Meeting Details
- Date: September 25, 2026
- Time: 4:00 PM to 4:38 PM
- Location: Conducted through Video Conferencing (VC) and Other Audio Video Visual Means (OAVM)
- Type of Meeting: 20th Annual General Meeting
- Compliance Basis: Conducted in compliance with Ministry of Corporate Affairs Circular No. 03/2025 dated September 22, 2025 and applicable SEBI circulars
Proposed Resolutions and Implications
The following six resolutions were set forth in the Notice of AGM dated August 12, 2026:
Ordinary Business
1. Adoption of Audited Standalone Financial Statements for FY 2025-26 (Balance Sheet, Profit & Loss, Cash Flow Statement with notes and reports) - Ordinary Resolution
2. Adoption of Audited Consolidated Financial Statements for FY 2025-26 (Balance Sheet, Profit & Loss, Cash Flow Statement with notes and reports) - Ordinary Resolution
3. Appointment of Director - Mr. Om Prakash Maheshwari (DIN: 00185677) who retires by rotation - Ordinary Resolution
Special Business
4. Approval of Loans, Guarantees, Securities and Investments under Section 186 of Companies Act, 2013 - Special Resolution
5. Approval of Loans, Investments, Guarantee or Security under Section 185 of Companies Act, 2013 - Special Resolution
6. Approval of material Related Party Transactions of the Company and its Subsidiary Companies under Section 188 of Companies Act, 2013 and SEBI (LODR) Regulation, 2015 - Ordinary Resolution
Voting Process and Methods
The voting was conducted through the e-voting system of NSDL as required under the Companies Act, 2013 and SEBI Listing Regulations. Members who attended the AGM and had not cast their votes electronically were entitled to cast their votes by e-voting during the meeting. The company allowed 30 minutes for e-voting post conclusion of the meeting.
Key Meeting Proceedings
- The meeting was commenced at 4:00 PM and concluded at 4:38 PM
- 45 members attended the meeting, exceeding the required quorum of at least 30 members
- Ms. Bhavika Sharma, Company Secretary, extended welcome to attendees
- Mr. Om Prakash Maheshwari, Chairman, chaired the meeting
- All Directors including Chairman of Audit Committee, Stakeholders Relationship Committee and Nomination & Remuneration Committee joined the meeting
- Auditors, Scrutinizer, Chief Financial Officer and Company Secretary also joined the meeting
- Mr. Pramod Kumar Maheshwari, Managing Director, delivered a speech updating members on company's business performance and financial results
- Members who had registered as speakers and raised queries were given opportunity to express views, which were addressed by the Managing Director
- The Notice of AGM, Report of Board of Directors and Financial Statements were taken as read as they had been circulated to members
Voting Outcomes and Scrutinizer
- The combined results of remote e-voting and e-voting at the AGM will be declared within 48 hours from conclusion of the meeting
- Results will be notified to stock exchanges in format prescribed under Regulation 44(3) of SEBI (LODR) Regulations, 2015
- Results along with Scrutinizer Report will be placed on website of Stock Exchange, NSDL and company website simultaneously
- The Scrutinizer's report was pending at the time of this disclosure
Compliance Confirmation
The meeting was conducted in compliance with all applicable provisions of:
- Companies Act, 2013 read with Rules made thereunder
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- MCA Circular No. 03/2025 dated September 22, 2025
- Applicable SEBI circulars