Mystic Electronics Ltd

Independent Director Appointment

• Mr. Nikhil Kumar Rungta appointed Non-Executive Independent Director for five years.
• Appointment approved by members at the 15th AGM held on 29 September 2026.
• Term to commence 29 September 2026 and continue for five years until 28 September 2031.
• DIN 08789354; BLS LLB with 13+ years in corporate laws and indirect taxes.
• He does not have an inter-se relationship with any Director or KMP.
• Not debarred from director office by SEBI or other authority.

AGM Details

• Held on 29 September 2026 via VC/OAVM, 11:00–11:45 AM.
• Remote e-voting window 26–28 September; voting during AGM via e-voting.

Resolutions

• Ordinary: Adoption of Audited Financial Statements with Board and Auditor reports.
• Ordinary: Re-appointment of director retiring by rotation.
• Special: Appointment of an Independent Director.
• Ordinary: Approval of related party transactions under section 188.

Voting status

• Voting results not disclosed; to be announced on BSE and company website within two working days.

Key dates and actions

• Book closure from 23 September 2026 to 29 September 2026 (inclusive) for AGM.
• Cut-off date 22 September 2026 determines entitlement to participate in AGM voting.
• AGM date: 29 September 2026.
• Remote e-voting window: 26 September 2026 09:00 to 28 September 2026 17:00.
• Affected security: equity shares.

Appointments/Resignations

• Proposed appointment of Nikhil Kumar Rungta as Non-Executive Independent Director.
• Term: five years from 29 Sep 2026 to 28 Sep 2031.
• Profile: LLB, 13+ years in corporate laws and litigation.
• No inter-se relationships with Directors or KMP.
• Not debarred from holding director office.

Governance & AGM

• Adoption of Secretarial Audit Report for FY 2025-26.
• Directors' Report and annexures for FY ended 31 Mar 2026.
• Notice for 15th AGM with VC/OAVM dated 29 Sep 2026 fixed.
• Appointment of Mr. Arvind Dhanraj Baid as Scrutinizer for AGM e-voting.

Director cessation and committee impact

• Cessation: Mr. Manaklal Agrawal, Independent Director, ceases on 30 July 2026 after tenure.
• Ceases as Chairman/Member of board committees from 30 July 2026.
• Revised committee composition effective 30 July 2026, approved by Board on 29 July 2026.
• Reason: completion of tenure; not attributable to any other reason.

Financial results and disclosures

• Board approved un-audited Q1 FY2026 results for quarter ended 30 June 2026.
• Limited Review Report by statutory auditors issued with unmodified opinion.
• Results prepared under IND AS; disclosure per SEBI LODR requirements.
• Results to be published in English and regional newspapers; hosted on company website and BSE.
• Trading window reopens on 31 July 2026.

Board committee reconstitution

• Reconstitution of Board Committees effective 30 July 2026.
• Annexure-A provides revised Audit, Nomination & Compensation, and Stakeholders Relationship committees.
• Audit Committee chair Himanshu Agarwal; members Nirali Thingalaya and Krishan Khadaria.
• Nomination and Compensation Committee chair Nirali Thingalaya; other members Himanshu Agarwal, Krishan Khadaria.
• Stakeholders Relationship Committee chair Himanshu Agarwal; members Nirali Thingalaya and Krishan Khadaria.

Financial results

• Un-audited standalone Q1 2026 results approved by Board; reviewed by Audit Committee; prepared per IND AS.
• Limited Review Report by statutory auditor issued with unmodified opinion.
• Results to be published in newspapers and hosted on company website.

Board committees

• Reconstitution of Board Committees; revised composition effective 30 July 2026; Annexure-A.

Trading and disclosures

• Trading window to reopen 31 July 2026, after 48 hours from results declaration.

Dematerialisation status

• No dematerialisation requests were received during the reporting period.