Hari Govind International Limited's board of directors convened on March 3, 2026, to approve several significant corporate decisions that signal a strategic transformation for the company. The meeting, which lasted from 5:30 p.m. to 6:20 p.m., covered multiple agenda items ranging from name change proposals to business expansion plans.

Proposed Name Change and Corporate Restructuring

The board approved a proposal to change the company's name from "Hari Govind International Limited" to "Popees Baby Care India Limited." This change is subject to approval from shareholders and regulatory authorities including the Stock Exchange and Registrar of Companies.

Concurrently, the board considered requests from Mr. Jugal Kishor Maniyar (HUF) and Mrs. Sunita Maniyar for reclassification from the "Promoter and Promoter Group" category to the "Public" category, pending shareholder and Stock Exchange approval.

Leadership Changes

The board acknowledged the resignations of three key directors effective February 14, 2026:

Business Expansion Strategy

As part of its growth strategy, the company approved the opening and commencement of operations of Exclusive Brand Outlets (EBOs) on a Pan-India basis under the "Popees" brand. This expansion aligns with the proposed name change and represents a significant shift in the company's business focus.

Related Party Transactions

The board approved substantial related party transactions with eight entities, each valued at Rs.100 crore per financial year:

These transactions encompass various activities including sale and purchase of materials, rendering services, property transactions, leasing arrangements, and appointment of agents.

Financial Proposals

The board approved three significant financial proposals, each requiring shareholder approval through special resolutions:

Committee Reconstitution and Administrative Decisions

Effective March 3, 2026, the board reconstituted various committees with new compositions. The Audit Committee will be chaired by Mr. Rishin Rasheed, while the Nomination and Remuneration Committee will be headed by Reveesh Moolamkuzhiyil Varghese, and the Stakeholders Relationship Committee will be chaired by Mrs. Linta Purayidathil Jose.

The board also approved the draft Postal Ballot Notice for seeking member approval on the aforementioned matters and appointed Central Depository Services (India) Limited (CDSL) as the e-voting service provider. CS Liya Antony was appointed as Scrutinizer for the e-voting process.

Additionally, Mr. Shaju Thomas, Managing Director, was designated as the Authorised Signatory to represent the company before various authorities and execute necessary documents on behalf of the organization.

Source: None/Company/INE167F01018/a05a2448-69af-4817-9a26-542a37ac5f12.pdf

Popees Cares Limited successfully conducted its Extraordinary General Meeting on February 21, 2026, through video conferencing, addressing several critical business matters. The meeting, chaired by Director Shaju Thomas, commenced at 12:00 PM IST and concluded at 12:26 PM IST, with 47 members participating virtually out of 7242 total shareholders as on the cut-off date of February 14, 2026.

Meeting Structure and Participation

The EGM was conducted in compliance with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The company provided electronic voting facilities to its members, with remote e-voting commencing at 9:00 AM IST on February 18, 2026, and concluding at 5:00 PM on February 20, 2026. M/s. Suprabhat & Co. Practicing Company Secretary, with proprietor Suprabhat Chakraborty (Membership No: A41030, CP No: 15878), served as the scrutinizer for the electronic voting process.

Key Resolutions Approved

The EGM addressed six special business items, all requiring special resolutions:

Corporate Name Change

The most significant resolution involved changing the company's name from "Popees Cares Limited" to "Koiya International Limited." This strategic rebranding represents a major corporate development that will require regulatory approvals and subsequent compliance procedures.

Governance and Financial Authorizations

The meeting approved several governance and financial measures designed to enhance operational flexibility. The regularization of Mr. Saroj Kumar Choudhury as an Independent Director strengthens the board composition. Additionally, the company secured authorization for increased borrowing limits and the ability to provide loans, guarantees, and investments up to ₹100 crores under Section 186 of the Companies Act, 2013.

Regulatory Compliance and Next Steps

The company maintained full regulatory compliance throughout the process, with voting results to be disclosed by February 23, 2026, and the scrutinizer's report by February 24, 2026. All results and documentation will be communicated to BSE Limited and made available on the company's website at www.popeescars.com . The EGM proceedings demonstrate the company's commitment to transparent governance while positioning itself for future growth through enhanced operational capabilities and strategic rebranding.