Meeting Details
The 47th Annual General Meeting was held on Monday, August 10, 2026 through Video Conferencing/Other Audio Visual Means. The meeting started at 3:18 PM and ended at 5:20 PM. The record date was August 3, 2026.
Shareholder Participation
Total number of shareholders on record date: 29,932
Number of public shareholders attended through video conferencing: 41
No promoters or promoter group members attended in person or through proxy.
Voting Results Overview
All five resolutions were passed with requisite majority. Total votes polled represented 87.15-87.15% of outstanding shares across different resolutions.
Resolution 1: Adoption of Financial Statements
- Type: Ordinary Resolution
- Description: Adoption of the audited financial statements for the year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon
- Promoter Voting: 18,750,000 shares voted in favor (100% of promoter holdings)
- Public Institutions: 2,268,681 shares voted (96.81% participation), all in favor
- Public Non-Institutions: 769,012 shares voted (19.69% participation), 769,008 in favor, 4 against
- Total: 21,787,693 shares voted (87.15% participation), 21,787,689 in favor, 4 against
- Result: Passed
Resolution 2: Dividend Declaration
- Type: Ordinary Resolution
- Description: Declaration of dividend of ₹36 per share on equity shares for the financial year 2025-26
- Promoter Voting: 18,750,000 shares voted in favor (100% of promoter holdings)
- Public Institutions: 2,268,775 shares voted (96.81% participation), all in favor
- Public Non-Institutions: 769,012 shares voted (19.69% participation), 769,008 in favor, 4 against
- Total: 21,787,787 shares voted (87.15% participation), 21,787,783 in favor, 4 against
- Result: Passed
Resolution 3: Re-appointment of Director
- Type: Ordinary Resolution
- Description: Appointment of Ms. Bhavana Agrawal (DIN: 10485441) who retires by rotation, and being eligible, offers herself for re-appointment
- Promoter Voting: 18,750,000 shares voted in favor (100% of promoter holdings)
- Public Institutions: 2,268,775 shares voted (96.81% participation), 2,262,153 in favor, 6,622 against
- Public Non-Institutions: 769,006 shares voted (19.69% participation), 768,302 in favor, 704 against
- Total: 21,787,781 shares voted (87.15% participation), 21,780,455 in favor, 7,326 against (99.97% in favor)
- Result: Passed
Resolution 4: Appointment of Statutory Auditors
- Type: Ordinary Resolution
- Description: Appointment of Statutory Auditors of the Company
- Promoter Voting: 18,750,000 shares voted in favor (100% of promoter holdings)
- Public Institutions: 2,268,775 shares voted (96.81% participation), 2,268,585 in favor, 190 against
- Public Non-Institutions: 769,012 shares voted (19.69% participation), 768,403 in favor, 609 against
- Total: 21,787,787 shares voted (87.15% participation), 21,786,988 in favor, 799 against (99.996% in favor)
- Result: Passed
Resolution 5: Re-appointment of Independent Director
- Type: Special Resolution
- Description: Re-appointment of Ms. Shilpa Divekar Nirula (DIN: 06619353) as an Independent Director
- Promoter Voting: 18,750,000 shares voted in favor (100% of promoter holdings)
- Public Institutions: 2,268,775 shares voted (96.81% participation), 1,882,419 in favor, 386,356 against
- Public Non-Institutions: 769,012 shares voted (19.69% participation), 767,309 in favor, 1,703 against
- Total: 21,787,787 shares voted (87.15% participation), 21,399,728 in favor, 388,059 against (98.22% in favor)
- Result: Passed
Scrutinizer Details
- Name: Mr. Vijayakrishna K T
- Qualification: CS
- Membership Number: 1788
- Date of Board Meeting Appointment: May 26, 2026
- Date of Report Issuance: August 11, 2026
Voting Process
The remote e-voting was kept open for four days from August 6, 2026 (9:00 AM IST) till August 9, 2026 (5:00 PM IST). The e-voting facility was provided by National Securities Depository Limited (NSDL).
Voting Participation Breakdown
- 92 members cast votes through remote e-voting
- 9 members cast votes through e-voting at the AGM
- Total of 200-205 members participated across different resolutions