AGM Information
The 15th Annual General Meeting was held on Tuesday, September 08, 2026 at 10:30 A.M. through video conferencing (VC)/Other Audio-Visual Means (OAVM) facility.
Scrutinizer Appointment
CS Navneet Arora, Company Secretary in Practice & Managing Partner of M/s Navneet K Arora & Co LLP, was appointed as Scrutinizer by the Board of Directors in their meeting held on August 10, 2026. The appointment was made under Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014.
Resolutions Considered
The AGM considered eight resolutions:
Ordinary Business:
1. Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026
2. Appointment of Mrs. Ameeta Ranade (DIN: 00006019) as director liable to retire by rotation
3. Appointment of M/s GSA & Associates LLP as Statutory Auditors
Special Business:
4. Appointment of Mrs. Ameeta Ranade (DIN: 00006019) as Non-Executive Director
5. Approval for giving loan/guarantee/security under Section 185 of Companies Act, 2013
6. Approval for investments/loans/guarantees/security exceeding limits under Section 186
7. Approval of Material Related Party Transactions with Industrial Solutions Corporation LLP
8. Increase in Remuneration of Managing Director within specified limits
Voting Process Details
- Cut-off date: Tuesday, September 01, 2026
- Total shareholders: 12,622
- Remote e-voting period: September 05, 2026 (9:00 am) to September 07, 2026 (5:00 pm)
- E-voting service provider: National Securities Depository Limited (NSDL)
- Voting platform: https://www.evoting.nsdl.com/
Voting Results Summary
All eight resolutions were passed with requisite majority:
Resolution 1 (Ordinary - Financial Statements):
- For: 36,67,031 votes (97.35%)
- Against: 1,00,004 votes (2.65%)
- Abstain/Invalid: Nil
Resolution 2 (Ordinary - Director Appointment):
- For: 17,20,639 votes (94.51%)
- Against: 1,00,004 votes (5.49%)
- Abstain/Invalid: Nil
Resolution 3 (Ordinary - Auditor Appointment):
- For: 36,67,031 votes (97.35%)
- Against: 1,00,004 votes (2.65%)
- Abstain/Invalid: Nil
Resolution 4 (Special - Non-Executive Director):
- For: 17,20,639 votes (94.51%)
- Against: 1,00,004 votes (5.49%)
- Abstain/Invalid: Nil
Resolution 5 (Special - Section 185 Approval):
- For: 4,08,481 votes (80.33%)
- Against: 1,00,004 votes (19.67%)
- Abstain/Invalid: Nil
Resolution 6 (Special - Section 186 Approval):
- For: 4,08,481 votes (80.33%)
- Against: 1,00,004 votes (19.67%)
- Abstain/Invalid: Nil
Resolution 7 (Ordinary - Related Party Transactions):
- For: 4,08,481 votes (80.33%)
- Against: 1,00,004 votes (19.66%)
- Abstain/Invalid: Nil
Resolution 8 (Special - MD Remuneration Increase):
- For: 23,54,853 votes (95.93%)
- Against: 1,00,024 votes (4.07%)
- Abstain/Invalid: Nil
Shareholder Participation
- Promoters and promoter group: 3 members attended through VC/OAVM
- Public shareholders: 119 members attended through VC/OAVM
- The meeting concluded at 11:25 AM on September 08, 2026
Certification
The Scrutinizer certified that all voting processes were conducted fairly and transparently using NSDL's electronic voting system. The report was signed on September 08, 2026, in New Delhi.