AGM Details

The 34th Annual General Meeting was held on Tuesday, 30th June 2026 at 12:00 PM through Video Conferencing (VC)/Other Audio Visual Means (OAVM).

Scrutinizer Appointment

The Company appointed Sumit Khanna, Practicing Company Secretary (Designated Partner of M/s. Sark & Associates LLP, Company Secretaries) as Scrutinizer to scrutinize the Remote E-voting and E-voting process in a fair and transparent manner.

Voting Process Details

  • E-voting period: Opened on Saturday, 27th June 2026 at 9:00 AM and closed on Monday, 29th June 2026 at 5:00 PM
  • Cut-off date for shareholder eligibility: Tuesday, 23rd June 2026
  • Votes were unblocked on 30th June 2026 around 3:00 PM in the presence of two independent witnesses
  • Voting was conducted through the e-voting website of RTA Purva Sharegistry (www.purvashareregistry.com)

Voting Results Summary

All seven resolutions were passed with 100% approval from shareholders who participated in the voting:

Resolution 1: Adoption of Audited Standalone Financial Statements

  • 19 members voted through Remote E-voting representing 6,127,745 shares
  • 100% votes in favor (6,127,745 shares)
  • 0 votes against, 0 invalid votes

Resolution 2: Declaration of Final Dividend

  • Final dividend of 0.75 paisa per equity share for financial year 2025-26
  • Approved with 100% votes in favor

Resolution 3: Re-appointment of Mrs. Sarika Bhise (DIN: 06987209)

  • 19 members voted through Remote E-voting representing 6,127,745 shares
  • 100% votes in favor (6,127,745 shares)
  • 0 votes against, 0 invalid votes

Resolution 4: Re-appointment of M/s. Sark & Associates LLP as Secretarial Auditors

  • Appointment for 5 consecutive financial years from 1st April 2026 to 31st March 2031
  • 19 members voted through Remote E-voting representing 6,127,745 shares
  • 100% votes in favor (6,127,745 shares)
  • 0 votes against, 0 invalid votes

Resolution 5: Related Party Transaction with Shiv Shakti Enterprises

  • Transaction limit approved: ₹60,00,00,000 (₹60 crore)
  • 15 members voted through Remote E-voting representing 75,515 shares
  • 100% votes in favor (75,515 shares)
  • 0 votes against, 0 invalid votes

Resolution 6: Re-appointment of Mr. Ketan Harilal Mehta (DIN: 01238700)

  • Re-appointment as Managing Director and Chairman
  • 19 members voted through Remote E-voting representing 6,127,745 shares
  • 100% votes in favor (6,127,745 shares)
  • 0 votes against, 0 invalid votes

Resolution 7: Approval of Remuneration of Mrs. Sarika Bhise

  • 19 members voted through Remote E-voting representing 6,127,745 shares
  • 100% votes in favor (6,127,745 shares)
  • 0 votes against, 0 invalid votes

Document Submission

The report was submitted to BSE Limited by Shriddha Gupta, Company Secretary & Compliance Officer (ACS No. 49260) on behalf of the Board of Directors.

Record Keeping

The scrutinizer will maintain all voting records and papers until the Chairman approves and signs the AGM minutes, after which they will be handed over to the authorized person for safekeeping.