Meeting Details
The 2/2026-27 Meeting of the Board of Directors was held on Tuesday, 11th August 2026 at 4:00 P.M. The meeting commenced at 4:00 P.M. and concluded at 04:45 P.M.
Key Business Approved
Financial Results
- Approved the Unaudited Standalone and Consolidated Financial Results of the Company for the Quarter ended 30th June, 2026.
- Taken on record the Limited Review Report by the Auditors for the Standalone and Consolidated Financial results for the Quarter ended 30th June, 2026.
Dividend Declaration
- Recommended Final dividend of Re. 0.10/- (@ 10%) per equity share of Re. 1/- each for the Financial Year ended on March 31, 2026, subject to approval of the shareholders at the Annual General Meeting.
- Record Date fixed as Wednesday, September 23, 2026, in compliance with regulation 42(1) of the Listing Regulations, to determine eligibility for dividend payment.
Annual General Meeting Arrangements
- Approval for the Board's Report and Notice of the 38th Annual General Meeting (AGM) to be held on Wednesday, 30th September, 2026 at 2:00 P.M. through Video Conferencing / Other Audio-Visual Means (VC/OAVM).
- Finalization of the Annual Book Closure of the Company for the 38th AGM.
- Finalization of the Cut-off Date for determining eligibility for participation in the Remote E-voting and E-voting process at the 38th AGM.
- Appointment of Scrutinizer for conducting Remote E-voting as well as E-voting process at 38th AGM.
Auditor Appointments
- Appointment of Cost Auditor with remuneration subject to ratification of the shareholder at the ensuing AGM.
- Appointment of Internal Auditor of the Company.
Management Changes
Resignations (effective close of business hours on August 11, 2026):
- Shri Kedarmal Shankarlal Bankda (DIN: 00023050) resigned as Whole-time Director
- Shri Vijay Shankarlal Bankda (DIN: 00023027) resigned as Managing Director
- Shri Rahul Vijay Bankda resigned as Chief Financial Officer (CFO)
New Appointments (effective August 12, 2026):
- Mrs. Rinki Ankit Bankda (DIN: 06946754) appointed as Additional Director and designated as Whole Time Director, subject to member approval within 3 months
- Shri Rahul Vijay Bankda (DIN: 00827827) appointed as Additional Director and designated as Managing Director, subject to member approval within 3 months
- Shri Ankur Vijay Bankda (DIN: 02328515) appointed as Chief Financial Officer (CFO)
Reappointment:
- Smt. Ruchi Jindal (DIN: 09633465) reappointed as Woman Independent Director with effect from 29th June, 2027, subject to member approval at the ensuing AGM
Other Business
- Consideration of other routine business matters