Key Decisions and Approvals
1. Annual Report Approval
The Board considered and approved the report of the Board of Directors for the financial year ended March 31, 2026.
2. Statutory Auditor Resignation
The Board took note of the resignation of M/s Milind Nyati & Co. LLP, Chartered Accountants, as the Statutory Auditor of the company. The resignation was effective from August 26, 2026, as stated in their resignation letter dated August 26, 2026.
3. New Statutory Auditor Appointment
On the recommendation of the Audit Committee, the Board approved the appointment of Jain Bardia & Co, Chartered Accountants (Firm Registration 127898W), as the new Statutory Auditors. The appointment is for a term of five consecutive years, from the conclusion of the 36th Annual General Meeting (AGM) until the conclusion of the 41st AGM. This appointment is subject to approval by the members of the company at the ensuing AGM.
Profile of New Auditor: Jain Bardia & Co. is a well-established Chartered Accountancy firm founded in 2006 with extensive experience in Accounting, Auditing & Assurance, Income Tax, GST, Corporate Laws, Ind AS Implementation, Finance, and other Regulatory Services.
4. 36th Annual General Meeting
The Board approved the proposal to call the 36th AGM for the financial year ended March 31, 2026. The meeting is scheduled for Wednesday, September 30, 2026, at 11:00 a.m. The venue will be at 27/3, Jawahar Nagar, Near Agrasen Chowk, Raipur-492001, Chhattisgarh.
The Board also approved the notice for this 36th AGM.
5. Scrutinizer Appointment
Samantrai Prashant & Co., Company Secretaries, Raipur, Chhattisgarh, was appointed as the scrutinizer for e-voting and poll to be conducted at the 36th AGM.
Meeting Details
The Board Meeting commenced at 1:00 p.m. and concluded at 5:30 p.m. on September 1, 2026.