Meeting Details

  • Date: Wednesday, 30th September, 2026
  • Time: Commenced at 12:30 p.m. and concluded at 1:05 p.m.
  • Venue: 69/A, GIDC Industrial Estate, Vapi - 396195, Dist. Valsad, Gujarat
  • Type: 45th Annual General Meeting

Meeting Proceedings and Attendance

Dr. Dinesh S. Patel, Chairman of the Company, chaired the meeting. The requisite quorum was present as per Section 103 of the Companies Act, 2013. All Directors including Chairman of the Audit, Nomination & Remuneration and Stakeholder's Relationship Committees were present. Mr. Amit Maheshwari, Representative of M/s. GMJ & Co., Chartered Accountants (Statutory Auditor of the Company) was present. Mr. Ketan R. Shirwadkar, Proprietor of M/s. KRS AND CO., Practicing Company Secretary was appointed as Scrutinizer for conducting e-voting and voting at the meeting.

Voting Process

The Company provided remote e-voting facility to its members on all resolutions set out in the Notice of AGM, pursuant to the Companies Act, 2013 and SEBI Listing Regulations. Facility for voting through Ballot Paper was made available to members present at the venue who had not cast their votes by remote e-voting. The Chairman stated that the result of e-voting and voting through Ballot Paper would be disseminated to the Stock Exchanges and uploaded on Company's and CDSL websites within two working days of the conclusion of the Meeting.

Resolutions Considered

Ordinary Businesses:

1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 together with Reports of the Board of Directors and Auditors thereon.

2. To appoint a Director in place of Dr. Dinesh S. Patel (DIN: 00033273) who retires by rotation and being eligible, offers himself for re-appointment.

3. To declare dividend on equity shares for the financial year ended 31st March, 2026.

Special Businesses:

4. Ratification of Remuneration of Cost Auditor for the financial year 2026-27.

5. Payment of Commission to Dr. Dinesh S. Patel (DIN: 00033273) Non-Executive Chairman.

6. Payment of Commission to Dr. Sachin D. Patel (DIN: 00033353) Non-Executive Director.

7. Approval to avail loan and guarantee from Promoters / Promoters Group to finance acquisition / growth opportunities.

8. Raising funds by issue of Equity Shares through Preferential Issue.

9. Amendment in Articles of Association of the Company.

Additional Information

The members were briefed about the resolutions, Auditor report, and annual report. Shareholders' queries relating to Financial Statements and related items were satisfactorily replied to. The Managing Director updated members about the business activities of the Company. All resolutions were put for shareholders' approval as set out in the Notice calling the Meeting.

Compliance and Signatories

The document is signed by Vineet Gawankar, Company Secretary & Compliance Officer, confirming compliance with applicable regulations. The Scrutinizer's findings and detailed voting outcomes will be disclosed separately within the stipulated timeline.