Meeting Details

  • Meeting Type: 22nd Annual General Meeting
  • Meeting Date: Thursday, July 09, 2026
  • Meeting Time: Commenced at 11:00 a.m. and concluded at 12:15 p.m.
  • Meeting Mode: Conducted through Video Conferencing / Other Audio Visual Means

Proposed Resolutions and Implications

The AGM considered nine resolutions covering ordinary and special business:

Ordinary Business:

1. Adoption of Audited Financial Statements (Standalone and Consolidated) for FY ended March 31, 2026, along with Reports of Board of Directors and Auditors

2. Declaration of final dividend of ₹10/- each (100%) per equity share (face value ₹10/-) for FY 2025-26

3. Re-appointment of Mr. Nirav Mehta (DIN: 01644041) as Director retiring by rotation

4. Appointment of M/s. Walker Chandiok & Co LLP, Chartered Accountants as Statutory Auditors and fixing their remuneration

5. Ratification of remuneration payable to Cost Auditors for FY 2026-27

6. Appointment of M/s. Dhara Patel, Company Secretary Firm as Secretarial Auditors

Special Business:

7. Payment of commission to Non-Executive Directors of the Company

8. Payment of remuneration to Dr. Kirtikumar Mehta (DIN: 00385658), Non-Executive Director and Chairman for FY 2026-27

9. Re-appointment of Dr. Kirtikumar Mehta as Non-Executive Director and Chairman for a term of 5 years

Voting Process and Methods

The voting was conducted through two methods:

  • Remote E-voting: Facility remained open from Monday, July 06, 2026 (9:00 A.M. IST) to Wednesday, July 08, 2026 (5:00 P.M. IST)
  • E-voting during AGM: Provided during the AGM and for 30 minutes after conclusion for members who hadn't voted remotely

The cut-off date for determining voting eligibility was July 2, 2026. Advertisement was released in Financial Express (English and Gujarati editions) on June 16, 2026.

Key Voting Outcomes

All resolutions were passed with requisite majority. Detailed results:

| Resolution | Type | Votes in Favour | % in Favour | Votes Against | % Against |

| 1. Financial Statements | Ordinary | 59,648,939 | 100% | 2 | 0% |

| 2. Final Dividend | Ordinary | 59,648,953 | 100% | 2 | 0% |

| 3. Re-appointment of Nirav Mehta | Ordinary | 42,969,641 | 93.03% | 3,221,314 | 6.97% |

| 4. Appointment of Statutory Auditors | Ordinary | 56,429,032 | 94.6% | 3,219,795 | 5.4% |

| 5. Cost Auditors Remuneration | Ordinary | 59,648,811 | 100% | 16 | 0% |

| 6. Appointment of Secretarial Auditors | Ordinary | 59,648,854 | 100% | 30 | 0% |

| 7. Commission to Non-Executive Directors | Special | 56,148,679 | 94.13% | 3,500,162 | 5.87% |

| 8. Remuneration to Dr. Kirtikumar Mehta | Special | 43,387,058 | 91.5% | 4,032,590 | 8.5% |

| 9. Re-appointment of Dr. Kirtikumar Mehta | Special | 43,408,354 | 91.54% | 4,011,294 | 8.46% |

Participation Breakdown by Shareholder Category

Detailed category-wise voting data was provided for each resolution, showing participation from:

  • Promoter and Promoter Group: 42,197,968 shares (100% participation on some resolutions)
  • Public Institutions: 10,111,263 shares (91.33% participation)
  • Public Non-Institutions: 8,850,857 shares (92.83% participation)

Total outstanding shares: 61,160,088

Total votes polled across resolutions: Approximately 97.53% of outstanding shares

Scrutinizer's Role and Findings

M/s. Dhara Patel, Company Secretary Firm (ACS No. 29198 / C.P. No. 10979) was appointed as Scrutinizer. Key findings:

  • The e-voting system was provided by Central Depository Services (India) Limited (CDSL)
  • Remote e-voting was unblocked on July 9, 2026 after AGM conclusion, witnessed by Mansi Khunt and Dev Shah
  • All resolutions passed with requisite majority as per scrutinizer's report dated July 10, 2026
  • Electronic data and records relating to e-voting are under scrutinizer's safe custody

Compliance Statement

The company confirmed compliance with:

  • Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of the Companies Act, 2013
  • Rule 20(4)(xii) and Rule 21(2) of the Companies (Management and Administration) Rules, 2014

Additional Information

The voting results and scrutinizer's report have been uploaded on the company's website (www.coronaremedies.com) and CDSL website (www.evotingindia.com).