Annual Report 2026

45th Annual Report & ACCOUNTS 2025-2026 MAURIA UDYOG LIMITED CIN: L51909WB1980PLC033010 (AN ISO:9001, ISO : 14001 & OHSAS 18001 Certified Company) Exporters & Manufacturers of LPG Cylinders, Self Closing Valves, Domestic Pressure Regulators A Government Recognized Export House MAURIA UDYOG LIMITED BOARD OF DIRECTORS : SHRI N. K. SUREKA (DIN: 00054929) MANAGING DIRECTOR SMT. DEEPA SUREKA (DIN: 00060284) DIRECTOR SHRI ATUL KUMAR (DIN: 00060233) DIRECTOR SHRI MANOHAR MENGHRAJ PUNJABI (10213816) DIRECTOR SMT. RADHA CHAUHAN (DIN11881686) DIRECTOR COMPANY SECRETARY : ACS DIVYA AGARWAL CHIEF FINANCIAL OFFICER : SHRI DAVINDER KUMAR GUPTA STATUTORY AUDITORS : M/S NKSC & Co. CHARTERED ACCOUNTANTS DELHI OFFICE: 208, VATS MARKET (SHIVA MARKET), PITAMPURA, DELHI-110034 COST AUDITORS : M/S JAI PRAKASH & CO., 172-B, BHIKAM COLONY, MAIN TIGAON ROAD, BALLABGARH, FARIDABAD-121004 SECRETARIAL AUDITORS : JYOTI ARYA & ASSOCIATES. K-009, DDA LIG FLATS, POCKET-C, MOLARBAND, NEW DELHI-110076 BANKERS : KARNATAKA BANK LIMITED ICICI BANK CANARA BANK INDIAAN BANK REGISTERED OFFICE : ANAND JYOTI BUILDING ROOM NO. 107, 1ST FLOOR 41, NETAJI SUBHAS ROAD KOLKATA-700 001 HEAD OFFICE : 602, CHIRANJIV TOWER 43, NEHRU PLACE NEW DELHI -110 019 WORKS : NEAR GOUCHI OCTROI POST SOHNA ROAD, SECTOR-55, FARIDABAD-121 015 HARYANA (INDIA) REGISTRAR & TRANSFER : M/S. BEETAL FINANCIAL & COMPUTER SERVICES (P) LTD., AGENTS BEETAL HOUSE, 99, MADANGIR, BEHIND LOCAL SHOPPING CENTRE, NEAR DADA HARSUKH DASS MANDIR, NEW DELHI – 110062. SHARES LISTED AT : - BOMBAY STOCK EXCHANGE LTD. (BSE) - CALCUTTA STOCK EXCHANGE LTD. (CSE) -ISIN : INE150D01027 MAURIA UDYOG LIMITED 46th ANNUAL REPORT 43rd NOTICE NOTICE IS HEREBY GIVEN that the Forty-Sixth (46th) Annual General Meeting of the Members of MAURIA UDYOG LIMITED will be held on Friday, the 25th Day of September, 2026 at 03:00 P.M. (IST) through Video Conferencing(“VC”) or Other Audio-Visual Means (“OAVM”) to transact the following business: ORDINARY BUSINESS: 1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company including the Audited Balance Sheet & Statement of Profit and Loss for the year ended March 31, 2026 together with the reports of the Board of Directors and the Auditors. 2. To appoint a director in place of Mr. Navneet Kumar Sureka (DIN: 00054929), who retires by rotation and being eligible, offers himself for re- appointment. SPECIAL BUSINESS: ITEM No. 03. Appointment of Mrs. Radha Chauhan (DIN: 11881686) as Non-Executive Independent Director of the Company. To consider and if thought fit, to pass the following resolution as a Special Resolution: “RESOLVED THAT pursuant to provisions of Sections 149, 150, 152, and other applicable provisions, if any, of Companies Act, 2013 (‘Act’) and Companies (Appointment & Qualification of Directors) Rules, 2014 (‘Rules’), including any statutory modification(s) or re-enactment thereof read with Schedule IV of the Act and applicable regulations, if any of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, (“Listing Regulations”), and based on the recommendation of the Nomination and Remuneration Committee and the Board of Directors of the Company, approval of the Members of the Company be and is hereby accorded for the appointment of Mrs. Radha Chauhan (DIN: 11881686), who was appointed as an Additional Director (in the category of Non-Executive Independent Director) of the Company by the Board with effect from August 10, 2026 as an Non-Executive Independent Director of the Company to hold office for term of five consecutive years with effect from August 10, 2026 till August 09, 2031 and that she shall not be liable to retire by rotation. RESOLVED FURTHER THAT any of the Directors of the Company be and is hereby authorised to do all acts, deeds, matters and things as may be deemed necessary and/or expedient in connection therewith or incidental thereto, to give effect to the foregoing resolution.” ITEM No. 04. To approve entering into Transactions with Related Parties for F.Y. 2026-27. To consider and if thought fit, to pass with or without modification(s) the following resolution as an Ordinary Resolution. “RESOLVED THAT pursuant to Regulation 23 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), the relevant provisions of the Companies Act, 2013 read with the applicable rules made thereunder, and any other applicable provisions, including any amendment, modification, variation or re-enactment thereof, the Policy on Related Party Transactions of the Company, as amended, and pursuant to the approval of the Audit Committee of the Company, approval of the Members of the MAURIA UDYOG LIMITED 46th ANNUAL REPORT Company be and is hereby accorded for entering into and/or continuing with arra4n3gredm ents / contracts / agreements / transactions (whether an individual transaction or transactions taken together or a series of transactions or otherwise) with Quality Synthetic Industries Limited (“ QSIL”), being a related party of the Company, up to an aggregate amount not exceeding Rs. 91.00 crore (Rupees Ninety One Crore only), from this Annual General Meeting till the conclusion of the next Annual General Meeting, whether by way of continuation(s) or renewal(s) or extension(s) or modification(s) of earlier arrangements / transactions or as fresh and independent transaction(s) or otherwise, as mentioned hereunder, even though all such transactions, whether individually and/or in the aggregate with other transactions with Quality Synthetic Industries Ltd., may exceed the limits prescribed under the Listing Regulations or any other materiality threshold as may be applicable under any law / regulations from time to time: Sr. Nature / Type of Transaction Maximum Value for FY 2026-27 Maximum Maximum No. (Rs.) Value for FY Value for FY 2026-27 (Rs.) 2026-27 Upto upto (Rs. in crore) 1 Sale of goods and services, including HR Steel Coils 1,00.00,000 1.00 and allied materials, and services 2 Purchase of goods and services, including steel Coils 80,00,00,000 80.00 and allied materials, and services 3 Any other transaction / arrangement, the value of which 10,00,00,000 10.00 shall be within the overall limit stated below and shall be subject to the approval of the Audit Committee from time to time Agreegate 91,00,00,000 91.00 “RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorised to delegate all or any of the powers conferred on it by or under this resolution to any Committee of Directors of the Company, and to sign and execute all such documents, contracts, agreements, deeds and writings and to do all such acts, deeds, matters and things as may be deemed necessary, expedient and / or incidental to the execution of such transactions, and also to delegate all or any of its powers herein conferred to any Director(s) and / or Key Managerial Personnel / officer(s) / employee(s) of the Company, to give effect to this resolution and to settle all questions, difficulties or doubts that may arise in this regard.” ITEM NO 05: To Ratify the appointment and remuneration of Cost Auditor of the Company for the financial year ending March 31, 2027. To consider and if thought fit, to pass the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 148 and other applicable provisions of the Companies Act, 2013 and Companies (Audit and Auditors) Rules, 2014 (including any statutory modification(s) or re-enactment thereof, for the time being in force), and on the recommendation of Audit Committee, Jai Prakash & Co., the Cost Auditors (Firm Registration Number No.-100572) appointed by the Board of Directors of the Company, to conduct the Audit of the cost records of the Company for the financial year ending March, 31, 2027, to be paid the remuneration of Rs. 5 [Showing first 8,000 characters — download PDF for full document]