Meeting Details

The 85th Annual General Meeting was held on Wednesday, July 29, 2026 at 03:30 p.m. IST through Video Conferencing / Other Audio Video Means. The deemed venue was Colgate Research Centre, Main Street, Hiranandani Gardens, Powai, Mumbai 400 076.

Proposed Resolutions and Implications

The meeting considered three ordinary resolutions:

1. Adoption of Audited Financial Statements for FY ended March 31, 2026 and Reports of Board of Directors and Auditors

2. Re-appointment of Ms. Prabha Narasimhan (DIN: 08822860) as Director retiring by rotation

3. Re-appointment of Mr. Jacob Sebastian Madukkakuzy (DIN: 07645510) as Whole-time Director & Chief Financial Officer

Voting Process and Methods

The Company provided Members with facility of remote e-Voting and e-Voting during the AGM. The remote e-voting period was from 8:00 a.m. IST on Saturday, July 25, 2026 to 5:00 p.m. IST on Tuesday, July 28, 2026 through NSDL's platform. The cut-off date for determining voting rights was July 22, 2026.

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 209,902,961 (77.1743% of outstanding shares)
  • Votes in favor: 209,885,899 (99.9919% of votes polled)
  • Votes against: 17,062 (0.0081% of votes polled)
  • Promoter participation: 100% (138,712,672 shares voted)
  • Institutional participation: 88.4911% (71,033,485 shares voted)
  • Non-institutional participation: 0.2959% (156,804 shares voted)

Resolution 2: Re-appointment of Ms. Prabha Narasimhan

  • Total votes cast: 210,124,080 (77.2556% of outstanding shares)
  • Votes in favor: 209,773,328 (99.8331% of votes polled)
  • Votes against: 350,752 (0.1669% of votes polled)
  • Promoter participation: 100% (138,712,672 shares voted)
  • Institutional participation: 88.7663% (71,254,412 shares voted)
  • Non-institutional participation: 0.2962% (156,996 shares voted)

Resolution 3: Re-appointment of Mr. Jacob Sebastian Madukkakuzy

  • Total votes cast: 210,124,095 (77.2556% of outstanding shares)
  • Votes in favor: 208,248,263 (99.1073% of votes polled)
  • Votes against: 1,875,832 (0.8927% of votes polled)
  • Promoter participation: 100% (138,712,672 shares voted)
  • Institutional participation: 88.7663% (71,254,412 shares voted)
  • Non-institutional participation: 0.2962% (157,011 shares voted)

Participation Breakdown

  • Total shareholders on record date: 335,571
  • Shareholders present through Video-Conferencing: Promoters (3), Public (80)
  • Remote e-voting participants: 1,395-1,403 voters across resolutions
  • AGM e-voting participants: 15 voters across resolutions

Scrutinizer's Role and Findings

Mr. S. N. Ananthasubramanian, Practising Company Secretary (Membership No. FCS: 4206) or failing him, Mr. S. N. Viswanathan (Membership No. FCS: 13685) were appointed as Scrutinizers. The scrutinizer confirmed:

  • All votes cast were valid
  • The voting process was conducted fairly and transparently
  • All three resolutions were passed with requisite majority
  • Detailed consolidated results were prepared and submitted

Compliance Confirmation

The Company confirmed compliance with Companies Act, 2013, SEBI Listing Regulations, and relevant circulars issued by Ministry of Corporate Affairs and SEBI. Notice of AGM was published in Financial Express (English) and Loksatta (Marathi) newspapers and dispatched to 321,043 members via email on July 4, 2026, with additional communications sent to 18,243 members without registered email addresses.