Meeting Details

  • Date: Thursday, 24th September 2026
  • Time: 04:00 P.M. IST
  • Location: Conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Deemed Venue: Registered Office at 7th Floor, Plot No. B-28, Bhukhanvala Chambers, Veera Desai Road, Off Link Road, Veera Desai Industrial Estate, Andheri (W), Mumbai – 400053
  • Type of Meeting: Annual General Meeting

Proposed Resolutions and Implications

Ordinary Business

1. Adoption of Financial Statements: To consider and adopt the audited financial statements for FY ended March 31, 2026, together with reports of Board of Directors and Auditors.

2. Re-appointment of Director: To re-appoint Mr. Nizar Nooruddin Rajwani (DIN: 03312143) who retires by rotation and being eligible, offers himself for re-appointment.

Special Business

3. Appointment of Director: To appoint Mrs. Natasha Rajwani (DIN: 11804744) as Non-Executive Non-Independent Director, who was appointed as Additional Director from July 07, 2026.

4. Increase in Remuneration Limit: Special Resolution to increase the overall limit of maximum remuneration payable to all directors in excess of 11% of net profits:

  • To Managing Director/Whole-time Director/Manager: in excess of 10% of net profits
  • To other directors: in excess of 1% of net profits

Voting Process and Methods

  • Remote e-Voting Period: Monday, 21st September 2026 (09:00 A.M.) to Wednesday, 23rd September 2026 (05:00 P.M.) through NSDL
  • Cut-off Date: 17th September 2026 for determining members entitled to vote
  • Voting Methods:
  • Remote e-voting via NSDL platform
  • e-Voting during AGM for members present through VC/OAVM who haven't voted remotely
  • Physical attendance dispensed with as per MCA circulars
  • Scrutinizer: Mr. Ronak Doshi, Practicing Company Secretary appointed to scrutinize voting process

Key Voting Outcomes and Participation

  • The results will be declared after conclusion of e-voting and will be placed on company website (www.crownlifters.com), Bigshare Services website, and NSDL website
  • Results will be simultaneously communicated to Stock Exchanges
  • Members holding shares as on cut-off date (17th September 2026) are entitled to vote
  • Voting rights proportional to shareholding as on cut-off date

Scrutinizer's Role and Findings

  • Mr. Ronak Doshi appointed as Scrutinizer to scrutinize votes cast through e-voting system
  • Will count votes cast at meeting first, then unblock remote e-votes in presence of two witnesses
  • To submit consolidated scrutinizer's report within two working days of conclusion of meeting
  • The report will be submitted to Chairman or authorized person

Compliance with Laws and Regulations

The AGM is convened through VC/OAVM in compliance with:

  • MCA General Circular Nos. 14/2020, 17/2020, 20/2020, 02/2021, 21/2021, 02/2022, 10/2022, 09/2023, and 09/2024
  • SEBI Circular Nos. SEBI/HO/CFD/CMD1/CIR/P/2020/79, SEBI/HO/CFD/CMD2/CIR/P/2022/62, SEBI/HO/CFD/PoD-2/P/CIR/2023/4, SEBI/HO/DDHS/P/CIR/2023/0164, and SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133
  • Companies Act, 2013 provisions
  • SEBI Listing Regulations
  • Secretarial Standard-2 issued by ICSI

Financial Information (FY 2025-26)

  • Income from operations: ₹3,971.91 lakhs (Previous year: ₹3,503.45 lakhs)
  • Total Income: ₹4,251.26 lakhs (Previous year: ₹3,696.07 lakhs)
  • Net Profit After Tax: ₹887.10 lakhs (Previous year: ₹1,898.01 lakhs)
  • Paid-up Share Capital: ₹11,59,00,000 comprising 1,15,90,000 equity shares of ₹10 each
  • Reserves and Surplus: ₹6,578.83 lakhs (Previous year: ₹5,060.09 lakhs)

Director Changes During Year

  • Appointed: Mrs. Natasha Nizar Rajwani (w.e.f 07th July 2026) as Non-Executive Non-Independent Director
  • Demised: Shri. Nooruddin Savji Rajwani (on 28th February 2026)
  • Resigned: Mrs. Payal Yash Gaglani (w.e.f 14th July 2026) as Independent Non-Executive Director

Corporate Governance

  • The company has complied with corporate governance requirements under SEBI LODR Regulations
  • Board comprises 2 executive directors and 3 non-executive directors (including 2 independent directors)
  • Various committees (Audit, Nomination & Remuneration, Stakeholder Relationship) constituted and functional

Other Relevant Information

  • Auditors: M/s. Vishwas & Associates, Chartered Accountants (Statutory Auditors); M/s. Ronak Doshi & Associates, Practicing Company Secretaries (Secretarial Auditors)
  • Registrar and Transfer Agent: Bigshare Services Private Limited
  • CSR Expenditure: ₹15.60 lakhs spent against obligation of ₹15.70 lakhs
  • Dematerialization: 100% shares held in electronic mode
  • Listing: National Stock Exchange of India Limited (NSE Main Board), ISIN: INE491V01019