raised during the meeting

Compliance Statement

The meeting was conducted in compliance with applicable provisions of:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Applicable Circulars issued by Ministry of Corporate Affairs