Sunrise Efficient Marketing Ltd

Statutory Auditor Re-appointment

• Type of change: Re-appointment of Statutory Auditors.
• Name and designation: M/s. SBMG & CO., Chartered Accountants — Statutory Auditors.
• Effective date and term: From conclusion of 06th AGM on Sept 24, 2026, for three years.
• Reason for change: Re-appointment for a further term of three consecutive years.
• Brief profile: SBMG & CO. provides audit, assurance, taxation services.
• Disclosure of relationships: N.A.

WTD appointment ratified

• Ratification of appointment of Pinkal Sureshbhai Pancholi as Whole-Time Director by AGM 24 Sep 2026.
• Reason: Ratification by members at the AGM.
• Date/term: Approved and ratified at AGM on Sept 24, 2026; term not specified.
• Profile: 24 years in energy-efficient and automation products; joined as WTD Feb 15, 2022.
• Education: B.E. Electricals.
• Relationships: Not related to any other directors.

Regularisation of two Non-Executive Independent Directors

• Hitesh Desai: Regularised as Non-Executive Independent Director; Additional Director since Jan 17, 2026.
• Shareholders approved regularisation at AGM on Sep 24, 2026.
• Term: first five-year term to Sep 23, 2031.
• Profile: 32+ years in logistics; GSFC, Reliance; SAP R/3.
• Not debarred by SEBI or authorities.
• Nirav Desai: Regularised as Non-Executive Independent Director; Additional Director since Jan 17, 2026.
• Profile: 27+ years in life sciences; VP-R&D at CPL Biologicals; founder of Yapan Bio.

AGM Details

• Date: 24 September 2026, 12:30 p.m. IST, in physical mode at the registered office.
• Record date: 17 September 2026; total shareholders on record: 1,897.
• No. of shareholders present: Promoters 7, Public 9.

Resolutions & outcomes

• Ordinary: Adoption of audited financial statements for the year ended 31 March 2026 — Passed.
• Ordinary: Re-appointment of statutory auditors for a further term — Passed.
• Ordinary: Regularisation of Independent Director — Passed.
• Ordinary: Regularisation of second Independent Director — Passed.
• Special: Ratification of re-appointment of Whole-Time Director — Passed.

Dividend & Related Parties

• Dividend: No dividend proposed or declared.
• Material related party transactions: None approved.

AGM Details

• Date/time/mode: 24 Sep 2026, 12:30 p.m., physical at registered office.
• Remote e-voting: 21–23 Sep 2026, 09:00–17:00 IST.
• Venue: Registered Office, Surat, Gujarat.
• Scrutinizer: M/s Dhirren R. Dave & Co., Company Secretaries.
• Meeting duration: 12:30 p.m. to 2:30 p.m.

Resolutions

• Ordinary: To receive, consider and adopt the Audited Financial Statements for FY 2025-26.
• Ordinary: Re-appointment of SBMG & Co. as Statutory Auditors for three consecutive years.
• Ordinary: Regularisation of appointment of Hitesh Gunvantbhai Desai as Independent Director.
• Ordinary: Regularisation of appointment of Nirav Manojbhai Desai as Independent Director.
• Special: Ratification of re-appointment of Pinkal Sureshbhai Pancholi as Whole-Time Director.

Voting Status

• Consolidated voting results and Scrutinizer's report to be submitted to stock exchanges and hosted on the company website.

Directors Changes

• Regularisation of Hitesh Gunvantbhai Desai as Independent Director.
• Regularisation of Nirav Manojbhai Desai as Independent Director.

Book closure details

• Book closure period: 18 September 2026 to 24 September 2026 (inclusive).
• Purpose: for the 06th Annual General Meeting of Sunrise Efficient Marketing Limited.
• AGM date and time: 24 September 2026 at 12:30 PM IST.
• Security: Equity Shares (543515).

AGM Details

• AGM date/time/mode: 24 September 2026, 12:30 PM IST, at the registered office, in-person.
• Record/book closure: Register of Members and Transfer Books closed 18–24 September 2026.
• Remote e-voting window: 21–23 September 2026; record date for voting: 17 September 2026.

Resolutions to be voted

• Ordinary: Adoption of Audited Financial Statements for year ended 31 March 2026.
• Ordinary: Re-appointment of SBMG & Co. as Statutory Auditors for three consecutive years.
• Ordinary: Regularisation of Hitesh Gunvantbhai Desai as Non-Executive Independent Director.
• Ordinary: Regularisation of Nirav Manojbhai Desai as Non-Executive Independent Director.
• Special: Ratification of re-appointment of Pinkal Sureshbhai Pancholi as Whole-Time Director.

Dividend

• Dividend: No dividend proposed or declared.

Director Changes

• Hitesh Desai: Independent Director; five-year term from Jan 17, 2026 to Jan 16, 2031.
• Nirav Desai: Independent Director; five-year term from Jan 17, 2026 to Jan 16, 2031.
• Pinkal Pancholi: Whole-Time Director; 3-year term Feb 15, 2025 to Feb 14, 2028.
• Remuneration last drawn for Pinkal Pancholi: 10.13 Lacs.

Auditor Appointments

• SBMG & Co. re-appointed as Statutory Auditors for three years.
• Remuneration to be determined by the Board in consultation with Auditors.
• Term ends at conclusion of the 09th AGM.

Financial performance

• Revenue from operations rose to ₹15,940.55 lakhs, up 23.47% YoY.
• Total income rose to ₹16,122.78 lakhs, up about 24.27% YoY.
• PBT ₹1,324.38 lakhs; PAT ₹993.43 lakhs.
• Dividend for FY2025-26 not declared.

Capital structure

• Authorised capital ₹25,00,00,000; paid-up ₹19,16,00,000 across 1,91,60,000 shares.
• Funds via share warrants: ₹8,181.54 lakhs; 9,78,000 warrants outstanding.
• Share application money pending allotment ₹349.40 lakhs.

Governance & audits

• Hitesh Desai regularised as Independent Director for five years (from 17 Jan 2026).
• Nirav Desai regularised as Independent Director for five years (from 17 Jan 2026).
• Pinkal Pancholi ratified as Whole-Time Director for three years.
• SBMG & Co. reappointed as Statutory Auditors for three years.
• CFO certification received; internal controls reviewed; Secretarial Audit: no qualifications; Board evaluation completed.

Subsidiaries & associates

• Subsidiary Suvarna Enterprise consolidated from Oct 1, 2025; 55% stake.
• Associate Suvarna Spinning Private Limited 30% stake; equity method; consolidation from Oct 2025.

ESG & sustainability

• 7,000 high-efficiency motors deployed; 1,500 kW power saved.
• Annual electricity savings about 13.14 GWh; CO2 reduction around 9.32 MT.
• Expanding energy efficiency initiatives across industries.

Growth strategy & product portfolio

• Portfolio expanded with ABB, MATEL, CB Doctor; Gulf and Polycab partnerships.
• Roadmap includes geographic expansion, product diversification, AI/ERP adoption.
• Customer focus, sustainability, and partnerships to drive growth.

Risks & outlook

• Risks: supply chain disruptions, competition, economic volatility, regulatory changes, cybersecurity.
• Outlook: growth via expansion and partnerships; cost discipline.

CSR & governance

• CSR spend ₹24.63 lakh; obligation ₹22.73 lakh; contributed ₹24 lakh to Jiva Hari Foundation.
• Secretarial governance: a Rs 1.45 lakh fine to BSE noted; no other material issues.

People & HR

• 94 permanent employees; median monthly remuneration ₹28,500.
• Average remuneration of KMP up 12% YoY.

AGM notice and date

• Notice of 6th AGM approved, including explanatory statement under Companies Act 2013.

AGM date and time

• Date and time fixed as 25 September 2026, 3:00 PM.

Annual report

• Annual Report for year ended 31 March 2026 approved for circulation with AGM notice.

Regularisation: Hitesh Desai

• Regularisation as Non-Executive Independent Director for 5 years (17 Jan 2026–16 Jan 2031), subject to member approval.

Regularisation: Nirav Desai

• Regularisation as Non-Executive Independent Director for 5 years (17 Jan 2026–16 Jan 2031), subject to member approval.

WTD re-appointment ratification

• Ratification of re-appointment as Whole-Time Director, subject to AGM approval.

Other AGM-related matters

• Arrangements for convening and conducting the 6th AGM approved.