Meeting Details

The 19th Annual General Meeting was held on Wednesday, 30th September, 2026, commencing at IST 15:00 hrs and concluding at IST 15:35 hrs. The meeting was conducted entirely through Video Conferencing/Other Audio Visual Means (VC/OAVM). The deemed venue was the Registered Office of the Company at Dishman Corporate House, Iscon-Bopal Road, Ambli, Ahmedabad 380058.

Proposed Resolutions and Implications

The AGM considered four resolutions:

  • Item 1(a): Ordinary resolution to receive, consider and adopt the Audited Standalone Financial Statements for FY 2025-26 with Board of Directors and Auditors reports
  • Item 1(b): Ordinary resolution to receive, consider and adopt the Audited Consolidated Financial Statements for FY 2025-26 with Auditors reports
  • Item 2: Ordinary resolution to reappoint Mr. Arpit J. Vyas (DIN: 01540057) as director who retired by rotation
  • Item 3: Ordinary resolution to reappoint Statutory Auditors and fix their remuneration
  • Item 4: Special resolution to approve payment of remuneration to Non-Executive Directors

Voting Process and Methods

The voting was conducted through two methods:

1. Remote e-Voting: Conducted by Central Depository Services Limited (CDSL) from Sunday, 27th September, 2026 at 9:00 a.m. IST to Tuesday, 29th September, 2026 at 5:00 p.m. IST

2. e-Voting during AGM: Conducted during the meeting on 30th September, 2026

The Company published newspaper advertisements in "Indian Express" (English) and "Financial Express" (Vernacular) on 7th September, 2026. Notice of the AGM dated 19th May, 2026 and Integrated Annual Report for FY 2025-26 were sent to 47,621 shareholders via email on 5th September, 2026, and a weblink letter was sent to 2,474 shareholders without registered email addresses on 7th September, 2026.

Key Voting Outcomes

Attendance:

  • 58 shareholders attended the AGM through VC/OAVM

Resolution-wise Results:

Item 1(a) - Adoption of Standalone Financial Statements

  • Total votes cast: 145 shareholders representing 106,182,046 shares
  • Assent: 139 shareholders (106,119,651 shares | 99.94%)
  • Dissent: 5 shareholders (5,806 shares | 0.01%)
  • Not Voted: 1 shareholder (56,589 shares | 0.05%)
  • RESULT: PASSED

Item 1(b) - Adoption of Consolidated Financial Statements

  • Total votes cast: 145 shareholders representing 106,182,046 shares
  • Assent: 140 shareholders (106,176,240 shares | 99.99%)
  • Dissent: 5 shareholders (5,806 shares | 0.01%)
  • RESULT: PASSED

Item 2 - Reappointment of Mr. Arpit J. Vyas

  • Total votes cast: 145 shareholders representing 106,182,046 shares
  • Assent: 137 shareholders (106,175,535 shares | 99.99%)
  • Dissent: 8 shareholders (6,511 shares | 0.01%)
  • RESULT: PASSED

Item 3 - Reappointment of Statutory Auditors

  • Total votes cast: 145 shareholders representing 106,182,046 shares
  • Assent: 137 shareholders (106,123,502 shares | 99.94%)
  • Dissent: 8 shareholders (58,544 shares | 0.06%)
  • RESULT: PASSED

Item 4 - Remuneration to Non-Executive Directors (Special Resolution)

  • Total votes cast: 145 shareholders representing 106,182,046 shares
  • Assent: 126 shareholders (102,284,158 shares | 96.33%)
  • Dissent: 10 shareholders (7,678 shares | 0.01%)
  • Not Voted: 9 shareholders (3,890,210 shares | 3.66%)
  • RESULT: PASSED

Scrutinizer's Role and Findings

M/s. Ashok P. Pathak & Co., Practicing Company Secretaries, Ahmedabad, was appointed as Scrutinizer by the Board of Directors at their meeting on 19th May, 2026. The scrutinizer conducted both the remote e-voting process and e-voting during the AGM. The votes were unblocked in the presence of two independent witnesses: CS Margi Hindia and Ms. Kashmira Chavda, who are not employees of the Company.

The scrutinizer maintained an electronic register in accordance with Rule 20(4)(xiv) of the Companies (Management and Administration) Rules, 2014, recording assent/dissent with particulars of shareholders. The company confirmed there were no shares with differential voting rights.

Compliance Confirmation

The voting process complied with:

  • Companies Act, 2013 and Rules thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA General Circulars No. 14/2020, 20/2020, 09/2024 dated 8th April 2020, 13th April 2020, 5th May 2020, 19th September 2024
  • MCA Circular No. 03/2025 dated 22nd September 2025
  • SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated 30th January 2026
  • Secretarial Standard on General Meetings issued by ICSI