The meeting concluded at 4:30 P.M. after transacting the following items of business:

Financial Results:

  • Considered and approved the Unaudited Financial Result (Standalone & Consolidated) for the Quarter ended 30th June, 2026
  • Taken on record the Standalone and Consolidated Auditor's Limited Review report with an unmodified opinion on the Financial Results for the Quarter ended 30th June, 2026

Annual General Meeting Arrangements:

  • Considered and approved Board's report along with its annexures for the Financial Year ended 31st March, 2026
  • Approved the Notice of the 38th Annual General Meeting to be held on Tuesday, 29th September, 2026 at 01:00 P.M. (IST) at the registered office
  • Finalized cut-off date and remote e-voting period for the ensuing AGM
  • Fixed that the Register of members will be closed from Wednesday, 23rd September, 2026 to Tuesday, 29th September, 2026 (both days inclusive)
  • Appointed Mrs. Shraddha Jain (ACS-39488), Practicing Company Secretary as scrutinizer for e-voting facilities

Director Appointments and Reappointments:

  • Re-appointed Mr. Akash Sethi (DIN: 08176396) as Joint Managing Director for further period of three consecutive years commencing from 14th August, 2027 to 13th August, 2030, subject to shareholder approval at the 38th AGM
  • Re-appointed Ms. Manali Tongia (DIN: 09542172) as Non-Executive Independent Director for a second term of five consecutive years commencing from 24th March, 2027 to 23rd March, 2032, subject to shareholder approval
  • Re-appointed Ms. Somya Chhabra (DIN: 09597296) as Non-Executive Independent Director for a second term of five consecutive years commencing from 6th May, 2027 to 5th May, 2032, subject to shareholder approval
  • Approved increase of remuneration payable to Mr. Akash Sethi, Joint Managing Director, subject to shareholder approval at the 38th AGM

Director Profiles:

  • Mr. Akash Sethi (age 35) has been Joint Managing Director since 2018 with over 8 years of experience in manufacturing industries. He holds a Master of Science in Electrical and Computer Engineering from Carnegie Mellon University, USA. He is the son of Mr. Atul Kumar Sethi (Managing Director).
  • Ms. Manali Tongia (age 38) is a homemaker bringing balanced outlook to board deliberations. She does not hold directorship in any other company.
  • Ms. Somya Chhabra (age 27) is a homemaker who brings thoughtful approach to corporate governance. She does not hold directorship in any other company.

All directors confirmed they are not debarred from holding office by virtue of any SEBI order or other authority, and the independent directors meet the independence criteria under the Companies Act, 2013 and SEBI Listing Regulations.