Meeting Details

  • Date of Meeting: 26th September, 2026
  • Time: 11:30 AM to 12:20 PM (IST)
  • Type of Meeting: 6th Annual General Meeting (AGM)
  • Mode: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Record Date: 19th September, 2026
  • Total Shareholders on Record Date: 35,515

Proposed Resolutions and Implications

Shareholders considered and approved the following six ordinary resolutions:

1. Adoption of Financial Statements: Approval of Audited Financial Statement for FY ended 31st March 2026 along with Reports of Board of Directors and Statutory Auditor

2. Dividend Declaration: Confirmation of Interim Dividend of Re. 0.50 per equity share (50%) and declaration of Final Dividend of Rs. 1.25 per equity share (125%) for FY ended 31st March 2026

3. Director Reappointment: Reappointment of Mr. Rajesh Kothari (DIN: 02168932) who retired by rotation

4. Statutory Auditor Reappointment: Reappointment of M/s B Mukherjee & Co. (Firm Regn No. 302096E) as Statutory Auditors for a second term of five years with remuneration of Rs. 3.25 Lakhs for FY 2026-27

5. Cost Auditor Remuneration: Approval of remuneration of Rs. 30,000 plus taxes payable to M/s. D. Sabyasachi & Co. (Firm Regn No. 000369) as Cost Auditors for FY ending 31st March 2027

6. Independent Director Appointment: Appointment of Mrs. Rajni Mishra (DIN: 07706571) as Non-Executive Independent Director for a term of five years from 10th August 2026 to 9th August 2031, entitled to sitting fees of Rs. 15,000 per meeting

Voting Process and Methods

The voting process utilized two methods:

  • Remote E-voting: Conducted from 23rd September 2026 (9:00 AM) to 25th September 2026 (5:00 PM) through NSDL
  • E-voting at AGM: Conducted during the meeting through electronic means
  • Scrutinizer: Mr. Ashok Kumar Daga, Practicing Company Secretary (Membership No. FCS 2699, COP No. 2948) appointed by Board of Directors
  • Votes unblocked: 26th September 2026 at 12:55 PM (IST) at Kolkata

Key Voting Outcomes

Overall Participation

  • Total Votes Cast: 83,610,933 shares
  • Percentage of Paid-up Capital Voted: 80.80%
  • Total Shareholders Voting: 203
  • Remote E-voting Members: 201
  • E-voting at AGM Members: 2

Resolution-wise Results

Resolution 1 - Financial Statements Adoption

  • Votes in Favor: 83,572,899 (99.95%)
  • Votes Against: 38,034 (0.05%)
  • Invalid Votes: 0

Resolution 2 - Dividend Declaration

  • Votes in Favor: 83,572,899 (99.95%)
  • Votes Against: 38,034 (0.05%)
  • Invalid Votes: 0

Resolution 3 - Director Reappointment

  • Votes in Favor: 83,400,352 (99.75%)
  • Votes Against: 210,581 (0.25%)
  • Invalid Votes: 0

Resolution 4 - Auditor Reappointment

  • Votes in Favor: 83,572,799 (99.95%)
  • Votes Against: 38,134 (0.05%)
  • Invalid Votes: 0

Resolution 5 - Cost Auditor Remuneration

  • Votes in Favor: 83,572,899 (99.95%)
  • Votes Against: 38,034 (0.05%)
  • Invalid Votes: 0

Resolution 6 - Independent Director Appointment

  • Votes in Favor: 83,432,749 (99.95%)
  • Votes Against: 38,184 (0.05%)
  • Invalid Votes: 0

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares Held: 77,602,555
  • Votes Polled: 77,602,555 (100% of holdings)
  • All resolutions approved with 100% votes in favor

Public Institutions

  • Shares Held: 1,677,925
  • Votes Polled: 1,089,371 (64.92% of holdings)
  • Most resolutions approved with 100% votes in favor

Public Non-Institutions

  • Shares Held: 24,196,184
  • Votes Polled: 4,919,007 (20.33% of holdings)
  • Approval rates between 99.22-99.23% across resolutions

Scrutinizer's Role and Findings

Mr. Ashok Kumar Daga was responsible for ascertaining the voting processes and preparing the scrutinizer report. Key findings include:

  • No instance of duplicate voting
  • E-voting system was disabled by NSDL 15 minutes after conclusion of AGM
  • Voting processes complied with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
  • All resolutions passed with requisite majority

Compliance Confirmation

The document confirms compliance with:

  • Section 108 of Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • All applicable provisions of Companies Act, 2013 and rules made thereunder

Additional Information

  • Mumbai Office: 1501, 15th Floor, Lodha Supremus, Senapati Bapat Road, Lower Parel West, Mumbai - 400 013
  • 6 promoter shareholders attended through video conferencing
  • 80 public shareholders attended through video conferencing
  • 1 promoter shareholder had 2 IDs and attended through the same