Elegant Marbles & Grani Industries Limited held its 41st Annual General Meeting on July 17, 2026, at its registered office in Abu Road, Rajasthan, approving the audited financial statements for the financial year ended March 31, 2026, and reappointing its top leadership. All four resolutions put to vote were passed with the requisite majority, receiving 100% approval from valid votes cast, barring one invalid vote. The meeting, which commenced at 09:00 a.m. and concluded at 09:37 a.m., was presided over by Shri Rajesh Agrawal, Chairman and Managing Director.

The board sought shareholder approval for four key resolutions. The ordinary business included the adoption of the financial statements and the reappointment of Ms. Yogita Agrawal as Director, who retires by rotation. Special business items involved the reappointment of Shri Rajesh Agrawal as Chairman & Managing Director and Shri Rakesh Agrawal as Managing Director. The Chairman informed members that the Auditors' Report and Secretarial Audit Report for the fiscal year were free of qualifications, reservations, or adverse remarks.

In compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company provided remote e-voting facilities. Remote e-voting commenced on July 14, 2026, and concluded on July 16, 2026. Additionally, polling was available at the venue for members present who had not voted remotely. The board appointed CS Parbat Chaudhari of M/s P V Chaudhari & Associates, Practicing Company Secretaries, as the Scrutinizer to oversee the e-voting and poll processes.

Voting Results

The scrutinizer's report confirmed that all resolutions were passed with overwhelming support. A total of 2,116,825 valid votes were polled, representing 71.442% of the total outstanding shares. Promoter and Promoter Group votes accounted for 2,114,530 votes in favour, while Public Non-Institutions contributed 2,294 votes in favour.

The scrutinizer's report will be submitted to the stock exchange and uploaded to the company's website and the e-voting agency's portal within two working days. Other key personnel present at the meeting included Mr. Jayesh Dadia, Chairman of the Audit Committee; Mr. Ayush Bagla, Chairman of the Nomination and Remuneration Committee; Mr. Rakesh Agarwal, Managing Director; Mr. Hitesh Kothari, Chief Financial Officer; and Ms. Arpita Harshad Doshi, Company Secretary and Compliance Officer.

Elegant Marbles and Grani Industries Limited has scheduled its 41st Annual General Meeting (AGM) for Friday, July 17, 2026, at 09:00 A.M. via physical mode at its Registered Office in Abu Road, Rajasthan. The meeting will cover the financial results for the year ended March 31, 2026. The company disclosed that newspaper advertisements for the AGM were published on June 11, 2026, in Free Press Journal, Navshakti (English) and Prabhat Abhinandan, Sirohi Edition (Hindi), in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board has approved the re-appointment of Shri Rajesh Agrawal as Chairman & Managing Director and Shri Rakesh Agrawal as Managing Director for a period of three years, effective from September 01, 2026, to August 31, 2029, subject to shareholder approval. The company’s statutory auditors, M/s. JD Pawar & Associates, have issued an unqualified report on the financial statements.

Financial Performance

The company reported a 29% decline in net profit to ₹335.14 lakh for FY26, down from ₹470.35 lakh in the previous year. Revenue from operations rose to ₹3,434.05 lakh from ₹2,853.48 lakh in FY25, driven by demand from the residential and commercial segments. Total income for the year stood at ₹3,596.37 lakh, while profit before tax decreased to ₹471.54 lakh from ₹581.69 lakh in the prior year. The company remains debt-free.

Shareholder Compliance

The company reminded shareholders to update KYC details, including PAN, address, mobile number, and bank account details, pursuant to SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 07, 2024. Security holders holding shares in physical mode without updated details will receive payments, including dividends, only through electronic mode from April 1, 2024. Shareholders are encouraged to register their email addresses to avail online services and support the Green Initiative. The Register of Members and Share Transfer Books will remain closed from July 11, 2026, to July 17, 2026, for the AGM.