Meeting Details

The 43rd Annual General Meeting was held on Friday, June 26, 2026, commencing at 02:30 p.m. and concluding at 04:00 p.m. through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The cut-off date for determining shareholders eligible to vote was Friday, June 19, 2026.

Proposed Resolutions and Implications

Five ordinary resolutions were proposed and approved:

1. Resolution 1: Adoption of Audited Financial Statements for FY2025-26 together with Reports of Board of Directors and Auditors

2. Resolution 2: Adoption of Audited Consolidated Financial Statements for FY2025-26 with Auditors' report

3. Resolution 3: Declaration of dividend on equity shares for Financial Year 2025-26

4. Resolution 4: Re-appointment of Mr. Karan Adani (DIN: 03088095) as Director who retires by rotation

5. Resolution 5: Approval of remuneration payable to M/s. P.M. Nanabhoy & Co., Cost Accountants, as Cost Auditors for FY2026-27

Voting Process and Methods

The voting process utilized two methods:

  • Remote E-voting: Period remained open from Tuesday, June 23, 2026 at 09:00 a.m. to Thursday, June 25, 2026 at 5:00 p.m.
  • E-voting during AGM: Electronic voting system for shareholders present at the AGM through VC/OAVM who had not cast their vote earlier through remote e-voting

Central Depository Services (India) Limited (CDSL) was appointed as the agency for providing e-voting facility. Votes were unblocked on June 26, 2026 at around 4:00 p.m. in the presence of two witnesses (Ms. Nidhi Patel and Ms. Neha Soni) not employed by the company.

Key Voting Outcomes

Resolution 1 - Adoption of Financial Statements

  • Total votes cast: 2,238,875,472 shares (90.1023% of outstanding shares)
  • In favor: 2,238,875,472 shares (100.00%)
  • Against: 2,858 shares (0.00%)
  • Abstained: 160,877 shares

Resolution 2 - Adoption of Consolidated Financial Statements

  • Total votes cast: 2,238,875,445 shares (90.1023% of outstanding shares)
  • In favor: 2,238,875,445 shares (100.00%)
  • Against: 2,875 shares (0.00%)
  • Abstained: 160,887 shares

Resolution 3 - Dividend Declaration

  • Total votes cast: 2,239,036,294 shares (90.1023% of outstanding shares)
  • In favor: 2,239,036,294 shares (100.00%)
  • Against: 2,903 shares (0.00%)
  • Abstained: 10 shares

Resolution 4 - Re-appointment of Karan Adani

  • Total votes cast: 2,239,039,196 shares (90.1088% of outstanding shares)
  • In favor: 2,226,998,033 shares (99.46%)
  • Against: 12,041,163 shares (0.54%)
  • Abstained: 11 shares

Category-wise breakdown for Resolution 4:

  • Promoter & Promoter Group: 100.00% in favor (1,663,381,052 shares)
  • Public Institutions: 97.91% in favor (563,439,772 shares), 2.09% against (12,035,087 shares)
  • Public Non-Institutions: 96.68% in favor (177,209 shares), 3.32% against (6,076 shares)

Resolution 5 - Cost Auditor Remuneration

  • Total votes cast: 2,239,033,852 shares (90.1086% of outstanding shares)
  • In favor: 2,239,030,076 shares (100.00%)
  • Against: 3,776 shares (0.00%)
  • Abstained: 5,355 shares

Scrutinizer's Role and Findings

Chirag Shah, Partner of Chirag Shah & Associates, Practicing Company Secretary, was appointed as Scrutinizer. His responsibilities were restricted to giving a consolidated report on votes cast through both remote e-voting and e-voting during the AGM. The scrutinizer confirmed that all resolutions were passed with requisite majority and complied with relevant provisions of the Companies Act, 2013, SEBI LODR Regulations, and Secretarial Standard-2.

Compliance Confirmation

The disclosure confirms compliance with Regulation 44(3) of SEBI Listing Regulations. The company affirmed that the voting process adhered to the Companies Act, 2013 and rules made thereunder, SEBI LODR Regulations, and Secretarial Standard-2 on General Meetings.

Additional Information

The voting results and scrutinizer's report were uploaded on the company's website (www.ambujacement.com) and on CDSL's website (www.evotingindia.com). The register and all records relating to electronic voting remain in the scrutinizer's safe custody until the Chairman approves and signs the meeting minutes.