Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Cords Cable Industries Limited
Meeting Details
The 35th Annual General Meeting was held on Monday, 28th September, 2026 at 10:00 a.m. (IST) at International Society for Krishna Consciousness (ISKCON), Hare Krishna Hills, Sant Nagar Main Road, East of Kailash, New Delhi-110065. The meeting commenced at 10:00 a.m. and concluded at 10:30 a.m.
Voting Process and Methods
Remote e-voting was conducted through MUFG Intime India Private Limited (RTA) between Friday, September 25, 2026 at 09:30 a.m. and Sunday, September 27, 2026 at 05:00 p.m. Physical ballot voting was also conducted at the meeting venue. The cut-off date for determining shareholders entitled to vote was Monday, 21st September, 2026.
Shareholder Participation
- Total number of shareholders on record/cut-off date: 20,875
- Shareholders present in meeting (in person or proxy): 170
- Promoters: 05
- Public: 165
Proposed Resolutions and Voting Outcomes
Nine resolutions were considered at the AGM:
Resolution 1: Adoption of Audited Financial Statements
- Ordinary resolution for adoption of audited financial statements for year ended March 31, 2026
- Total votes polled: 7,066,218 (54.6592% of outstanding shares)
- Votes in favor: 7,066,218 (100%)
- Votes against: 0 (0%)
- Passed: Yes
Resolution 2: Declaration of Final Dividend
- Ordinary resolution for declaration of final dividend of 12% (Rs. 1.20 per equity share of face value Rs. 10 each)
- Total votes polled: 7,066,218 (54.6592% of outstanding shares)
- Votes in favor: 7,066,218 (100%)
- Votes against: 0 (0%)
- Passed: Yes
Resolution 3: Re-appointment of Director
- Ordinary resolution for re-appointment of Mr. Pawan Kumar Maheswari (DIN: 10238911) who retires by rotation
- Total votes polled: 7,066,218 (54.6592% of outstanding shares)
- Votes in favor: 7,066,218 (100%)
- Votes against: 0 (0%)
- Passed: Yes
Resolution 4: Appointment of Statutory Auditors
- Ordinary resolution to appoint M/s GVKN & Associates, Chartered Accountants (Firm Registration No. 016479N) as statutory auditors
- Total votes polled: 7,066,218 (54.6592% of outstanding shares)
- Votes in favor: 7,066,218 (100%)
- Votes against: 0 (0%)
- Passed: Yes
Resolution 5: Ratification of Cost Auditors' Remuneration
- Ordinary resolution for ratification of remuneration of M/s S Chander & Associates, Cost Accountants as cost auditors for FY ending March 31, 2027
- Total votes polled: 7,066,218 (54.6592% of outstanding shares)
- Votes in favor: 7,066,218 (100%)
- Votes against: 0 (0%)
- Passed: Yes
Resolution 6: Appointment of Whole Time Director
- Special resolution for appointment of Mr. Pawan Kumar Maheswari as Whole Time Director and approval of his remuneration
- Total votes polled: 7,066,218 (54.6592% of outstanding shares)
- Votes in favor: 7,066,218 (100%)
- Votes against: 0 (0%)
- Passed: Yes
Resolution 7: Increase in Managing Director's Remuneration
- Special resolution for approval of increase in remuneration of Mr. Naveen Sawhney (DIN: 00893704), Managing Director
- Total votes polled: 7,066,218 (54.6592% of outstanding shares)
- Votes in favor: 6,900,762 (97.6443%)
- Votes against: 165,456 (2.3557%)
- Passed: Yes
Resolution 8: Payment of Dearness Allowance to Related Party
- Ordinary resolution for payment of Dearness Allowance to Mr. Varun Sawhney, Vice President (Marketing, IT & HR)
- Total votes polled: 286,076 (2.2129% of outstanding shares)
- Votes in favor: 119,620 (41.8141%)
- Votes against: 166,456 (58.1859%)
- Promoter and Promoter Group abstained from voting
- Passed: Yes
Resolution 9: Payment of Dearness Allowance to Related Party
- Ordinary resolution for payment of Dearness Allowance to Mr. Gaurav Sawhney, Vice President (Finance & Banking)
- Total votes polled: 286,076 (2.2129% of outstanding shares)
- Votes in favor: 119,620 (41.8141%)
- Votes against: 166,456 (58.1859%)
- Promoter and Promoter Group abstained from voting
- Passed: Yes
Category-wise Voting Breakdown
Promoter and Promoter Group:
- Shares held: 6,780,142
- Votes polled: 6,780,142 (100% of shares held)
- All votes cast in favor of all resolutions except abstention on resolutions 8 and 9
Public Institutions:
- Shares held: 259,365
- Votes polled: 236,801 (91.3003% of shares held)
- All votes cast in favor of all resolutions
Public Non-Institutions:
- Shares held: 5,888,273
- Votes polled: 49,275 (0.8368% of shares held)
- All votes cast in favor of all resolutions
Scrutinizer Details
- Name: Kapoor Chand Garg
- Firm: KCG & Associates
- Membership Number: 1145
- Qualification: Company Secretary in Practice (FCS No. 7145, C.P. No. 7829)
- Date of Board Meeting appointment: 13-08-2026
- Date of Report issuance: 29-09-2026
Scrutinizer's Findings
The scrutinizer verified both e-voting and physical ballot voting processes. The e-voting results were unblocked in the presence of Ms. Bhawna Sadhwani and Ms. Preeti Prajapati (non-employees) who signed as witnesses.
Invalid Votes
- Resolution 1: 1 member, 6 votes (physical ballot)
- Resolution 2: 1 member, 6 votes (physical ballot)
- Resolution 4: 1 member, 6 votes (physical ballot)
- Resolution 6: 1 member, 6 votes (physical ballot)
- Resolution 7: 1 member, 6 votes (physical ballot)
Related Party Abstention
Mr. Naveen Sawhney, Mr. Gaurav Sawhney, Ms. Adarsh Sawhney, Mr. Varun Sawhney and Naveen Sawhney HUF (being related parties) abstained from voting on Resolutions 8 and 9.
Compliance Confirmation
The voting process was conducted in accordance with Section 108 of the Companies Act, 2013, Rule 20 of Companies (Management and Administration) Rules, 2014, and SEBI LODR Regulations, 2015.