AGM Approvals - Ordinary Business
1. Financial Statements: Members approved:
- (a) The Audited Financial Statements of the Company for the financial year ended March 31, 2026, along with the reports of Auditors thereon
- (b) The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, along with the Report of Auditors thereon
2. Director Re-appointment: Members approved the re-appointment of Shri Dhansukh H. Parekh (DIN: 00015734), an Executive Director who retired by rotation but was re-appointed being eligible.
Director Details
- Reason for Change: Re-appointment of director retiring by rotation
- Date & Term: Re-appointed at the AGM (specific term not quantified in disclosure)
- Qualifications & Experience: Extensive experience in finance, taxation, and corporate management. Currently serves as Chairman of the Audit Committee and Member of the Nomination & Remuneration Committee and Corporate Social Responsibility Committee.
- Shareholding: Does not hold any equity shares in the company
- Previous Appointment: Was appointed as an Additional Non-Executive Non-Independent Director on February 2, 2021
- Board Assessment: The Board considers that Shri Parekh fulfills all conditions specified in the Companies Act, 2013 and rules made thereunder for his appointment
- Relationships: No relationships with other directors of the company
AGM Approvals - Special Business
3. Ordinary Resolution: Regarding payment of commission to Non-Executive Directors of the company
4. Ordinary Resolution: Regarding renewal of Leave & Licence Agreement and Facility & Service Agreement with Shanudeep Private Limited, a Related Party
5. Special Resolution: Regarding continuation of Shri Dhansukh H. Parekh's directorship on attaining the age of 75 years
6. Special Resolution: Regarding alteration to Main Object Clause of the Memorandum of Association
Financial Impact
Financial impact not quantified in the disclosure for any of the approved resolutions.