Desh Rakshak Aushdhalaya Limited shareholders approved a proposal to increase overall managerial remuneration beyond the statutory limit of 11% of net profits during the company's 45th Annual General Meeting held on September 25, 2026.

The meeting, conducted at the registered office in Haridwar, Uttarakhand, saw the adoption of audited financial statements for FY26 and the re-appointment of Arihant Kumar Jain as a director. The proceedings were compliant with the Companies Act, 2013 and SEBI Listing Regulations.

Key resolutions passed

The Company Secretary, Sohini Bansal, presented the agenda items which were voted upon through remote e-voting and ballot papers at the venue. The following ordinary and special business items were transacted:

Director re-appointment details

The members approved the re-appointment of Arihant Kumar Jain as Whole-Time Director. He retires by rotation under Section 152(6) of the Companies Act, 2013 and was eligible for re-appointment. Mr. Jain is aged about 37 years, holds a graduate degree, and has over five years of experience in accounts and business management.

In his disclosure regarding relationships between directors, it was noted that Arihant Kumar Jain is the son of Tosh Kumar Jain, Managing Director, and Monika Jain, Whole-Time Director. The company affirmed that he is not debarred from holding office by SEBI or the Ministry of Corporate Affairs.

Meeting attendance and voting

The total number of shareholders on the record date, September 18, 2026, stood at 2,092. The physical presence at the meeting was limited, with no participation recorded via video conference or proxy.

Remote e-voting was facilitated through the National Securities Depository Limited (NSDL) system from September 22 to September 24, 2026. Ramesh Chandra Sharma, Proprietor of R. C. Sharma and Associates, served as the scrutinizer for the meeting. The combined results of remote e-voting and in-person voting are scheduled to be announced within two working days.

Chairman’s address and outlook

Tosh Kumar Jain, Chairman and Managing Director, addressed the shareholders with an overview of the business performance and financials for the year ended March 31, 2026. He highlighted initiatives undertaken to improve profitability and shared his outlook for the business. The Chairman expressed gratitude to stakeholders, employees, bankers, and suppliers for their continued support.

Two members raised queries and offered good wishes to the company during the session. The meeting commenced at 3:00 pm and concluded at 4:00 pm.

Desh Rakshak Aushdhalaya Limited has designated September 18, 2026, as the record date for its 45th Annual General Meeting (AGM). The meeting, scheduled for September 25, 2026, will approve financial results and key governance changes.

The Board of Directors confirmed the cut-off date in a filing with the BSE on August 27, 2026. This date determines shareholder eligibility for voting rights at the upcoming assembly.

Financial Performance

The company reported an 18% rise in profit after tax to ₹56.21 lakh for FY26. Net worth also expanded significantly during the period.

Governance and Remuneration Approvals

Shareholders will consider several personnel changes and remuneration revisions at the AGM:

• Re-appointment of Mr. Arihant Kumar Jain, who retires by rotation.
• Revision in managerial remuneration for Managing Director Mr. Tosh Kumar Jain.
• Revision in managerial remuneration for Whole-time Director Mr. Arihant Kumar Jain.
• Revision in managerial remuneration for Whole-time Director Mrs. Monika Jain.
• Increase in overall managerial remuneration payable in excess of 11% of net profits.

AGM Logistics and Voting Details

The company has outlined specific timelines for the 45th AGM to ensure regulatory compliance. Shareholders may participate via remote e-voting or physical attendance.

The register of members and share transfers book will remain closed from September 19, 2026, to September 25, 2026. National Securities Depository Limited (NSDL) serves as the authorized agency for remote e-voting. Mr. Ramesh Chandra Sharma of R.C. Sharma and Associates was appointed as the scrutinizer.

Mr. Tosh Kumar Jain, Chairperson, was authorized to sign the Annual Report. The Company Secretary or an authorized director will handle filings with the Registrar of Companies.