Meeting Details

  • Date: Tuesday, September 29, 2026
  • Time: 2:30 PM to 3:38 PM (IST)
  • Type: Annual General Meeting (AGM)
  • Mode: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Record Date: September 18, 2026
  • Total Shareholders on Record Date: 150,821

Proposed Resolutions and Implications

The AGM considered and passed six resolutions:

1. Ordinary Resolution: To receive, consider and adopt the Audited Standalone Financial Statements for FY ended March 31, 2026, together with reports of Board of Directors and Statutory Auditors, and Audited Consolidated Financial Statements with Statutory Auditors' report.

2. Ordinary Resolution: To appoint a director in place of Mr. Rakesh Chopdar (DIN: 01795599) who retires by rotation and offers himself for re-appointment.

3. Special Resolution: To approve the increase in Remuneration payable to Mr. Rakesh Chopdar, Whole-Time Director, Chairman and Chief Executive Officer.

4. Special Resolution: To re-appoint Mr. Rakesh Chopdar (DIN: 01795599) as Whole-Time Director, Chairman and Chief Executive Officer for a term of five years.

5. Ordinary Resolution: To re-appoint Mrs. Jyoti Chopdar (DIN: 03132157) as Whole-Time Director for a term of five years.

6. Ordinary Resolution: To re-appoint Mr. Vishnu Malpani (DIN: 10307319) as Whole-Time Director for a term of five years.

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting: Available from September 26, 2026 (9:00 AM IST) to September 28, 2026 (5:00 PM IST)
  • E-voting at AGM: Electronic voting system provided for members attending via VC/OAVM who hadn't voted remotely
  • The company used KFin Technologies Limited as the e-voting agency
  • Physical attendance and proxy appointments were dispensed with as per MCA and SEBI circulars

Key Voting Outcomes

Overall Participation

  • Total shares outstanding: 64,581,743
  • Total votes cast: 48,767,363 (75.5126% of outstanding shares)
  • Members who voted: 290 via remote e-voting + 3 via e-voting at AGM = 293 total

Resolution-wise Results:

Resolution 1 (Ordinary - Financial Statements)

  • Votes in favor: 48,710,139 (99.88%)
  • Votes against: 57,224 (0.12%)
  • Passed: Yes

Resolution 2 (Ordinary - Director Re-appointment)

  • Votes in favor: 48,487,103 (99.43%)
  • Votes against: 280,278 (0.57%)
  • Passed: Yes

Resolution 3 (Special - Remuneration Increase)

  • Votes in favor: 48,633,845 (99.73%)
  • Votes against: 133,536 (0.27%)
  • Passed: Yes

Resolution 4 (Special - Re-appointment Rakesh Chopdar)

  • Votes in favor: 48,500,483 (99.45%)
  • Votes against: 266,898 (0.55%)
  • Passed: Yes

Resolution 5 (Ordinary - Re-appointment Jyoti Chopdar)

  • Votes in favor: 44,708,266 (91.68%)
  • Votes against: 4,059,097 (8.32%)
  • Passed: Yes

Resolution 6 (Ordinary - Re-appointment Vishnu Malpani)

  • Votes in favor: 43,956,290 (90.13%)
  • Votes against: 4,811,073 (9.87%)
  • Passed: Yes

Category-wise Participation:

  • Promoter and Promoter Group: 3 members attended via VC, representing 36,064,240 shares
  • Public: 47 members attended via VC
  • Total members present: 50 (3 promoters + 47 public)

Scrutinizer's Role and Findings

  • Name: Ashish Kumar Gaggar, Company Secretary in Practice
  • Qualifications: CS, Membership Number 6687, CP No. 7321
  • Appointment Date: August 7, 2026 by Board of Directors
  • Report Issuance Date: September 30, 2026
  • Role: Scrutinized both remote e-voting and e-voting at AGM as per Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management & Administration) Rules, 2014
  • Findings: Confirmed voting process was conducted fairly and transparently, all resolutions passed with requisite majority

Compliance Confirmation

The document confirms compliance with:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Various MCA circulars including General Circular nos. 14/2020, 17/2020, 20/2020, 02/2021, 21/2021, 2/2022, 10/2022, 09/2023, 09/2024, 03/2025
  • SEBI circulars including Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120, Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167, Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133

Additional Information

  • Company Address: Plot No.90/C, 90/D, Phase -1, I.D.A., Jeedimetla, Hyderabad, Telangana-500 055, India
  • GSTIN: 36AAECA9452N1ZJ