Board Meeting Details

The Board meeting was conducted at the company's registered office at C/O. Sumichem Corporation, 1-0, Dhannur Building, Sir P. M. Road, Fort, Mumbai - 400001. The meeting commenced at 4:00 PM and concluded at approximately 5:20 PM.

Key Decisions and Approvals

1. Financial Results: The Board considered and approved the Unaudited Standalone Financial Results for the quarter ended June 30, 2026. A Limited Review Report was also taken on record as required by Regulation 33 of SEBI LODR Regulations, 2015.

2. Management Re-appointment: Approved the re-appointment of Mr. Sumish S. Mody (DIN: 00318652) as Managing Director for a further term of five consecutive years, effective from November 1, 2026. This is subject to approval by members at the ensuing Annual General Meeting and other statutory/regulatory approvals.

3. Director Re-appointment: Recommended the re-appointment of Mr. Miten Sudhir Mody (DIN: 02422219) as Director, who retires by rotation and is eligible for re-appointment under Section 152(6) of the Companies Act, 2013.

4. AGM Documentation: Approved and adopted the Director's Report with all annexures and the Notice for the 39th Annual General Meeting.

5. Book Closure Dates: Fixed the book closure period for the AGM from September 23, 2026, to September 29, 2026 (both days inclusive) pursuant to Section 91 of the Companies Act, 2013 and Regulation 42 of SEBI LODR Regulations.

6. Scrutinizer Appointment: Appointed Mr. Pankaj S. Desai as Scrutinizer to monitor e-voting and voting at the 39th AGM through OAVM.

7. Secretarial Audit: Approved the Secretarial Audit Report issued by M/s. Pankaj S. Desai (COP 4098) for FY 2025-26 under Section 204 of the Companies Act, 2013.

8. Managerial Remuneration: Approved payment of managerial remuneration exceeding 11% of net profits.

9. Internal Auditor: Appointed Mr. Ajay Mehta as Internal Auditor for FY 2025-26.

10. Compliance Note: Took note of compliances made under SEBI LODR Regulations for the quarter ended June 30, 2026.

Annual General Meeting Details

The 39th AGM will be conducted through OAVM/VC on Tuesday, September 29, 2026, at 11:00 AM. The calendar of events includes:

  • Scrutinizer consent date: August 6, 2026
  • Board resolution date for functional director responsibility: August 6, 2026
  • Scrutinizer appointment date: August 6, 2026
  • Benpos date for notice dispatch: August 28, 2026
  • Last date for AGM notice dispatch: On or before September 7, 2026
  • Last date for newspaper publication: On or before September 8, 2026
  • Cut-off date for e-voting membership: September 22, 2026
  • E-voting period: September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
  • AGM date and time: September 29, 2026 at 11:00 AM
  • Scrutinizer report submission: On or before October 1, 2026
  • Result declaration: On or before October 1, 2026
  • Handover of e-voting register: On or before October 1, 2026

Additional Disclosures (Annexure I)

  • Mr. Sumish S. Mody's Profile: Hold double Bachelor degree in Business Management and Entrepreneurship from Nottingham Trent University, UK. Has expertise in finance and currently works as Senior Executive Finance at Vivid Global Industries Limited since August 2022.
  • Director Relationships:
  • Ms. Meena Sumish Mody (Non-Executive Director) is the spouse of Mr. Sumish S. Mody
  • Mr. Miten S. Mody (Whole Time Director) is the brother of Mr. Sumish S. Mody
  • SEBI Compliance: Mr. Sumish Mody is not debarred from holding director office pursuant to any SEBI order or order of any authority.

Enclosures

1. Standalone Unaudited Financial Results for quarter ended June 30, 2026, with Limited Review Report

2. Book Closure Notice for 39th AGM

3. Calendar of Events for 39th AGM

4. Annexure I (Director disclosures)

Publication Arrangements

The company has arranged to publish the financial results in newspapers as required by Regulation 47 of SEBI LODR Regulations, 2015.