Re-categorization of Mr. Raghav Agarwal: Change from Non-Executive Non-Independent Director to Executive Non-Independent Director (DIN: 06981525). He is liable to retire by rotation at the ensuing AGM and if eligible, will be re-appointed.
Appointment of Mr. Shanmugam R M: Appointed as Additional Director in the capacity of Non-Executive Independent Director (DIN: 11880982) for a period of two years with effect from August 13, 2026, subject to shareholder approval at the ensuing Annual General Meeting.
Director Profile: Mr. Shanmugam R M holds a degree in Management and brings over two decades of extensive experience in business and administration. He is a businessman based in Coimbatore with extensive experience in the construction materials sector, associated with Shanmugam & Co. operating under the brand name "Terramart." He has practical experience in business operations, customer relationship management, procurement, sales, and overall management of commercial activities within the construction materials industry.
Eligibility Confirmation: Mr. Shanmugam is not related to any of the Directors of the Company. He is not disbarred from holding the office of Director by virtue of any order of SEBI or any other statutory authority. He has confirmed that he meets the criteria of "Independence" under Section 149 of the Companies Act, 2013 and Regulation 16 of the SEBI Listing Regulations.
Cessation of Mr. Gaurav Jain: The tenure of Mr. Gaurav Jain as an Independent Director is completing on September 19, 2026, and he will demit office on that date due to his expressed unwillingness to continue in view of pre-occupation.
Key Financial or Operational Approvals
The Board approved the unaudited Financial Results of the Company for the quarter ended June 30, 2026. The results are accompanied by a Limited Review Report of the Auditors (Annexure A).
Strategic or Business Context
No specific business outlook, risk commentary, or strategic updates were disclosed in this filing.
Any Other Material Information
32nd Annual General Meeting: Scheduled for Wednesday, September 23, 2026, to be held through Video Conferencing and Other Audio-Visual Means (OAVM).
Book Closure: The Register of Members and Share Transfer Books will remain closed from September 17, 2026 to September 23, 2026 (both days inclusive) for determining eligibility of equity shareholders for Dividend, if approved by shareholders. The record date for determining members eligible to receive dividend will be September 17, 2026.
Meeting Duration: The board meeting commenced at 03:30 PM and concluded at 5:50 PM on August 13, 2026.
Regulatory Compliance: The disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025{FD-POD2/I/3762/2026 dated January 30, 2026.
