Meeting Details

The 36th Annual General Meeting was held on Wednesday, 9th September 2026 through Video Conference mode. The record date for determining shareholders eligible to vote was 2nd September 2026.

Shareholder Participation

  • Total number of shareholders on record date: 50,500
  • Shareholders attending through video conferencing: 50 (3 from Promoter and Promoter group, 47 Public)
  • Total shares outstanding: 51,000,000

Resolution Outcomes

All four resolutions set out in the notice of the AGM were passed with requisite majority:

Resolution 1: Adoption of Financial Statements

  • Ordinary resolution to receive, consider and adopt:

a) Audited Financial Statements for FY ended 31st March 2026 with Board of Directors and Auditors reports

b) Audited Consolidated Financial Statements for FY ended 31st March 2026 with Auditors report

  • Total votes polled: 39,777,360 shares (77.9948% of outstanding shares)
  • Votes in favor: 39,777,360 shares (100% of votes polled)
  • Votes against: 0 shares (0% of votes polled)

Resolution 2: Declaration of Final Dividend

  • Ordinary resolution to declare final dividend of ₹1.25 per equity share for financial year 2025-26
  • Total votes polled: 39,777,360 shares (77.9948% of outstanding shares)
  • Votes in favor: 39,777,360 shares (100% of votes polled)
  • Votes against: 0 shares (0% of votes polled)

Resolution 3: Reappointment of Director

  • Ordinary resolution to appoint Mr. Anup Jatia (DIN: 00351425), Non-Executive Director, who retires by rotation
  • Total votes polled: 39,777,360 shares (77.9948% of outstanding shares)
  • Votes in favor: 39,776,960 shares (99.9990% of votes polled)
  • Votes against: 400 shares (0.0010% of votes polled)
  • Public Non-Institutions category showed 400 votes against (0.0262% of their votes polled)

Resolution 4: Ratification of Cost Auditor Remuneration

  • Ordinary resolution to ratify remuneration payable to Cost Auditors for financial year ending 31st March 2027
  • Total votes polled: 39,777,360 shares (77.9948% of outstanding shares)
  • Votes in favor: 39,777,260 shares (99.9997% of votes polled)
  • Votes against: 100 shares (0.0003% of votes polled)
  • Public Non-Institutions category showed 100 votes against (0.0065% of their votes polled)

Voting Pattern Analysis

Promoter and Promoter Group:

  • Shares held: 38,249,850 (75.00% of total shares)
  • 100% participation in all resolutions with 100% votes in favor

Public Institutions:

  • Shares held: 90,071 (0.18% of total shares)
  • No participation in voting for any resolution

Public Non-Institutions:

  • Shares held: 12,660,079 (24.82% of total shares)
  • Votes polled: 1,527,510 shares (12.0656% of their holding)
  • Near-unanimous support for all resolutions with minimal opposition on resolutions 3 and 4

Scrutinizer Report Details

The scrutinizer report was issued by M/s. Shiv Hari Jalan & Co., Practicing Company Secretaries. Key details:

  • E-voting facility provided by National Securities Depository Limited (NSDL)
  • Remote e-voting period: 6th September 2026 (9:00 AM IST) to 8th September 2026 (5:00 PM IST)
  • Notice sent to shareholders on 31st July 2026, published on 18th August 2026
  • 69 members voted across all resolutions with 39,777,360 valid votes cast
  • No invalid votes were recorded in any resolution

Financial Impact

The declaration of final dividend of ₹1.25 per equity share represents a cash outflow to shareholders. The exact total dividend amount is not quantified in the disclosure.