Meeting Details

  • Date: Friday, 31 July 2026
  • Time: 4:00 p.m. to 5:25 p.m. (including time allowed for e-voting)
  • Location: Conducted through Video Conferencing ('VC')/Other Audio-Visual Means ('OAVM')
  • Type: 81st Annual General Meeting
  • Attendance: 177 members attended through VC/OAVM

Proposed Resolutions and Implications

The following resolutions were presented for members' consideration and approval:

Ordinary Business

1. Consideration and adoption of audited standalone and consolidated financial statements for the financial year ended 31 March 2026, together with Directors' and Auditors' Reports

2. Declaration of dividend of ₹130 per equity share of face value of ₹10 each for FY2026

3. Re-appointment of Shekhar Bajaj (DIN: 00089358) as director who retires by rotation under section 152(6) of Companies Act, 2013

Special Business

4. Re-appointment of Dr. Arindam Kumar Bhattacharya (DIN: 01570746) as independent director for a second term of five consecutive years effective 17 September 2026 (Special Resolution)

5. Approval for payment of Commission to non-executive directors for a period of five years (Special Resolution)

Voting Process and Methods

  • Facility for remote e-voting was provided to members on all resolutions
  • Additional facility for voting through e-voting system was made available during the e-AGM for members who had not cast votes earlier
  • The e-voting process was scrutinized by a appointed Scrutiniser
  • Two-way video conferencing of proceedings was available through KFin Technologies Limited's website

Key Meeting Proceedings

  • Shekhar Bajaj, Chairman of the Company, chaired the meeting
  • Quorum was present and meeting was called to order
  • Directors, Key Managerial Personnel, Joint Statutory Auditors, Secretarial Auditor, and Scrutiniser were present through VC/OAVM
  • Necessary documents and registers were available for electronic inspection
  • Statutory Auditors' Report and Secretarial Auditor's Report for FY2026 contained no adverse remarks, qualifications, or disclaimers
  • Chairman delivered address covering Company performance during FY2026 and Q1 FY2027, and key Group developments
  • For Resolution No. 3, Chairman being interested, proceedings were entrusted to Pradip Shah
  • Members registered as speakers posed queries, sought clarifications, and offered suggestions
  • Anant Marathe, Chief Financial Officer, provided clarifications to member queries

Compliance and Reporting

  • Meeting conducted in compliance with relevant circulars issued by MCA and SEBI
  • E-voting results along with consolidated Scrutiniser's Report to be declared and filed with exchanges within two working days
  • Results to be placed on Company website and KFin website
  • Recorded transcript to be made available on Company's website
  • All necessary documents and registers were maintained as per Companies Act, 2013 and Secretarial Standard on General Meetings