Key Board Approvals and Decisions:
1. Extra-Ordinary General Meeting (EGM) Convening
- The Board approved convening an Extra-Ordinary General Meeting (EGM) of members on Friday, 28th August, 2026.
- The purpose is to seek member approval via Special Resolution for the continuation of Mr. Shantilal Ishawarlal Patel (DIN: 01362109) as Whole-Time Director after he attains the age of 70 years.
- This approval is sought pursuant to Section 196(3)(a) of the Companies Act, 2013 and applicable SEBI LODR Regulations.
2. EGM Voting Arrangements
- Approved the cut-off date for determining member eligibility to vote on EGM resolutions.
- Approved the remote e-voting schedule for the EGM.
3. Scrutinizer Appointment
- Appointed Mr. Manish R. Patel, Practicing Company Secretary (Membership No. 19885; CP No. 9360), as Scrutinizer to oversee the remote e-voting process and voting at the EGM in a fair and transparent manner.
4. Secretarial Auditor Resignation
- Accepted the resignation of M/s. JDM & Associates LLP (LLPIN: ACO-1243) as Secretarial Auditor, effective from close of business hours on 30th July, 2026.
- The resignation was due to "pre-occupation with other professional assignments."
- The Board placed on record its appreciation for the firm's services during its tenure.
5. New Secretarial Auditor Appointment
- Appointed Mr. Manish R. Patel, Practicing Company Secretary (Membership No. 19885; CP No. 9360), as the new Secretarial Auditor to fill the casual vacancy caused by the resignation.
- He will conduct the Secretarial Audit for the Financial Year 2025-26 and hold office until the conclusion of the ensuing Annual General Meeting.
- Mr. Patel has over 21 years of experience in corporate laws, governance, and compliance, particularly with listed companies across sectors. He became an Associate Member of ICSI in 2006 and has been practicing in Surat since 2009.
- He holds NIL shares in the company.