Meeting Details

  • Type of Meeting: 21st Annual General Meeting (AGM)
  • Date of Meeting: September 30, 2026
  • Meeting Time: 3:30 PM to 4:47 PM
  • Record Date: September 23, 2026
  • Total Shareholders on Record Date: 15,777

Proposed Resolutions and Implications

Five resolutions were considered at the AGM:

Ordinary Business:

1. Item No. 1: Adoption of Audited Standalone and Consolidated Financial Statements for the year ended March 31, 2026, along with Reports of Board of Directors and Auditors

2. Item No. 2: Declaration of final dividend on equity shares for the financial year ended March 31, 2026

3. Item No. 3: Appointment of Mr. Sukhdev Singh Khinda (DIN: 01202727), who retires by rotation, as a Director (Promoter/Promoter Group interested: Yes)

4. Item No. 4: Appointment of Mr. Anuj Rai Bansal (DIN: 01278966), who retires by rotation, as a Director (Promoter/Promoter Group interested: No)

Special Business:

5. Item No. 5: Ratification of remuneration of Cost Auditors for Financial Year(s) 2026-27 (Promoter/Promoter Group interested: No)

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting: Provided by National Securities Depository Limited (NSDL)
  • Physical voting: Through ballot papers at the AGM venue

Remote e-voting period: Commenced on September 27, 2026 at 9:00 AM IST and ended on September 29, 2026 at 5:00 PM IST

Physical attendance:

  • Promoters and Promoter Group: 3 members present
  • Public: 7 members present
  • Video conferencing: 0 attendees from both categories

Key Voting Outcomes

Overall Participation

  • Total outstanding shares: 124,997,388
  • Total votes polled: 75,451,857 shares (60.3627% of outstanding shares)
  • Invalid votes: 913 shares from Public Non-Institutions category

Resolution-wise Results:

Item No. 1 (Financial Statements Adoption)

  • Votes in favor: 75,451,857 (100% of votes polled)
  • Votes against: 0
  • Result: Passed

Item No. 2 (Dividend Declaration)

  • Votes in favor: 75,451,857 (100% of votes polled)
  • Votes against: 0
  • Result: Passed

Item No. 3 (Director Appointment - Mr. Sukhdev Singh Khinda)

  • Votes in favor: 7,744,124 (98.0547% of votes polled)
  • Votes against: 153,633 (1.9453% of votes polled)
  • Result: Passed

Item No. 4 (Director Appointment - Mr. Anuj Rai Bansal)

  • Votes in favor: 72,169,792 (99.9667% of votes polled)
  • Votes against: 24,065 (0.0333% of votes polled)
  • Result: Passed

Item No. 5 (Cost Auditor Remuneration Ratification)

  • Votes in favor: 75,451,857 (100% of votes polled)
  • Votes against: 0
  • Result: Passed

Category-wise Voting Breakdown:

Promoter and Promoter Group

  • Shares held: 89,114,100
  • Votes polled: 67,554,100 (75.8063% of shares held)
  • All votes were cast in favor of all resolutions

Public Institutions

  • Shares held: 1,219,798
  • Votes polled: 1,028,160 (84.2894% of shares held)
  • All votes were cast in favor of all resolutions except Item No. 3 (85.0575% in favor, 14.9425% against)

Public Non-Institutions

  • Shares held: 34,663,490
  • Votes polled: 6,869,597 (19.818% of shares held)
  • All votes were cast in favor of all resolutions

Scrutinizer's Role and Findings

  • Name of Scrutinizer: Gaurav Thakur
  • Firm Name: THAKUR G & CO
  • Qualification: Company Secretary
  • Membership Number: A51725
  • Date of Board Meeting Appointment: September 5, 2026
  • Date of Report Issuance: October 1, 2026

The Scrutinizer confirmed:

  • The voting process was conducted in a fair and transparent manner
  • Ballot boxes were locked after polling and opened in the presence of two witnesses (Ms. Khushleen Sapra and Mr. Paras Rajput)
  • Incomplete or defective poll papers were treated as invalid
  • E-voting results were unblocked in the presence of two witnesses
  • All five resolutions were passed with requisite majority
  • Poll papers and relevant records were handed over to the Company Secretary/Director in a sealed cover for safe keeping

Compliance Confirmation

The disclosure confirms compliance with:

  • Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of the Companies Act, 2013
  • Rules 20 and 21 of the Companies (Management and Administration) Rules, 2014