Meeting Details
The 47th Annual General Meeting was held on Tuesday, August 25, 2026, at 11:00 AM through Video Conferencing/Other Audio Video Means (OAVM). The meeting ended at 11:17 AM on the same day.
Scrutinizer Appointment
Aishwarya Parekh, Practicing Company Secretary (Membership No: F13318), was appointed as scrutinizer at the board meeting held on July 24, 2026, to scrutinize the e-voting process for the AGM.
Voting Process
Remote e-voting was conducted through MUFG Intime India Private Limited (formerly Link Intime India Private Limited) from 9:00 AM on Friday, August 21, 2026, to 5:00 PM on Monday, August 24, 2026. The cut-off date for determining shareholder eligibility was August 18, 2026. Votes were unblocked from the remote e-voting website on August 25, 2026, at 11:58 AM in the presence of witnesses Sharvil Suthar and Jay Surti.
Shareholder Participation
Total shareholders on record date: 13,126
Shareholders present through video conferencing:
- Promoters and promoter group: 1
- Public: 33
Resolution Results
Resolution 1: Ordinary Resolution
Description: To receive, consider and adopt the audited standalone and consolidated financial statements of the company for the financial year ended on March 31, 2026, and the Reports of Board of Directors and Auditors thereon.
Result: Passed
Voting: 34 members voted with 33,395,034 votes (100% in favor, 0% against)
Resolution 2: Ordinary Resolution
Description: To appoint Mr. Rohan Vasantkumar Shah (DIN: 09154526), who retires by rotation and being eligible, offers himself for re-appointment.
Result: Passed
Voting: 33 members voted with 33,395,033 votes in favor (100%) and 1 vote against (0.00%)
Resolution 3: Ordinary Resolution
Description: To Approve Material Related Party Transaction(s) to be entered into by the Company
Result: Passed
Voting: 32 members voted with 3,395,033 votes in favor (100%) and 1 vote against (0.00%)
Note: Promoter/promoter group was interested in this resolution and did not vote.
Resolution 4: Ordinary Resolution
Description: To Approve Material Related Party Transaction(s) to be entered into by the Subsidiaries of The Company
Result: Passed
Voting: 32 members voted with 3,395,033 votes in favor (100%) and 1 vote against (0.00%)
Note: Promoter/promoter group was interested in this resolution and did not vote.
Resolution 5: Special Resolution
Description: Re-appointment of Mr. Rupesh Kantilal Savla (DIN: 00126303) as the Managing Director of the Company
Result: Passed
Voting: 33 members voted with 33,395,033 votes in favor (100%) and 1 vote against (0.00%)
Shareholding Pattern Analysis
Total outstanding shares: 40,004,580
Promoter and Promoter Group shares: 30,000,000 (74.99%)
Public Institutions shares: 1,955,158 (4.89%)
Public Non-Institutions shares: 8,049,422 (20.12%)
Additional Information
The scrutinizer's report was issued to the company on August 26, 2026. All electronic records containing lists of shareholders who voted through remote e-voting and voting at the AGM, segregated into "FOR" and "AGAINST" for each resolution, were submitted.
The reports are available on the company's website and MUFG Intime India Private Limited's website.