Shangar Decor Ltd

AGM Details

• Date: 30 September 2026; mode: E-Voting and Poll.

Resolutions and outcomes

• Resolution 1: Adoption of financial statements for FY 2025-26 — Passed.
• Resolution 2: Reappointment of director retiring by rotation — Passed.
• Resolution 3: Reappointment of director retiring by rotation — Passed.

Director changes

• Two directors were reappointed after rotation; no new appointments or resignations.

AGM details

• Date and time: 30 September 2026 at 11:40 a.m.
• Mode: VC/OAVM.
• Concluded: 11:55 p.m.

Ordinary business resolutions

• Adoption of financial statements and report for FY 2025-26.
• Reappointment of Jalpa Moulin Shah as Director (retiring by rotation).
• Reappointment of Moulin Shah as Director (retiring by rotation).

Voting outcomes

• Adoption of financial statements deemed passed with requisite majority.
• Reappointment of Jalpa Moulin Shah deemed passed with requisite majority.
• Reappointment of Moulin Shah deemed passed with requisite majority.

Dividend

• No dividend proposed or declared.

Directors

• Jalpa Moulin Shah reappointed as Director (retiring by rotation).
• Moulin Shah reappointed as Director (retiring by rotation).

Shangar Decor Ltd - Trading Window closed for Designated Persons from 1 October 2026 until 48 hours after declaration of Standalone Unaudited Financial Results for the quarter ending 30 September 2026

Financial snapshot

• Revenue from operations: 527.80 lakhs; Total income: 528.08 lakhs for quarter ended 30 Jun 2026.
• Net profit for the period: 69.31 lakhs; Profit before tax: 92.72 lakhs.
• Earnings per share: Basic 0.01; Diluted 0.01 for quarter ended 30 Jun 2026.
• Board approved unaudited results; Limited Review Report issued by SK Bhavsar & Co.
• No reportable segments; company operates in a single Event Management segment.

Notes & audit

• Emphasis of Matter: trade receivables, payables, and loans pending verification.
• Closing stock and investments not verified; reliance on management representations.
• Statutory auditors conduct: Limited review, not an audit.
• Standalone unaudited results for quarter ended 30 June 2026.

Awards received

• Shangar Decor received four awards at the Event Management Federation Global function in Kathmandu, Aug 1, 2026.
• Gold Award for Best Flower Decor of the Year.
• Silver Award for Best Wedding Destination (India).
• Silver Award for Best Production House of the Year.
• Bronze Award for Best Production House of the Year.

Meeting Details

• Board meeting scheduled for 14 August 2026 at the registered office; time not disclosed.

Key Agenda Items

• To consider and approve unaudited standalone financial results for the quarter ended 30 June 2026.
• Any other items with the permission of the chairperson.

Other Notes

• Trading window closed for Designated Persons and relatives from 01 July 2026 until 48 hours after results.

Resolutions and outcome

• Special: appoint Darshil Shah (DIN 09013533) as Independent Director; no equity terms; promoter interest: none; outcome: approved.
• Special: appoint Konark Patel (DIN 10832659) as Independent Director; no equity terms; promoter interest: none; outcome: approved.

Governance impact

• Two independent directors appointed; no change to promoter holdings.
• Board composition updated; no material change to control.

Meeting/voting context

• EGM held on 30 June 2026; approvals.

Resolution 1: Darshil Shah

• Type: ordinary; Nature: appointment of independent director (non-exec) Darshil Shah (DIN 09013533).
• Voting: approved; 99.13% assent, 0.87% dissent.

Resolution 2: Konark Patel

• Type: ordinary; Nature: appointment of independent director (non-exec) Konark Patel (DIN 10832659).
• Voting: approved; 99.67% assent, 0.33% dissent.

Resolutions proposed

• Special resolution to appoint Darshil Hemendrakumar Shah (DIN 09013533) as Independent Director.
• Special resolution to appoint Konark Patel (DIN 10832659) as Independent Director.

Voting status

• Voting results pending; e-voting open; results to be announced later.

Governance impact

• If approved, two independent directors would join the board.