Royal Sense Limited has scheduled its third annual general meeting for September 28, 2026. The board recommended the re-appointment of Rishabh Arora as Managing Director and proposed a doubling of authorized share capital to ₹20 crore.

The meeting will be held via video conferencing and other audio visual means at 12:30 pm. Shareholders holding shares as on September 21, 2026 are eligible to vote. Remote e-voting is open from September 25 to September 27, 2026.

Key Board Resolutions

The board approved several administrative and governance matters during its session on September 3, 2026:

• Re-appointment of Managing Director: Mr. Rishabh Arora was recommended for re-appointment as Managing Director. The term spans from September 28, 2026, to September 28, 2029.
• AGM Scheduling: The third annual general meeting is set for Monday, September 28, 2026.
• Scrutinizer Appointment: Ms. Mayuri Sinha, Proprietor of Mayuri Sinha & Co., was appointed as the scrutinizer for the e-voting process. She replaces Mr. Sumit Bajaj, who was appointed in July 2026.

Capital Restructuring and ESOP

The company seeks shareholder approval to increase its authorized share capital from ₹10 crore (1 crore equity shares) to ₹20 crore (2 crore equity shares). This move aims to facilitate future fund raising through equity or debt instruments.

Additionally, the AGM will consider the Royal Sense Limited Employee Stock Option Plan 2026. The scheme allows granting options to eligible employees, capped at 10% of the paid-up capital. Options vest after a minimum period of one year.

Related Party Transactions

Shareholders must approve material related-party transaction limits for FY27:

These transactions involve the purchase/sale of goods and availing/rendering of services. The board asserts these deals are conducted on an arm's length basis.

Leadership Profile

Mr. Arora brings over eighteen years of experience as a Pharmacist to the role. He oversees overall business operations, including business development, administration, and policy formulation. The Nomination and Remuneration Committee recommended his re-appointment. His remuneration is capped at ₹60 lakh per annum including perquisites and allowances.

Harmmeet Singh, who retires by rotation, also offers himself for re-appointment as Director.

Royal Sense Limited has approved raising funds up to an aggregate amount of ₹500 Crores through borrowing and the issuance of debt securities. The decision was taken during a board meeting held on July 17, 2026, at the company's registered office in Delhi. The fund raising aims to support the company's capital structure and future growth initiatives, including potential expansion outside India.

The board approved increasing the authorised share capital from ₹10 Crores to ₹20 Crores. This increase involves altering the capital clause of the Memorandum of Association to raise the total equity shares to 2,00,00,000, subject to shareholder approval at the ensuing Annual General Meeting (AGM). The company also approved the acquisition of immovable or movable property and assets for an aggregate amount not exceeding ₹200 Crores.

In addition to financial approvals, the board sanctioned the proposal to set up a branch office or other places of business outside India. The management is authorized to undertake necessary feasibility studies and regulatory assessments for this expansion. The board also approved the Board's Report for the financial year ended March 31, 2026, and the notice convening the 3rd AGM.

The newly constituted Funds Management Committee has been delegated the authority to evaluate and determine the mode, structure, and timing of the fund raising. This committee will also oversee the appointment of intermediaries and the utilization of proceeds. Mr. Sumit Bajaj, Proprietor of Sumit Bajaj & Associates, was appointed as the Scrutinizer for the remote e-voting process and AGM.