Meeting Details

Date: Friday, August 14, 2026

Time: 11:30 AM to 12:15 PM (IST)

Location: Conducted through Video Conferencing (VC)

Type: Extraordinary General Meeting

Deemed Venue: Registered Office of the Company

Proposed Resolutions and Implications

The single agenda item was Special Business Item No. 1: "To approve the issuance of equity shares and convertible warrants by way of preferential issue." This was proposed as a special resolution. The Chairperson highlighted the strategic importance of the proposed fundraising, confidence from institutional and promoter investors, key aspects including issue price, floor price, and changes in promoter holding. Mr. Tarun Sanjay Mehta, Executive Director & CEO, addressed shareholders on the strategic purpose of the proposed issue.

Voting Process and Methods

The voting was conducted exclusively through e-voting with no voting by show of hands. The company used the e-voting system provided by NSDL. Shareholders could cast votes through remote e-voting prior to the meeting or during the meeting itself. The e-voting facility remained open for 30 minutes after the meeting concluded (until 12:45 PM IST). Shareholders who had already voted remotely could attend but not vote again.

Key Voting Outcomes

The actual voting results are not provided in this document. The document states that results along with the scrutinizer's report will be made available on the company's website and disseminated to stock exchanges in accordance with applicable laws. The resolution is deemed to be passed on August 14, 2026, subject to receipt of the requisite number of votes.

Scrutinizer's Role and Findings

Mr. Biswajith Ghosh, Partner of M/s. BMP & Co LLP, Practicing Company Secretary, was appointed as the Scrutinizer for supervising the e-voting process. The scrutinizer's report was not yet finalized at the time of this disclosure.

Compliance with Laws and Regulations

The EGM was conducted in compliance with circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI), and applicable provisions of the Companies Act, 2013 and Rules made thereunder. Statutory registers and documents referred to in the EGM notice were available for electronic inspection by shareholders during the meeting.

Attendance Details

Directors Present through VC:

  • Mr. Sanjay Nayak - Non-executive Independent Director (Chairperson of Nomination and Remuneration Committee)
  • Mr. Tarun Sanjay Mahta - Executive Director & CEO
  • Mr. Swapnil Babanlal Jain - Executive Director & CTO
  • Mr. Pankaj Sood - Non-executive Director
  • Mr. Ram Kuppuswamy - Non-executive Director
  • Mr. Vivek Anand - Non-executive Director

Key Managerial Personnel Present through VC:

  • Mr. Sohil Dilipkumar Parekh - Chief Financial Officer
  • Ms. Puja Aggarwal - Company Secretary & Compliance Officer

Present by Invitation through VC:

  • Mr. Gurvinder Singh - Partner, Deloitte Haskins & Sells, Statutory auditors
  • Mr. Biswajith Ghosh - Partner, M/s. BMP & Co LLP, Scrutinizer

Members Present: 60 members attended through VC

Additional Information

The Chairperson was Ms. Neelam Dhawan, Chairperson of the Board. Shareholders who registered to speak were allowed to ask questions during a Q&A session, and could also post questions in the chat box. The company provided designated email addresses for follow-up questions. The proceedings will be made available on the company website and stock exchanges.