Minal Industries Limited held its 38th Annual General Meeting on September 29, 2026, through video conferencing. The meeting focused on adopting the audited financial statements for the fiscal year ended March 31, 2026, and addressing governance matters including director reappointment and remuneration revisions.

The proceedings commenced at 11:31 am with the Company Secretary confirming the presence of the requisite quorum. A total of 68 members attended the virtual meeting. The Chairman noted that no questions or queries were raised by the members during the interaction session, leading to a swift conclusion of the formal agenda items by 11:44 am.

Resolutions passed

The members considered and approved several ordinary and special resolutions as outlined in the notice convening the meeting. The adoption of both standalone and consolidated financial statements was approved without any qualifications from the statutory auditors.

Governance and attendance

The meeting was presided over by Shrikant Jesinglal Parikh, Chairman and Managing Director. The board panel included Subham Chand Jain, Ajay Jormal Mehta, Disha Hiteshkumar Rathod, and Divyanshu Navlakha. Harshala Karangutkar served as the Chief Financial Officer.

Statutory Auditors R. H. Modi & Co. were represented by their authorized representative. Secretarial Auditors HSPN & Associates LLP attended, with Kunal Sakpal serving as the Scrutinizer for the voting process. The company utilized National Securities Depository Limited services for remote e-voting, which opened on September 26, 2026, and closed on September 28, 2026.

Voting results timeline

The scrutinizer’s report and final voting results are scheduled to be declared within two working days of the meeting's conclusion. These results will be uploaded to the company’s website and notified to the stock exchanges in compliance with SEBI Listing Regulations.

Minal Industries has confirmed the book closure dates for its 38th Annual General Meeting (AGM), scheduled for September 29, 2026. The Register of Members and Share Transfer Books will remain closed from September 23 to September 29, 2026.

The company issued the intimation on September 3, 2026, pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows a board meeting on August 27, 2026, where directors approved the annual report for FY26 and scheduled the AGM.

Key Approvals

The board authorized several administrative and governance matters during its August meeting:

• Approval of the 38th Annual Report, including the notice of the AGM.
• Convening of the 38th AGM on September 29, 2026, at 11:30 am via Video Conferencing or Other Audio-Visual Means (OAVM).
• Closure of the Register of Members and Share Transfer Books from September 23, 2026, to September 29, 2026.
• Setting the cut-off date for electronic voting entitlements as September 22, 2026.

Governance and Voting

The company appointed Mr. Kunal Sakpal, Practicing Company Secretary, as the scrutinizer for the e-voting process. Mr. Hemant Shetye, Practicing Company Secretary, was appointed as the alternate scrutinizer. National Securities Depository Limited (NSDL) will facilitate the e-voting process.

Directors were authorized to conduct the AGM and sign the necessary documents. The board also approved Related Party Transactions to be carried out during the financial year 2027-28, subject to shareholder approval.

Shareholder Communication and KYC Updates

Pursuant to Regulation 30 of the SEBI Listing Regulations, Minal Industries has dispatched individual letters to shareholders who have not registered their email addresses with the company, registrar, or depository participants. These letters provide the web link to access the Annual Report for FY26 and the notice convening the 38th AGM.

The annual report is available on the company’s website and can also be accessed via the Bombay Stock Exchange and NSDL websites. The cut-off date for identifying shareholders without registered email addresses was August 28, 2026.

The company reminded shareholders holding physical securities to update their KYC details in compliance with SEBI Master Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/91 dated June 23, 2025. Shareholders must provide PAN, address, mobile number, bank account details, specimen signature, and nomination choice. Failure to update these details may restrict dividend payments to electronic mode only.