Corrigendum Details

The company submitted a corrigendum to BSE Limited on September 09, 2026, under Regulation 30 of SEBI Listing Regulations to rectify an inadvertent error in the timing of the Board Meeting mentioned in the Outcome filed on September 02, 2026.

The original statement "The Board Meeting was commenced at 04:15 P.M and concluded at 05:00 P.M" has been corrected to "The Board Meeting was commenced at 04:15 P.M and concluded at 06:20 P.M."

Except for this timing correction, there is no change in any other information, matter, decision, or disclosure contained in the original Outcome of Board Meeting.

Board Meeting Outcomes (September 02, 2026)

The Board of Directors meeting was held on Wednesday, September 02, 2026, and considered the following matters:

1. Auditor Appointment: Considered, approved, and recommended for members' approval the appointment of M/S. A Sachdev & Co, Chartered Accountants (Firm Registration Number: 001307C), for a term of 5 consecutive years from the conclusion of the 31st AGM until the conclusion of the 36th AGM.

  • Reason for change: M/s. Banka & Banka, Chartered Accountants (Firm Registration No. 100979W), who were appointed at the 30th AGM held on September 12, 2025, for a 5-year term, resigned as Statutory Auditor due to "pre-occupation with other assignments" effective August 14, 2026.
  • The Board based this recommendation on the Audit Committee's recommendation.
  • Brief profile: M/S. A Sachdev & Co is a Peer Reviewed firm registered with ICAI, primarily engaged in audit and assurance services, business advisory services, tax advisory services, and compliance work. Partner: Manish Agarwal (Membership No.: 078628). Address: C-51, Shagun Arcade, Film City Road, Malad East, Mumbai 400097.
  • No material changes in fee payable compared to outgoing auditor.
  • No relationships between directors and the proposed auditor.

2. Reports Approval: Considered and approved the Director's Report, Corporate Governance Report along with requisite certificates, and the Secretarial Audit Report of the Company and its material subsidiary for the financial year ended March 31, 2026.

3. Director Re-appointment: Considered, approved, and recommended the re-appointment of Mrs. Shweta Akash Sharma (DIN: 0629309) as Director (Non-Executive Non-Independent) of the Company, who retires by rotation and is eligible for re-appointment under Section 152 of the Companies Act, 2013.

4. Asset Sale: Considered and approved, subject to shareholder approval in the annual general meeting, the sale/disposal of the whole or substantially the whole of the Company's undertaking comprising the factory land & building and machinery situated at 105, Ambiste Budruk, Post Khanivali, Taluka - Wada, Palghar, Thane - 421303. Financial impact not quantified in the disclosure.

5. AGM Notice: Considered and approved the draft Notice of the 31st Annual General Meeting (AGM) of the Company scheduled to be held on Thursday, September 24, 2026, at 03:30 PM at Hotel Murli Manohar situated at Khupari Village, Bhiwandi Wada Road (Next COCA COLA), Wada, Dist. Palghar, Maharashtra.

6. Scrutinizer Appointment: Considered, approved, and appointed Mr. Anjani Kumar R. Tripathi (Registration No.: MAH/5495/2014) as the Scrutinizer for scrutinizing the E-Voting process for the 31st Annual General Meeting.

7. Record Date: Considered and fixed the record date for the 31st Annual General Meeting:

  • Cut-off date for determining members entitled to vote: September 18, 2026
  • E-voting period: September 23, 2026 till 05:00 P.M.

Timing of Meeting

The Board Meeting commenced at 04:15 P.M. and concluded at 06:20 P.M. on September 02, 2026.