Gagan Gases Ltd

AGM Details

• Date and time: 26 September 2026, 10:00 AM, at the registered office Indore.
• Mode: physical AGM with remote e-voting facility.
• Record date: 8,830 shareholders on record; book closure not disclosed.

Resolutions proposed

• Resolution 1: Adoption of audited financial statements and reports — Ordinary; ballot/e-voting.
• Resolution 2: Re-appointment of Shri K.R. Maheshwary as Director by rotation — Ordinary; ballot/e-voting.
• Resolution 3: Re-appointment of Mr. Dinesh Kumar Randhar as Independent Director — Special; ballot/e-voting.

Voting outcomes

• Resolution 1 passed with 99.99% in favor; minimal against.
• Resolution 2 passed with 99.99% in favor; minimal against.
• Resolution 3 passed with 99.99% in favor; minimal against.

Director changes

• K.R. Maheshwary re-appointed as Director (by rotation).
• Dinesh Kumar Randhar appointed as Independent Director.

GAGAN GASES LIMITED — Trading Window closed from 1 October 2026 till the end of forty- eight hours from the date of declaration of quarterly results for the second quarter ended 30.09.2026.

AGM outcomes

• Audited P&L for year ended 31 March 2026 and Balance Sheet as on that date adopted.
• Shri K.R Maheshwary re-appointed as Director, liable to retire by rotation.
• Shri Dinesh Kumar Randhar re-appointed as Independent Director for 3 years from 26.09.2026 to 26.09.2029.

Financial performance

• Revenue from operations: Rs 602.62 lacs; total income: Rs 608.77 lacs.
• Net profit after tax: Rs 13.97 lacs; EPS: Rs 0.00.
• Accumulated losses at year-end: Rs 107 lacs, down from Rs 121 lacs.
• Dividend not recommended due to losses.

Liquidity & cash flows

• Net cash from operating activities: Rs -7.56 lacs.
• Investing activities: Rs 5.99 lacs inflow.
• Financing activities: Rs -3.00 lacs outflow.
• Closing cash balance: Rs 39.97 lacs (opening Rs 50.23).

Balance sheet & capital structure

• Total assets: Rs 405.87 lacs.
• Share capital: Rs 451.85 lacs; other equity: Rs -106.72 lacs.
• Long-term borrowings: Rs 2.93 lacs; lease liability: Rs 36.33 lacs.
• Current liabilities: Rs 15.82 lacs; current assets: Rs 353.89 lacs.

Governance & audit

• Statutory auditors: Dilip K Neema & Associates.
• Secretarial auditor: Heena Agrawal; audit confirms compliance.
• Board approves 3-year Independent Director re-appointment; subject to members' approval.
• Four board meetings held in 2025-26.

Operations & business developments

• LPG bottling plant located at Pithampur, Dhar (MP).
• Markets LPG in 17/21/33 kg cylinders; provides bottling services.
• Supplies LPG to Reliance Petro Marketing and Aegis Gas.
• Outlook: domestic LPG demand expected to rise with economic activity.

Dividends & shareholding

• Dividend not declared for 2025-26.
• Promoters hold 38.75%; major holders include Gagan Maheshwary (8.27%) and Gagan Investment Pvt Ltd (9.90%).
• CSR: not required in 2025-26.

Outlook, risks & controls

• Risk management policy in place; no major risks identified.
• Internal controls confirmed adequate; governance processes in place.
• No material post-year-end changes reported.

AGM details

• AGM scheduled at 10:00 AM, physical meeting at registered office.

Key resolutions

• Adopt audited financial statements and related reports.
• Re-appoint director retiring by rotation.
• Propose re-appointment of independent director for three years, subject to member approval.

Voting results

• Voting results not disclosed in filing.

Dividends

• No dividend proposal mentioned.

Director changes

• Re-appointment of director by rotation; independent director proposed for re-appointment.

Auditors

• No auditor appointments or changes disclosed.

Material related party transactions

• No material related party transactions disclosed.

Other material approvals

• No other material approvals disclosed.

Book Closure Details

• Book Closure: 19.09.2026 to 26.09.2026 (both days inclusive) for AGM.
• Record Date: 18.09.2026 to determine voting eligibility.
• Security: Fully paid up equity shares of Rs 10 each.
• Event Date: AGM scheduled on 26 September 2026 at 10:00 A.M.
• Purpose: Annual General Meeting.

AGM Details

• 40th AGM on 26 September 2026 at 10:00 AM, physical at registered office in Indore.

Board meeting outcomes

• Board approved unaudited financial results for the quarter ended 30 June 2026.
• Limited Review Report on the quarter ended 30 June 2026 enclosed.
• 40th AGM to be held 26 September 2026 at 10:00 AM at registered office.
• Board meeting held on 10 August 2026 from 2:00 PM to 3:00 PM.