Meeting Details

The 42nd AGM will be held on Tuesday, September 15, 2026, at 11:00 A.M. IST through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The meeting will be conducted at the Registered Office of the Company situated at 303, Apollo Arcade, Prem Co-op Soc Ltd, R.K. Singh Marg, Mogra Pada, Andheri East, Mumbai, Maharashtra, India, 400069.

Business to be Transacted

Ordinary Business:

1. Adoption of Financial Statements: To receive, consider, and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2026, along with the reports of Board of Directors and Auditors.

2. Reappointment of Director: To appoint Mrs. Jayshree Radheshyam Sharma (DIN: 02754812), who retires by rotation and, being eligible, offers herself for reappointment.

Special Business:

3. Appointment of Secretarial Auditor: To appoint CS Dipika Kataria, Practising Company Secretary, as Secretarial Auditor for a term of five consecutive financial years, with remuneration to be determined by the Board.

4. Appointment of Independent Director: To appoint Mr. Dilip Jagdish Pendse (DIN: 11348152) as an Independent Director for a term of five consecutive years. He was appointed as an Additional Director effective May 28, 2026.

5. Appointment of Independent Director: To appoint Mr. Rajeev Ranjan Sarkari (DIN: 08804128) as an Independent Director for a term of five consecutive years. He was appointed as an Additional Director effective August 12, 2026.

6. Change of Company Name: To change the name from Swadeshi Industries and Leasing Ltd to Swadeshi Industries Limited or Swadeshi Industries and Retail Limited (or such other name as Board deems fit if these are not available), subject to Registrar of Companies approval.

7. Alteration of Object Clause: To alter the Memorandum of Association by adding new business objects including:

  • Minerals, mining, and stone products
  • Textiles and garments
  • Copper and metal products
  • Renewable energy projects
  • Electric vehicles and mobility solutions
  • Warehousing and cold storage

8. Investment Authorization: To authorize investments up to ₹25 Crores in other body corporates as per Section 186 of Companies Act, 2013.

9. Loans and Guarantees: To approve making loans, guarantees, or providing securities up to ₹25 Crores to entities where directors are interested, as per Section 185 of Companies Act, 2013.

Key Dates

  • Record Date: September 4, 2026
  • AGM Date: September 15, 2026
  • Remote E-Voting Period: September 12, 2026 (9:00 AM) to September 14, 2026 (5:00 PM)
  • Share Transfer Book Closure: September 5, 2026 to September 15, 2026 (both days inclusive)

Voting Information

  • Remote e-voting facility provided through NSDL.
  • Members can vote electronically during the specified period or at the AGM through e-voting.
  • Members holding shares in physical form must submit proxy forms at least 48 hours before the meeting.

Director Profiles

  • Mrs. Jayshree Radheshyam Sharma: 50 years old, appointed on October 29, 2024, holds 57,93,571 shares as of March 31, 2026.
  • Mr. Dilip Jagdish Pendse: 62 years old, Chartered Accountant and Law Graduate, appointed Additional Director on May 28, 2026, holds no shares.
  • Mr. Rajeev Ranjan Sarkari: 68 years old, technology executive with 35+ years experience, appointed Additional Director on August 12, 2026, holds no shares.

Financial Implications

  • Investments and loans/guarantees authorized up to ₹25 Crores each.
  • Financial impact of name change and object alteration not quantified, but stated to not affect company rights or obligations.

Additional Information

  • Explanatory statements provided for all special business items.
  • Disclosures required under Regulation 36(3) of SEBI LODR Regulations annexed to the notice.
  • Documents available for inspection at registered office during working hours until AGM date.