AGM Details

  • Date of AGM: 28th August, 2026
  • Total number of shareholders on record date: 249
  • Number of shareholders present in meeting (in person or through proxy): 5
  • Promoters and Promoter Group: 23 shareholders
  • Public: Not specified
  • Shareholders attended through Video Conferencing: NIL for both Promoters and Public

Scrutinizer Appointment

CS. Anjum Goyal, Practicing Company Secretary (COP: 6211) was appointed as scrutinizer to scrutinize the remote e-voting process. The scrutinizer issued a consolidated report dated 28th August, 2026.

Voting Process Details

  • E-voting period: From 09:00 A.M. on 25th August 2026 to 05:00 P.M. on 27th August 2026
  • Record date for e-voting: 21st August 2026
  • Advertisement released in Financial Express (English) and Desh Sevak (Punjabi) on 5th August 2026
  • Voting agency: Central Depository Services (India) Limited (CDSL)
  • Polling box opened on 28th August 2026 at 2 P.M.

Resolution Details and Voting Results

Resolution 1: Adoption of Financial Statements

  • Resolution type: Ordinary Resolution
  • Promoter interest: No
  • Purpose: To receive, consider and adopt the Audited Financial Statements of the company for the financial year ended March 31, 2026 and the reports of directors and auditors thereon

Voting Results:

  • Total shares outstanding: 3,739,000
  • Total votes polled: 2,200,056 (58.84% of outstanding shares)
  • Votes in favor: 2,200,056 (100% of votes polled)
  • Votes against: 0 (0% of votes polled)
  • Result: Passed unanimously

Resolution 2: Re-appointment of Director

  • Resolution type: Ordinary Resolution
  • Promoter interest: Yes
  • Purpose: To appoint Mr. Manan Mahajan (DIN: 02217914) as director, who retires by rotation and offers himself for re-appointment

Voting Results:

  • Total shares outstanding: 3,739,000
  • Total votes polled: 2,200,056 (58.84% of outstanding shares)
  • Votes in favor: 2,200,056 (100% of votes polled)
  • Votes against: 0 (0% of votes polled)
  • Result: Passed unanimously

Resolution 3: Appointment of Secretarial Auditor

  • Resolution type: Ordinary Resolution
  • Promoter interest: Not specified in data
  • Purpose: Appointment of M/s Suparn Sekhri & Associates as Secretarial Auditor of the Company

Voting Results:

  • Total shares outstanding: 3,739,000
  • Total votes polled: 2,200,056 (58.84% of outstanding shares)
  • Votes in favor: 2,200,056 (100% of votes polled)
  • Votes against: 0 (0% of votes polled)
  • Result: Passed unanimously

Resolution 4: Revision in Remuneration

  • Resolution type: Special Resolution
  • Promoter interest: Yes
  • Purpose: Revision in remuneration of Mr. Manan Mahajan (DIN: 02217914), Whole-time Director & Chief Financial Officer

Special Note: The Promoter and Promoter Group members (holding 1,848,313 equity shares) did not participate in voting on this resolution, being interested in the outcome, in terms of the proviso to Section 197 read with Schedule V of the Companies Act, 2013 and Regulation 17(6)(e) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting Results (Public shareholders only):

  • Public shares outstanding: 1,890,687
  • Public votes polled: 351,743 (18.60% of public shares)
  • Votes in favor: 345,743 (98.29% of public votes polled)
  • Votes against: 6,000 (1.71% of public votes polled)
  • Overall votes polled: 351,743 (9.41% of total outstanding shares)
  • Result: Passed with requisite majority

Resolution 5: Private Placement of Debentures

  • Resolution type: Special Resolution
  • Promoter interest: No
  • Purpose: Approval of Private Placement of Secured, Redeemable, Non-Convertible Debentures

Voting Results:

  • Total shares outstanding: 3,739,000
  • Total votes polled: 2,200,056 (58.84% of outstanding shares)
  • Votes in favor: 2,200,056 (100% of votes polled)
  • Votes against: 0 (0% of votes polled)
  • Result: Passed unanimously

Shareholding Pattern

  • Promoter and Promoter Group shares: 1,848,313 (49.43% of total)
  • Public Institutions shares: 0
  • Public Non-Institutions shares: 1,890,687 (50.57% of total)
  • Total outstanding shares: 3,739,000

Voting Participation Analysis

  • Promoter group participation: 100% voted on all resolutions except Resolution 4 (0% participation due to conflict of interest)
  • Public institution participation: 0% across all resolutions
  • Public non-institution participation: 18.60% average across resolutions
  • Overall voting participation: 58.84% of total shares

Scrutinizer Report Findings

  • Total members who cast votes: 29 across all resolutions
  • Poll voting: 28 members representing 2,194,056 votes (99.73% of valid votes)
  • E-voting: Representing 6,000 votes (0.27% of valid votes)
  • No invalid votes were recorded in any resolution

The documents have been uploaded on the company's website as required by regulations.