Meeting Details

  • Meeting Type: 61st Annual General Meeting (AGM)
  • Meeting Date: Monday, 3rd August 2026
  • Meeting Time: 12:30 P.M. (IST)
  • Meeting Mode: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) without physical presence of members
  • Cut-off Date: Monday, 27th July 2026 (for determining shareholder eligibility)

Proposed Resolutions and Implications

The AGM considered five ordinary resolutions:

1. Resolution No. 1: Adoption of Audited Financial Statements (standalone and consolidated) for FY ended 31 March 2026

2. Resolution No. 2: Declaration of dividend on equity shares for FY ended 31 March 2026

3. Resolution No. 3: Re-appointment of Mr. Ashok Kumar Tyagi (DIN: 00254161) as director retiring by rotation

4. Resolution No. 4: Re-appointment of Ms. Pia Singh (DIN: 00067233) as director retiring by rotation

5. Resolution No. 5: Ratification of remuneration payable to Sanjay Gupta & Associates, Cost Accountants (FRN: 000212) for FY ended 31 March 2026

Voting Process and Methods

The e-voting facility was provided through National Securities Depository Limited (NSDL):

  • Remote e-voting period: Thursday, 30 July 2026 (9:30 AM IST) to Sunday, 2 August 2026 (5:00 PM IST)
  • E-voting at AGM: Facility provided during the meeting on 3 August 2026 for members attending through VC/OAVM who hadn't participated in remote e-voting
  • Voting unblocking: After AGM closure, e-voting data was downloaded in presence of independent witnesses Mr. Mohit K. Dixit and Mr. Ankit Tiwari

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 511,056
  • Shareholders attending meeting through VC: 18 (Promoters) + 267 (Public) = 285 total

Resolution-wise Results:

Resolution 1 (Financial Statements Adoption):

  • Total valid votes: 2,302,609,192
  • Votes in favor: 2,299,289,429 (99.8558%)
  • Votes against: 3,319,763 (0.1442%)

Resolution 2 (Dividend Declaration):

  • Total valid votes: 2,302,921,336
  • Votes in favor: 2,302,789,324 (99.9943%)
  • Votes against: 132,012 (0.0057%)

Resolution 3 (Re-appointment of Ashok Kumar Tyagi):

  • Total valid votes: 2,302,659,439
  • Votes in favor: 2,299,351,402 (99.8563%)
  • Votes against: 3,308,037 (0.1437%)

Resolution 4 (Re-appointment of Pia Singh):

  • Total valid votes: 2,279,697,181
  • Votes in favor: 2,267,691,174 (99.4734%)
  • Votes against: 12,006,007 (0.5266%)

Resolution 5 (Cost Auditor Remuneration Ratification):

  • Total valid votes: 2,302,913,944
  • Votes in favor: 2,302,780,973 (99.9942%)
  • Votes against: 132,971 (0.0058%)

Category-wise Voting Breakdown:

Promoter & Promoter Group (183,363,638 shares):

  • 100% voted in favor on all resolutions (100% participation)

Public Institutions (501,552,107 shares):

  • Participation: 87.97% on most resolutions
  • High approval rates: 99.28%-100% in favor across resolutions

Public Non-Institutions (140,123,214 shares):

  • Participation: ~20% across resolutions
  • Approval rates: 99.52%-99.53% in favor across resolutions

Scrutinizer's Role and Findings

CS Vineet K. Chaudhary (Membership No. F5327, C.P. No. 4548) and CS Deepak Kukreja (Membership No. F4140, C.P. No. 8265) were appointed as Scrutinizers to:

  • Scrutinize and ascertain requisite majority on all resolutions
  • Make a consolidated report in fair and transparent manner
  • Rely on reports generated from NSDL e-voting system
  • Certify that all resolutions were approved with requisite majority

Compliance Statements

The meeting was conducted in compliance with:

  • Section 108 of Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • MCA General Circulars (No. 14/2020, 17/2020, 20/2020, 02/2021, 21/2021, 2/2022, 10/2022, 9/2023, 9/2024, 03/2025)
  • SEBI Listing Regulations
  • Notice was sent electronically to members on 11 July 2026
  • Newspaper advertisements published in Financial Express (English) and Jansatta (Hindi) on 10 July 2026 and 12 July 2026