EGM Details

  • Date of EGM: Saturday, October 31, 2026
  • Mode: Conducted through Video Conferencing/Other Audio-Visual Means
  • Cut-off date for determining shareholders entitled to receive notice: Wednesday, September 30, 2026 (3,80,698 members)
  • Cut-off date for voting eligibility: Saturday, October 24, 2026 (3,78,467 shareholders)

Voting Process Details

  • Remote e-voting period: October 28, 2026 (9:00 AM IST) to October 30, 2026 (5:00 PM IST)
  • Service Provider: National Securities Depository Limited (NSDL)
  • Registrar and Share Transfer Agents: MUFG Intime India Private Limited
  • Scrutinizer: Kalidas Ramaswami, Partner of BNP & Associates (Practicing Company Secretaries)
  • Notice dispatch completion: Wednesday, October 7, 2026
  • Newspaper advertisement published in Financial Express (English and Gujarati) on October 8, 2026

Attendance Details

  • Promoters and Promoter Group attending through VC: 80
  • Public shareholders attending through VC: 107
  • Total shareholders who cast votes: 662 (657 through remote e-voting, 5 through e-voting at EGM)
  • Total shares represented by voters: 26,49,10,910

Resolution Details

Item No. 1: Special Resolution

Description: To approve raising of funds in one or more tranches, by issuance of securities by way of private offerings, qualified institutions placement(s) and/or any combination thereof or any other method as may be permitted under applicable law for an amount up to Rs. 1000 crore.

Voting Results:

  • Total votes polled: 26,48,69,526 shares (73.0188% of outstanding shares)
  • Votes in favor: 25,85,22,470 shares (97.604% of votes polled)
  • Votes against: 63,47,056 shares (2.396% of votes polled)
  • Abstained/Less voted: 41,384 shares

Category-wise Breakdown:

  • Promoter and Promoter Group: 100% votes in favor (1,50,32,332 shares voted, 100% of holdings)
  • Public Institutions: 92.6884% of holdings voted, with 93.1882% in favor and 6.8118% against
  • Public Non-Institutions: 19.1297% of holdings voted, with 99.9856% in favor and 0.0144% against

Outcome: The resolution was PASSED with the requisite majority as a Special Resolution.

Additional Information

  • The scrutinizer maintained all voting records and soft copies received from NSDL
  • Voting records will be handed over to the Company Secretary after the Chairman signs the EGM minutes
  • The company's registered office: Plot No. 801/23, GIDC, Phase III, Vapi, Dist. Valsad, Gujarat - 396195