Meeting Details

  • Date: Thursday, September 17, 2026
  • Time: 11:30 am (IST)
  • Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • Type of Meeting: 37th Annual General Meeting
  • Record Date: Thursday, September 10, 2026
  • Total Shareholders on Record Date: 64,616

Proposed Resolutions and Implications

The AGM considered three resolutions:

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of Directors and the Auditors thereon.

2. To appoint a director in place of Mr. Rajesh Chimanlal Gandhi (DIN: 03296784), who retires by rotation and being eligible, offers himself for re-appointment.

Special Business:

3. Ratification of remuneration of the Cost Auditors for the financial year ending March 31, 2027.

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting: Commenced on Monday, September 14, 2026 at 09:00 am (IST) and ended on Wednesday, September 16, 2026 at 05:00 pm (IST)
  • E-voting during the AGM: Available for members participating in the meeting who did not cast their vote through remote e-voting
  • Voting facility provided by: National Securities Depository Limited (NSDL)
  • No physical polling or postal ballot was conducted

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 2,53,11,051 (69.0979% of outstanding shares)
  • Votes in favor: 2,53,10,996 (99.9998% of votes polled)
  • Votes against: 55 (0.0002% of votes polled)
  • Category-wise breakdown:
  • Promoter and Promoter Group: 2,52,93,872 votes (100% in favor)
  • Public Institutions: 1,035 votes (100% in favor)
  • Public Non-Institutions: 16,144 votes (99.6593% in favor, 0.3407% against)

Resolution 2: Re-appointment of Director (Mr. Rajesh Chimanlal Gandhi)

  • Total votes cast: 2,53,11,051 (69.0979% of outstanding shares)
  • Votes in favor: 2,53,10,229 (99.9968% of votes polled)
  • Votes against: 822 (0.0032% of votes polled)
  • Category-wise breakdown:
  • Promoter and Promoter Group: 2,52,93,872 votes (100% in favor)
  • Public Institutions: 1,035 votes (100% in favor)
  • Public Non-Institutions: 16,144 votes (94.9083% in favor, 5.0917% against)

Resolution 3: Ratification of Cost Auditor Remuneration

  • Total votes cast: 2,53,11,051 (69.0979% of outstanding shares)
  • Votes in favor: 2,53,10,481 (99.9977% of votes polled)
  • Votes against: 570 (0.0023% of votes polled)
  • Category-wise breakdown:
  • Promoter and Promoter Group: 2,52,93,872 votes (100% in favor)
  • Public Institutions: 1,035 votes (100% in favor)
  • Public Non-Institutions: 16,144 votes (96.4693% in favor, 3.5307% against)

Attendance and Participation

  • Total members attended through VC: 48
  • Promoters and Promoter Group: 6 members
  • Public: 42 members
  • No shareholders attended in person or through proxy

Scrutinizer's Role and Findings

  • Scrutinizer: Mr. Chirag Rathod, Proprietor, Rathod & Co., Practicing Company Secretaries
  • Scrutinizer supervised the entire e-voting process and reported on voting results
  • The scrutinizer confirmed that all voting processes were properly conducted and reconciled with company records
  • No invalid votes were reported across any shareholder category for any resolution
  • The scrutinizer's report confirmed that all three resolutions were passed with requisite majority

Compliance with Laws and Regulations

The meeting was conducted in compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and Rules made thereunder
  • General Circulars issued by Ministry of Corporate Affairs (MCA)
  • Circulars issued by Securities and Exchange Board of India (SEBI)
  • The Auditors Report and Secretarial Auditors Report did not contain any adverse remarks, qualifications or disclaimer

Additional Information

  • The meeting commenced at 11:30 am and concluded at 11:55 am
  • All Board members (12 directors), statutory auditors, cost auditor, and company secretary attended through VC
  • The register and all voting papers were handed over to the company for safe keeping
  • The voting results were disseminated to stock exchanges and placed on the company's website