Candour Techtex will hold its 40th Annual General Meeting on September 29, 2026. The meeting aims to adopt FY26 financial results and seek approval for a ₹12 crore inter-corporate deposit facility.

The company confirmed the meeting date in a regulatory filing on September 8, 2026. Jayesh R. Mehta, Managing Director, signed the notice convening the AGM. The session will be conducted via video conferencing or other audio-visual means, as permitted by Ministry of Corporate Affairs circulars.

Meeting Logistics

The AGM is scheduled for Tuesday, September 29, 2026, at 3:00 pm (IST). Remote e-voting will be facilitated by Purva Sharegistry (India) Pvt. Ltd. The voting window opens on September 26 and closes on September 28, 2026.

Shareholders can access the Annual Report for the financial year 2025-26, along with the AGM notice, on the company’s website under the ‘Annual Reports’ tab.

Key Agenda Items

The notice outlines two ordinary business items and one special business item for shareholder consideration:

• Adoption of audited standalone financial statements for the year ended March 31, 2026.
• Re-appointment of Ms. Sharmila Hiralal Amin as director, retiring by rotation.
• Approval for utilising funds earmarked for fixed deposits to grant inter-corporate deposits.

Special Resolution Details

The board seeks consent to temporarily deploy unutilised proceeds from a preferential issue of securities. These funds are currently earmarked for specific objects disclosed in offer documents but remain unused pending deployment.

The proposed resolution allows the board to place these funds in fixed deposits or grant secured/unsecured inter-corporate deposits (ICDs) and loans to other body corporates. The aggregate outstanding amount under this facility is capped at ₹12,00,00,000 (Rupees Twelve Crores only).

This deployment is strictly temporary and does not constitute a change in the objects of the preferential issue. The board must ensure funds are recalled when required for their intended purposes. The limit is subject to Section 186 of the Companies Act, 2013, and applicable rules.

Candour Techtex Limited shareholders have approved a strategic expansion into the Naval & Defence Shipbuilding and Aerospace & Precision Engineering sectors by altering the company's Object Clause. The Special Resolution was passed at an Extra Ordinary General Meeting (EGM) held on July 22, 2026, with 86.58% of votes polled in favor. This constitutional amendment enables the Mumbai-based manufacturer to diversify beyond its existing operations, targeting high-value defense and aerospace contracts while maintaining its current business activities without adverse impact.

The alteration involves inserting two new sub-clauses, numbered 10 and 11, under the Main Objects (Part A of Clause III) of the Memorandum of Association (MOA). Sub-clause 10 authorizes the design, manufacturing, and delivery of naval vessels, warships, submarines, and patrol boats for domestic and international defense authorities. Sub-clause 11 permits the engineering, manufacturing, and supply of aerospace products, precision components, and UAV systems. The changes are effective upon filing with the Registrar of Companies.

The EGM was conducted via video conferencing in compliance with Regulation 30 and Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s. S P K G & Co. LLP, Practicing Chartered Accountant, served as the scrutinizer. Remote e-voting ran from July 18, 2026, to July 21, 2026, with a record date of July 15, 2026. A total of 4,866 shareholders were eligible to vote.

Voting results indicated strong support from public non-institutional shareholders, who cast 4,937,079 votes, compared to 914,388 votes from promoters and the promoter group. The resolutions were transacted under the special business agenda with significant majority approval.

Jayesh Ramniklal Mehta, Managing Director and Chairman, confirmed that all items were approved with the requisite majority. The scrutinizer's report, signed by CA Ashutosh Somani, has been submitted to the stock exchanges. The company stated that the alteration supports long-term growth objectives by facilitating entry into regulated defense and aerospace supply chains.