Disclosure under Regulation 44(3) of SEBI LODR Regulations, 2015
Meeting Details
Date: Saturday, 26th September, 2026
Location: Registered Office at Donear House, 8th Floor, Plot No. A-50, Road No. 1, MIDC, Andheri (East), Mumbai – 400 093
Type: 40th Annual General Meeting conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM) without physical presence of members
Record Date: 18-09-2026
Resolutions and Implications
Five resolutions were considered and passed with requisite majority:
Ordinary Business:
1. Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors
2. Declaration of final dividend of ₹0.20 per equity share for FY ended March 31, 2026
3. Re-appointment of Mr. Rajendra Agarwal (DIN: 00227233) as Director who retires by rotation
Special Business:
4. Ratification of remuneration payable to Cost Auditors for FY 2026-2027
5. Approval of Material Related Party Transaction with GBTL Limited
Voting Process and Methods
Remote e-voting: Provided through NSDL from September 23, 2026 (9:00 AM) to September 25, 2026 (5:00 PM)
E-voting during AGM: Provided for members present at AGM who did not cast votes through remote e-voting
Scrutinizer: Mr. Yogesh Sharma, Practicing Company Secretary, appointed to scrutinize e-voting process
Key Voting Outcomes
Total shareholders on record date: 16,714
Attendance through video conferencing:
- Promoters and Promoter group: 16
- Public: 21
Resolution-wise Voting Results:
Resolution 1 (Adoption of Financial Statements):
- Total votes cast: 39,555,872
- Votes in favor: 39,555,833 (99.9999%)
- Votes against: 39 (0.0001%)
- Promoter voting: 100% in favor (3,512,828 shares)
- Public non-institutions: 99.9991% in favor (4,427,549 shares)
Resolution 2 (Dividend Declaration):
- Total votes cast: 39,555,872
- Votes in favor: 39,555,833 (99.9999%)
- Votes against: 39 (0.0001%)
- Promoter voting: 100% in favor (3,512,828 shares)
- Public non-institutions: 99.9991% in favor (4,427,549 shares)
Resolution 3 (Director Re-appointment):
- Total votes cast: 39,555,872
- Votes in favor: 39,555,831 (99.9999%)
- Votes against: 41 (0.0001%)
- Promoter voting: 100% in favor (3,512,828 shares)
- Public non-institutions: 99.9991% in favor (4,427,547 shares)
Resolution 4 (Cost Auditor Remuneration):
- Total votes cast: 39,555,872
- Votes in favor: 39,555,831 (99.9999%)
- Votes against: 41 (0.0001%)
- Promoter voting: 100% in favor (3,512,828 shares)
- Public non-institutions: 99.9991% in favor (4,427,547 shares)
Resolution 5 (Related Party Transaction):
- Promoters were interested parties and did not vote
- Total votes cast: 231,712
- Votes in favor: 231,671 (99.9823%)
- Votes against: 41 (0.0177%)
- Public non-institutions: 99.9823% in favor (231,671 shares)
Scrutinizer's Report
Mr. Yogesh Sharma of Yogesh Sharma & Co. issued a consolidated scrutinizer's report confirming:
- All resolutions passed with requisite majority
- Related parties' votes on Resolution 5 were identified and excluded from final count
- Voting records handed over to Company Secretary for company records
- Remote e-voting conducted through NSDL platform
Compliance Confirmation
The proceedings complied with Companies Act, 2013, rules framed thereunder, and various circulars issued by Ministry of Corporate Affairs and SEBI.