Date: August 14, 2026

Board Meeting Outcomes

  • The 54th Annual General Meeting was held on Thursday, August 13, 2026 at 4:00 PM through Video Conferencing/Other Audio Visual Means (OAVM)
  • Meeting start time: 4:00 PM
  • Meeting end time: 4:55 PM
  • Total number of resolutions passed: 4

Voting Results Details

Record Date: August 6, 2026

Total Number of Shareholders on Record Date: 24,791

Total Number of Shares Outstanding: 1,53,55,058

Total Votes Polled (Shares): 88,19,439

Voting Participation: 57.4367%

Resolution-1: To receive, consider and adopt the financial statements of the Company for the year ended 31 March, 2026 together with Reports of the Directors and Auditors thereon

  • Type: Ordinary Resolution
  • Result: Passed
  • Remote E-Voting: 779 members voted with 87,01,441 shares (99% in favor)
  • E-Voting at AGM: 24 members voted with 200 shares (100% in favor)
  • Total Votes in Favor: 803 members, 87,01,641 shares (99%)
  • Votes Against: 3 members, 1,17,798 shares (1%)
  • Invalid Votes: None

Resolution-2: To declare dividend of Rs. 1.00 per equity share of face value of Rs. 10 each for the financial year 2025-26

  • Type: Ordinary Resolution
  • Result: Passed
  • Remote E-Voting: 779 members voted with 87,01,441 shares (99% in favor)
  • E-Voting at AGM: 24 members voted with 200 shares (100% in favor)
  • Total Votes in Favor: 803 members, 87,01,641 shares (99%)
  • Votes Against: 3 members, 1,17,798 shares (1%)
  • Invalid Votes: None

Resolution-3: To consider the appointment of Mr. Naresh Kumar Verma as Executive Director-Operations of the Company

  • Type: Special Resolution
  • Result: Passed
  • Remote E-Voting: 778 members voted with 87,01,440 shares (99% in favor)
  • E-Voting at AGM: 24 members voted with 200 shares (100% in favor)
  • Total Votes in Favor: 802 members, 87,01,640 shares (99%)
  • Votes Against: 4 members, 1,17,799 shares (1%)
  • Invalid Votes: None

Resolution-4: To consider the ratification of the remuneration payable to M/s M.K. Kulshrestha & Associates, Cost Auditors of the Company for the Financial Year 2026-27

  • Type: Ordinary Resolution
  • Result: Passed
  • Remote E-Voting: 777 members voted with 87,01,439 shares (99% in favor)
  • E-Voting at AGM: 24 members voted with 200 shares (100% in favor)
  • Total Votes in Favor: 801 members, 87,01,639 shares (99%)
  • Votes Against: 4 members, 1,17,799 shares (1%)
  • Invalid Votes: None

Attendance Details

  • Promoters and Promoter group present through video conferencing: 6
  • Public shareholders present through video conferencing: 462
  • Total shareholders attended through video conferencing: 468

Scrutinizer Details

  • Name: Rashmi Aswal, ACS, LLB, M. Com
  • Firm: AGB & Associates Company Secretaries
  • CS Registration Number: 50322
  • Appointment Date: May 30, 2026
  • Report Date: August 14, 2026

Voting Process Details

  • Remote E-Voting Period: August 10, 2026 (9:00 AM) to August 12, 2026 (5:00 PM)
  • E-Voting Service Provider: MUFG Intime India Private Limited (Formerly Known as Link Intime India Private Limited)
  • Votes were unblocked on August 13, 2026 after the conclusion of the AGM
  • Witnesses to vote unblocking: Ms. Jyoti Pal and Mr. Nishant