AGM Details

The 34th Annual General Meeting will be held on Wednesday, September 23, 2026 at 11:30 AM (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The deemed venue is the Registered Office of the Company at "Zodiac House" 12, Times Corporate Park, Near Baghban Party Plot, Thaltej – Shilaj Road, Ahmedabad - 380059.

Key Dates and Cut-off Dates

  • Cut-off date for determining members entitled to receive Notice of AGM: Friday, August 21, 2026
  • Cut-off date for determining members entitled to receive final dividend: Wednesday, September 16, 2026
  • Dividend Payment Date: On or around Tuesday, September 29, 2026
  • Cut-off date for e-voting: Wednesday, September 16, 2026
  • Remote e-voting period: Sunday, September 20, 2026 (9:00 AM) to Tuesday, September 22, 2026 (5:00 PM)

Business to be Transacted

Ordinary Business:

1. To receive, consider and adopt the audited standalone financial statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors

2. To receive, consider and adopt the audited consolidated financial statements for FY ended March 31, 2026 with report of Auditors

3. To declare final dividend of ₹0.75 (Rupees Seventy-five paisa only) per equity share of face value ₹10 each (7.5% of face value) for FY ended March 31, 2026

  • Resolution covers 1,51,52,633 equity shares
  • Recommended by Board of Directors at meeting held on May 25, 2026

4. To appoint Mrs. Parul Kunjbihari Shah (DIN: 00378095), Whole Time Director, who retires by rotation and offers herself for re-appointment

  • Currently serving as Whole Time Director and longest-serving Board member
  • Board recommends re-appointment based on performance evaluation and Nomination and Remuneration Committee recommendation
Special Business:

5. To consider and approve alteration of Articles of Association for removal of common seal provisions

  • Special Resolution to delete Article Nos. 156 & 157 (Common Seal provisions)
  • Board approved proposal at meeting held on August 13, 2026
  • Purpose: Simplify document execution process, reduce administrative formalities, facilitate ease of doing business
  • Authorization given to Mr. Kunjbihari Shah (Managing Director), Mrs. Parul Shah (Whole-Time Director), or Ms. Divya Joshi (Company Secretary) to file necessary forms with ROC

Dividend Information

  • Final dividend of ₹0.75 per equity share recommended for FY 2025-26
  • Payment to members whose names appear on Register of Members or as Beneficial Owners as of September 16, 2026
  • TDS applicable as per Income Tax Act, 1961 and Finance Act, 2020
  • Members must update PAN, residential status, and category details with Depository Participants or Company
  • Resident individual shareholders can submit Form 15G/15H by September 15, 2026 for non-deduction benefit
  • Non-resident shareholders must submit necessary documents (TRC, Form 10F, etc.) by September 15, 2026 for treaty benefits
  • Unclaimed dividends for 7 years will be transferred to Investor Education and Protection Fund (IEPF)

Director Re-appointment Details (Mrs. Parul Kunjbihari Shah)

  • DIN: 00378095
  • Designation: Whole Time Director
  • Date of Birth: April 11, 1971 (Age: 55)
  • Nationality: Indian
  • Initial Appointment: April 1, 1998
  • Current Term Appointment: September 8, 2017
  • Educational Qualification: Bachelor of Commerce from Gujarat University
  • Experience: 22 years in general administration and business management
  • Current Responsibilities: Residential rooftop solar systems, general administration, Human Resource department
  • Remuneration: ₹60 lakh for FY 2025-26, seeking same remuneration for re-appointment
  • Shareholding: 424,800 equity shares as of March 31, 2026
  • Relationship: Spouse of Mr. Kunjbihari Shah (Managing Director)
  • Board Meeting Attendance: 8 out of 8 meetings in FY 2025-26
  • Not debarred from directorship by SEBI or disqualified under Companies Act, 2013

Voting Procedures

  • Remote e-voting facility provided through National Securities Depository Limited (NSDL)
  • Scrutinizer: M/s. SCS & Co LLP, Practicing Company Secretaries (FRN: L2020GJ008700)
  • Members can vote electronically or attend meeting through VC/OAVM
  • Members must register email addresses for electronic communication
  • Institutional shareholders must submit Board Resolution/Authority Letter to Scrutinizer