Location: Conducted through Video Conferencing (VC) Or Other Audio-Visual Means (OAVM)
Record Date: 23rd September, 2026
Total Shareholders on Record Date: 82,598
Attendance Details
Shareholders Present via Video Conferencing: 82 total (3 Promoter/Promoter Group, 79 Public)
Physical Attendance: Not Applicable
Number of Resolutions Passed: 4
Summary of Resolutions and Voting Outcomes
Resolution 1: Adoption of Financial Statements
Description: Ordinary resolution to receive, consider and adopt: (a) the Audited Standalone Financial Statements for FY ended 31st March, 2026 together with Reports of Directors and Auditors; (b) the Audited Consolidated Financial Statements for FY ended 31st March, 2026 together with Reports of Auditors
Promoter Interest: No
Voting Result: Passed
Total Votes Cast: 68,088,633 shares (56.0899% of outstanding shares)
In Favor: 68,088,633 votes (100.0000% of votes polled)
Against: 13 votes (0.0000% of votes polled)
Category Breakdown:
Promoter & Promoter Group: 65,545,074 votes (100% in favor)
Public Institutions: 378,002 votes (100% in favor, 3.1519% participation)
Public Non-Institutions: 2,165,570 votes (99.9994% in favor, 4.9381% participation)
Resolution 2: Declaration of Final Dividend
Description: Ordinary resolution to declare Final Dividend at the rate of 1.5% i.e. ₹0.15 per equity share of ₹10/- each fully paid-up for FY ended March 31, 2026
Promoter Interest: No
Voting Result: Passed
Total Votes Cast: 68,088,633 shares (56.0899% of outstanding shares)
In Favor: 68,088,633 votes (100.0000% of votes polled)
Against: 13 votes (0.0000% of votes polled)
Category Breakdown:
Promoter & Promoter Group: 65,545,074 votes (100% in favor)
Public Institutions: 378,002 votes (100% in favor, 3.1519% participation)
Public Non-Institutions: 2,165,570 votes (99.9994% in favor, 4.9381% participation)
Resolution 3: Re-appointment of Director
Description: Ordinary resolution to re-appoint Mr. Trimaan Jaspalsingh Chandock (DIN: 02853445) who retires by rotation
Promoter Interest: Yes
Voting Result: Passed
Total Votes Cast: 68,088,646 shares (56.0899% of outstanding shares)
In Favor: 68,046,638 votes (99.9383% of votes polled)
Against: 42,008 votes (0.0617% of votes polled)
Category Breakdown:
Promoter & Promoter Group: 65,545,074 votes (100% in favor)
Public Institutions: 256,680 votes (84.0506% in favor, 15.9494% against, 2.1403% participation)
Public Non-Institutions: 2,286,892 votes (99.9533% in favor, 0.0467% against, 5.2148% participation)
Resolution 4: Ratification of Cost Auditors' Remuneration
Description: Ordinary resolution for ratification of remuneration of cost auditors of the company
Promoter Interest: No
Voting Result: Passed
Total Votes Cast: 68,088,646 shares (56.0899% of outstanding shares)
In Favor: 68,088,624 votes (100.0000% of votes polled)
Against: 22 votes (0.0000% of votes polled)
Category Breakdown:
Promoter & Promoter Group: 65,545,074 votes (100% in favor)
Public Institutions: 378,002 votes (100% in favor, 3.1519% participation)
Public Non-Institutions: 2,165,570 votes (99.9990% in favor, 0.0010% against, 4.9381% participation)
Voting Process and Scrutinizer Report
Voting Methods: Remote e-voting exclusively (no poll or postal ballot conducted)
E-Voting Period: From 9:00 AM IST on Saturday, September 26, 2026 to 5:00 PM IST on Tuesday, September 29, 2026
Scrutinizer: Jaymin Modi, Proprietor of M/s. Jaymin Modi & Co, Company Secretaries, Mumbai
Scrutinizer Appointment: Made pursuant to Section 108 of Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014 and Regulation 44 of SEBI LODR
Vote Unblocking: Conducted on September 30, 2026 in presence of two witnesses after AGM conclusion
Document Distribution: Electronic copies of Annual Report 2025-26 and AGM notice sent to all members with registered email addresses
Scrutinizer's Findings
Resolution 1: 106 members voted in favor (68,088,633 votes, 99.99%), 3 members voted against (13 votes, 0.01%)
Resolution 2: 106 members voted in favor (68,088,633 votes, 99.99%), 3 members voted against (13 votes, 0.01%)
Resolution 3: 97 members voted in favor (68,046,638 votes, 99.94%), 12 members voted against (42,008 votes, 0.06%)
Resolution 4: 101 members voted in favor (68,088,624 votes, 99.99%), 8 members voted against (22 votes, 0.01%)
Invalid Votes: Nil across all resolutions
Compliance and Documentation
Regulatory Compliance: Conducted in accordance with Section 108 of Companies Act, 2013, Rule 20 of Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI LODR
Results Publication: Voting results and scrutinizer's report placed on company website at https://baluindustries.com/shareholder-information
