Event Details
The 32nd Annual General Meeting was held on Thursday, August 6, 2026 at 12:15 p.m. (IST) at the Registered Office of the Company at Dwarikesh Nagar – 246 762, District Bijnor, Uttar Pradesh.
Scrutinizer Appointment
Vijay Kumar Mishra of VKM & Associates, Practising Company Secretaries, was appointed as Scrutinizer by the Board of Directors on May 14, 2026 to conduct the remote e-voting process pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014.
Voting Process Details
- Record date for voting eligibility: Thursday, July 30, 2026
- Remote e-voting period: Monday, August 3, 2026 at 9:00 a.m. to Wednesday, August 5, 2026 at 5:00 p.m.
- E-voting facility provided by Central Depository Services (India) Limited (CDSL)
- Physical voting by ballot poll conducted at the AGM venue for shareholders present who had not voted remotely
- Total members who voted: Ranged from 179 to 203 across different resolutions
Resolution Voting Results
Resolution 1: Ordinary Resolution - Adoption of Audited Financial Statements for FY26
- In Favor: 203 members, 79,458,486 votes (99.96%)
- Against: 10 members, 33,013 votes (0.04%)
- Invalid: Nil
Resolution 2: Ordinary Resolution - Re-appointment of Shri B. J. Maheshwari (DIN: 00002075)
- In Favor: 197 members, 79,643,462 votes (99.98%)
- Against: 16 members, 14,170 votes (0.02%)
- Invalid: Nil
Resolution 3: Ordinary Resolution - Declaration of Dividend for FY26
- In Favor: 202 members, 79,620,194 votes (99.95%)
- Against: 11 members, 37,438 votes (0.05%)
- Invalid: Nil
Resolution 4: Ordinary Resolution - Re-appointment of Shri Gautam R. Morarka (DIN: 00002078) as Executive Chairman
- In Favor: 197 members, 51,385,856 votes (99.97%)
- Against: 16 members, 14,170 votes (0.03%)
- Invalid: Nil
Resolution 5: Special Resolution - Fix remuneration of Shri Gautam R. Morarka
- In Favor: 179 members, 50,082,802 votes (97.44%)
- Against: 32 members, 1,317,224 votes (2.56%)
- Invalid: Nil
Resolution 6: Ordinary Resolution - Ratify remuneration of Cost Auditors M/s. Ramanath Iyer & Co. (Firm Reg. No.000019) for FY27
- In Favor: 197 members, 79,642,772 votes (99.98%)
- Against: 16 members, 14,680 votes (0.02%)
- Invalid: Nil
Scrutinizer Certification
The scrutinizer's report was certified by Vijay Kumar Mishra, Practising Company Secretary (PR. No.: 1846/2022, Membership No. 5023) with UDIN: F005023H001040596, dated August 6, 2026 from Mumbai.