Meeting Details

  • Date: Thursday, 24th September 2026
  • Time: Commenced at 11:30 AM and concluded at 11:55 AM
  • Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Type: Annual General Meeting
  • Record Date: 17th September 2026
  • Total Shareholders on Record Date: 25,903

Shareholder Participation

  • Promoters and Promoter Group attendees: 16
  • Public shareholders attendees: 41
  • Total attendees through VC/OAVM: 57 shareholders

Proposed Resolutions and Implications

Ordinary Business:

1. Adoption of financial statements: To consider and adopt the audited Standalone and Consolidated financial statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors

2. Re-appointment of Director: Re-appointment of Mr. Rameshbhai R Talavia (DIN: 01619743) as director retiring by rotation

Special Business:

3. Ratification of Cost Auditor remuneration: For Financial Year 2026-27

4. Appointment of Independent Director: Appointment of Mrs. Megha Joshi (DIN: 11851257) as Independent Director

5. Re-appointment of Whole-Time Director: Re-appointment of Mr. Jamankumar H. Talavia (DIN: 01525356) as Whole-Time Director

6. Re-appointment of Whole-Time Director: Re-appointment of Mr. Jagdish R. Savaliya (DIN: 06481920) as Whole-Time Director

Voting Process and Methods

  • Remote e-voting period: Monday, 21st September 2026 at 9:00 AM to Wednesday, 23rd September 2026 at 5:00 PM through MUFG Intime India Private Limited platform
  • E-voting during AGM: Members attending the virtual meeting could vote during the meeting
  • Scrutinizer: Uday Dave, partner of Parikh Dave & Associates, Practicing Company Secretaries
  • Voting rights reckoned: Based on cut-off date of 17th September 2026
  • Notice distribution: Sent electronically to shareholders with registered email addresses

Key Voting Outcomes

Overall Participation:

  • Total outstanding shares: 33,797,296
  • Total votes cast: 24,920,405 (73.73% of outstanding shares)

Resolution-wise Results:

Resolution 1 (Ordinary - Financial Statements):

  • Total votes: 24,920,405
  • Votes in favor: 24,917,655 (99.9890%)
  • Votes against: 2,750 (0.0110%)
  • Result: Passed

Resolution 2 (Ordinary - Director Re-appointment):

  • Total votes: 24,920,405
  • Votes in favor: 24,917,625 (99.9888%)
  • Votes against: 2,780 (0.0112%)
  • Result: Passed

Resolution 3 (Ordinary - Cost Auditor Remuneration):

  • Total votes: 24,920,405
  • Votes in favor: 24,917,625 (99.9888%)
  • Votes against: 2,780 (0.0112%)
  • Result: Passed

Resolution 4 (Special - Independent Director Appointment):

  • Total votes: 24,920,405
  • Votes in favor: 24,917,625 (99.9888%)
  • Votes against: 2,780 (0.0112%)
  • Result: Passed

Resolution 5 (Special - Whole-Time Director Re-appointment):

  • Total votes: 24,920,405
  • Votes in favor: 24,917,625 (99.9888%)
  • Votes against: 2,780 (0.0112%)
  • Result: Passed

Resolution 6 (Special - Whole-Time Director Re-appointment):

  • Total votes: 24,920,405
  • Votes in favor: 24,917,625 (99.9888%)
  • Votes against: 2,780 (0.0112%)
  • Result: Passed

Category-wise Voting Breakdown (All Resolutions):

  • Promoter and Promoter Group: 23,794,652 shares voted (100% of their holding), 100% in favor
  • Public Institutions: 528,000 shares voted (43.6056% of their holding), 100% in favor
  • Public Non-Institutions: 597,753 shares voted (6.7990% of their holding), 99.53-99.54% in favor

Scrutinizer's Role and Findings

  • Uday Dave of Parikh Dave & Associates was appointed scrutinizer
  • Verified remote e-voting and e-voting during AGM
  • Voting data unblocked after AGM conclusion in presence of two witnesses (Mrs. Riddhi Brahmbhatt and Mr. Chirag Chouhan)
  • Confirmed no invalid votes received for any resolutions or categories
  • Electronic data and relevant records to be handed over to Company Secretary for safekeeping

Compliance Confirmation

  • Compliance with Companies Act 2013, MCA Circulars, and SEBI (LODR) Regulations
  • Voting process conducted in fair and transparent manner
  • Notice with material facts sent as per Section 102 of Companies Act