Meeting Details
- Meeting Type: 20th Annual General Meeting (AGM)
- Date: Friday, 25th September, 2026
- Time: 04:00 PM
- Location: Conducted through Video Conferencing or Other Audio Visual Means
Proposed Resolutions and Implications
The AGM considered six resolutions:
1. Ordinary Resolution: Adoption of Audited Standalone Financial Statements for year ended March 31, 2026
2. Ordinary Resolution: Adoption of Audited Consolidated Financial Statements for year ended March 31, 2026
3. Ordinary Resolution: Appointment of Mr. Om Prakash Maheshwari (DIN: 00185677) as Director retiring by rotation
4. Special Resolution: Approval of Loans, Guarantees, Securities and Investments under Section 186 of Companies Act, 2013
5. Special Resolution: Approval of Loans, Investments, Guarantee or Security under Section 185 of Companies Act, 2013
6. Ordinary Resolution: Approval of material Related Party Transactions under Section 188 of Companies Act, 2013 and SEBI (LODR) Regulation, 2015
Voting Process and Methods
The company provided two voting methods:
- E-voting: Conducted through National Securities Depository Limited (NSDL) from September 21, 2026 (09:00 AM) to September 24, 2026 (05:00 PM)
- Venue Voting: Conducted at the AGM through video conference on September 25, 2026
Key Voting Outcomes
Overall Participation
- Total outstanding shares: 18,192,939
- Total votes polled: 12,509,057 (68.7577% of outstanding shares)
Resolution-wise Results
Resolution 1: Adoption of Standalone Financial Statements (Ordinary)
- Total votes: 12,509,057 (68.7577% participation)
- Votes in favor: 12,508,807 (99.9980%)
- Votes against: 250 (0.0019%)
- Result: PASSED
Resolution 2: Adoption of Consolidated Financial Statements (Ordinary)
- Total votes: 12,509,057 (68.7577% participation)
- Votes in favor: 12,508,807 (99.9980%)
- Votes against: 250 (0.0019%)
- Result: PASSED
Resolution 3: Director Appointment (Ordinary)
- Total votes: 12,509,057 (68.7577% participation)
- Votes in favor: 12,506,427 (99.9789%)
- Votes against: 2,630 (0.0210%)
- Result: PASSED
Resolution 4: Section 186 Approvals (Special)
- Total votes: 12,509,057 (68.7577% participation)
- Votes in favor: 12,499,816 (99.9261%)
- Votes against: 9,241 (0.0738%)
- Result: PASSED
Resolution 5: Section 185 Approvals (Special)
- Total votes: 12,509,057 (68.7577% participation)
- Votes in favor: 12,499,816 (99.9261%)
- Votes against: 9,241 (0.0738%)
- Result: PASSED
Resolution 6: Related Party Transactions (Ordinary)
- Total votes: 949,670 (5.2199% participation)
- Votes in favor: 940,454 (99.0295%)
- Votes against: 9,216 (0.9704%)
- Result: PASSED
Participation Breakdown by Shareholder Category
Promoter and Promoter Group
- Shares held: 11,589,129
- Votes polled: 11,559,187 (99.7416% participation)
- Voted 100% in favor on all resolutions except Resolution 6 where they did not vote due to interest
Public Institutions
- Shares held: 420,274
- Votes polled: 413,421 (98.3693% participation)
- Voted 100% in favor on Resolutions 1-3
- Voted 97.8312% in favor on Resolutions 4-6 with 2.1687% against
Public Non-Institutions
- Shares held: 6,183,536
- Votes polled: 536,449 (8.6754% participation)
- Voted 99.9533% in favor on Resolutions 1-2 with minimal opposition
- Voted 99.5097% in favor on Resolution 3 with 0.4902% against
- Voted 99.9487% in favor on Resolutions 4-5 with minimal opposition
- Voted 99.9533% in favor on Resolution 6 with 0.0466% against
Scrutinizer's Role and Findings
- Mr. Amit Gupta, Advocate (Bar Council Registration: R/2005/1550), was appointed as Scrutinizer
- Remote e-voting results were unblocked and downloaded on September 25, 2026 at 6:00 PM in presence of witnesses Mr. Kamal Gupta and Mr. Manish Binju
- The scrutinizer confirmed maintenance of registers for votes cast through e-voting and poll
- All resolutions were declared passed with requisite majority
Compliance Statements
The disclosure confirms compliance with:
- Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Section 108 of the Companies Act, 2013
- Companies (Management and Administration) Rules, 2014
Additional Information
- Registrar and Share Transfer Agent: Ankit Consultancy Pvt. Ltd.
- Service Provider for e-voting: National Securities Depository Limited (NSDL)
- The company's corporate office is located at CP Tower 1, IPIA, Kota-324005, Rajasthan