Meeting Details

  • Date: Monday, September 28, 2026
  • Time: 09:30 A.M. IST
  • Location: Conducted through Video Conferencing/Other Audio Visual Means
  • Meeting Type: 34th Annual General Meeting
  • Record Date: Monday, September 21, 2026
  • Total Shareholders on Record Date: 68,645

Proposed Resolutions and Implications

The AGM considered three ordinary resolutions:

1. Resolution 1: To consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon.

2. Resolution 2: To appoint a director in place of Mr. Krishnaswamy Vijay (DIN: 00642715), Whole Time Director and Executive Chairman who retires by rotation, and being eligible, has offered himself for re-appointment.

3. Resolution 3: Ratification of Cost Auditor's Remuneration.

Voting Process and Methods

The voting was conducted through:

  • Remote E-voting: Available from September 25, 2026 (9:00 AM IST) to September 27, 2026 (5:00 PM IST) through CDSL's platform
  • E-voting during AGM: Available to shareholders present at the virtual meeting who had not voted remotely
  • Votes unblocked: September 28, 2026 at 10:44 AM IST in the presence of two independent witnesses

Key Voting Outcomes

Overall Participation

  • Total Outstanding Shares: 114,411,316
  • Total Votes Polled: 104,442,326 shares (91.2867% participation)
  • Shareholder Attendance: 79 shareholders attended via video conferencing (2 Promoters, 77 Public)

Resolution-wise Results

Resolution 1 - Adoption of Financial Statements

  • Total Votes in Favor: 104,441,987 shares (99.9997% of votes polled)
  • Total Votes Against: 339 shares (0.0003% of votes polled)
  • Result: Passed

Resolution 2 - Re-appointment of Mr. Krishnaswamy Vijay

  • Total Votes in Favor: 103,888,922 shares (99.4701% of votes polled)
  • Total Votes Against: 553,404 shares (0.5299% of votes polled)
  • Result: Passed

Resolution 3 - Ratification of Cost Auditor's Remuneration

  • Total Votes in Favor: 104,442,092 shares (99.9998% of votes polled)
  • Total Votes Against: 234 shares (0.0002% of votes polled)
  • Result: Passed

Category-wise Voting Breakdown

Promoter and Promoter Group (91,523,651 shares)

  • 100% participation across all resolutions
  • 100% voted in favor of all resolutions

Public Institutions (17,523,441 shares)

  • 73.6954% participation (12,913,975 shares voted)
  • Resolution 1: 95.7178% in favor, 4.2822% against
  • Resolution 2: 100% in favor
  • Resolution 3: 95.0213% in favor, 4.9787% against

Public Non-Institutions (5,364,224 shares)

  • 0.0876% participation (4,700 shares voted)
  • Resolution 1: 92.7872% in favor, 7.2128% against
  • Resolution 2: 91.3404% in favor, 8.6596% against
  • Resolution 3: 95.0213% in favor, 4.9787% against

Scrutinizer's Role and Findings

  • Scrutinizer: Pramod S M (FCS: 7834/CP: 13784), Designated Partner of BMP & Co. LLP
  • Responsibilities: Conducted remote e-voting process, scrutinized votes, and prepared consolidated report
  • Findings: All resolutions passed with requisite majority
  • Vote Validation: No invalid votes recorded across any resolution
  • Custody: Voting records remain with scrutinizer until minutes are approved, then transferred to company secretary

Compliance Statements

The document confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and Rules thereunder
  • MCA Circulars including General Circular No. 03/2025 dated September 22, 2025
  • SEBI Circular No. SEBI/HO/CFD/CFDPoD-2/P/CIR/2024/133 dated October 3, 2024
  • Notice and voting results made available on company website (www.ajax-engg.com) and CDSL website (www.evotingindia.com)