Sprayking Limited held its 22nd Annual General Meeting on September 30, 2026, through Video Conferencing and Other Audio Visual Means. The meeting commenced at 12:30 pm and concluded at 12:52 pm, inclusive of the post-meeting voting window.

Meeting proceedings and attendance

The company reported that 40 members, including three directors and two independent directors, attended the virtual meeting. Ms. Hetal Prakash Vachhani, Company Secretary, welcomed attendees and confirmed the presence of the requisite quorum. The notice convening the meeting was taken as read, and members were informed about the remote e-voting facilities provided by National Securities Depository Limited.

Statutory Auditors B. B. Gusani & Associates and Secretarial Auditors M/s M Rupareliya & Associates attended the session. The Company Secretary stated that the reports for the financial year ended March 31, 2026, did not contain any qualifications or adverse observations affecting the company's functioning.

Resolutions transacted

The following agenda items were put to vote through remote e-voting prior to the meeting:

Since all resolutions were already voted on via remote e-voting, there was no voting by show of hands during the live session. Members who had not cast their votes earlier were given an additional 15 minutes after the conclusion of the meeting to vote through the e-voting platform.

Shareholder interaction

During the question-and-answer session, no registered speakers were present to address the board. One shareholder who had registered to speak joined via the NSDL portal but did not participate in the Q&A segment. The meeting concluded with a vote of thanks from the Company Secretary.

Sprayking Limited has scheduled its 22nd Annual General Meeting (AGM) for Wednesday, September 30, 2026. The meeting will be held via Video Conference or Other Audio-Visual Means (OAVM) starting at 12:30 pm.

The company disclosed these details in a filing to BSE Limited on September 4, 2026. The Register of Members and Share Transfer Books will remain closed from Wednesday, September 23, 2026 to Tuesday, September 29, 2026, determining shareholder eligibility for voting.

Key Agenda Items

Shareholders will transact both ordinary and special business. Under ordinary business, members will consider and adopt the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, along with the reports of the Board and Auditors.

Additionally, Hitesh Pragajibhai Dudhagara (DIN: 00414604), who retires by rotation, will offer himself for re-appointment as a director.

Special Resolution: Related-Party Transaction

A key special resolution seeks shareholder approval for material related-party transactions with Narmada Brass Industries, identified as a subsidiary. The Board proposes entering into service contracts with this entity for an amount not exceeding ₹50 crore during the financial year.

This transaction requires consent pursuant to Section 188 of the Companies Act, 2013, and Regulations 2(1)(zc) and 23(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Audit Committee and Board of Directors have recommended the resolution based on arm's length pricing principles.

Board Meeting Outcomes

The board meeting held on September 2, 2026, concluded with several other key approvals. The board considered and approved the draft Board Report along with annexures for FY26, pursuant to Section 134 of the Companies Act, 2013.

The board also approved the Management Discussion and Analysis Report for FY26, prepared in accordance with the Companies Act, 2013, and SEBI Listing Regulations. Furthermore, the board fixed the date, time, and place for the company’s 22nd Annual General Meeting (AGM) and appointed a scrutinizer for the same. The meeting commenced at 4:00 pm and concluded at 6:00 pm.

Appointment Details

Hitesh Pragajibhai Dudhagara has been re-appointed as Executive Director, designated as Managing Director, for a term of five years. The board approved the appointment on September 2, 2026.

The re-appointment is subject to shareholder approval at the ensuing general meeting. The term begins from March 4, 2026, following the recommendation of the audit committee.

Professional Background

Dudhagara oversees the overall operations of the company. His expertise lies in the brass industry sector. He currently serves as the chairman and managing director of Sprayking Limited.

He also holds directorships in Narmadeshwar Metal Private Limited and Narmadesh Brass Industries Limited. The disclosure notes he is the son of Pragjibhai Meghijibhai Patel and the husband of Ronak Hitesh Dudhagara, another director on the board.

Regulatory Compliance

The company made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to BSE Limited on September 2, 2026.