Photoquip India Ltd has approved the re-appointment of Dhaval J. Soni as Whole-Time Director and the appointment of Umang Pradip Gala as an Additional Non-Executive Independent Director, subject to shareholder approval at the ensuing Annual General Meeting (AGM). The Board of Directors, in their meeting held on May 28, 2026, also approved the draft notice for the 34th AGM and the Director's Report for the Financial Year 2025-26. These decisions are part of the company's corporate governance updates under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board and Committee Changes

The Board recommended the re-appointment of a Director retiring by rotation and took note of the completion of the second and final consecutive term of Ms. Parvin Jahabux Dumasia as a Non-Executive Independent Director, effective from the conclusion of the upcoming AGM. To align with these changes, the Board approved the reconstitution of various committees. Furthermore, the Board approved the regularization of Chaitali Oza as a Non-Executive and Non-Independent Director.

Director Appointments

The appointments of Dhaval J. Soni and Umang Pradip Gala are effective from May 28, 2026, and are subject to shareholder approval for a term of five consecutive years. Dhaval J. Soni, one of the first Directors of the company, is actively involved in marketing and day-to-day operations. Umang Pradip Gala is a B.com graduate with experience in the finance field.

Secretarial Auditor Changes

M/s. HRU & Associates resigned as Secretarial Auditors due to personal reasons, effective from the conclusion of the Board Meeting on May 28, 2026. To fill the vacancy, the Board appointed M/s. Jay Bhatt & Associates as the new Secretarial Auditors for a tenure of five financial years, commencing from FY 2026-2027 to FY 2030-2031. The firm specializes in Corporate Laws, SEBI Compliances, and Secretarial Audits.

AGM Procedures

The Board appointed M/s. Jay Bhatt & Associates, Practicing Company Secretaries, as the Scrutinizer to conduct the e-voting process for the AGM. National Securities Depository Limited (NSDL) was appointed to provide remote e-voting facilities during the upcoming AGM. The meeting also approved the Secretarial Audit Report for the Financial Year 2025-2026.

Photoquip (India) Limited has scheduled its 34th Annual General Meeting for Friday, June 19, 2026, at 09.30 a.m. The meeting will be held to transact business for the Financial Year 2025-26. The company has commenced the dispatch of the Annual Report, which is also available on its website.

The Board has fixed the book closure period from Saturday, June 13, 2026, to Friday, June 19, 2026, both days inclusive. Shareholders whose names appear in the register of members on the cut-off date are eligible to participate in the meeting.

The relevant date or cut-off date to determine shareholder eligibility for voting on AGM resolutions is Friday, June 12, 2026. Remote e-voting facilities will be available to shareholders from Tuesday, June 16, 2026, at 09:00 a.m. until Thursday, June 18, 2026, at 05:00 p.m.

The intimation was submitted in compliance with Regulation 30, 34, and 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dhaval Soni, Managing Director, signed the filing on May 28, 2026.

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