Meeting Details

The 14th Annual General Meeting was held on Friday, September 11, 2026 at 11:00 Hrs through Video Conferencing/Other Audio-Visual Means (VC/OAVM).

Voting Process Details

The e-voting period remained open from 09:00 A.M. (IST) on September 8, 2026 up to 05:00 P.M. (IST) on September 10, 2026. The cut-off date (record date) for determining entitlement for e-voting was September 5, 2026. CDSL was engaged as the authorized agency for e-voting services.

Scrutinizer Appointment

Dhirren R. Dave & Co., Company Secretaries (UIN: P1996GJ002900) were appointed as scrutinizer. The verification of electronically cast votes was conducted on September 11, 2026 around 02:14 p.m. in the presence of witnesses Mr. Tushar Soni and Ms. Mahima Soni.

Resolution Voting Results

Resolution 1 - Ordinary Business: Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026

  • Total shares voted: 121,769,769 (100.00% of votes cast in favor)
  • Promoter group: 99,401,894 shares voted (100% in favor)
  • Public institutions: 22,152,504 shares voted (100% in favor)
  • Public non-institutions: 215,373 shares voted (99.9991% in favor)
  • Result: PASSED

Resolution 2 - Ordinary Business: Reappointment of Mr. Kamalvijay Ramchandra Tulsian (DIN: 00190840) as Non-Executive Director

  • Total shares voted: 121,769,771
  • Votes in favor: 116,878,253 (95.98%)
  • Votes against: 4,891,518 (4.02%)
  • Public institutions dissent: 22.0810% against
  • Public non-institutions: 0.0116% against
  • Result: PASSED

Resolution 3 - Ordinary Business: Reappointment of Ms. Ishita Surendra Manjrekar (DIN: 06731016) as Non-Executive Director

  • Total shares voted: 121,769,771
  • Votes in favor: 121,113,930 (99.46%)
  • Votes against: 655,841 (0.54%)
  • Public institutions dissent: 2.9601% against
  • Public non-institutions: 0.0474% against
  • Result: PASSED

Resolution 4 - Special Business: Ratification of remuneration payable to Cost Auditor for FY 2026-27

  • Total shares voted: 121,769,771
  • Votes in favor: 121,769,769 (100.00%)
  • Votes against: 2 (0.0000%)
  • Result: PASSED

Resolution 5 - Special Business: Reappointment of Mr. Ashwin Jayantilal Desai as Managing Director

  • Total shares voted: 121,769,771
  • Votes in favor: 117,863,525 (96.79%)
  • Votes against: 3,906,246 (3.21%)
  • Public institutions dissent: 17.6333% against
  • Public non-institutions: 0.0116% against
  • Result: PASSED

Resolution 6 - Special Business: Reappointment of Ms. Purnima Ashwin Desai as Whole-time Director

  • Total shares voted: 121,769,771
  • Votes in favor: 117,863,355 (96.79%)
  • Votes against: 3,906,416 (3.21%)
  • Public institutions dissent: 17.6333% against
  • Public non-institutions: 0.0905% against
  • Result: PASSED

Resolution 7 - Special Business: Reappointment of Mr. Rohan Ashwin Desai as Whole-time Director

  • Total shares voted: 121,769,771
  • Votes in favor: 121,736,588 (99.97%)
  • Votes against: 33,183 (0.03%)
  • Public institutions dissent: 0.1489% against
  • Public non-institutions: 0.0901% against
  • Result: PASSED

Resolution 8 - Special Business: Reappointment of Dr. Aman Ashwinbhai Desai as Whole-time Director

  • Total shares voted: 121,769,771
  • Votes in favor: 121,736,588 (99.97%)
  • Votes against: 33,183 (0.03%)
  • Public institutions dissent: 0.1489% against
  • Public non-institutions: 0.0901% against
  • Result: PASSED

Shareholding Pattern

Total outstanding shares: 132,727,845

  • Promoter and Promoter Group: 99,437,293 shares (74.92%)
  • Public Institutions: 24,125,047 shares (18.17%)
  • Public Non-Institutions: 9,165,505 shares (6.91%)