Meeting Details

The 17th Annual General Meeting of the Company was held on Wednesday, September 30, 2026, from 01:00 P.M. to 01:14 P.M., conducted through Video Conference (VC) / Other Audio-Visual Means (OAVM).

Proposed Resolutions and Implications

The AGM considered four resolutions:

1. Ordinary Business: To receive, consider and adopt:

  • The Audited Standalone Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors
  • The Audited Consolidated Financial Statements for FY ended March 31, 2026, with Report of the Auditors

2. Ordinary Business: To reappoint Saideep Shantaram Bagale (DIN: 07196456) as Director who retires by rotation under Section 152(6) of Companies Act, 2013

3. Special Business: Appointment of M/s. Ketan Vyas & Company, Company Secretaries, as Secretarial Auditors of the Company

4. Special Business: Approval for Related Party Transactions

Voting Process and Methods

The Company availed remote e-voting facility and e-voting during the AGM through the platform provided by Central Depository Services (India) Limited (CDSL). Shareholders holding equity shares as on the cut-off date of Wednesday, September 23, 2026 were entitled to vote. Remote e-voting commenced on Sunday, September 27, 2026 at 09:00 a.m. (IST) and ended on Tuesday, September 29, 2026 at 05:00 p.m. (IST).

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 212,671,705
  • Votes in favor: 212,671,605 (100.00%)
  • Votes against: 100 (0.00%)
  • Total members voted: 42
  • Members in favor: 41
  • Members against: 1

Resolution 2: Reappointment of Director

  • Total votes cast: 212,671,705
  • Votes in favor: 212,671,605 (100.00%)
  • Votes against: 100 (0.00%)
  • Total members voted: 42
  • Members in favor: 41
  • Members against: 1

Resolution 3: Appointment of Secretarial Auditors

  • Total votes cast: 212,671,705
  • Votes in favor: 212,671,605 (100.00%)
  • Votes against: 100 (0.00%)
  • Total members voted: 42
  • Members in favor: 41
  • Members against: 1

Resolution 4: Related Party Transactions

  • Total valid votes cast: 30,791,286
  • Votes in favor: 30,791,186 (100.00%)
  • Votes against: 100 (0.00%)
  • Total members voted: 33
  • Members in favor: 32
  • Members against: 1
  • Invalid/Abstained votes: 181,880,419 (from 9 members, comprising promoter and promoter group votes considered invalid)

Scrutinizer's Role and Findings

Vipin Kumar Chhawchhriya, Proprietor of M/s VC & Associates, Practicing Company Secretary (Membership Number: A39361, Certificate of Practice: 14655) was appointed as Scrutinizer. The scrutinizer confirmed that all resolutions were passed with requisite majority. The electronic data and relevant records were kept under safe custody and will be handed over to the Whole Time Director & CFO for preservation after the Chairman approves and signs the AGM minutes.

Compliance Confirmation

The voting process complied with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.