Meeting Details
The Adjourned 37th Annual General Meeting was held on Wednesday, 01st July, 2026. The meeting commenced at 11:30 A.M. and concluded at 1:04 P.M. (IST). The meeting was conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM) from the Project Office at 310, New Delhi House, 27, Barakhamba Road, New Delhi – 110001, but deemed to be held from the Registered Office at Railway Road, Siwani, Haryana – 127046 for official purposes.
The originally scheduled meeting commenced on Wednesday, 24th June 2026 at 11:30 A.M. but was adjourned due to lack of quorum. It was adjourned to July 1, 2026 at 11:30 A.M. as per Section 103(3) of Companies Act, 2013. On July 1, the meeting was initially adjourned to 12:00 P.M. due to quorum issues and finally held from 12:00 P.M. to 1:04 P.M.
Corporate Status
The company is under Corporate Insolvency Resolution Process (CIRP) pursuant to Insolvency and Bankruptcy Code, 2016 since February 02, 2022. The affairs, business and assets are managed by Interim Resolution Professional Mr. Darshan Singh Anand (IP Registration No. IBBI/IPA-002/IP-N00326/2017-2018/10931), appointed by National Company Law Tribunal, Chandigarh Bench order dated 02nd February, 2022. The powers of the board of directors are vested in the Resolution Professional.
Attendance
Directors/Resolution Professional Present: Mr. Darshan Singh Anand, Resolution Professional (Chairman of the Meeting)
In Attendance: Mr. S.K. Senapati, Company Secretary and Compliance Officer
Shareholders Present:
- Praveen Kumar (Folio: IN30011810449827) - 11 shares
- Gundluru Reddeppa (Folio: 1201090017620840) - 1 share
- Yash Pal Chopra (Folio: IN30070810592847) - 2800 shares
Others Present:
- Vishal Madan - Team Member of the RP
- Suman Jaglan - Team Member of the RP
- Lokesh Garg - Executive
- Saurabh Agrawal - Secretarial Auditor & Scrutinizer
- Twinkle Gupta - Scrutinizer Team
Voting Details
Remote E-voting commenced from Sunday, 21st June, 2026 at 10:00 A.M. and concluded on Tuesday, 23rd June, 2026 at 05:00 P.M. MUFG Intime India Private Limited was engaged for conducting the meeting and voting process. E-voting at the AGM (insta-poll) remained open for 30 minutes from the conclusion of the meeting. The results will be uploaded on the website and filed with Stock Exchanges separately as per Regulation 44(3) of SEBI LODR Regulations.
Agenda Items and Resolutions Passed
Agenda Item 1: Approval of Audited Financial Statement
RESOLVED THAT the Audited Standalone Financial Statements for the Financial Year ended 31st March 2025, Auditors' Reports thereon and the Report to the Shareholders be received, considered and adopted.
Agenda Item 2: Appointment of Director Retiring by Rotation
RESOLVED THAT Mr. Baljinder Singh (DIN: 09425377), who is retiring by rotation, be reappointed as a Director of the company.
Agenda Item 3: Appointment of Secretarial Auditors
RESOLVED THAT Mr. Saurabh Agrawal (M. No. 5430 and COP No. 4868) of M/s. Saurabh Agrawal & Co., Company Secretaries be appointed as Secretarial Auditors of the Company from Financial Year 2025-26 till 2029-30, on terms and conditions including remuneration as fixed by the Board.
Authorization
For all three resolutions, Mr. Darshan Singh Anand (Resolution Professional) and Mr. S.K. Senapati (Company Secretary) were authorized severally and jointly to give effect to the resolutions and file necessary returns with concerned authorities.
Additional Information
The Chairman informed shareholders about the proceedings before Hon'ble NCLT for approval of the Resolution Plan submitted by the Resolution Applicant. All queries raised by members were answered during the meeting. The original documents including register of Directors shareholding, register of contracts, copies of audited financial statements were available for inspection.