Meeting Details
The Board meeting was held at the company's Registered Office on 26th May, 2026. The meeting commenced at 12:00 PM and concluded at 2:00 PM.
Key Decisions and Approvals
1. Financial Results Approval
The Board approved the audited Financial Results for the quarter and year ended 31st March, 2026. The results were accompanied by an Audit Report issued by the Statutory Auditor of the Company.
2. Internal Auditor Appointment
The Board appointed M/s. Samir M. Shah & Associates (Firm Registration Number: 122377W), Chartered Accountants, as the Internal Auditor of the Company for the financial year 2026-27.
Brief particulars of the appointed firm:
- Name of Firm: M/s. Samir M. Shah & Associates
- Reason for Change: Appointment
- Date of Appointment: 26th May, 2026
- Term of Appointment: Internal Audit Report for F.Y. 2026-27
- Brief Profile: Practicing Chartered Accountant
- Disclosure of relations between Director: NA (Not Applicable)
3. Director Remuneration Increase
The Board approved an increase in remuneration for Mr. Mahendrabhai Ghanshyambhai Patel, Director of the Company, with a provision for 10% increase every year. This approval is subject to the approval of shareholders at the ensuing Annual General Meeting and is in accordance with Schedule V of the Companies Act, 2013.