Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

The 40th Annual General Meeting was held on Friday, 25th September 2026 through Video Conferencing / Other Audio Visual Means.

Summary of Proposed Resolutions and Implications

Resolution 1: To receive, consider and adopt the Audited Standalone Financial Statement of the company for the financial year ended 31st March 2026 and the reports of the Board of Directors and Auditors.

Resolution 2: To appoint a director in place of Mr. Ankit S. Patel (DIN: 02173231), who retires by rotation and being eligible offers himself for reappointment as a Director (Executive) of the company.

Voting Process and Methods

Voting was conducted exclusively through e-voting methods. No physical polling (Poll) or postal ballots were used for any shareholder category.

Key Voting Outcomes

Resolution 1 - Adoption of Financial Statements:

  • Total votes cast: 60,857,043 votes (48.3207% of outstanding shares)
  • Overall result: 99.9976% in favor (60,855,557 votes), 0.0024% against (1,486 votes)
  • Promoter and Promoter Group: 60,143,673 votes cast (83.7819% of shares) - 100% in favor
  • Public Institutions: 22,003 votes cast (0.8542% of shares) - 100% in favor
  • Public Non-Institutions: 691,367 votes cast (1.3403% of shares) - 99.7851% in favor (689,881 votes), 0.2149% against (1,486 votes)

Resolution 2 - Reappointment of Director:

  • Total votes cast: 60,857,043 votes (48.3207% of outstanding shares)
  • Overall result: 99.9975% in favor (60,855,497 votes), 0.0025% against (1,546 votes)
  • Promoter and Promoter Group: 60,143,673 votes cast (83.7819% of shares) - 100% in favor
  • Public Institutions: 22,003 votes cast (0.8542% of shares) - 100% in favor
  • Public Non-Institutions: 691,367 votes cast (1.3403% of shares) - 99.7764% in favor (689,821 votes), 0.2236% against (1,546 votes)

Both resolutions were passed with overwhelming majority support.

Scrutinizer's Role and Findings

The document does not specify the scrutinizer's details or findings beyond the reported voting results.

Compliance Confirmation

The disclosure confirms compliance with SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, specifically Regulation 44.

Additional Information

  • Company CIN: U24100GJ1986PLC009003
  • The document includes optional fields for details of invalid votes, but these were not populated
  • Promoter/promoter group were not interested in either resolution agenda
  • All resolutions were ordinary resolutions
  • The total outstanding shares of the company are 125,944,065 shares