Board Meeting Details

The Board of Directors meeting was held on Thursday, August 27, 2026 from 02:00 P.M to 05:00 P.M where the Annual Report was approved.

Financial Performance (Amounts in ₹)

FY2025-2026 Performance:

  • Revenue from operations including other income: ₹7,11,49,500
  • Total Expenses: ₹6,43,98,000
  • Profit before tax: ₹67,51,500
  • Current Tax: ₹11,29,900
  • Profit after tax: ₹56,21,600
  • Transfer to General Reserve: ₹56,21,600
  • No dividend recommended for the year

FY2024-2025 Comparison:

  • Revenue from operations including other income: ₹6,30,38,600
  • Total Expenses: ₹5,73,91,400
  • Profit before tax: ₹56,47,200
  • Current Tax: ₹8,81,000
  • Profit after tax: ₹47,66,200
  • Transfer to General Reserve: ₹47,66,200

Net Worth: ₹13,00,85,573 as on March 31, 2026 (₹9,67,43,940 as on March 31, 2025)

Share Capital Changes

Preferential Allotment (September 9, 2025):

  • Allotted 12,60,000 Equity Shares of face value ₹10 each at premium of ₹12 per share
  • Issue price: ₹22 per share
  • Total funds raised: ₹2,77,20,000
  • Allottees: Non-promoter category
  • Utilization: ₹2,07,90,000 for working capital requirements and ₹69,30,000 for general corporate purposes

Share Capital Structure:

  • Authorized Share Capital: ₹10,00,00,000 divided into 1,00,00,000 Equity Shares of ₹10 each
  • Issued, Subscribed and Paid-up Capital: ₹5,69,83,240 divided into 56,98,324 equity shares of ₹10 each (previously ₹4,43,83,240 divided into 44,38,324 equity shares)

45th Annual General Meeting Details

Date: Friday, September 25, 2026

Time: 03:00 P.M

Venue: Registered Office at Bhagwant Kuti Kankhal, Haridwar, Uttarakhand-249408

Cut-off Date: September 18, 2026

Agenda Items:

1. Ordinary Business:

  • Adoption of audited financial statements for FY2025-2026
  • Re-appointment of Mr. Arihant Kumar Jain (DIN: 06401053) who retires by rotation

2. Special Business:

  • Increase overall managerial remuneration payable in excess of 11% of net profits
  • Revision in managerial remuneration payable to Mr. Tosh Kumar Jain (DIN: 01540363), Managing Director
  • Revision in managerial remuneration payable to Mr. Arihant Kumar Jain (DIN: 06401053), Whole-time Director
  • Revision in managerial remuneration payable to Mrs. Monika Jain (DIN: 03403491), Whole-time Director

Corporate Governance

Board Composition:

  • Mr. Tosh Kumar Jain (Chairman & Managing Director)
  • Mr. Arihant Kumar Jain (Whole-time Director)
  • Mrs. Monika Jain (Whole-time Director)
  • Mrs. Shruti Gupta (Independent Director)
  • Mr. Rajesh Kumar Gupta (Independent Director, appointed August 13, 2025)
  • Mrs. Cheena Golani (Independent Director, appointed August 13, 2025)

Board Meetings: 11 meetings held during FY2025-2026

Committee Structure:

  • Audit Committee: 4 meetings held
  • Nomination & Remuneration Committee: 4 meetings held
  • Stakeholders Relationship Committee: 4 meetings held

Related Party Transactions

Transactions entered with related parties in ordinary course of business:

  • Remuneration to directors and key managerial personnel
  • Interest-free loan received from Mrs. Monika Jain (Whole-time Director): ₹56,000
  • Loan repaid to Mrs. Monika Jain: ₹14,132.3

Other Material Information

Registrar & Transfer Agent: Changed from M/S MAS Services Limited to M/S Nivis Corpserve LLP with effect from June 17, 2026

Plant Location: Bhagwant Kuti, Kankhal, Haridwar-249408 (Uttarakhand)

Bankers: State Bank of India, Punjab National Bank, Yes Bank, Bank of Baroda, Axis Bank, HDFC Bank Limited

Employee Strength: 18 employees as on March 31, 2026

CSR: Provisions of Section 135 of Companies Act, 2013 not applicable to the company

Voting Arrangements

Remote e-voting Period: September 22, 2026 (9:00 A.M) to September 24, 2026 (5:00 P.M)

Scrutinizer: Mr. Ramesh Chandra Sharma of R.C. Sharma and Associates

e-Voting Agency: National Securities Depository Limited (NSDL)