Meeting Details

The 78th Annual General Meeting was held on Thursday, August 6, 2026. The total number of shareholders on the record date (Friday, July 17, 2026) was 121,503. Attendance through video conferencing/audio visual means included 19 shareholders from Promoter and Promoter Group and 60 public shareholders.

Voting Results Summary

All five ordinary resolutions were approved with requisite majority:

Resolution 1: Adoption of Audited Standalone Financial Statements

  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Total Votes Polled: 157,356,728 (76.53% of outstanding shares)
  • Votes in Favor: 157,356,583 (99.9999%)
  • Votes Against: 145 (0.0001%)
  • Result: Passed

Resolution 2: Adoption of Audited Consolidated Financial Statements

  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Total Votes Polled: 157,356,520 (76.5298% of outstanding shares)
  • Votes in Favor: 157,356,369 (99.9999%)
  • Votes Against: 151 (0.0001%)
  • Result: Passed

Resolution 3: Declaration of Final Dividend

  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Dividend: ₹8.5 per equity share of face value ₹2 each for FY ended March 31, 2026
  • Total Votes Polled: 157,357,988 (76.5305% of outstanding shares)
  • Votes in Favor: 157,357,853 (99.9999%)
  • Votes Against: 135 (0.0001%)
  • Result: Passed

Resolution 4: Reappointment of Director

  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Director: Rajiv R Lulla (DIN: 06384402) retiring by rotation
  • Total Votes Polled: 157,357,788 (76.5304% of outstanding shares)
  • Votes in Favor: 149,111,724 (94.7597%)
  • Votes Against: 8,246,064 (5.2403%)
  • Result: Passed

Resolution 5: Approval of Cost Auditors' Remuneration

  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Period: Financial Year 2027
  • Total Votes Polled: 157,357,788 (76.5304% of outstanding shares)
  • Votes in Favor: 157,357,521 (99.9998%)
  • Votes Against: 267 (0.0002%)
  • Result: Passed

Scrutiniser Details

  • Name: Deepti Kulkarni (Membership No. A34733)
  • Firm: MMJB & Associates LLP, Practicing Company Secretaries
  • Appointment Date: May 6, 2026 by Board of Directors
  • Report Date: August 7, 2026

Voting Process Details

  • Remote e-Voting Period: August 1, 2026 (9:00 AM IST) to August 5, 2026 (5:00 PM IST)
  • Service Provider: National Securities Depository Limited (NSDL)
  • Notice Dispatch Date: Monday, July 13, 2026 to shareholders as on Friday, July 3, 2026
  • Newspaper Advertisements: Financial Express (English) and Navshakti (Marathi) on Tuesday, July 14, 2026

Share Capital Exclusions

The voting results exclude:

  • 21,063 shares (0.01%) held by Blue Star ESOP Trust (voting rights restricted under SEBI Regulations)
  • 981,929 shares (0.47%) transferred to Investor Education and Protection Fund Authority (voting rights frozen)
  • 849,217 shares (0.41%) transferred to Unclaimed Securities Suspense Account (voting rights frozen)

Additional Information

  • No shares with differential voting rights in the company
  • No invalid votes or abstained votes cast on any resolution
  • Voting rights of Foreign Portfolio Investors were restricted if they hadn't submitted additional disclosures as per SEBI Master Circular dated May 30, 2024
  • The information has been placed on the company website at www.bluestarindia.com