Board Meeting Details

The Board of Directors meeting was held on Friday, November 13, 2026, from 1:00 PM to 6:45 PM at the company's registered office at C-193 A, Phase VI, Focal Point, Ludhiana, Punjab-141010.

Approved Matters

The Board approved and took on record the following seven regulatory compliance items:

1. Certificate of Non-Applicability of Disclosure of Related Party Transactions on a consolidated basis as required under Regulation 23(9) of SEBI LODR Regulations, 2015 for half year ended September 30, 2026

2. Closure of Trading Window for Designated Persons as required under SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2015 for the quarter ended September 30, 2026

3. Certificate of Non-Applicability of Compliance with Report on Corporate Governance as required under Regulation 27(2) of SEBI LODR Regulations, 2015 for the quarter ended September 30, 2026

4. Statement of Investor Complaints/Grievances under Regulation 13(3) of SEBI LODR Regulations, 2015 for the quarter ended September 30, 2026

5. Reconciliation of Share Capital Audit Report under Regulation 76 of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026

6. Shareholding pattern pursuant to Regulation 31 of SEBI LODR Regulation 2015 for the quarter ended September 30, 2026

7. Confirmation Certificate in the matter of Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026

Exemption Basis for Related Party Transaction Disclosure

The company separately disclosed its exemption from related party transaction disclosure requirements under Regulation 15(2) of SEBI LODR Regulations, 2015. This exemption applies to companies with:

  • Paid-up equity share capital not exceeding ₹10,00,00,000 (Ten Crore)
  • Net worth not exceeding ₹25,00,00,000 (Twenty Five Crore) as on the last date of previous financial year

Company's Financial Position

As per the last audited balance sheet as on March 31, 2026:

  • Paid-up Capital: ₹550.80 lakh (₹5.51 crore)
  • Net Worth: ₹996.24 lakh (₹9.96 crore)

Both figures are below the stipulated limits, making the company exempt from filing Disclosure on Related Party Transactions on a consolidated basis for the half year ended September 30, 2026.

Financial Impact

No specific financial impact quantified in the disclosure. The filing represents routine regulatory compliance procedures.

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