Meeting Details
- Date: Thursday, August 6, 2026
- Time: 3:00 p.m. to 4:22 p.m. (IST)
- Location: Conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
- Type: 87th Annual General Meeting
- Presiding Officer: Mr. Shekhar Bajaj, Chairman of the Company
Proposed Resolutions and Outcomes
The following agenda items from the Notice of the 87th AGM were presented for Members' consideration and approval. All resolutions were approved through the requisite majority:
| Item No. | Agenda | Resolution Type |
| 1.(a) | To consider and adopt: (a) the audited financial statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon | Ordinary Resolution |
| 1.(b) | To consider and adopt: (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and the report of Auditors thereon | Ordinary Resolution |
| 2 | To declare dividend on equity shares for the financial year ended March 31, 2026 | Ordinary Resolution |
| 3 | To appoint Mr. Sanjay Sachdeva (DIN: 11017868), who retires by rotation, as a Director | Ordinary Resolution |
| 4 | To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2027 | Ordinary Resolution |
| 5 | To approve borrowing by way of issue of securities | Special Resolution |
Voting Process and Methods
The voting process was conducted as follows:
- Record Date: Thursday, July 30, 2026
- E-voting Provider: MUFG Intime India Private Limited (erstwhile known as Link Intime India Private Limited)
- Remote E-voting Period: Sunday, August 2, 2026 at 09:00 A.M. (IST) to Wednesday, August 5, 2026 at 05:00 P.M. (IST)
- In-meeting Voting: E-voting option was also available during the AGM for Members who had not previously cast their votes
Key Meeting Proceedings
- The meeting was conducted in accordance with circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI authorizing virtual AGMs.
- The Chairman confirmed that requisite quorum was present at the meeting.
- Directors introduced included Mr. Shailesh Haribhakti (Chairman of Audit Committee), Mr. Sudarshan Sampathkumar (Chairman of Nomination and Remuneration Committee and Stakeholders' Relationship Committee), along with the Chief Financial Officer and Company Secretary.
- Representatives from statutory auditors (Messrs S R B C & CO. LLP) and secretarial auditors (Messrs Makarand M Joshi & Co.) were in attendance.
- Mandated documents were made accessible for electronic perusal during the AGM as per Companies Act, 2013 requirements.
- Both Auditors' report on Financial Statements and Secretarial Audit Report for FY26 contained no adverse remarks, qualifications, or disclaimers.
- The Chairman provided an overview of the Company's performance during Q1-FY 2026-27.
- 17 speaker shareholders/members addressed the meeting through VC seeking clarifications on accounts, businesses, and other issues.
- Clarifications were provided by Mr. Sanjay Sachdeva (Managing Director & CEO) and the Chairman.
Scrutinizer and Results Disclosure
- Scrutinizer: Messrs MMJB & Associates LLP, Practising Company Secretaries, appointed by the Board of Directors at its Meeting held on May 15, 2026
- Results Disclosure: E-voting results along with the Scrutinizer's Report will be communicated to Stock Exchanges, posted on the Company's website and MUFG Intime's website not later than two working days after conclusion of the AGM
- Recording: The recorded transcript/video recording of the meeting will be made available on the Company's website
Compliance Confirmation
The meeting was conducted in compliance with:
- Companies Act, 2013 and Rules framed thereunder
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Circulars issued by MCA and SEBI regarding virtual meetings