Meeting Details
- Date: Tuesday, 14th July, 2026
- Time: 11:30 A.M. (IST)
- Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
- Type: Annual General Meeting
Attendees
Directors Present:
1. Mrs. Urvashi Tilakdhar - Sr. Managing Director (New Delhi)
2. Mr. Akshay Dhar - Managing Director & CEO (New Delhi)
3. Ms. Aditi Dhar - Non-Executive Director (London)
4. Mr. Alok Bansidhar Shriram - Non-Executive Director (New Delhi)
5. Ms. Rama Sanjay Kirloskar - Independent Director (Pune)
6. Mr. Rohit Bhandari - Independent Director (New Delhi)
7. Dr. Sandeep Bajaj - Director - Business Development (New Delhi)
8. Mr. Siddhartha Mukherjee - Independent Director (New Delhi)
9. Mr. Sunil Behari Mathur - Non-Executive Director (New Delhi)
10. Mr. Venkata Rama Subbu Behara - Independent Director (New Delhi)
11. Mr. Vijay Anand - Independent Director (Bangalore)
Other Attendees:
- Mr. Naresh Handa - Chief Financial Officer (New Delhi)
- Ms. Kokila Arora - Company Secretary & Compliance Officer (New Delhi)
- Mr. Chirag Garg & Mr. Anil Girdhar - Representatives of Kirtane & Pandit LLP, Chartered Accountants, Statutory Auditors (New Delhi)
- Mr. Shasikant Tiwari - Representative of Chandrasekaran Associates, Secretarial Auditors (New Delhi)
- Mr. Kamaljit Singh - Scrutinizer for e-voting, Practicing Company Secretary (New Delhi)
- 140 Members/representatives of Corporate Members through VC/OAVM
Proceedings Summary
Mrs. Urvashi Tilakdhar, Sr. Managing Director, chaired the meeting and confirmed requisite quorum was present as per Article 45 of the Articles of Association. The Company Secretary explained the procedural aspects, including dispatch of Notice & Annual Report through electronic mode and provisions for remote e-Voting and instapoll e-voting facility.
The Chairperson presented a statement on business and financial performance for FY 2025-26 and outlook for the current fiscal. Mr. Akshay Dhar, Managing Director & CEO, addressed shareholders about operations, future outlook, and financial and operational results for 2025-26, including commentary on domestic and world economic situation and geopolitical developments.
Resolutions Considered
Ordinary Business:
1. Ordinary Resolution: To consider and adopt:
a) Audited Financial Statements for FY ended 31st March, 2026 with Reports of Board of Directors and Auditors
b) Audited Consolidated Financial Statements for FY ended 31st March, 2026 with Reports of Auditors
2. Ordinary Resolution: Declaration of Dividend on Equity Shares
3. Ordinary Resolution: Appointment of Director Mrs. Urvashi Tilakdhar (DIN: 00294265) who retires by rotation
4. Ordinary Resolution: Appointment of Director Mr. Akshay Dhar (DIN: 01078392) who retires by rotation
Special Business:
5. Ordinary Resolution: Cost Auditors - Ratification of Remuneration
6. Ordinary Resolution: Payment of Commission to Non-Executive Directors
7. Special Resolution: Alteration of the Articles of Association
Voting Process
- Remote e-voting was conducted prior to the AGM
- E-voting facility through instapoll was available during and after the AGM
- Mr. Kamaljit Singh, Practicing Company Secretary, served as Scrutinizer for e-voting
- The consolidated voting results were to be submitted to Stock Exchanges and made available on the Company's website (<https://dsfcl.com/>) within 48 hours from conclusion of AGM
Shareholder Engagement
Shareholders who registered to speak were called upon by the Moderator, and their queries/clarifications were addressed by the Managing Director & CEO. Any unanswered queries could be emailed to the Company for response.
Compliance Statement
The meeting was conducted in compliance with applicable provisions of the Companies Act, 2013 and Rules made thereunder, read with circulars issued by MCA and SEBI.
Meeting Conclusion
The meeting concluded at 1:32 P.M. with the instapoll remaining open for 15 minutes to enable Members to e-vote.