Durlax Top Surface MD, chairman and AGM

Durlax Top Surface board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

Chairperson and managing directorShravan SutharRelated to the promoter
Company Secretary and Compliance OfficerKomal Birla

5 directors3 independent2 executive

Narayan SamantraIndependent · joined Nov 2022 · 60 months as independent · 0 listed boards · 2 committee seats, 2 as chair
Palak JainIndependent · joined Aug 2024 · 60 months as independent · 0 listed boards · 2 committee seats
Bhavesh JainIndependent · joined Aug 2024 · 60 months as independent · 0 listed boards · 1 committee seat
Lalit SutharExecutive · joined May 2010 · reappointed Jan 2023 · 60 months as independent · 0 listed boards
Shravan Suthar · Chairperson and managing directorExecutive · joined May 2010 · reappointed Jan 2023 · 60 months as independent · 0 listed boards · 1 committee seat

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

Board
- 24 Jun 20265 of 5 present3 independent · 33 days in between
- 21 May 20265 of 5 present3 independent · 9 days in between
- 11 May 20265 of 5 present3 independent · 20 days in between
- 20 Apr 20265 of 5 present3 independent · 3 days in between
3 earlier meetings
- 16 Apr 20265 of 5 present3 independent · 40 days in between
- 6 Mar 20265 of 5 present3 independent · 27 days in between
- 6 Feb 20265 of 5 present3 independent
Audit Committee
Chair Narayan Samantra
Palak Jain, Shravan Suthar
- 21 May 20263 of 3 present2 independent · 5 days in between
- 15 May 20263 of 3 present2 independent · 28 days in between
- 16 Apr 20263 of 3 present2 independent · 68 days in between
- 6 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Narayan Samantra
Palak Jain, Bhavesh Jain
- 20 Apr 20263 of 3 present3 independent · 3 days in between
- 16 Apr 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Narayan Samantra
Palak Jain, Bhavesh Jain
- 21 May 20263 of 3 present3 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

N.K. Mittal & AssociatesPeer-review certificate valid to Jan 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Durlax Top Surface AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Durlax Top Surface share news and announcements

Annual general meeting, 24 Sep 2026

1,577 shareholders on the register on 17 Sep 2026; present: 7 promoters and 37 others; votes counted by Rahul A. Jain / Rahul A. Jain & Co..The company's voting result (opens in a new tab)

To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Reports of the Board of Directors and the Auditors thereon.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.47% · promoters 100.00% · institutions 0.00% · other public 0.06%
To appoint a director in place of Mr. Shravan Laxmichand Suthar {DIN: 02985316), who retires by rotation and being eligible, offers himself for re-appointment.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.47% · promoters 100.00% · institutions 0.00% · other public 0.06%
To appoint cost auditor with remuneration
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.47% · promoters 100.00% · institutions 0.00% · other public 0.06%
To appoint Secretarial Auditor
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.47% · promoters 100.00% · institutions 0.00% · other public 0.06%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 12 May 2026, 3 resolutions

1,593 shareholders on the register on 5 May 2026; present: 6 promoters and 17 others; votes counted by Rahul Jain / Rahul A. Jain & Co..The company's voting result (opens in a new tab)

Issue of 1,03,15,790 Fully Convertible Warrants at an issue price of Rs. 47.50/- per warrant on Preferential basis
SpecialPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.04% · promoters 100.00% · institutions 0.00% · other public 1.22%
Increase in Remuneration of Mr. Shravan Laxmichand Suthar, (DIN: 02985316), Managing Director of the Company
SpecialPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.04% · promoters 100.00% · institutions 0.00% · other public 1.22%
Increase In Remuneration of Mr. Lalit Laxmichand Suthar (DIN: 02985324), Whole-Time Director of the Company
SpecialPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.04% · promoters 100.00% · institutions 0.00% · other public 1.22%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Dealings with its subsidiaries, promoters, directors and their firms, reported every half-year.Promoters and their stake

Half-year to Mar 2026: ₹4.47 Cr15 dealings
Half-year to Sep 2025: ₹2.23 Cr15 dealings

Between	Dealing
Durlax Top Surface Ltd and LAXMICHAND SUTHARRelative of Director	Loan	2.00	1.76	1.78	0.01
Durlax Top Surface Ltd and SHRAVAN SUTHARMANAGING DIRECTOR	Loan	1.50	1.27	1.40	0.13
Durlax Top Surface Ltd and SHRAVAN SUTHARMANAGING DIRECTOR	Remuneration	0.42	0.42	0.03	0.04
Durlax Top Surface Ltd and LALIT SUTHARWHOLETIME DIRECTOR	Remuneration	0.42	0.42	0.03	0.04
Durlax Top Surface Ltd and LALIT SUTHARWHOLETIME DIRECTOR	Loan	0.50	0.32	0.44	0.13
Durlax Top Surface Ltd and ARDENT PROJECTSRelative of Director	Sale of goods or services	0.20	0.12	0.12	0.00
Durlax Top Surface Ltd and LAXMICHAND SUTHARRelative of Director	Any other transactionRent Paid	0.10	0.05	0.08	0.05
Durlax Top Surface Ltd and KALPANA JOSHICFO	Remuneration	0.05	0.05	₹38,000	₹38,000
Durlax Top Surface Ltd and NEEV FURNITECHRelative of Director	Loan	0.10	0.03	0.05	0.02
Durlax Top Surface Ltd and KOMAL BIRLACompany Secretary	Remuneration	0.03	0.03	₹23,000	₹23,000
Durlax Top Surface Ltd and LAXMICHAND SUTHAR HUFRelative of Director	Loan	0.10	0.00	0.33	0.33
Durlax Top Surface Ltd and LALIT SUTHAR HUFRelative of Director	Loan	0.10	0.00	0.05	0.05
Durlax Top Surface Ltd and KUBER TRADING CORelative of Director	Purchase of goods or services	0.10	0.00	0.04	0.04
Durlax Top Surface Ltd and NEEV FURNITECHRelative of Director	Sale of goods or services	0.10	0.00	0.06	0.06
Durlax Top Surface Ltd and SUTHARIO DESIGN PVT LTDRelative of Director	Sale of goods or services	0.10	0.00	0.04	0.12

The 15 largest of 15 dealings in the half-year to Mar 2026, ₹ crore.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

Received
Resolved

Open at the quarter's end

None open at any quarter's end.

The board is made up as the listing rules require: Yes
The board has a regular chairperson: Yes
The company has a risk management committee: No
The chair is related to the managing director: No
The filing has a part on fines and penalties: No
The filing has a part on tax disputes: No
There was a cyber security incident in the quarter: No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

Raised	Amount raised	For	Set aside	Spent	Spent elsewhere
Rights IssuesMar 2026, checked by Care Edge Ratings	49.22		–	–	No
Preferential IssuesJun 2026	49.00		–	–	No

₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.

Durlax Top Surface board of directors

Committees and meetings

Board

Audit Committee

Nomination and remuneration committee

Stakeholders Relationship Committee