AGM Details

The 33rd Annual General Meeting was held on Saturday, September 19, 2026, from 11:00 a.m. to 11:30 a.m. through Video Conferencing (VC) / Other Audio Video Means (OAVM).

Shareholder Participation

  • Total number of shareholders on record date: 3,108
  • Number of shareholders present in the meeting: 0
  • Number of shareholders attended through video conferencing: 5 (all Public category)
  • Number of resolutions passed: 6

Voting Results Summary

All six ordinary resolutions were passed with requisite majority:

Resolution 1: Adoption of Financial Statements

  • To receive, consider, approve and adopt the Audited Financial Statements (including Consolidated Financial Statements) for FY ended March 31, 2026, with Reports of Directors and Independent Auditors
  • Total votes polled: 4,813,140 (69.8370% of outstanding shares)
  • Votes in favor: 4,813,138 (100.0000% of votes polled)
  • Votes against: 2 (0.0000% of votes polled)
  • Promoter voting: 4,627,870 votes (100% in favor)
  • Public non-institutions: 185,270 votes (99.9989% in favor, 0.0011% against)

Resolution 2: Final Dividend Declaration

  • To declare a Final Dividend for the Financial Year ended March 31, 2026
  • Passed with same voting pattern as Resolution 1

Resolution 3: Appointment of Director

  • To appoint Mr. Hemang J Shah (DIN: 03024324) who retires by rotation under Section 152(6) of Companies Act, 2013
  • Passed with same voting pattern as Resolution 1

Resolution 4: Re-appointment of Executive Director

  • To re-appoint Mr. Hemang Shah (DIN: 03024324) as an Executive Director of the Company
  • Passed with same voting pattern as Resolution 1

Resolution 5: Remuneration Approval

  • To approve and ratify remuneration payable to M/s. CMA Chetan Gandhi, Cost Accountants for FY ending March 31, 2027
  • Passed with same voting pattern as Resolution 1

Resolution 6: Related Party Transactions

  • To approve Related Party Transactions
  • Promoters were interested in this resolution
  • Total votes polled: 4,813,140 (69.8370% of outstanding shares)
  • Votes in favor: 4,813,138 (100.0000% of votes polled)
  • Votes against: 2 (0.0000% of votes polled)
  • Promoter votes (4,627,870) were considered invalid and not counted in valid votes calculation
  • Public non-institutions: 185,270 votes (99.9989% in favor, 0.0011% against)

Scrutinizer Report Details

Jigar Trivedi, Practicing Company Secretary (M. No: 46488, C.P. No. 18483), was appointed as Scrutinizer by Board resolution dated August 5, 2026.

Remote E-voting Period

Wednesday, September 16, 2026 at 9:00 A.M. to Friday, September 18, 2026 at 5:00 P.M.

Record Date

Saturday, September 12, 2026

Voting Breakdown by Resolution:

Resolution 1:

  • Remote e-voting: 62 members, 4,813,138 votes (100% of valid votes)
  • E-voting at AGM: 1 member, 7 votes (0.00% of valid votes)
  • Against: 1 member, 2 votes through remote e-voting

Resolution 2:

Same pattern as Resolution 1

Resolution 3:

Same pattern as Resolution 1

Resolution 4:

Same pattern as Resolution 1

Resolution 5:

Same pattern as Resolution 1

Resolution 6 (Related Party Transactions):

  • Remote e-voting: 55 members, 185,261 votes (100% of valid votes)
  • E-voting at AGM: 1 member, 7 votes (0.00% of valid votes)
  • Against: 1 member, 2 votes through remote e-voting
  • Invalid votes: 7 members, 4,627,870 votes (promoter votes considered invalid)

Company Address

Jarod Samlaya Road, Haripura, Savli, Vadodara, Gujarat, 391520