Meeting Details
The 16th Annual General Meeting was held on 5th August, 2026 through Video Conferencing / Other Audio Visual Means (VC/OAVM).
Shareholder Participation
- Total shareholders on record date (29th July, 2026): 89,089
- Shareholders attending through VC/OAVM: 78 (38 Promoters and Promoter Group, 40 Public)
- Total shares outstanding: 19,65,63,124
Voting Results by Agenda Item
Item 1: Adoption of Financial Statements (Ordinary Resolution)
- Promoter & Promoter Group: 13,73,42,923 votes (100% in favor)
- Public Institutions: 3,52,42,034 votes (100% in favor, 89.32% participation)
- Public Non-Institutions: 33,93,723 votes (100% in favor, 17.17% participation)
- Total: 17,59,78,680 votes cast (89.53% participation), 100% approval
Item 2: Dividend Declaration for FY 2025-26 (Ordinary Resolution)
- Promoter & Promoter Group: 13,73,42,923 votes (100% in favor)
- Public Institutions: 3,53,12,578 votes (100% in favor, 89.50% participation)
- Public Non-Institutions: 33,93,723 votes (99.99% in favor, 32 against, 17.17% participation)
- Total: 17,60,49,224 votes cast (89.56% participation), 99.99% approval
Item 3: Reappointment of Mr. Pranav Amin (DIN: 00245099) (Ordinary Resolution)
- Promoter & Promoter Group: 13,73,42,923 votes (100% in favor)
- Public Institutions: 3,53,12,578 votes (98.61% in favor, 4,89,658 against, 89.50% participation)
- Public Non-Institutions: 33,93,723 votes (99.97% in favor, 1,173 against, 17.17% participation)
- Total: 17,60,49,224 votes cast (89.56% participation), 99.72% approval
Item 4: Appointment of Mr. Sujit Jaysukh Bhayani (DIN: 01767427) as Independent Director (Special Resolution)
- Promoter & Promoter Group: 13,73,42,923 votes (100% in favor)
- Public Institutions: 3,48,38,920 votes (65.15% in favor, 1,21,41,466 against, 88.30% participation)
- Public Non-Institutions: 33,93,723 votes (99.99% in favor, 323 against, 17.17% participation)
- Total: 17,55,75,566 votes cast (89.32% participation), 93.08% approval
Item 5: Ratification of Cost Auditors' Remuneration for FY 2026-27 (Ordinary Resolution)
- Promoter & Promoter Group: 13,73,42,923 votes (100% in favor)
- Public Institutions: 3,53,12,578 votes (100% in favor, 89.50% participation)
- Public Non-Institutions: 33,93,723 votes (99.97% in favor, 1,180 against, 17.17% participation)
- Total: 17,60,49,224 votes cast (89.56% participation), 99.99% approval
Scrutinizer Report Details
Scrutinizer: S. Samdani of Samdani Shah and Kabra, Company Secretaries
E-voting Process
- Remote e-voting facility provided by NSDL
- Voting period: 2nd August 2026 (9:00 AM IST) to 4th August 2026 (5:00 PM IST)
- Additional voting during AGM for attendees who hadn't voted remotely
- Votes unblocked and downloaded on 5th August 2026 at 4:45 PM IST in presence of witnesses Janki Patel and Astha Bhavsar
Resolution-wise Member Participation
- Resolution 1: 361 members voted (354 in favor, 7 against)
- Resolution 2: 362 members voted (355 in favor, 7 against)
- Resolution 3: 364 members voted (331 in favor, 33 against)
- Resolution 4: 361 members voted (332 in favor, 29 against)
- Resolution 5: 362 members voted (350 in favor, 12 against)