Meeting Details

  • Type of Meeting: 30th Annual General Meeting (AGM)
  • Date: July 30, 2026
  • Time: 12:00 PM to 12:53 PM (IST)
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Record Date: July 23, 2026
  • Total Shareholders on Record Date: 42,755

Proposed Resolutions and Implications

Three resolutions were considered and passed:

1. Ordinary Resolution: To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors

2. Special Resolution: To appoint Director in place of Mr. Gopi Krishna Tulsian, Non-Executive Director (DIN: 00017786), who retires by rotation and being eligible, offers himself for re-appointment and continuation in office

3. Ordinary Resolution: Increase in Authorised Share Capital of the Company and consequent alteration of Memorandum of Association

Voting Process and Methods

  • Remote E-voting Period: July 27, 2026 (9:00 AM IST) to July 29, 2026 (5:00 PM IST)
  • E-voting at AGM: Facility remained open for 15 minutes post conclusion of AGM
  • Service Provider: Central Depository Services (India) Limited (CDSL) via www.evotingindia.com
  • Voting Methods: Remote e-voting and e-voting at AGM through electronic means

Key Voting Outcomes

Overall Participation

  • Total Outstanding Shares: 56,509,201
  • Total Votes Polled: 41,594,624
  • Percentage of Votes Polled: 73.61%
  • Shareholders Attended via VC: 103 (1 Promoter, 102 Public)

Resolution 1: Adoption of Financial Statements

  • Total Votes in Favor: 41,594,054 (99.9986% of votes polled)
  • Total Votes Against: 570 (0.0014% of votes polled)
  • Category Breakdown:
  • Promoter & Promoter Group: 41,550,000 votes (100% in favor, 0% against)
  • Public Institutions: 0 votes polled
  • Public Non-Institutions: 44,624 votes polled (44,054 in favor - 98.7227%, 570 against - 1.2773%)

Resolution 2: Re-appointment of Director (Mr. Gopi Krishna Tulsian)

  • Total Votes in Favor: 41,594,021 (99.9986% of votes polled)
  • Total Votes Against: 603 (0.0014% of votes polled)
  • Category Breakdown:
  • Promoter & Promoter Group: 41,550,000 votes (100% in favor, 0% against)
  • Public Institutions: 0 votes polled
  • Public Non-Institutions: 44,624 votes polled (44,021 in favor - 98.6487%, 603 against - 1.3513%)

Resolution 3: Increase in Authorised Share Capital

  • Total Votes in Favor: 41,594,054 (99.9986% of votes polled)
  • Total Votes Against: 570 (0.0014% of votes polled)
  • Category Breakdown:
  • Promoter & Promoter Group: 41,550,000 votes (100% in favor, 0% against)
  • Public Institutions: 0 votes polled
  • Public Non-Institutions: 44,624 votes polled (44,054 in favor - 98.7227%, 570 against - 1.2773%)

Scrutinizer's Role and Findings

  • Name: Dilip Bharadiya of Dilip Bharadiya & Associates
  • Appointment Date: June 25, 2026
  • Report Date: July 31, 2026
  • Qualifications: CS, Membership Number 7956
  • Findings: All resolutions passed with requisite majority. The scrutinizer confirmed the e-voting process was conducted fairly and transparently. No invalid votes were recorded in any category.

Compliance Confirmation

The disclosure confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • Secretarial Standard-2 on General Meetings
  • MCA and SEBI circulars

Additional Information

  • Notice of AGM was dispatched on July 7, 2026 via email to 40,264 members
  • Advertisements were published in Business Standard (English) and Jai Hind (Gujarati) newspapers on June 26, 2026 and July 9, 2026
  • Corporate members provided scanned copies of board resolutions authorizing their voting
  • All voting records and relevant documents are maintained in safe custody by the scrutinizer