Meeting Details
The 43rd Annual General Meeting was held on Friday, August 7, 2026, at 11:00 AM IST through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting concluded at 12:08 PM IST. The record date for determining shareholders entitled to vote was July 31, 2026.
Shareholder Participation
Total number of shareholders on record date: 6,164
Shareholders attended through video conferencing:
- Promoters and Promoter Group: 5
- Public: 64
Total shares outstanding: 9,005,985
Scrutinizer Details
Name: Mrs. Swati Bajaj
Firm: M/s Bajaj Todi & Associates
Qualification: CS
Membership Number: CP-3502, ACS 13216
Date of Board Meeting Appointment: May 28, 2026
Date of Report Issuance: August 7, 2026
Voting Process
The e-voting period remained open from Tuesday, August 4, 2026 (9:00 AM) to Thursday, August 6, 2026 (5:00 PM). Members present at the AGM who had not cast votes through remote e-voting were able to vote using e-voting facility during the meeting.
Total valid folios that cast votes: 65
Breakup:
- Through e-voting: 57 folios
- E-voting at AGM: 8 folios
Total shares represented by voting: 7,430,929
Breakup:
- Through e-voting: 7,160,864 shares
- E-voting at AGM: 270,065 shares
No invalid folios were reported.
Resolution Results
Four ordinary resolutions were passed with the following results:
Resolution 1: Adoption of Audited Financial Statements
Description: Adoption of Audited Financial Statements, Reports of the Board of Directors and Auditors for the year ended March 31, 2026
Total Votes Polled: 7,430,929 shares (82.511% of outstanding shares)
Votes in Favor: 7,430,820 shares (99.999%)
Votes Against: 109 shares (0.001%)
Abstained: 0 shares
Result: Approved by requisite majority
Resolution 2: Declaration of Dividend
Description: Declaration of Dividend of ₹1.50 per equity share (15% on face value of ₹10 per share) for financial year ended March 31, 2026
Total Votes Polled: 7,430,929 shares (82.511% of outstanding shares)
Votes in Favor: 7,430,820 shares (99.999%)
Votes Against: 109 shares (0.001%)
Abstained: 0 shares
Result: Approved by requisite majority
Resolution 3: Re-appointment of Director
Description: Re-appointment of Mrs. Shubha Kanoria (DIN: 00036489), Director retiring by rotation
Total Votes Polled: 7,430,929 shares (82.511% of outstanding shares)
Votes in Favor: 7,430,820 shares (99.999%)
Votes Against: 109 shares (0.001%)
Abstained: 0 shares
Result: Approved by requisite majority
Resolution 4: Re-appointment of Whole-Time Director
Description: Re-appointment of Mr. Kushagra Kanoria (DIN: 09467947) as Whole-Time Director
Total Votes Polled: 7,430,929 shares (82.511% of outstanding shares)
Votes in Favor: 7,430,820 shares (99.999%)
Votes Against: 109 shares (0.001%)
Abstained: 0 shares
Result: Approved by requisite majority
Category-wise Voting Breakdown
All resolutions showed identical voting patterns across shareholder categories:
Promoter and Promoter Group:
- Shares Held: 6,744,712
- Votes Polled: 6,744,712 (100% of shares held)
- Votes in Favor: 100%
- Votes Against: 0%
Public Institutions:
- Shares Held: 190,883
- Votes Polled: 0 (0% of shares held)
Public Non-Institutions:
- Shares Held: 2,070,390
- Votes Polled: 686,217 (33.1443% of shares held)
- Votes in Favor: 686,108 (99.9841%)
- Votes Against: 109 (0.0159%)