AGM Details

The 19th Annual General Meeting was held on Friday, 31 July 2026 at 12:15 pm (IST) through Video Conference/Other Audio-Visual Means (e-AGM). The meeting started at 12:15 PM and ended at 02:01 PM.

Scrutinizer Appointment

Sachin Bhagwat, Practicing Company Secretary (Membership Number: 10189), was appointed as Scrutinizer by the Board of Directors on 30 April 2026. His responsibility was to scrutinize both remote e-voting and e-voting at the AGM process.

Record Date and Shareholding

Cut-off date for voting rights: Friday, 24 July 2026

Total number of shareholders: 601,820

Total equity shares: 1,60,05,49,988

Voting Process

Remote e-voting was enabled through KFin Technologies Limited from Monday, 27 July 2026 at 9:00 AM to Thursday, 30 July 2026 at 5:00 PM. E-voting facility was also provided at the AGM for members who attended but hadn't voted remotely.

Voting Results Breakdown

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary Resolution
  • Description: To consider and adopt the standalone and consolidated financial statements for FY ended 31 March 2026 with Directors' and Auditors' Reports
  • Total Votes Polled: 1,30,04,91,767 shares (81.2528% of outstanding shares)
  • In Favor: 1,30,04,90,580 shares (99.9999%)
  • Against: 1,187 shares (0.0001%)
  • Invalid Votes: 0
  • Abstained: 10 shareholders, 5,87,915 shares
  • Result: Passed

Resolution 2: Dividend Declaration

  • Type: Ordinary Resolution
  • Description: To declare dividend of ₹1.50 per equity share (face value ₹1) for FY ended 31 March 2026
  • Total Votes Polled: 1,30,10,16,843 shares (81.2856% of outstanding shares)
  • In Favor: 1,30,10,15,287 shares (99.9999%)
  • Against: 1,556 shares (0.0001%)
  • Invalid Votes: 0
  • Abstained: 7 shareholders, 43,203 shares
  • Result: Passed

Resolution 3: Director Retirement

  • Type: Ordinary Resolution
  • Description: To take note of retirement of Rajiv Bajaj (DIN: 00018262) who retires by rotation under section 152(6) of Companies Act, 2013 and has expressed intention not to seek reappointment
  • Total Votes Polled: 1,30,09,75,783 shares (81.283% of outstanding shares)
  • In Favor: 1,30,09,73,572 shares (99.9998%)
  • Against: 2,211 shares (0.0002%)
  • Invalid Votes: 0
  • Abstained: 10 shareholders, 1,84,260 shares
  • Result: Passed

Resolution 4: Auditor Reappointment

  • Type: Ordinary Resolution
  • Description: To reappoint KKC & Associates LLP (Firm Registration Number: 105146W/W100621) as Statutory Auditors and fix their remuneration
  • Total Votes Polled: 1,30,10,16,762 shares (81.2856% of outstanding shares)
  • In Favor: 1,30,10,04,286 shares (99.999%)
  • Against: 12,476 shares (0.001%)
  • Invalid Votes: 0
  • Abstained: 9 shareholders, 43,284 shares
  • Result: Passed

Resolution 5: Cost Auditor Remuneration

  • Type: Ordinary Resolution
  • Description: Ratification of remuneration payable to Dhananjay V Joshi & Associates, Cost Auditor (Firm Registration Number: 000030) for FY 2027
  • Total Votes Polled: 1,30,10,16,763 shares (81.2856% of outstanding shares)
  • In Favor: 1,30,10,14,776 shares (99.9998%)
  • Against: 1,987 shares (0.0002%)
  • Invalid Votes: 0
  • Abstained: 8 shareholders, 43,283 shares
  • Result: Passed

Attendance Details

  • Promoters and promoter group attending through video conferencing: 62
  • Public shareholders attending through video conferencing: 1,095
  • Total resolutions passed: 5

Document Submission

The Scrutinizer's Report dated 31 July 2026 and voting results have been submitted to stock exchanges and are also available on the company's website and KFin Technologies Limited's website.