Explains Delay in Disclosing ROC Approval for One-Month AGM Extension

The company explained why it disclosed a material event late.

Fri 25 Sep 2026

AGM Extension Granted

1 month extension granted by ROC Mumbai

New AGM Due Date

on or before 31 October 2026

Original AGM Due Date

30 September 2026

Material Event Date

31 August 2026

Disclosure Delay

Not reported within required 24 hours

What was shared

The company submitted an explanation to BSE for disclosing a material event after the prescribed timeline under Regulation 30 of SEBI LODR.

The underlying event

• ROC Mumbai, by its order, granted an extension of 1 month for holding the Annual General Meeting.
• The AGM for the financial year ended 31 March 2026 was originally due on 30 September 2026 and may now be held on or before 31 October 2026.
• The application for extension was made on 01 September 2026; the ROC order is dated 16 September 2026 and the company refers to the letter dated 18 September 2026.

Why the delay happened

• The material event occurred on 31 August 2026 and disclosure was required within 24 hours.
• Management believed the ROC permission, once received, would be communicated to BSE.
• The company describes the delay as inadvertent and unintentional, says it has strengthened internal reporting and compliance, and has requested BSE to condone the delay.

What it means for investors

This is a procedural and governance matter rather than a business development. The practical effect is that the annual shareholder meeting and the related annual report timeline shift by up to a month. The ROC order also advises the company to be careful in future compliance with the Companies Act, 2013. The exact AGM date will be intimated separately.

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