Board Meeting Details

The Board of Directors meeting was held on Tuesday, September 8, 2026, commencing at 06:15 PM and concluding at 07:00 PM. The meeting approved the agenda for the AGM.

Annual General Meeting Details

  • Date: Wednesday, September 30, 2026
  • Time: 04:30 PM
  • Mode: Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Cut-off date for voting: Wednesday, September 23, 2026

E-Voting Schedule

  • Commencement: Saturday, September 26, 2026 at 9:00 AM
  • Conclusion: Tuesday, September 29, 2026 at 5:00 PM
  • E-Voting Agency: Central Depository Services (India) Limited (CDSL)
  • Scrutinizer: Mr. Utkarsh Shah, Practicing Company Secretary (M/s. Utkarsh Shah & Co)

Business to be Transacted

Ordinary Business:

1. To receive, consider, approve and adopt the Annual Audited Standalone Financial Statements for FY ended March 31, 2026 together with Reports of Board of Directors and Auditors

2. To reappoint Mr. Avanishkumar Manojkumar Patel (DIN: 02724940) as Director retiring by rotation

Special Business:

3. To shift Registered Office from Rajasthan to Gujarat (Special Resolution)

  • Requires approval of Regional Director, Ministry of Corporate Affairs
  • Proposed alteration of Clause II of Memorandum of Association
  • Stated rationale: Administrative convenience, operational efficiency, cost-effectiveness

4. Regularization of Mr. Hemang Harshadray Joshi as Director (Ordinary Resolution)

  • Appointed as Additional Director effective August 18, 2026
  • DIN: 07831487
  • Qualification: Diploma in Electronics & Telecommunication Engineering
  • Experience: 23 years in business strategy, general management, marketing

Financial Performance (FY 2025-26)

| Particulars | FY 2025-26 (₹ in Lacs) | FY 2024-25 (₹ in Lacs) |

| Revenue from Operations | 0.00 | 0.00 |

| Other Income | 1.28 | 9.65 |

| Total Revenue | 1.28 | 9.65 |

| Total Expenses | 33.09 | 24.02 |

| EBIDTA | (31.81) | (14.37) |

| Finance Cost | 0.00 | 0.00 |

| Depreciation | 0.00 | 0.00 |

| Profit Before Tax | (31.81) | (14.37) |

| Tax Expense | (0.26) | 0.72 |

| Profit After Tax | (32.06) | (13.65) |

Key Financial Position (as of March 31, 2026)

  • Equity Share Capital: ₹1,560.00 lakhs (15,600,000 shares of ₹10 each)
  • Other Equity: Negative ₹1,597.83 lakhs
  • Total Assets: ₹24.00 lakhs
  • Current Liabilities: ₹61.84 lakhs
  • Cash & Cash Equivalents: ₹1.16 lakhs
  • Trade Payables: ₹60.96 lakhs

Director Changes

  • Resignations:
  • Shiv Kumar Singhal (resigned w.e.f. July 23, 2026)
  • Shweta Amit Tolwani, CS (resigned w.e.f. January 30, 2026)
  • Appointments:
  • Hemang Harshadray Joshi (Appointed w.e.f. August 18, 2026)
  • Rukaiya Mufazzal Shakir, CS (Appointed w.e.f. April 1, 2026)

Board Composition (as of March 31, 2026)

1. Shiv Kumar Singhal - Chairman and Whole-time director (DIN: 00075934)

2. Avanishkumar Manojkumar Patel - Managing director (DIN: 02724940)

3. Sonu Gupta - Non-Executive Independent Director (DIN: 07333591)

4. Shakti Singh Shekhawat - Non-Executive Independent Director (DIN: 05167933)

5. Ila Sunil Trivedi - Non-Executive Independent Director (DIN: 10297697)

Auditors

  • Statutory Auditors: M/s. Rajeshkumar P. Shah & Co, Chartered Accountants (Firm Reg. No. 129110W)
  • Appointed for 5 years until conclusion of 31st AGM in 2028
  • Secretarial Auditors: M/s. Utkarsh Shah & Co, Company Secretaries

Secretarial Audit Observations

1. Non-implementation of System Driven Disclosures (SDD) under Regulation 7(2) read with Schedule VII of SEBI (PIT) Regulations, 2015

2. Non-publication of financial results in newspapers within stipulated timelines under Regulation 47 of SEBI (LODR) Regulations, 2015

Dividend and Reserves

No dividend recommended for FY 2025-26. No transfer to reserves during the period.

Shareholding Pattern (as of March 31, 2026)

  • Promoters: 30,98,870 shares (19.86%)
  • Public: 1,25,01,130 shares (80.14%)
  • Total: 1,56,00,000 shares
  • Dematerialized: 98.99% of share capital

Corporate Governance

  • Compliance with SEBI Listing Regulations and Companies Act, 2013
  • Code of Conduct adopted for Directors and Senior Management
  • Vigil Mechanism/Whistle Blower Policy in place
  • No cases filed under Sexual Harassment of Women at Workplace Act, 2013

Important Dates

  • Record Date for AGM: September 4, 2026
  • AGM Date: September 30, 2026
  • E-Voting Period: September 26-29, 2026
  • Financial Year: April 1, 2025 to March 31, 2026