Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

  • Date: Saturday, September 26, 2026
  • Time: 11:00 A.M. (IST)
  • Location: Conducted through Video Conferencing (VC)
  • Type of Meeting: 38th Annual General Meeting
  • Record Date: Friday, September 19, 2026
  • Total Shareholders on Record Date: 50,415

Proposed Resolutions and Implications

The AGM considered four resolutions:

1. Receipt, consideration, and adoption of audited standalone and consolidated financial statements for FY ended March 31, 2026, together with reports of Board of Directors and Auditors

2. Declaration of dividend on equity shares for FY ended March 31, 2026

3. Re-appointment of Mr. Karan Paul (DIN: 00007240) as a Director liable to retire by rotation

4. Approval of remuneration of Mr. Karan Paul, Non-Executive Director (Special Resolution)

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting: Period from Wednesday, September 23, 2026 at 09:00 A.M. (IST) to Friday, September 25, 2026 at 05:00 P.M. (IST)
  • E-voting during AGM: For members attending through VC/OVAM who did not participate in remote e-voting
  • Service Provider: MUFG Intime India Private Limited
  • Scrutinizer: Mr. Harish Chawla, Partner, M/s CL & Associates, Company Secretaries, New Delhi

Key Voting Outcomes

Overall Participation

  • Total Paid-up Equity Share Capital: ₹21,33,74,246 divided into 213,374,246 equity shares of ₹1 each
  • Total Votes Polled: 172,650,345 shares
  • Percentage of Votes Polled: 80.9143% of outstanding shares

Resolution-wise Results

Resolution 1: Adoption of Financial Statements (Ordinary Resolution)
  • Total Votes in Favor: 169,513,011 (98.1828% of votes polled)
  • Total Votes Against: 3,137,334 (1.8172% of votes polled)
  • Promoter Group: 100% in favor (145,540,623 votes)
  • Public Institutions: 88.3757% in favor, 11.6243% against
  • Public Non-Institutions: 99.9462% in favor
Resolution 2: Dividend Declaration (Ordinary Resolution)
  • Total Votes in Favor: 172,650,280 (100.0000% of votes polled)
  • Total Votes Against: 65 (0.0000% of votes polled)
  • Promoter Group: 100% in favor
  • Public Institutions: 100% in favor
  • Public Non-Institutions: 99.9462% in favor
Resolution 3: Re-appointment of Mr. Karan Paul (Ordinary Resolution)
  • Total Votes in Favor: 169,513,007 (98.1828% of votes polled)
  • Total Votes Against: 3,137,337 (1.8172% of votes polled)
  • Promoter Group: 100% in favor
  • Public Institutions: 88.3757% in favor, 11.6243% against
  • Public Non-Institutions: 99.9438% in favor
Resolution 4: Remuneration of Mr. Karan Paul (Special Resolution)
  • Total Votes in Favor: 156,544,402 (95.1231% of votes polled)
  • Total Votes Against: 8,025,853 (4.8769% of votes polled)
  • Promoter Group: 100% in favor (interested party)
  • Public Institutions: 57.6631% in favor, 42.3369% against
  • Public Non-Institutions: 83.0545% in favor, 16.9455% against

Shareholder Category Participation

Promoter and Promoter Group

  • Shares Held: 145,559,703
  • Votes Polled: 145,540,623 (99.9869% of shares held)
  • Voting Method: 100% via e-voting

Public Institutions

  • Shares Held: 27,580,475
  • Votes Polled: 26,988,810 (97.8548% of shares held)
  • Voting Method: 100% via e-voting

Public Non-Institutions

  • Shares Held: 40,234,068
  • Votes Polled: 120,912 (0.3006% of shares held)
  • Voting Method: E-voting (111,391 votes) and Poll (9,521 votes)

Scrutinizer's Role and Findings

Mr. Harish Chawla was appointed as Scrutinizer by the Board of Directors in their meeting on May 26, 2026. His responsibilities included:

  • Scrutinizing voting through electronic means (remote e-voting and e-voting)
  • Unblocking votes cast during e-voting after conclusion of AGM in presence of two witnesses (Arpita Singh and Garima Rajora)
  • Preparing consolidated scrutinizer's report
  • Ensuring no shareholder used both voting facilities

The scrutinizer confirmed that all resolutions were passed with requisite majority and that electronic data and relevant records will be handed over to the Company Secretary for preservation.

Compliance with Regulations

The company complied with:

  • Section 108 of Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
  • MCA General Circulars including No. 09/2025 dated September 22, 2025
  • Newspaper advertisements in Business Standard (English) and EiSamay (Bengali) on September 3, 2026 and September 5, 2026