Thacker & Company Ltd

KYC updates for physical shareholders

• Letters sent to holders of physical shares to update KYC details per SEBI circulars via Satellite Corporate Services.
• KYC updates include PAN, address, email, mobile, demat details, bank details, and nomination where applicable.
• Communications to shareholders and forms downloadable via RTA; e-sign and dematerialization encouraged.

Resolutions proposed

• Item 1 (Special) - Re-appointment of Raju R. Adhia as Manager for five years.
• Item 2 (Special) - Alter Articles to insert Buy-Back of Securities (Article 63A).
• Item 3 (Ordinary) - Appoint M/s. V K Beswal & Associates as Statutory Auditors.
• Item 4 (Ordinary) - Continue/modify BPIL ICD with mortgage security up to Rs 200 Cr.
• Outcome: results to be announced by 24 October 2026.
• Voting window: 23 September 2026 to 22 October 2026.

Item 1 details

• Role/term: Manager for five years starting from approval.
• Remuneration: Rs 13,80,000 per annum.
• Age: 66; will turn 70 on 10 June 2030.
• Experience: 30+ years; Designated Partner in Mossmark LLP (promoter group).
• Special Resolution; board recommended; continuity based on expertise.

Item 2 details

• Purpose: Alter Articles to insert Buy-Back of Securities.
• Nature: Enables buy-back; enabling provision only.
• Legal basis: Section 14 and related regulations.
• Voting window: 23 September 2026 to 22 October 2026.
• Note: Enabling provision does not commit to a buy-back.

Item 3 details

• Appointed: M/s. V K Beswal & Associates as Statutory Auditors.
• Term: From board approval 13 August 2026 until next AGM.
• Remuneration: To be determined by Board in consultation with VKB.
• Casual vacancy due to resignation of P.R. Agarwal & Awasthi.

Item 4 details

• Continuation/modification of BPIL inter-corporate deposits for five years (FY 2026-27 to 2030-31).
• Aggregate ICD outstanding cap: Rs 20 Crores; overall mortgage cap: Rs 200 Crores.
• Interest rate: 9% to 12% per annum; payable annually within three months.
• Joint mortgage over BPIL property in favour of multiple lenders; AMJ Land Holdings Lead Mortgagee.
• Promoter group BPIL; common directors Arun Jatia and Surendra Bansal.
• Security over BPIL land near Hinjewadi; valuation details and BPIL promoter connections.

Voting timeline

• Remote e-voting runs 23 Sep 2026 to 22 Oct 2026.
• Cut-off date for eligibility: 18 Sep 2026.
• Results to be announced by 24 Oct 2026.

AGM Details

• AGM held on 25 August 2026 via Video Conference / OAVM.
• Start time 11:30 AM; end time 12:02 PM.
• Record date 18 August 2026; total shareholders on record 959.
• Attendance via VC: promoters 7, public 2.

Key Resolutions

• Resolution 1: Adopt Audited standalone and consolidated financial statements for FY 2026.
• Resolution 2: Reappoint Arunkumar Mahabirprasad Jatia (DIN 01104256) retiring by rotation.

Voting Results

• Resolution 1 passed; 5 votes against.
• Resolution 2 passed; 338 votes against.

Director Changes

• Director Arunkumar Mahabirprasad Jatia reappointed.

AGM Details

• AGM held on 25 August 2026 at 11:30 a.m. via VC/OAVM.
• Deemed venue: Corporate Office; no physical attendance.
• Remote e-voting closed 24 August 2026 at 5:00 p.m.
• Chair elected: Surendra Kumar Bansal to preside.

Key Resolutions

• Adoption of audited standalone and consolidated financial statements for the year ended 31 March 2026.
• Appointment of director by rotation: Arunkumar Jatia retires and offers re-appointment.

Voting Status

• Voting results to be announced within 48 hours.
• No queries were raised during the AGM.

Attendance and Auditor Notes

• Statutory and secretarial auditors were present; no qualifications flagged in their reports.
• Ms. Vrinda Jatia did not attend the AGM.

Board outcome & results

• Board took on record standalone and consolidated unaudited results for quarter ended 30 June 2026.
• Limited Review Report attached; results reviewed by independent auditors.
• Consolidated results include two associate companies; revenue and PAT disclosures provided.
• Independent auditor's review concluded no material misstatement.
• Board meeting on 13 August 2026; 4:00–4:30 PM.

AR access and AGM timetable

• AR FY2025-26 accessible on company and BSE websites via links.
• AGM 148th scheduled for Aug 25, 2026 via VC/OAVM.
• E-voting cut-off date: Aug 18, 2026.
• Remote e-voting window: Aug 22, 2026 to Aug 24, 2026.
• Letter with AR access path dispatched to shareholders without registered emails.

KYC updation and nomination registration

• Physical-form holders must update KYC details per SEBI circulars.
• Required documents include PAN, bank details, address, mobile, email, and nomination details.
• Mandatory forms ISR-1 and ISR-2; ISR-3 or SH-13/SH-14 where applicable.
• Submit completed forms to Satellite Corporate Services RTA in Mumbai with supporting documents.