Nila Spaces Ltd

AGM Details

• Date and time: September 29, 2026, 11:30 AM.
• Mode: VC/OAVM.
• EVoting cut-off: September 22, 2026.
• Shareholders on cut-off: 83,993.
• VC attendance: Promoter Group 6, Public 42.

Key Resolutions

• Ordinary: Adoption of standalone and consolidated financial statements; passed with 99.99% in favour.
• Ordinary: Re-appoint Anand Patel by rotation; passed with 99.986% in favour.
• Ordinary: Ratify cost auditor remuneration; passed with 99.987% in favour.
• Special: Appoint Deep S. Vadodaria as Chairman & Managing Director; passed with 99.984% in favour.
• Special: Re-appoint Prashant H. Sarkhedi as Whole-Time Director; passed with 99.986% in favour.
• Special: Approve borrowing powers under section 180(1)(c); passed with 99.986% in favour.
• Special: Approve authority under section 180(1)(a); passed with 99.990% in favour.
• Special: Approve loan and investment under section 186; passed with 99.921% in favour.
• Special: Approve loan transactions under section 185; passed with 99.921% in favour.
• Ordinary: Modify MRTP with Nila Urban Living for FY2026-27; passed with 98.968% in favour.
• Ordinary: Modify MRTP with Deep S. Vadodaria for FY2026-27; passed with 98.911% in favour.

Directors & Management Changes

• Deep S. Vadodaria appointed Chairman & Managing Director.
• Prashant H. Sarkhedi appointed Whole-Time Director (Director Finance).
• Anand Patel re-appointed by rotation.

Auditors

• Remuneration of Cost Auditor ratified.

Related Party Transactions

• Modification of MRTP with Nila Urban Living Private Limited for FY2026-27 approved.
• Modification of MRTP with Deep S. Vadodaria for FY2026-27 approved.

AGM Details

• AGM held on 29 September 2026 at 11:30 AM via VC/OVM.
• E-voting cut-off date: 26 September 2026.
• Total shareholders on record date: 83,993.

Resolutions and outcomes

• Adopt audited financial statements and reports for FY ended 31 March 2026 — Ordinary resolution passed.
• Reappoint Anand Patel as Director retiring by rotation — Ordinary resolution passed.
• Ratify remuneration of Cost Auditor M/s Dalwadi & Associates — Ordinary resolution passed.
• Appoint Deep S Vadodaria as Chairman & Managing Director — Special resolution passed.
• Re-appoint Prashant H Sarkhedi as Whole Time Director (Finance) — Special resolution passed.
• Borrowing powers under section 180(1)(c) — Special resolution passed.
• Authority under section 180(1)(a) of the Companies Act — Special resolution passed.
• Loans/investments under section 186 — Special resolution passed.
• Loans under section 185 — Special resolution passed.
• Modify material related party transactions with Nila Urban Living for FY2026-27 — Ordinary resolution passed.
• Material related party transactions with Deep S Vadodaria for FY2026-27 — Ordinary resolution passed.

Directors

• Anand Patel reappointed as Director (retiring by rotation).
• Deep S Vadodaria appointed as Chairman & Managing Director.
• Prashant H Sarkhedi re-appointed as Whole Time Director (Finance).

Auditors

• Remuneration of Cost Auditor ratified: M/s Dalwadi & Associates.

Material Related Party Transactions

• Modification of related party transactions with Nila Urban Living Private Limited for FY2026-27.
• Approval of related party transactions with Deep S Vadodaria for FY2026-27.

Other material approvals

• Borrowing powers, section 180 approvals, and section 185 loan approvals as approved.

KYC updation for physical shareholders

• SEBI circular consolidates KYC norms for physical holders, including PAN, contact, bank details, and nomination.
• Members must furnish PAN, contact details, bank account, and specimen signature to the Registrar.
• Nomination is optional; non-submission may hinder grievances and dividend payments.
• Special Window (Feb 5, 2026–Feb 4, 2027) enables transfer/dematerialisation of pre-2019 physical securities.
• RTA contact: MCS Share Transfer Agent Ltd; submission in person, by hard copy, or e-sign.
• ISR forms are downloadable from the company website for KYC updation.

Nila Spaces Ltd – Trading window closure notice

Reg 29(2) Disclosure – Nila Spaces

• Target Company: Nila Spaces Limited.
• Disclosing Party: Kiran B Vadodaria, promoter.
• Transaction Type: Disposal of shares via open market sale.
• Pre-Transaction Holding: 26,039,697 shares; 6.61%.
• Transaction Details: Sold 1,000,000 shares open market; 0.25% of total voting capital.
• Post-Transaction Holding: 25,039,697 shares; 6.36%.
• Transaction Dates: 17 Sep 2026; 18 Sep 2026.
• Share Capital Context: Before: 393,889,200; After: 393,889,200.
• Diluted Capital: 393,889,200.

Promoter sale details

• Promoter Kiran B Vadodaria sold 640,368 shares via open market on 07-09-2026.
• Sale represented 0.16% of diluted voting capital.
• Holding decreased from 26,680,065 shares (6.77%) to 26,039,697 shares (6.61%).
• Equity capital remained INR 393,889,200; diluted capital unchanged.
• Mode: open market sale; dates 07-09-2026 and 09-09-2026.

Key disclosures

• AGM 26 scheduled for 29 September 2026 at 11:30 a.m. (1.S.T.) via VC/OAVM
• Notice and Annual Report for FY 2025-26 accessible via NSL links
• Weblinks also available on BSE and NSE websites
• Mailing to members without registered emails; links provided to access documents
• Members urged to register/update email addresses with DP or RTA for future notices
• Demat holders to update KYC; physical holders to submit ISR to RTA

Key dates and details

• Book closure from 23 September 2026 to 29 September 2026 inclusive.
• Purpose: book closure for the 26th AGM.
• Cut-off date for voting eligibility: 22 September 2026.
• Voting rights determined by shareholding as on 22 September 2026.
• AGM date: 29 September 2026 at 11:30 AM via VC/OAVM.
• Security: equity shares of Nila Spaces Ltd.
• Remote e-voting window: 24 September 2026 09:00 to 29 September 2026 17:00.

AGM details

• AGM date/time: 29 September 2026 at 11:30 AM, VC/OAVM.
• Record and share transfer books closed 23–29 September 2026 (inclusive).
• E-voting window from 24–28 September 2026.
• Voting cut-off date: 22 September 2026.
• Attendance via VC/OAVM; cap of 1000 members.

Ordinary business

• Adoption of financial statements and consolidated reports.
• Re-appointment of director by rotation.

Special business

• Ratify remuneration of Cost Auditor for 2026-27.
• Appointment of MD for three-year term; monthly cap.
• Re-appointment of Whole Time Director (Director Finance) for three years; monthly cap.
• Borrowing powers under section 180(1)(c) up to aggregate limit.
• Create mortgages/charges under section 180(1)(a).
• Loans/investments under section 186 up to limit.
• Loans to related parties under section 185 up to limit.
• Material RPT with NULPL for FY 2026-27.
• Material RPT with Deep S. Vadodaria and relatives for FY 2026-27.

Dividend

• Dividend not proposed for this year.

Directors / Auditors

• Director rotation: ordinary re-appointment of existing director by rotation.
• MD appointment for three-year term; remuneration cap.
• Director Finance appointment/re-appointment for three years; remuneration cap.
• Cost Auditor remuneration ratified.

Auditors & secretarial

• Secretarial Auditor appointment previously for five-year term.
• Scrutinizer appointed for e-voting process.

Material related party transactions

• RPT with NULPL: approvals for loans, land, and services (Annexure F disclosed).
• RPT with promoter group entity Deep S. Vadodaria and relatives.

Other material approvals

• RPT framework aligned with SEBI LODR; omnibus approvals contemplated.