The agenda items for the meeting include:
- Consideration and approval of Unaudited Standalone Financial Results of the Company for the quarter and half year ended 30th September 2026, along with the Limited Review Report thereon
- Any other matter with the permission of the Resolution Professional (RP)
Additionally, pursuant to SEBI (Prohibition of Insider Trading) Regulation, 2015 and compliance with the terms of the code of conduct for Prohibition of Insider Trading, the Trading window for dealing in the securities of the Company has been closed for all its Designated Person and their immediate relatives with effect from 1st October 2026. The trading window will continue to remain closed until 48 hours after the declaration of financial results for the quarter and half year ended 30th September 2026.
The Company is currently undergoing Corporate Insolvency Resolution Process (CIRP) pursuant to an order dated 29th September 2026 passed by the Hon'ble National Company Law Tribunal, Mumbai Bench-IV.
Pursuant to Section 17 of the Insolvency and Bankruptcy Code, 2016, the powers of the Board of Directors stand suspended and are being exercised by the Resolution Professional (RP), Mr. Vijay P. Lulla, who holds IBBI Registration No.: IBBI/IPA-01/IP-P00323/2017-18/10593.