AGM Details

The 41st Annual General Meeting will be held on Thursday, 3rd September, 2026 at 2:00 p.m. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The cut-off date for determining members eligible to vote is Friday, August 28, 2026. The remote e-voting period commences on Monday, August 31, 2026 at 9:00 a.m. and ends on Wednesday, September 2, 2026 at 5:00 p.m.

Financial Performance Highlights (FY 2025-26 vs FY 2024-25)

  • Revenue from Operations: ₹1,783.31 Lakh (previous year: ₹1,641.70 Lakh)
  • Other Income: ₹1,323.46 Lakh (previous year: ₹539.91 Lakh)
  • Total Income: ₹3,106.77 Lakh (previous year: ₹2,181.61 Lakh)
  • Profit Before Tax: ₹1,333.62 Lakh (previous year: ₹627.98 Lakh)
  • Profit After Tax: ₹1,078.53 Lakh (previous year: ₹491.95 Lakh) - increase of 119.23%
  • Earnings Per Share (Basic & Diluted): ₹11.52 (previous year: ₹5.25)
  • Interim Dividend: ₹3 per equity share (30%) declared and paid during the year
  • Final Dividend: No final dividend recommended

Business Operations

The Company's core competence lies in plastics processing and manufacturing of industrial products. Additionally, the Company is engaged in trading and dealing of commodities including gold, silver, gems, jewellery, bullion, diamonds, precious stones, and other precious metals.

AGM Agenda Items

Ordinary Business:

1. Adoption of audited financial statements for FY ended March 31, 2026

2. Re-appointment of Mr. Rakesh Dungarmal Tainwala (DIN: 00237671) who retires by rotation

3. Appointment of M/s. SDBA & Co., Chartered Accountants (FRN: 142004W) as Statutory Auditors in place of M/s. GMJ & Co.

Special Business:

4. Appointment of Mr. Alpesh Jagdishbhai Nayak (DIN: 11848319) as Non-Executive Independent Director

5. Re-appointment of Mr. Ramesh Tainwala (DIN: 00234109) as Chairman and Managing Director in unsalaried capacity for 5 years from August 9, 2027 to August 8, 2032

6. Re-appointment of Mr. Devendra Saligram Anand (DIN: 09686031) as Non-Executive Independent Director for second term of 5 years

7. Re-appointment of Mr. Uday Ramniklal Mehta (DIN: 00569577) as Non-Executive Independent Director for second term of 5 years

8. Approval of material related party transactions with Abhishri Packaging Private Limited for aggregate value not exceeding ₹5 Crores during FY 2026-27

9. Contribution to bona fide and charitable funds including approval for ₹50 Lakhs to Central Hindu Military Education Society

Board Composition

As on March 31, 2026, the Board comprises:

  • Executive Directors: 2 (Mr. Ramesh Tainwala, Ms. Upasana Babel)
  • Non-Executive Non-Independent Director: 1 (Mr. Rakesh Dungarmal Tainwala)
  • Non-Executive Independent Directors: 3 (Mr. Ketan Dhirajlal Barai, Mr. Uday Ramniklal Mehta, Mr. Devendra Saligram Anand)

Key Managerial Personnel

  • Mr. Ramesh Tainwala (Chairman & Managing Director)
  • Ms. Upasana Babel (Director & Chief Financial Officer)
  • Ms. Divya Saboo (Company Secretary & Compliance Officer)

Share Capital Information

  • Authorized Share Capital: ₹14.00 Crores divided into 1,40,00,000 equity shares of ₹10 each
  • Paid-up Share Capital: ₹9.36 Crores divided into 93,63,863 equity shares of ₹10 each
  • 94.48% of equity shares are held in dematerialized form as of March 31, 2026

Related Party Transactions

The Company seeks approval for material related party transactions with Abhishri Packaging Private Limited (a related party) for purchase/sale of goods and services and leasing of property during FY 2026-27 for an aggregate value not exceeding ₹5 Crores. These transactions represent 28.03% of the company's annual consolidated turnover.

Corporate Governance

The Company has complied with all mandatory corporate governance requirements as per SEBI Listing Regulations. The report on corporate governance forms part of the annual report.

Registration Details

  • Works: Plot No. 87, Govt. Industrial Estate, Khadoli Village, Silvassa - 396230

Registrar & Share Transfer Agent

MUFG Intime India Private Limited (formerly Link Intime India Private Limited)

C-101, Embassy 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083

Voting Instructions

Detailed instructions for remote e-voting and joining the AGM through InstaMeet are provided in the notice for shareholders holding shares in both physical and dematerialized form.