Meeting Details

The 31st Annual General Meeting was held on Tuesday, September 29, 2026 at 11:30 a.m. (IST) at Wing A, 2nd Block, 202-302, Orchid Complex, Opp. HDFC Bank, Chhapi-Pirojpura Road, Chhapi, Vadgam, Banas Kantha - 385210. The record date for determining eligible shareholders was September 22, 2026, with 20,911 shareholders on record.

Proposed Resolutions and Implications

Two ordinary resolutions were considered and passed:

Resolution No. 1: Consideration and Adoption of the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon.

Resolution No. 2: Re-appointment of Mr. Jeeyan Dipan Patwa (DIN: 02579469) as a Director (Executive), who retires by rotation and being eligible, offers himself for re-appointment.

Voting Process and Methods

The voting was conducted through remote e-voting facilitated by National Securities Depository Limited (NSDL). The remote e-voting period commenced on Saturday, September 26, 2026 from 9:00 a.m. and ended on Monday, September 28, 2026 at 5:00 p.m. No votes were cast by members during the AGM itself through physical polling.

Key Voting Outcomes

Resolution No. 1 Results:

  • Total votes cast: 10,750,345 shares
  • Votes in favor: 10,750,225 shares (99.9989%)
  • Votes against: 120 shares (0.0011%)
  • Promoter voting: 10,724,500 shares voted 100% in favor
  • Public non-institutions: 25,845 shares voted (99.5357% in favor, 0.4643% against)

Resolution No. 2 Results:

  • Total votes cast: 10,750,295 shares
  • Votes in favor: 10,749,835 shares (99.9957%)
  • Votes against: 460 shares (0.0043%)
  • Promoter voting: 10,724,500 shares voted 100% in favor
  • Public non-institutions: 25,795 shares voted (98.2167% in favor, 1.7833% against)

Shareholder Participation:

  • Total shareholders on record date: 20,911
  • Shareholders present at meeting: 33 (2 Promoters, 31 Public)
  • Shareholders participating in e-voting: 64 for Resolution 1, 61 for Resolution 2

Scrutinizer's Role and Findings

PCS Rupal Patel was appointed as Scrutinizer by the Board of Directors to scrutinize the voting process. The scrutinizer confirmed that:

  • The voting process was conducted in a fair and transparent manner
  • All resolutions were passed with requisite majority
  • No invalid votes were cast in either resolution
  • Votes were unblocked in the presence of two witnesses not employed by the company

Compliance Confirmation

The document confirms compliance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, SEBI Circulars, MCA Circulars, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.