Meeting Information

Type of Meeting: 83rd Annual General Meeting (AGM)

Meeting Date: 25/08/2026

Meeting Time: 3:00 PM to 3:23 PM

Record Date: 18/08/2026

Total Shareholders on Record Date: 3,545

Attendance: 2 promoters and 17 public shareholders attended via video conferencing

Voting Results Summary

Three ordinary resolutions were passed at the AGM:

Resolution 1: Adoption of Financial Statements

  • Description: "To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2026 and the Profit and Loss Account for the year ended on that date together with the Report of the Directors and Auditors thereon"
  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Total Votes Polled: 12,835,511 shares (100% of outstanding shares)
  • Votes in Favor: 12,835,504 shares (99.9999%)
  • Votes Against: 7 shares (0.0001%)
  • Result: Passed

Resolution 2: Dividend Declaration

  • Description: "To declare a dividend at the rate of 10% on 10% Cumulative Non-Convertible Redeemable Preference Shares for the financial year 2025-26"
  • Resolution Type: Ordinary
  • Promoter Interest: Yes
  • Total Votes Polled: 12,835,511 shares (100% of outstanding shares)
  • Votes in Favor: 12,835,504 shares (99.9999%)
  • Votes Against: 7 shares (0.0001%)
  • Result: Passed

Resolution 3: Director Re-appointment

  • Description: "To appoint a director in place of Mr. Vinaychand Yadavsingh Kothari (DIN: 00010974), who retires by rotation and being eligible, offers himself for re-appointment"
  • Resolution Type: Ordinary
  • Promoter Interest: Yes
  • Total Votes Polled: 12,835,511 shares (100% of outstanding shares)
  • Votes in Favor: 12,835,504 shares (99.9999%)
  • Votes Against: 7 shares (0.0001%)
  • Result: Passed

Shareholder Voting Breakdown

Promoter & Promoter Group:

  • Shares Held: 12,637,500
  • Votes Polled: 12,637,500 (100% voted)
  • All votes (100%) in favor of all resolutions

Public - Non-Institutions:

  • Shares Held: 198,011
  • Votes Polled: 198,011 (100% voted)
  • Votes in Favor: 198,004 shares (99.9965%)
  • Votes Against: 7 shares (0.0035%)

Public - Institutions:

  • No shares held or votes polled

Scrutinizer's Report Details

Scrutinizer: Martinho Ferrao, Company Secretary in Practice (FCS: 6221, C.P. No.: 5676)

Firm: Martinho Ferrao & Associates

Appointment Date: 27th July, 2026

E-voting Process:

  • E-voting Service Provider: Central Depository Services (India) Limited (CDSL)
  • Voting Period: 22nd August, 2026 (9:00 AM) to 24th August, 2026 (5:00 PM)
  • Cut-off Date: 18th August, 2026
  • Notice Dispatch: 27th July, 2026
  • Advertisement Published: 14th August, 2026 in Financial Express (English) and Mumbai Lakshadeep (Marathi)

Voting Participation:

  • 27 members participated in e-voting
  • 25 members voted in favor of all resolutions
  • 3 members voted against resolutions (7 shares total)