Jattashankar Industries Ltd

AGM Details

• AGM held 28 September 2026 at 2:00 PM via VC/OAVM.
• Record date for voting: 21 September 2026.
• Total shareholders on record: 3,223.
• Attendees via VC/OAVM: 35 (5 promoters, 30 public).
• Total resolutions passed: 7.

Key Resolutions and Outcomes

• Res 1 (Ord): Adopt audited financials; passed; 27,75,386 in favour, 1 against.
• Res 2 (Ord): Re-appoint Vishal Ashara; passed; 27,75,386 in favour, 1 against.
• Res 3 (S): Cancel prior Resolution; passed; 27,75,386 in favour, 1 against.
• Res 4 (S): Shift registered office to Gujarat; passed; 27,75,386 in favour, 1 against.
• Res 5 (Ord): Sub-division of equity shares; passed; 27,75,386 in favour, 0 against.
• Res 6 (Ord): Alter MOA due to sub-division; passed; 27,75,386 in favour, 0 against.
• Res 7 (S): Adopt new MOA per Companies Act; passed; 27,75,386 in favour, 0 against.

Attendance & Voting Summary

• Total votes polled across resolutions: 2,775,387; in favour: 2,775,386; against: 1.
• Overall approval near 100% across all resolutions.

Director Changes

• Appointment by rotation: Vishal Prakashbhai Ashara (DIN 11150490) as Director.
• Term not specified; remuneration not disclosed.

AGM Details

• Date and time: 28 September 2026, 2:00 PM.
• Mode: VC/OAVM as per MCA/SEBI guidelines.
• Quorum: 35 shareholders; meeting concluded at 2:33 PM.
• Agenda: All businesses in the 2 Sept 2026 notice were transacted.

Resolutions proposed

• Item 1 (Ordinary): Adoption of Audited Financial statements for year ended 31 March 2026.
• Item 2 (Ordinary): Re-appointment of Vishal Ashara as director on rotation.
• Item 3 (Special): Cancellation of resolution from 37th AGM (2025).
• Item 4 (Special): Shift registered office from Maharashtra to Gujarat; MOA alteration.
• Item 5 (Special): Sub-division of equity shares.
• Item 6 (Special): Alteration in Clause V (Capital) of the MOA.
• Item 7 (Special): Adoption of new MOA under Companies Act 2013.

Voting status

• Voting results will be announced and posted on the company website.
• Scrutinizer's report to stock exchange within 48 hours of meeting.

Director changes

• Re-appointment of Vishal Ashara as director (rotation).

Share split and capital structure

• Approved subdivision of equity shares from Rs 10 to Re 1, subject to approvals.
• Record date to be fixed by the Board and notified to exchanges.

Registered office shift

• Approved shifting registered office from Maharashtra to Gujarat; MOA clause amendment awaited approvals.
• Board to seek shareholder and regulatory approvals as required.

Cancellation of earlier RO resolution

• Cancelled August 2025 resolution shifting RO; superseded by current relocation plan.

MOA amendment and AGM notice

• Adoption of amended MOA under Companies Act 2013, subject to shareholders' approval.
• 38th AGM scheduled for 28 September 2026 at 2:00 PM via video conferencing.

Warrants and scrutinizer

• Allotted 80,88,695 Convertible Warrants; conversion on exercise post-sub-division pending.
• Warrants convertible into equity on exercise after sub-division.
• Appointed M/s B.S. Vyas & Associates as Scrutinizer for AGM E-voting.

Meeting Details

• Date and time: 2 September 2026 at 03:00 PM; venue: Office No. B-311, Empire Business Hub, Sola, Ahmedabad.

Key Agenda Items

• Propose subdivision/split of equity shares subject to shareholders' and regulatory approvals.
• Any other business incidental to the agenda as permitted by the Chairman.

Other Notes

• Intimation of board meeting dated 30 August 2026 references the September meeting.

Fund-raising and deviation status

• Mode of fund raising: preferential issue of convertible warrants.
• Total proceeds raised disclosed with no deviation reported.
• Deviation in use of funds: none; objects unchanged.
• Audit Committee reviewed; comments from auditors: NIL.
• Monitoring agency: Not Applicable.
• Original vs modified objects: no material deviations.
• Utilisation status: partly utilised with some unutilised funds.

Financials

• Net sales from operations (quarter ended 30 Jun 2026): ₹3,578.30 lakh (Unaudited).
• Net profit after tax: ₹91.83 lakh for the quarter.
• Basic EPS: ₹2.09; Diluted EPS: ₹2.09 per share.
• Board approved unaudited results on 13 Aug 2026.
• Limited Review conducted by K.K. Jhunjhunwala & Co.

Capital raise & use of funds

• Convertible warrants raised: ₹23,14,41,985 across five Jun 2026 tranches.
• Warrants allotted: 1,305,000; 1,305,000; 1,425,000; 1,600,000; 758,695.
• Second tranche consideration received: ₹4,54,02,000.
• Total funds raised as of 30 Jun 2026: ₹23,14,41,985.
• No deviation in use of funds; objects: working capital and general corporate purposes.
• Board approval date: 13 Aug 2026; postal ballot approval: 11 Jun 2026.
• Warrant pricing: ₹92 per warrant; subscription ₹23; exercise ₹69.

Meeting Details

• Board meeting on 13 August 2026, 04:00 PM, at Corporate Office, Office No B-311, 3rd Floor.

Key Agenda Items

• Consider unaudited financial results for Q1 ended 30 June 2026, with Limited Review Report.

Other Notes

• Trading window closed from 01 July 2026; will open 48 hours after results announcement.