Meeting Details
- Date: September 24, 2026
- Type: 10th Annual General Meeting (AGM)
- Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
- Time: 11:30 AM to 12:50 PM
- Record Date: September 17, 2026
- Notice Date: September 02, 2026
Proposed Resolutions and Implications
All seven resolutions set out in the notice were passed with requisite majority:
1. Ordinary Resolution: Adoption of audited financial statements for FY ended March 31, 2026
2. Ordinary Resolution: Declaration of final dividend of ₹2.50 per equity share for FY 2025-26
3. Ordinary Resolution: Appointment of Mr. Manish Jayasheel Shetty (DIN: 09075221) as director liable to retire by rotation
4. Ordinary Resolution: Ratification of remuneration to Cost Auditors for FY 2026-27
5. Special Resolution: Change or increase in borrowing powers under Section 180(1)(C) of Companies Act, 2013
6. Special Resolution: Increase in remuneration of Mr. C Mruthyunjaya Swamy, Whole-time Director designated as Executive Director
7. Special Resolution: Approval of material related party transactions with M/s. NS Infra Projects Private Limited
Voting Process and Methods
- Remote e-voting: Conducted through NSDL from September 21, 2026 (9:00 AM) to September 23, 2026 (5:00 PM)
- E-voting at meeting: Electronic voting during the AGM
- Physical attendance: 7 Promoter group members and 25 Public shareholders attended via VC/OAVM
- Scrutinizer: Raghavendra Bhat of R N Bhat & Associates (Firm), Company Secretary (Membership No. F13610)
- Appointment date: August 13, 2026
- Report issuance date: September 25, 2026
Key Voting Outcomes
Overall Participation
- Total shareholders on record date: 43,565
- Total votes polled: 192,351,96 (72.0419% of outstanding shares)
- Invalid votes: 0 across all categories
Resolution-wise Results
Resolution 1: Adoption of Financial Statements
- Total votes: 192,351,96
- In favor: 192,351,64 (99.9998%)
- Against: 32 (0.0002%)
Resolution 2: Final Dividend Declaration
- Total votes: 192,351,96
- In favor: 192,349,49 (99.9987%)
- Against: 247 (0.0013%)
Resolution 3: Director Appointment
- Total votes: 192,351,96
- In favor: 192,349,64 (99.9988%)
- Against: 232 (0.0012%)
Resolution 4: Cost Auditor Remuneration
- Total votes: 192,351,96
- In favor: 192,349,54 (99.9987%)
- Against: 242 (0.0013%)
Resolution 5: Borrowing Powers Increase
- Total votes: 192,351,96
- In favor: 192,349,44 (99.9987%)
- Against: 252 (0.0013%)
Resolution 6: Executive Director Remuneration Increase
- Total votes: 144,348,96 (54.0633%)
- In favor: 144,321,16 (99.9807%)
- Against: 2,780 (0.00193%)
- Invalid votes: 4,800,000 from Promoter and Promoter Group
Resolution 7: Related Party Transactions
- Total votes: 192,348,96
- In favor: 192,348,64 (99.9998%)
- Against: 32 (0.0002%)
Category-wise Participation
Promoter and Promoter Group
- Shares outstanding: 19,200,000
- Votes polled: 19,200,000 (100%)
- Voting method: Entirely through e-voting
Public-Institutions
- Shares outstanding: 82,385
- Votes polled: 0 (0%)
Public-Non Institutions
- Shares outstanding: 7,417,615
- Votes polled: 35,196 (0.4745%)
- Voting method: Entirely through e-voting
Scrutinizer's Role and Findings
Raghavendra Bhat was appointed scrutinizer to oversee the remote e-voting process and e-voting at the AGM. The scrutinizer confirmed:
- Notice was sent electronically on September 02, 2026, and published in Financial Express (English) and Vishwavani - Bangalore (Kannada) on September 03, 2026
- NSDL provided the e-voting platform
- Votes were unblocked on September 24, 2026 at 1:20 PM in presence of witnesses Mr. Shreesha Ganapati Bhat and Mr. Ganapati Hegde
- Electronic register maintained as per Rule 20(4)(xiv) of Companies (Management and Administration) Rules, 2014
- All resolutions passed with requisite majority
Compliance Confirmation
The company confirmed compliance with:
- Section 108 of Companies Act, 2013
- Companies (Management and Administration) Rules, 2014
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Secretarial Standard 2 on General Meetings
- MCA General Circular No. 03/2025 dated September 22, 2025
Additional Information
- Company website: https://www.denta.co.in/