Meeting Details
The 83rd AGM was held on Monday, 24th August 2026 through Video Conferencing/Other Audio Visual Means (OAVM). The meeting took place at 11:00 AM IST. The remote e-voting period commenced on Friday, 21st August 2026 at 09:00 AM IST and ended on Sunday, 23rd August 2026 at 05:00 PM IST. Facility for e-voting was also provided during the AGM itself.
Proposed Resolutions and Implications
The AGM considered four resolutions:
1. Ordinary Resolution: Adoption of Audited Standalone Financial Statements
2. Ordinary Resolution: Adoption of Audited Consolidated Financial Statements
3. Ordinary Resolution: Re-appointment of Mrs. Minoshi Maheshwari (DIN: 01575975) as a Director liable to retire by rotation (Promoters interested in this resolution)
4. Special Resolution: Re-appointment of Ms. Akshita Ostwal (DIN: 10026552) as an Independent Director of the Company
Voting Process and Methods
The voting process utilized multiple methods:
- Remote e-voting through NSDL platform from 21st to 23rd August 2026
- E-voting during the AGM on 24th August 2026
- The cut-off date for determining shareholder eligibility was Monday, 17th August 2026
- Total number of shareholders on cut-off date: 14,729
Key Voting Outcomes
Overall Participation
- Total outstanding shares: 55,207,500
- Total votes polled: 39,908,574 (72.29% participation)
- Number of shareholders attending meeting through video conferencing: 52 (3 Promoters, 49 Public)
Resolution-wise Results:
Resolution 1 - Adoption of Standalone Financial Statements
- Total votes in favor: 39,906,554 (100.00% of votes polled)
- Votes against: 2,020 (0.00% of votes polled)
- Promoter voting: 36,431,770 shares voted (100% of holdings), all in favor
- Public Institutions: 26 shares voted (0.00% of holdings), all in favor
- Public Non-Institutions: 3,476,778 shares voted (20.03% of holdings), 99.94% in favor
Resolution 2 - Adoption of Consolidated Financial Statements
- Total votes in favor: 39,906,554 (100.00% of votes polled)
- Votes against: 2,020 (0.00% of votes polled)
- Promoter voting: 36,431,770 shares voted (100% of holdings), all in favor
- Public Institutions: 26 shares voted (0.00% of holdings), all in favor
- Public Non-Institutions: 3,476,778 shares voted (20.03% of holdings), 99.94% in favor
Resolution 3 - Re-appointment of Mrs. Minoshi Maheshwari
- Total votes in favor: 39,906,135 (100.00% of votes polled)
- Votes against: 2,439 (0.00% of votes polled)
- Promoter voting: 36,431,770 shares voted (100% of holdings), all in favor
- Public Institutions: 26 shares voted (0.00% of holdings), all in favor
- Public Non-Institutions: 3,476,778 shares voted (20.03% of holdings), 99.93% in favor
Resolution 4 - Re-appointment of Ms. Akshita Ostwal
- Total votes in favor: 39,905,635 (100.00% of votes polled)
- Votes against: 2,939 (0.00% of votes polled)
- Promoter voting: 36,431,770 shares voted (100% of holdings), all in favor
- Public Institutions: 26 shares voted (0.00% of holdings), all in favor
- Public Non-Institutions: 3,476,778 shares voted (20.03% of holdings), 99.92% in favor
Scrutinizer's Role and Findings
Yogindunath S, Designated Partner of BVR and Associates Company Secretaries LLP, was appointed as Scrutinizer pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014. The scrutinizer verified that:
- All resolutions were passed with requisite majority
- No invalid votes were cast across any resolution
- Votes were unblocked in the presence of witnesses Abhinav Unnikrishnan P and Sneha Umes~.
Compliance Confirmation
The document confirms compliance with:
- Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014
- SEBI circular no. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 9, 2020
- Various MCA Circulars regarding electronic communication with members