Meeting Details

  • Date: Tuesday, 14th July, 2026
  • Time: 11:30 A.M. (IST) to 1:32 P.M. (IST)
  • Type: Annual General Meeting (AGM)
  • Mode: Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Record Date: Wednesday, 1st July, 2026

Proposed Resolutions and Implications

The AGM considered seven resolutions:

1. Ordinary Resolution: Consideration and adoption of Standalone and Consolidated Audited Financial Statements for FY ended 31st March 2026 with reports of Board of Directors and Auditors

2. Ordinary Resolution: Declaration of Dividend on Equity Shares

3. Ordinary Resolution: Re-appointment of Mrs. Urvashi Tilakdhar (DIN: 00294265) who retires by rotation

4. Ordinary Resolution: Re-appointment of Mr. Akshay Dhar (DIN: 01078392) who retires by rotation

5. Ordinary Resolution: Ratification of Remuneration of Cost Auditor

6. Ordinary Resolution: Payment of Commission to Non-Executive Directors

7. Special Resolution: Alteration of the Articles of Association

Voting Process and Methods

  • Remote e-voting period: Thursday, July 9, 2026 (9:00 AM IST) to Monday, July 13, 2026 (5:00 PM IST)
  • E-voting during AGM: Through instapoll facility
  • Scrutinizer: Mr. Kamaljit Singh (Membership No. 11335), Practicing Company Secretary
  • Voting service provider: KFin Technologies Limited
  • Votes were unblocked on July 14, 2026 at 1:37 PM IST in presence of witnesses Mr. Ashish Jha and Ms. Richa Dhuria

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 43,817
  • Total outstanding shares: 86,992,185
  • Total votes polled: 47,415,239 shares (54.5052% of outstanding shares)
  • Shareholders attended through VC: 140 (8 Promoters, 132 Public)

Resolution-wise Results

Resolution 1 (Financial Statements Adoption)

  • Votes in favor: 47,405,414 (99.98%)
  • Votes against: 9,825 (0.02%)
  • Invalid votes: 0
  • Abstained: 3 members (1,250 votes)

Resolution 2 (Dividend Declaration)

  • Votes in favor: 47,405,699 (99.98%)
  • Votes against: 9,540 (0.02%)
  • Invalid votes: 0
  • Abstained: 3 members (1,250 votes)

Resolution 3 (Re-appointment of Urvashi Tilakdhar)

  • Votes in favor: 47,370,079 (99.90%)
  • Votes against: 45,160 (0.10%)
  • Invalid votes: 0
  • Abstained: 3 members (1,250 votes)

Resolution 4 (Re-appointment of Akshay Dhar)

  • Votes in favor: 47,370,079 (99.90%)
  • Votes against: 45,160 (0.10%)
  • Invalid votes: 0
  • Abstained: 3 members (1,250 votes)

Resolution 5 (Cost Auditor Remuneration)

  • Votes in favor: 47,404,645 (99.98%)
  • Votes against: 10,594 (0.02%)
  • Invalid votes: 0
  • Abstained: 3 members (1,250 votes)

Resolution 6 (Commission to Non-Executive Directors)

  • Votes in favor: 46,575,658 (98.23%)
  • Votes against: 839,581 (1.77%)
  • Invalid votes: 0
  • Abstained: 3 members (1,250 votes)

Resolution 7 (Alteration of Articles of Association)

  • Votes in favor: 47,336,182 (99.83%)
  • Votes against: 79,057 (0.17%)
  • Invalid votes: 0
  • Abstained: 3 members (1,250 votes)

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares held: 43,590,115
  • Votes polled: 43,590,115 (100% participation)
  • Voted in favor of all resolutions: 100%

Public Institutions

  • Shares held: 10,712,578
  • Votes polled: 3,387,880 (31.6253% participation)
  • Voted in favor: Range 75.54%-100% across resolutions

Public Non-Institutions

  • Shares held: 32,689,492
  • Votes polled: 437,244 (1.3376% participation)
  • Voted in favor: Range 97.51%-97.82% across resolutions

Scrutinizer's Role and Findings

Mr. Kamaljit Singh was appointed as Scrutinizer by the Board of Directors on May 19, 2026. His responsibilities included:

  • Scrutinizing the e-voting process in a fair and transparent manner
  • Preparing the Scrutinizer's Report based on data from KFin Technologies
  • Verifying that votes were unblocked in the presence of independent witnesses
  • Confirming all resolutions were passed with requisite majority

The scrutinizer confirmed that all electronic data and records will remain in his custody until the Chairperson approves and signs the meeting minutes.

Compliance with Regulations

The voting process complied with:

  • Sections 108 & 109 of the Companies Act, 2013
  • Rule 20 & 21 of the Companies (Management and Administration) Rules, 2014
  • MCA General Circular 09/2025 dated September 22, 2025
  • SEBI Master Circular No. SEBI/HO/CFD/POD2/CIR/P/2023/120 dated July 11, 2023
  • SEBI Circular No. SEBI/HO/CFD/CFD-POD-2/P/CIR/2023/167 dated October 07, 2023
  • SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 03, 2024
  • SEBI LODR Regulations

Additional Information

  • NSE Symbol: DSFCL
  • The revised voting results are available on the company website: https://dsfcl.com/