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

Meeting Details

  • Date: September 25, 2026
  • Time: 11:00 A.M. (IST)
  • Location: Conducted through Video Conference (VC)/Other Audio-Visual Means (OAVM)
  • Type: 35th Annual General Meeting
  • Cut-off Date: September 18, 2026 (for determining voting eligibility)

Proposed Resolutions and Implications

The AGM considered nine resolutions:

Ordinary Business:

1. Adoption of audited standalone financial statements for FY ended March 31, 2026, reports of Board of Directors and Statutory Auditor; and audited consolidated financial statements for FY ended March 31, 2026 and report of Statutory Auditor.

2. Re-appointment of Mr. Pradeep Kumar Kheruka (DIN: 00016909) as director who retires by rotation.

Special Business:

3. Approval of material related party transactions between the Company and Borosil Limited.

4. Re-appointment of Mr. Vinayak Madhukar Patankar (DIN: 07534225) as Whole-time Director & CEO and Key Managerial Personnel.

5. Payment of remuneration to Mr. Vinayak Madhukar Patankar as Whole-time Director & CEO and Key Managerial Personnel.

6. Raising of funds by way of issuance of Equity Shares/Securities.

7. Amendments to the Employee Stock Option Schemes of the Company.

8. Secondary acquisition of shares through Trust route for implementation of Employee Stock Option Schemes.

9. Provision of money by the Company for purchase of its own shares by the Trust under Employee Stock Option Schemes.

Voting Process and Methods

  • Remote e-voting period: September 22, 2026 (9:00 a.m. IST) to September 24, 2026 (5:00 p.m. IST)
  • E-voting at AGM: Conducted on September 25, 2026
  • Service provider: National Securities Depository Limited (NSDL)
  • Voting rights: Proportional to paid-up equity share capital as on cut-off date (September 18, 2026)

Key Voting Outcomes

Total Shareholder Participation:

  • Total number of shareholders on record date: 61,677
  • Shareholders present at meeting: 90
  • Promoter & Promoter Group: Not applicable
  • Public: 90
  • Shareholders who voted through remote e-voting: 80

Resolution-wise Results:

Item 1 - Ordinary Resolution (Adoption of Financial Statements)

  • Total votes cast: 6,23,77,608 (99.9988% in favor)
  • Votes against: 745 (0.0012%)

Item 2 - Ordinary Resolution (Re-appointment of Pradeep Kheruka)

  • Total votes cast: 6,23,77,940
  • Votes in favor: 6,23,14,035 (99.8976%)
  • Votes against: 63,905 (0.1024%)

Item 3 - Ordinary Resolution (Related Party Transactions with Borosil Limited)

  • Total votes cast: 15,82,222
  • Votes in favor: 15,33,656 (96.9305%)
  • Votes against: 48,566 (3.0695%)
  • Only votes cast by shareholders eligible under Regulation 23(4) of SEBI LODR considered

Item 4 - Ordinary Resolution (Re-appointment of Vinayak Patankar)

  • Total votes cast: 6,23,78,353
  • Votes in favor: 6,23,61,615 (99.9732%)
  • Votes against: 16,738 (0.0268%)

Item 5 - Special Resolution (Remuneration to Vinayak Patankar)

  • Total votes cast: 6,23,78,353
  • Votes in favor: 6,23,76,954 (99.9978%)
  • Votes against: 1,399 (0.0022%)

Item 6 - Special Resolution (Fundraising)

  • Total votes cast: 6,21,80,353
  • Votes in favor: 6,21,63,935 (99.9736%)
  • Votes against: 16,418 (0.0264%)

Item 7 - Special Resolution (ESOP Amendments)

  • Total votes cast: 6,23,78,353
  • Votes in favor: 6,23,61,517 (99.9730%)
  • Votes against: 16,836 (0.0270%)

Item 8 - Special Resolution (Secondary Share Acquisition for ESOP)

  • Total votes cast: 6,23,78,353
  • Votes in favor: 6,23,61,835 (99.9735%)
  • Votes against: 16,518 (0.0265%)

Item 9 - Special Resolution (Provision of Money for Share Purchase)

  • Total votes cast: 6,23,78,353
  • Votes in favor: 6,23,62,314 (99.9743%)
  • Votes against: 16,039 (0.0257%)

Scrutinizer's Role and Findings

  • Scrutinizer: Dhrumil M. Shah, partner of Dhrumil M. Shah & Co. LLP, Practicing Company Secretary
  • Appointment: By Board of Directors pursuant to Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
  • Responsibilities: Scrutinize votes cast through remote e-voting and e-voting during AGM in fair and transparent manner
  • Process: Votes cast during AGM were unblocked on September 25, 2026 after conclusion of AGM in presence of two witnesses
  • Findings: All resolutions passed with requisite majority as detailed in the voting results
  • Data custody: Electronic data and records remain with scrutinizer until Chairman approves and signs minutes, then handed to Company Secretary

Compliance Confirmation

The voting process complied with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Company's articles of association

Additional Information

  • Voting results and scrutinizer's report available on company website (www.borosilscientific.com) and NSDL website (https://www.evoting.nsdl.com/)
  • Shares held under "Public - Non-Institutions" category include shares held in Unclaimed Suspense Account and by Investor Education and Protection Fund Authority with frozen voting rights
  • Reference number: 1162/2026-27