Meeting Details
- Date: Monday, September 28, 2026
- Time: 11:30 AM
- Location: Registered office of the Company at Bellad-Bagewadi, Taluka Hukkeri, District Belgaum 591305, Karnataka, India
- Type: 31st Annual General Meeting
Board Members Present
1. Mr. Nikhil Katti - Chairman & Managing Director (Promoter), DIN: 02505734
2. Mr. Kush Katti - Whole-Time Director (Promoter)
3. Mr. Mallikarjun Pujar - Whole-Time Director
4. Mr. Shivanand Tubachi - Independent Director
5. Mr. Basavaraj Hagargi - Independent Director
6. Mr. Vishnukumar Kulkarni - Independent Director
7. Mrs. Pratibha Munnolli - Independent Director
Absent Board Members
- Mrs. Sneha Nitin Dev - Whole-Time Director (due to pre-occupation)
- Mrs. Priya Haria - Company Secretary (due to maternity condition)
Other Attendees
- Mr. Sheshagiri Kulkarni - Chief Financial Officer
- Mr. Praveen Ghali - Partner of M/s. P.G. Ghali & Co., Chartered Accountants (Statutory Auditors)
- Mr. Yash Patil - Representative of Vinita Modak, Practicing Company Secretary (Secretarial Auditor)
Quorum and Attendance
- Eighty-Five (85) Members present in person and by proxy
- Proper quorum confirmed as present
- Safety arrangements made in the auditorium
Resolutions Proposed
Ordinary Business
1. Adoption of Audited Financial Statements for the year ended March 31, 2026 - Ordinary Resolution
- To receive, consider and adopt the Audited Financial Statements as at 31st March, 2026 and the reports of the Board of Directors and Auditors thereon
2. Re-appointment of Mr. Kush Ramesh Katti (DIN: 02777189) who retires by rotation - Ordinary Resolution
- Pursuant to Section 152 of the Companies Act, 2013
3. Re-appointment of Mrs. Sneha Nithin Dev (DIN: 09762514) who retires by rotation - Ordinary Resolution
- Pursuant to Section 152 of the Companies Act, 2013
Special Business
4. Ratification of remuneration payable to Cost Auditors - Ordinary Resolution
- Remuneration: Rs. 1,80,000/- (Rupees One Lakh Eighty Thousand only) plus applicable taxes and reimbursement of out-of-pocket expenses
- Cost Auditor: M/s. S.K. Tikare & Co. Cost Accountants
- For audit of cost records for financial year ending March 31, 2027
- Pursuant to Rule 14(a)(ii) of the Companies (Audit and Auditors) Rules, 2014
Voting Process and Methods
- Remote e-voting facility provided through Bigshare Services Private Limited, the Registrar and Share Transfer Agents
- Remote e-voting period: From 9:00 AM on Friday, September 25, 2026 to 5:00 PM on Sunday, September 27, 2026
- Physical voting by Ballot Paper available during the meeting for shareholders who had not availed remote e-voting
- Cut-off date for voting eligibility: Monday, September 21, 2026
- Scrutinizer appointed: Mr. Ramnath Sadekar, Practicing Advocate
- Scrutinizer's role: To monitor voting process and ascertain requisite majority for passing resolutions
Compliance and Documentation
- Company complied with applicable Rules, Regulations and Circulars issued by authorities
- Statutory Registers, Proxy Register and other necessary documents made available for inspection
- Notice of AGM circulated through email to registered shareholders
- Notice and Annual Reports made available on company website and stock exchange websites
- Weblink provided to shareholders who had not registered email id, pursuant to Regulation 36(1)(b) of SEBI Listing Regulations
Meeting Proceedings
- Chairman welcomed shareholders and introduced board members
- Notice of AGM was read by Mr. Raghavendra Nandgavi, Member of the Company
- Mr. Kush Katti addressed shareholders on business front
- Chairman also briefed members on business front
- Auditors Report to Shareholders was taken as read
- Resolutions were read out at the meeting
- Voting conducted through Ballot Paper for those who hadn't used remote e-voting
- Meeting conducted in fair, transparent and impartial manner
Voting Results Disclosure
- Scrutinizer to submit report on voting within prescribed time from conclusion of meeting
- Results to be placed on company website and communicated to stock exchanges
Meeting Conclusion
- Meeting concluded at 12:30 PM
- All items of business as per notice were transacted
- Chairman thanked shareholders for attendance and participation