Futuristic Solutions has scheduled its 43rd Annual General Meeting (AGM) for August 20, 2026, at 12:00 PM IST via video conferencing. The Register of Members and Share Transfer Books will remain closed from August 14, 2026, to August 20, 2026, to determine shareholder eligibility for the meeting. The record date for entitlement is August 13, 2026.

The meeting will consider the adoption of audited financial statements for the year ended March 31, 2026. Shareholders will vote on the re-appointment of Mrs. Sangeeta Sandhu, Director, who retires by rotation, and the appointment of Mr. Parmjit Singh as an Independent Director for a term of five years from July 20, 2026, to July 19, 2031. A special resolution proposes revising the remuneration of Mr. Mandeep Sandhu, Managing Director, from ₹21,00,000 per annum to ₹27,00,000 per annum effective from April 1, 2026.

The Board proposes the re-appointment of M/s Kumar Rajesh & Associates as Secretarial Auditor for a fixed term of five consecutive financial years from FY 2026-27 to FY 2030-31. Central Depository Services (India) Limited (CDSL) will facilitate the remote e-voting and e-voting facility during the AGM.

Key Meeting Details

Shareholders who have cast their vote by remote e-voting prior to the AGM may attend the meeting but shall not be entitled to cast their vote again. Members holding shares in physical mode must register or update their email addresses with the company or its Registrar and Transfer Agent to receive communications electronically.

Futuristic Solutions Ltd has appointed Parmjit Singh as a Non-Executive-Independent Director effective July 20, 2026, subject to the approval of shareholders. The appointment was approved by the Board of Directors through a circular resolution on the same date. The new director will serve a term of five years from the date of appointment.

Parmjit Singh brings extensive experience as an entrepreneur, agriculturist, and contractor. His expertise spans business operations, agriculture, and infrastructure-related activities. He currently owns and manages a bricks and tiles manufacturing business and has significant experience in farming, land development, orchard development, and minor irrigation projects.

The company disclosed that Parmjit Singh is not related to any of the directors, key managerial personnel, or promoters of the company. He is also not debarred from holding the office of director by any SEBI order or other authority. The appointment complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parmjit Singh has provided his consent to act as director pursuant to section 152(5) of the Companies Act, 2013. He certified that he is not disqualified to become a director under the Companies Act, 2013. He is not holding any positions such as Managing Director, Chief Executive Officer, or Whole-time Director in any company and is not currently a director in any other company.

Key Details of Appointment