Meeting Details

  • Date: Friday, July 31, 2026
  • Time: Commenced at 11:30 AM, concluded at 12:23 PM
  • Location: Conducted through Audio/Video Conferencing (VC/OVAM)
  • Type: 3rd Annual General Meeting

Meeting Proceedings

Mr. Nirmal V. Shah, Chairman & Managing Director of the Company, occupied the chair. The required quorum was present. The meeting was conducted through VC in compliance with circulars issued by MCA and SEBI. The Company engaged MUFG Intime India Private Limited to enable members to attend through VC.

Attendees Present Through VC

  • Prof. Aniruddha Pandit, Independent Director
  • Mrs. Anuradha Paraskar, Chairman of Stakeholders Relationship Committee
  • Mr. Mahendra Ghelani, Chairman of Nomination & Remuneration Committee
  • Mr. Sameer Shah, Non-Executive Director
  • Mr. Sushil Lakhani, Chairman of the Audit Committee
  • Mrs. Prachi Mahadik, CFO
  • Statutory Auditor
  • Secretarial Auditor

Voting Process

Remote e-voting facility was provided to members from 9:00 AM on Tuesday, July 28, 2026, to 5:00 PM on Thursday, July 30, 2026. Mr. Virendra Bhatt, Practicing Company Secretary, was appointed as Scrutinizer for scrutinizing both remote e-voting and e-voting at the AGM. The results along with the scrutinizer report will be declared within two working days of the meeting and posted on the company website and MUFG Intime India Private Limited's website.

Resolutions Transacted

Ordinary Business

1. Adoption of standalone and consolidated audited financial statements for the financial year ended March 31, 2026, together with reports of Board of Directors and Auditors

2. Declaration of final dividend of ₹1.25 per share on equity shares for financial year ended March 31, 2026

3. Reappointment of Mr. Sameer V. Shah (DIN: 00105721) who retires by rotation

Special Business

4. Approval of material related party transactions of the Company and its subsidiaries, step subsidiaries, and group companies

Shareholder Participation

Eleven members had registered as speakers for the AGM, of which four speakers attended/raised queries. Queries raised by members at the meeting and those sent prior to the meeting were replied to by the Chairman & Managing Director.

Document Access

Register of Members, Register of Directors and Key Managerial Personnel and their shareholding, Register of Contracts, etc., were kept open for inspection by members and were accessible in electronic mode.

Compliance Confirmation

The meeting was conducted in compliance with the Companies Act, 2013, SEBI LODR Regulations, and relevant circulars from MCA and SEBI.