Key Event Details

The company received an email from the Listing Compliance Monitoring Team of BSE Limited on August 05, 2026, seeking clarifications on the delayed submission of proceedings from the 52nd Annual General Meeting.

AGM Proceedings Summary

The 52nd Annual General Meeting was held on Friday, July 31, 2026, through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).

  • Meeting commenced at: 2:30 PM (IST)
  • Meeting concluded at: 3:13 PM (IST)
  • Total duration: 43 minutes (including time allotted for e-Voting at the AGM)
  • Number of members attended: 120 members joined through virtual mode

Attendance Details

Present:

  • Shri Akshay Modi (Chairman, due to absence of Shri Anil Modi)
  • Mr. Ankit Garg (Chairman of Audit Committee, Authorized Representative of Nomination and Remuneration Committee, and Chairman of Stakeholders Relationship Committee)
  • Mrs. Aditi Modi (Whole Time Director)
  • Mr. Udit Jain (Director)
  • Rajan Kumar Singh (Company Secretary & Compliance Officer)
  • M/s Doogar & Associates (Chartered Accountants)
  • M/s Deepak Bansal & Associates (Secretarial Auditors)
  • M/s A.K. Verma & Co. (Practicing Company Secretary, Scrutinizer)

Absent:

  • Shri Anil Modi (due to ill health)
  • Mrs. Ankita Singal (Director)
  • Mr. Pradeep Kapoor (CFO)

Voting Details

  • Remote e-voting period: July 28, 2026 (10:00 AM IST) to July 30, 2026 (5:00 PM IST)
  • Cut-off date for eligibility: July 24, 2026
  • E-voting facility remained open for 15 minutes after meeting closure
  • Consolidated results to be announced within two working days of AGM conclusion

Business Items Transacted

Six ordinary business resolutions were put for members' approval via e-voting:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026, and Directors' and Auditors' Report thereon, along with Audited Consolidated Financial Statements for FY ended March 31, 2026, and Auditors' report

2. Appointment of Mrs. Aditi Modi (DIN: 01786037), retiring by rotation, as a Director

3. Regularization of Appointment of M/s B. Chhawcharia & Co. (FRN: 305123E), Chartered Accountants as Statutory Auditor to fill casual vacancy

4. Appointment of M/s B. Chhawcharia & Co. (FRN: 305123E), Chartered Accountants as Statutory Auditors for a period of five years

5. Appointment of M/s A.K. Verma & Co., Practicing Company Secretaries, as Secretarial Auditors for the term of 5 consecutive years

6. Ratification of remuneration payable to Cost Auditors for FY 2026-27

Auditor Reports

The Chairman stated that reports from Statutory Auditors and Secretarial Auditor did not contain any qualifications, reservation or adverse remarks.

Company Statement on Delay

The company emphasized that the delay in submission was unintentional and does not reflect any misinformation. The company apologized for any confusion caused and assured that it will be careful in future. The company stated it has been regular in adhering to compliances under Listing Regulations and other applicable laws.

Submission Details

The company is resubmitting the proceedings of the 52nd Annual General Meeting along with this clarification regarding the delay in submission.