Meeting Details

The 36th Annual General Meeting was held on Wednesday, 16th September 2026 at 11:00 AM IST through Video Conferencing/Other Audio Visual Means. The remote e-voting period commenced on Sunday, 13th September 2026 at 9:00 AM IST and concluded on Tuesday, 15th September 2026 at 5:00 PM IST through the e-voting platform of KFin Technologies Limited.

Record Date and Shareholding

Record date was 7th September 2026. Total number of shareholders on record date: 124,595. Total outstanding shares: 35,267,767.

Promoter and Promoter Group holding: 13,433,237 shares (38.1%)

Public Institutions holding: 17,888,325 shares (50.7%)

Public Non-Institutions holding: 3,946,205 shares (11.2%)

Voting Participation

Total votes polled: 29,166,722 shares (82.70% of outstanding shares)

Promoter and Promoter Group voting: 100% participation (13,433,237 shares)

Public Institutions voting: 86.13% participation (15,408,020 shares)

Public Non-Institutions voting: 8.25% participation (325,465 shares)

Resolution Outcomes

All 16 resolutions set out in the Notice of the 36th AGM were passed with requisite majority:

Resolution 1: Adoption of financial statements for FY ended 31st March 2026 - Passed with 83.47% in favor

Resolution 2: Appointment of Mr. Jasbir Singh (DIN: 00259632) as Executive Chairman & CEO - Passed with 97.28% in favor

Resolution 3: Ratification of remuneration of Cost Auditors for FY 2026-27 - Passed with 100% in favor

Resolution 4: Re-appointment of Mr. Prakash Iyer (DIN: 00956349) as Independent Director - Passed with 90.36% in favor

Resolution 5: Re-appointment of Ms. Sabina Moti Bhavnani (DIN: 06553087) as Independent Director - Passed with 92.15% in favor

Resolution 6: Approval of Related Party Transaction for payment to Mr. Sudhir Goyal - Passed with 91.58% in favor

Resolution 7: Approval for giving Corporate Guarantees under Section 186 - Passed with 79.08% in favor

Resolution 8: Approval for Acquisition of Securities under Section 186 - Passed with 84.25% in favor

Resolution 9-11: Authorization under Section 185 for loans/guarantees to subsidiaries - Passed with 93.69-96.62% in favor

Resolution 12-16: Approval of Material Related Party Transactions with subsidiaries - Passed with 88.28-94.62% in favor

Scrutinizer Details

Vikram Jhawar of V. Jhawar & Co. (Membership No. 10300) was appointed as Scrutinizer on 13th August 2026. The scrutinizer's report was issued on 17th September 2026.

Voting Mechanism

The company provided remote e-voting facility from 13th to 15th September 2026 and Insta Poll facility during the AGM for members who hadn't voted remotely. The e-voting system was provided by KFin Technologies Limited.

Disclosure of Notes

Promoter and Promoter Group were interested in Resolutions 2, 6, 13, 14, 15, and 16. They were not interested in the other resolutions.