Key Event Details
- The EGM was convened and held on Friday, August 28, 2026, at 04:00 P.M. (IST).
- The meeting was conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM).
- The meeting concluded at 04:20 P.M. (IST) on the same day.
Business Transacted
A single item of Special Business was proposed for shareholder approval:
- Special Resolution: Approval for the continuation of the appointment of Mr. Shantilal Ishwarlal Patel (DIN: 01362109) as Whole-Time Director upon attaining the age of 70 years, pursuant to Section 196(3)(a) of the Companies Act, 2013.
Voting Process
- The facility for remote e-voting was provided by NSDL.
- The remote e-voting period began on Tuesday, August 25, 2026, at 09:00 a.m. (IST) and ended on Thursday, August 27, 2026, at 5:00 p.m. (IST).
- An e-voting facility was also provided to shareholders present at the EGM through VC/OAVM who had not cast their votes earlier. This facility remained available during the meeting and for 15 minutes after its conclusion.
- Mr. Manish R. Patel, Practicing Company Secretary, was appointed as the Scrutinizer to supervise the e-voting process and provide the combined voting results.
Parties Involved
- Chairman: Mr. Pradipkumar Ratilal Navik, Managing Director.
- Company Secretary & Compliance Officer: Mrs. Anita Digbijay Paul (M.NO.: F9282(ICSI)).
- Scrutinizer: Mr. Manish R. Patel, Practicing Company Secretary.
- Other attendees included all Directors, KMPs, and Statutory Auditors.
Notification and Communication
- The notice convening the EGM was sent to shareholders via e-mail.
- The notice was published in newspapers on August 06, 2026 (Financial Express in English and Lok Mitra in Gujarati).
Financial Impact
Financial impact not quantified in the disclosure.