Abhishek Corporation Ltd

AGM Details

• Date and time: 30 September 2026 at 11:00 AM via Video Conferencing.
• Mode: Video Conferencing / Other Audio-Visual Means.
• Quorum present; 27 shareholders attended.
• Notice issued: 1 September 2026; meeting concluded 11:25 AM.

Key Resolutions

• Ordinary: Adopt Audited Financial Statements for year ended 31 March 2026.
• Ordinary: Re-appoint Madhubala D. Choudhari as Director by rotation.
• Ordinary: Re-appoint Statutory Auditors.
• Special: Appoint Prathamesh Mukund Gaikwad as Non-Executive Independent Director.
• Special: Appoint Deepak Chaganlal Choudhari as Managing Director.
• Special: Approve Material Related Party Transaction with Mahaalaxmi Textile.

Director Changes

• Retirement by rotation: Madhubala D. Choudhari; re-appointment proposed.
• New Independent Director appointed: Prathamesh Mukund Gaikwad.
• Managing Director appointed: Deepak Chaganlal Choudhari.

Auditor Appointments

• Statutory Auditors: Re-appointment approved.

Material Related Party Transactions

• RPT with Mahaalaxmi Textile approved.

Voting Results

• Results to be declared within 48 hours; posted on website and communicated to exchanges.

Abhishek Corporation Ltd trading window closed from Oct 01, 2026 till 48 hours after the date of Board Meeting for unaudited results for quarter and half year ended Sep 30, 2026

Board actions

• Board approves Q1 FY2026-27 standalone unaudited results for quarter ended 30 June 2026.
• Appointed Mr. Prathamesh M. Gaikwad as Additional Director (Non-Executive Independent) from Aug 14, 2026.
• Appointment subject to regularization and approval at ensuing Annual General Meeting.
• Board meeting duration 2:00 PM to 3:30 PM.
• Company operates in single textile segment per Ind AS 108.
• Limited Review Report indicates no material misstatement; audit not conducted.

Meeting Details

• Board meeting scheduled for 14 August 2026 at 2:00 PM, at the registered office.

Key Agenda Items

• Consider and approve unaudited financial results for quarter and year ended 30 June 2026, with Limited Review Report.

Other Notes

• Trading window closed from July 01, 2026 to August 16, 2026 inclusive.

Governance updates

• Integrated Governance Report under SEBI LODR for quarter ending 30 June 2026.
• Board composition shows a regular Chairperson who is related to the MD/CEO.
• Executive Director and Chairperson/CEO-MD: Dhruv Narendra Jain.
• Independent directors: Mandar Deepak Jadhav, Veerendra Mohanrao Mane, Tausif Gaus Solapure.
• Audit Committee chaired by Dhruv Narendra Jain; Nomination & Remuneration chaired by Mandar Deepak Jadhav.
• Stakeholders Relationship Committee chaired by Veerendra Mohanrao Mane; Risk Management chaired by Tausif Gaus Solapure.
• Board meetings held four times: 13-Feb-2026, 10-Apr-2026, 29-May-2026, 18-Jun-2026.
• Annexure I compliance: Parts A–D applicable; Part E no ongoing tax disputes.
• Cyber security: No incidents reported in the quarter.
• No material changes to governance structure or strategy reported.

Overview

• Purpose: Statement of Deviation/Variation in utilisation of funds raised.
• Mode of fund raising: NA.
• Date of raising funds: NA.
• Amount raised: NA.
• Monitoring agency: NA.
• Deviation in use of funds: NA.
• If deviation exists: NA.
• Audit Committee comments: NA.
• Auditors comments: NA.
• Original vs modified objects: NA.
• Status of fund utilisation: NA.

Dematerialisation status

• Securities received for dematerialisation were confirmed processed and listed on exchanges.
• Certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository's name was substituted as registered owner in the records within prescribed timelines.