Meeting Details

  • Type of Meeting: 13th Annual General Meeting (AGM)
  • Date: September 30, 2026
  • Time: 10:30 AM to 10:55 AM
  • Record Date: September 23, 2026
  • Total Shareholders on Record Date: 21,510
  • Attendance: 2 Promoters/Promoter Group members and 38 Public shareholders attended via video conferencing. No physical attendance.

Proposed Resolutions and Implications

1. Ordinary Resolution: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, together with Reports of Board of Directors and Auditors.

2. Ordinary Resolution: To appoint Mr. Sukesh Devdas Motwani (DIN: 06586400) who retires by rotation and offers himself for re-appointment as Director.

3. Special Resolution: To consider and approve enhancement in overall borrowing limits of the Company.

4. Ordinary Resolution: To approve Material Related Party Transaction(s) with Related Parties.

Voting Process and Methods

  • Voting Method: Remote e-voting exclusively (no physical polling or postal ballot)
  • E-voting Period: September 26, 2026 (9:00 AM IST) to September 29, 2026 (5:00 PM IST)
  • Scrutinizer: Jaymin Modi of M/s Jaymin Modi & Co. (Membership No. 44248), appointed on September 5, 2026
  • Vote Unblocking: Conducted on September 30, 2026 after AGM conclusion in presence of two witnesses

Key Voting Outcomes

Overall Participation

  • Total Shares Outstanding: 181,697,777
  • Total Votes Cast: 44,342,216 (24.4044% of outstanding shares)
  • Total Valid Votes: 44,342,216
  • Invalid Votes: None across all categories

Resolution-wise Results

Resolution 1 (Ordinary - Financial Statements)

  • Total Votes: 44,342,216
  • Votes In Favor: 44,339,124 (99.9930%)
  • Votes Against: 3,092 (0.0070%)
  • Result: Passed

Resolution 2 (Ordinary - Director Re-appointment)

  • Total Votes: 44,342,216
  • Votes In Favor: 44,339,124 (99.9930%)
  • Votes Against: 3,092 (0.0070%)
  • Result: Passed

Resolution 3 (Special - Borrowing Limits)

  • Total Votes: 44,342,216
  • Votes In Favor: 44,339,124 (99.9930%)
  • Votes Against: 3,092 (0.0070%)
  • Result: Passed

Resolution 4 (Ordinary - Related Party Transactions)

  • Total Votes: 44,342,216
  • Votes In Favor: 44,339,124 (99.9930%)
  • Votes Against: 3,092 (0.0070%)
  • Result: Passed

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares Held: 44,096,739
  • Votes Cast: 43,996,228 (99.7721% of shares held)
  • Unanimous Approval: 100% in favor across all resolutions

Public Institutions

  • Shares Held: 17,293,149
  • Votes Cast: 0 (0.0000% participation)

Public Non-Institutions

  • Shares Held: 120,307,889
  • Votes Cast: 345,988 (0.2876% of shares held)
  • Votes In Favor: 342,896 (99.1063% of votes cast)
  • Votes Against: 3,092 (0.8937% of votes cast)

Scrutinizer's Role and Findings

  • Jaymin Modi was appointed scrutinizer pursuant to Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014.
  • Electronic copies of Annual Report 2025-2026 and AGM notice were sent to all members with registered email addresses.
  • Voting rights were reckoned as of the record date (September 23, 2026).
  • The scrutinizer confirmed 57 members voted via e-voting (44,342,216 votes), with 2 members voting against (3,092 votes).
  • No invalid votes were recorded across all resolutions.
  • All electronic data and voting records will remain in scrutinizer's custody until minutes are approved and signed by the Chairman.

Compliance Confirmation

The disclosure confirms compliance with:

  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014