Meeting Details

The 33rd Annual General Meeting was held on Friday, August 28, 2026, through Video Conferencing/Other Audio Visual Means. The record date for determining shareholders entitled to vote was August 21, 2026, with 238,212 total shareholders on record.

Attendance Statistics

  • Total shareholders present in meeting (in person or through proxy): 0
  • Public shareholders attending through video conferencing: 80
  • Promoters and promoter group attendance: Not Applicable
  • Total shareholder participation rate: 27.02% of outstanding shares

Resolution Outcomes

Item 1: Ordinary Resolution - Adoption of Financial Statements

  • Resolution: To receive, consider and adopt Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026
  • Result: NOT PASSED
  • Total votes polled: 560,354,41 (27.02% of outstanding shares)
  • Votes in favor: 273,357,69 (48.78% of votes polled)
  • Votes against: 286,996,72 (51.22% of votes polled)
  • Public non-institutions voted 85.02% against

Item 2: Ordinary Resolution - Retirement of Director

  • Resolution: To take note of retirement of Mr. Ambarish Dasgupta (DIN: 00160744) who did not offer himself for reappointment
  • Result: PASSED
  • Total votes polled: 542,713,92 (26.17% of outstanding shares)
  • Votes in favor: 281,784,32 (51.92% of votes polled)
  • Votes against: 260,929,60 (48.08% of votes polled)

Item 3: Special Resolution - Modification of ESOP Plan 2023

  • Resolution: To consider and approve modification in the Employee Stock Option Plan 2023
  • Result: NOT PASSED
  • Total votes polled: 564,562,47 (27.22% of outstanding shares)
  • Votes in favor: 263,129,43 (46.61% of votes polled)
  • Votes against: 301,433,04 (53.39% of votes polled)
  • Public non-institutions voted 90.45% against

Item 4: Ordinary Resolution - Appointment of Director

  • Resolution: To appoint Mr. Sanjay Vatsa (DIN: 05242096) as Non-Independent Non-Executive Director
  • Result: NOT PASSED
  • Total votes polled: 564,412,47 (27.21% of outstanding shares)
  • Votes in favor: 277,221,20 (49.12% of votes polled)
  • Votes against: 287,191,27 (50.88% of votes polled)
  • Public non-institutions voted 87.40% against

Item 5: Ordinary Resolution - Removal of Director

  • Resolution: To consider removal of Mr. Umesh Mehta (DIN: 09244647) as Non-Executive Non-Independent Director
  • Result: PASSED
  • Total votes polled: 518,676,30 (25.01% of outstanding shares)
  • Votes in favor: 302,410,06 (58.30% of votes polled)
  • Votes against: 216,266,24 (41.70% of votes polled)

Scrutinizer Details

The voting process was scrutinized by Prakash Shenoy, Practicing Company Secretary (Membership No. F12625), Partner of M/s. SAP & Associates. National Securities Depository Limited (NSDL) provided remote e-voting facility from 9:00 AM on August 25, 2026, to 5:00 PM on August 27, 2026.