Meeting Details

The 1st Extra-Ordinary General Meeting for the Financial Year 2026–2027 will be held on Thursday, November 05, 2026 at 09:30 A.M. IST at the company's registered office: 1, Floor-GRD, Plot-514B, Amar Kunj, R P Masani Road, Road No 32 Khalsa Collage, Matunga, Mumbai -400019.

Business to be Transacted

Ordinary Business

Item Number 1: Appointment of M/s. S.D. Jain & Company, Chartered Accountants (Firm Registration No. 121521W) as the Statutory Auditors of the Company for a term of 5 (five) consecutive years.

  • Proposed term: From conclusion of this EOGM until conclusion of the 40th Annual General Meeting
  • Remuneration: To be recommended by Audit Committee and approved by Board of Directors, plus applicable taxes and out-of-pocket expenses
  • Authorization: Directors, CFO and Company Secretary authorized to complete necessary filings with regulatory authorities

Special Business

Item Number 2: Appointment of M/s. S.D. Jain & Company, Chartered Accountants (Firm Registration No. 121521W) as the Statutory Auditors of the Company to fill the casual vacancy.

  • Effective from: October 12, 2026
  • Term: Until conclusion of this EOGM
  • Reason: Casual vacancy caused by resignation of M/s. Bilimoria Mehta & Co, Chartered Accountants (Registration No. 101490W)
  • Remuneration: Same terms as Item 1

Background and Explanatory Statement

M/s. Bilimoria Mehta & Co. were appointed as Statutory Auditors for a 5-year term at the 33rd AGM held on September 30, 2024, to serve until the conclusion of the 38th AGM in 2029.

The previous auditors expressed inability to continue and tendered their resignation via letter dated August 14, 2026, creating a casual vacancy under Section 139(8) of the Companies Act, 2013.

The Board of Directors, at their meeting held on October 12, 2026, recommended M/s. S.D. Jain & Company based on Audit Committee recommendation.

Voting Arrangements

  • Record Date: October 29, 2026 for determining voting rights
  • Remote e-voting period: November 2, 2026 (9:00 AM) to November 4, 2026 (5:00 PM)
  • E-voting service provider: NSDL
  • Scrutinizer: M/s Jaymin Modi & Co Practicing Company Secretary Firm
  • Results declaration: Within 48 hours of meeting conclusion

Share Register Closure

The Register of Members and Share Transfer Register will remain closed from October 30, 2026 to November 5, 2026 (both days inclusive).

Electronic Communication

Notice sent electronically to members with registered email addresses as of October 9, 2026. Physical copies not dispatched due to MCA circulars permitting electronic-only communication.

Proxy Requirements

  • Proxy instruments must be received at registered office at least 48 hours before meeting
  • Proxy can represent maximum 50 members holding up to 10% of total share capital
  • Corporate members must submit certified board resolution for authorized representatives

No Financial Impact Disclosed

The disclosure does not quantify any financial impact of the auditor change. Remuneration terms will be determined by Audit Committee and Board approval.

Interested Parties

None of the Directors, Key Managerial Personnel or their relatives (except through shareholding) are interested in the resolutions.