Meeting Details

  • Date: Tuesday, September 8, 2026
  • Time: 03:00 p.m. (IST)
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Type: 33rd Annual General Meeting

Proposed Resolutions and Implications

Eight resolutions were proposed for shareholder approval:

1. Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026

2. Declaration of Final Dividend of Re. 1 per equity share (face value Rs. 2) for FY2026

3. Reappointment of Mr. Dharmesh Anil Mehta (DIN: 06734366) as Managing Director & CEO for 5 years effective June 10, 2026

4. Regularization of Mr. Dhvanil Sanjiv Dharia (DIN: 10698428) as Director

5. Ratification and Amendment of DAM Capital Employee Stock Option Scheme 2024

6. Approval of grant of ESOPs to subsidiary company employees under ESOP 2024

7. Provision to grant loan for purchase of company shares under ESOP 2024

Voting Process and Methods

  • Remote e-voting period: September 4, 2026 (9:00 AM) to September 7, 2026 (5:00 PM) through NSDL
  • Electronic voting at AGM: For members attending via VC/OAVM who hadn't voted remotely
  • Cut-off date for eligibility: September 1, 2026
  • Scrutinizer: Aashish K. Bhatt of Aashish K. Bhatt & Associates, Practicing Company Secretaries

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 37,476,622 (53.0185% of outstanding shares)
  • In favor: 37,476,372 (99.9993%)
  • Against: 250 (0.0007%)
  • Promoter support: 100%
  • Institutional support: 100%
  • Non-institutional public support: 99.9929%

Resolution 2: Final Dividend Declaration

  • Total votes cast: 37,476,622 (53.0185% of outstanding shares)
  • In favor: 37,476,419 (99.9995%)
  • Against: 203 (0.0005%)
  • Promoter support: 100%
  • Institutional support: 100%
  • Non-institutional public support: 99.9943%

Resolution 3: Reappointment of MD & CEO (Special Resolution)

  • Total votes cast: 23,074,172 (32.6432% of outstanding shares)
  • In favor: 20,937,616 (90.7405%)
  • Against: 2,136,556 (9.2595%)
  • Promoter support: 100% (excluding interested votes)
  • Institutional support: 62.3313% (37.6687% against)
  • Non-institutional public support: 99.9708%
  • Excluded: 14,402,450 shares voted by interested promoter Mr. Dharmesh Mehta

Resolution 4: Regularization of Director

  • Total votes cast: 37,475,702 (53.0171% of outstanding shares)
  • In favor: 37,474,684 (99.9973%)
  • Against: 1,018 (0.0027%)
  • Excluded: 920 shares voted by interested director Mr. Dhvanil Dharia

Resolution 5: ESOP Scheme Amendment

  • Total votes cast: 37,476,622 (53.0185% of outstanding shares)
  • In favor: 35,640,187 (95.0998%)
  • Against: 1,836,435 (4.9002%)

Participation Breakdown

  • Total shareholders on record: 141,929
  • Shareholders present through VC/OAVM: 69 (3 Promoter Group, 66 Public)
  • Promoter & Promoter Group shares: 28,274,400 (40.00%)
  • Public Institution shares: 5,848,054 (8.27%)
  • Public Non-Institution shares: 36,563,546 (51.73%)

Scrutinizer's Role and Findings

  • Aashish K. Bhatt was appointed scrutinizer by the Board on August 11, 2026
  • Votes were unblocked on September 8, 2026 in presence of witnesses Rasila Choudhary and Dikshita Upadhyay
  • Confirmed all resolutions passed with requisite majority
  • Voting documents retained for safe keeping until minutes approval

Compliance Confirmation

  • Conducted in compliance with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
  • Follows SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Adheres to MCA circulars regarding virtual meetings (including General Circular No. 14/2020, 17/2020, 20/2020, and 03/2025)

Additional Information

  • Results available on company website (www.damcapital.in) and NSDL website (www.evoting.nsdl.com)
  • Company CIN: L99999MH1993PLC071865
  • SEBI Registrations: Stock Broking (INZ000207137), Research Analyst (INH000000131), Merchant Banker (MB/INM000011336)