AGM Details

The 36th Annual General Meeting was held on September 16, 2026, at 11:30 AM through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The meeting ended at 12:20 PM. The record date for determining shareholders entitled to vote was September 9, 2026.

Scrutinizer Appointment

Ms. Rekha Goenka, Proprietor of M/s Rekha Goenka & Associates (FCS: 12590, CP: 11357, PR No. 1705/2022), was appointed as scrutinizer by the Board of Directors at their meeting held on August 10, 2026.

Voting Process

Remote e-voting was conducted through Central Depository Services India Limited (CDSL) from September 12, 2026 (9:00 AM) to September 15, 2026 (5:00 PM). E-voting during the AGM was also provided for shareholders who did not vote remotely. Votes were unblocked on September 16, 2026, at 12:37 PM in the presence of witnesses Mr. Navneet Agarwal and Ms. Indra Goenka.

Shareholder Participation

Total shareholders on record date: 2,308

Shareholders attending meeting through VC:

  • Promoters and Promoter Group: 8
  • Public: 54

Resolution Results

All six resolutions were passed with requisite majority:

Resolution 1 - Ordinary Resolution: Adoption of Audited Standalone Financial Statements

  • Total shares voted: 2,068,220 (68.03% of outstanding)
  • Votes in favor: 2,068,202 (99.9991% of votes polled)
  • Votes against: 18 (0.0009% of votes polled)
  • Invalid/Abstain: 5,500 votes

Resolution 2 - Ordinary Resolution: Declaration of Final Dividend of ₹1.50 per equity share

  • Total shares voted: 2,068,220 (68.03% of outstanding)
  • Votes in favor: 2,068,204 (99.9992% of votes polled)
  • Votes against: 16 (0.0008% of votes polled)
  • Invalid/Abstain: 5,500 votes

Resolution 3 - Ordinary Resolution: Re-appointment of Mr. Deo Kishan Saraf (DIN: 00128804)

  • Total shares voted: 1,703,388 (56.03% of outstanding)
  • Votes in favor: 1,703,370 (99.9989% of votes polled)
  • Votes against: 18 (0.0011% of votes polled)
  • Invalid/Abstain: 5,500 votes

Resolution 4 - Special Resolution: Re-appointment of Mr. Rajarshi Ghosh (DIN: 05270177) as Non-Executive Independent Director

  • Total shares voted: 2,068,220 (68.03% of outstanding)
  • Votes in favor: 2,068,202 (99.9991% of votes polled)
  • Votes against: 18 (0.0009% of votes polled)
  • Invalid/Abstain: 5,500 votes

Resolution 5 - Special Resolution: Appointment of Mr. Tushar Jhunjhunwala (DIN: 00025078) as Non-Executive Independent Director

  • Total shares voted: 2,068,220 (68.03% of outstanding)
  • Votes in favor: 2,068,202 (99.9991% of votes polled)
  • Votes against: 18 (0.0009% of votes polled)
  • Invalid/Abstain: 5,500 votes

Resolution 6 - Special Resolution: Appointment of Mr. Amitava Mazumder (DIN: 06441635) as Non-Executive Independent Director

  • Total shares voted: 2,068,220 (68.03% of outstanding)
  • Votes in favor: 2,068,202 (99.9991% of votes polled)
  • Votes against: 18 (0.0009% of votes polled)
  • Invalid/Abstain: 5,500 votes

Promoter Voting Pattern

The promoter and promoter group (holding 1,645,437 shares) voted 100% in favor on all resolutions where they participated.

Public Non-Institutional Holders Voting

Public non-institutional holders (holding 1,394,563 shares) showed varying participation rates (37.88%-38.27% across resolutions) and overwhelmingly supported all resolutions with approval rates exceeding 99.99%.