Key Quantitative Figures

  • Total number of shareholders as on cut-off date (July 29, 2026): 39,362
  • Total shares outstanding: 379,842,565
  • Total votes polled: 356,520,525 (93.8601% of outstanding shares)
  • Resolution 1: 356,516,829 votes in favor (100% of votes polled), 3,696 votes against
  • Resolution 2: 345,710,832 votes in favor (96.968% of votes polled), 10,809,693 votes against (3.032%)
  • Resolution 3: 356,516,829 votes in favor (99.999% of votes polled), 3,696 votes against (0.001%)

Dates of Action

  • AGM Date: August 5, 2026 at 11:00 AM IST
  • Cut-off date for shareholder eligibility: July 29, 2026
  • Remote e-voting period: August 1, 2026 (9:00 AM) to August 4, 2026 (5:00 PM)
  • Scrutinizer report date: August 5, 2026

Parties Involved

  • Scrutinizer: Mr. Ravishankar S (Membership No. FCS 6888), Partner of M/s. ASR & Co LLP
  • E-voting service provider: KFin Technologies Limited
  • Company Secretary & Compliance Officer: Ms. Akanksha Bijawat
  • Managing Director: Ms. Nirupa Shankar
  • Director: Mr. Amar Shivram Mysore (DIN: 03218587)

Resolutions Passed

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary Resolution
  • Purpose: To receive, consider and adopt the audited standalone and consolidated financial statements for FY ended March 31, 2026
  • Voting Results: 100% in favor from all shareholder categories
  • Promoter holding: 281,430,000 shares (100% voted in favor)

Resolution 2: Re-appointment of Director

  • Type: Ordinary Resolution
  • Purpose: Re-appointment of Mr. Amar Shivram Mysore as Director liable to retire by rotation
  • Voting Results: 96.968% in favor, 3.032% against
  • Significant opposition from Public Institutions: 14.4477% votes against (10,805,817 votes)
  • Public Non-Institutions: 1.3006% votes against (3,876 votes)

Resolution 3: Appointment of Secretarial Auditors

  • Type: Ordinary Resolution
  • Purpose: Appointment of M/s. ASR & Co as Secretarial Auditors for 5 years (FY2026-27 to FY2030-31)
  • Voting Results: 99.999% in favor, 0.001% against
  • Remuneration to be fixed by Managing Director Ms. Nirupa Shankar in consultation with Board/Committee

Voting Participation

  • 81 shareholders attended meeting via VC/OAVM (3 Promoters, 78 Public)
  • No shareholders attended in person or through proxy
  • E-voting was conducted through KFin Technologies Limited platform

Scrutinizer Process

  • Mr. Ravishankar Srinivasan of ASR & Co was appointed scrutinizer
  • Voting portal blocked after remote e-voting period ended on August 4, 2026
  • Votes unblocked in presence of two witnesses (Jigar Godhania and Divya P.)
  • All records handed over to Company Secretary for safe keeping

Financial Impact

Financial impact not quantified in the disclosure. The resolutions relate to corporate governance matters rather than direct financial transactions.