Meeting Information

Astral Limited held its 30th Annual General Meeting (AGM) on Monday, 24th August 2026 from 11:00 AM to 11:58 AM through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The record date for determining shareholders entitled to vote was 17th August 2026.

Attendance Details

  • Total number of shareholders on record date: 263,678
  • Shareholders present through video conferencing:
  • Promoters and Promoter Group: 4
  • Public: 49
  • No shareholders were present in person or through proxy

Voting Results Summary

Five resolutions were considered and all were passed at the AGM. The e-voting facility was provided by Central Depository Services (India) Limited (CDSL), with remote e-voting open from 9:00 AM on 21st August 2026 to 5:00 PM on 23rd August 2026.

Resolution 1: Adoption of Financial Statements

  • Description: To receive, consider and adopt the Audited Financial Statements (including Consolidated Financial Statements) of the Company for the financial year ended 31st March 2026 together with the reports of the Directors and Auditors thereon
  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Total Votes Polled: 237,385,386 (88.36% of outstanding shares)
  • Votes in Favor: 237,212,817 (99.93% of votes polled)
  • Votes Against: 172,569 (0.07% of votes polled)
  • Result: Passed

Resolution 2: Dividend Declaration

  • Description: To confirm the payment of Interim Dividend declared by the Board of Directors and to declare Final Dividend on Equity shares for the financial year ended on 31st March 2026
  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Total Votes Polled: 237,523,320 (88.41% of outstanding shares)
  • Votes in Favor: 237,522,643 (99.9997% of votes polled)
  • Votes Against: 677 (0.0003% of votes polled)
  • Result: Passed

Resolution 3: Re-appointment of Mr. Hiranand Savlani

  • Description: To consider re-appointment of Mr. Hiranand Savlani (DIN: 07023661), who retires by rotation and being eligible, offers himself for re-appointment
  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Total Votes Polled: 237,523,320 (88.41% of outstanding shares)
  • Votes in Favor: 236,085,183 (99.39% of votes polled)
  • Votes Against: 1,438,137 (0.61% of votes polled)
  • Result: Passed

Resolution 4: Re-appointment of Mr. Sandeep Engineer as Managing Director

  • Description: To consider re-appointment of Mr. Sandeep Engineer (DIN: 00067112) as Managing Director of the Company
  • Resolution Type: Special
  • Promoter Interest: No
  • Total Votes Polled: 237,523,320 (88.41% of outstanding shares)
  • Votes in Favor: 192,637,702 (81.10% of votes polled)
  • Votes Against: 44,885,618 (18.90% of votes polled)
  • Institutional Voting Breakdown:
  • Public Institutions voted 48.66% in favor and 51.34% against
  • Public Non-Institutions voted 99.78% in favor and 0.22% against
  • Result: Passed

Resolution 5: Ratification of Cost Auditors' Remuneration

  • Description: To ratify the remuneration of the Cost Auditors
  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Total Votes Polled: 237,523,318 (88.41% of outstanding shares)
  • Votes in Favor: 237,522,618 (99.9997% of votes polled)
  • Votes Against: 700 (0.0003% of votes polled)
  • Result: Passed

Scrutinizer's Report

Monica Kanuga, Company Secretary (Membership No.: A29326, FCS No. 3868, CP No. 2125), was appointed as Scrutinizer for the voting process. The scrutinizer report confirms:

  • E-voting was conducted through CDSL
  • Remote e-voting period: 21st August 2026 (9:00 AM) to 23rd August 2026 (5:00 PM)
  • Shareholders present at AGM through VC could vote if they hadn't voted remotely
  • Data was unblocked and downloaded in front of two witnesses after the meeting
  • Detailed breakdown of votes by members shows high participation rates
  • Some members exercised partial voting (voting on part of their holding)
  • Electronic data and records will be handed to the Company Secretary for safekeeping