Proceedings of 42nd Annual General Meeting

Meeting Details

  • Date: Wednesday, September 23, 2026
  • Time: Commenced at 3:00 PM IST, concluded at 3:47 PM IST (including e-voting time)
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Type: Annual General Meeting

Resolutions and Implications

Ordinary Resolutions:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026, with reports of Board of Directors and Auditors

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026, with report of Auditors

3. Declaration of final dividend of ₹0.50 (50%) per equity share for FY ended March 31, 2026

4. Re-appointment of Mr. Shikhar Aggarwal (DIN: 06975729) who retired by rotation

Special Resolutions:

5. Appointment of Mr. Manoj Joshi (DIN: 00036546) as Independent Director for five years from August 07, 2026 to August 06, 2031

6. Re-appointment of Mr. Shikhar Aggarwal (DIN: 06975729) as Joint Managing Director (KMP) effective June 17, 2027

Voting Process and Methods

  • Remote e-voting facility provided by Kfin Technologies Limited (KFintech)
  • E-voting period: September 19, 2026 (9:00 AM IST) to September 22, 2026 (5:00 PM IST)
  • Shareholders had voting rights proportional to their shareholding
  • Members who voted remotely could participate in meeting but not vote again
  • E-voting at AGM remained open for 15 minutes during meeting

Key Attendees and Roles

  • Chairman: Mr. Nikhil Gupta (DIN: 00195694), Managing Director (chaired meeting as Mr. Diwakar Aggarwal was absent)
  • Company Secretary: Mr. Dharak Mehta, Company Secretary & Compliance Officer
  • Statutory Auditors: Mr. Abhishek Verma, representative of S. S. Kothari Mehta & Co. LLP
  • Secretarial Auditors: Mr. Pawan Kumar Mishra, proprietor of P. K. Mishra & Associates
  • Scrutinizer: Mr. Vijay Yadav, partner of AVS and Associates

Compliance and Regulatory Aspects

  • Conducted in compliance with MCA and SEBI circulars
  • Statutory Auditors' Report contained no qualifications or adverse remarks
  • Secretarial Audit Report contained no qualifications, observations were self-explanatory
  • Memorandum and Articles of Association and Statutory Registers were available for electronic inspection
  • Compliance with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
  • Compliance with Regulation 44 of SEBI (LODR) Regulations, 2015

Additional Proceedings

  • Mr. Shikhar Aggarwal addressed shareholders on business overview, financial performance for FY 2025-26, future outlook and business landmark mandates (due to technical issue preventing chairman's speech)
  • Shareholder questions were addressed by Mr. Shikhar Aggarwal (Joint MD) and Mr. Amit Sudhakar (CFO)
  • Meeting concluded with thanks to participants