Meeting Details
The 51st Annual General Meeting of Dynamatic Technologies Limited was held on Tuesday, 15th September 2026, from 14:30 PM IST to 16:45 PM IST through Video Conferencing (VC) / Other Audio Video Means (OAVM).
Attendance Statistics
- Total number of shareholders on record date (8th September 2026): 25,390
- Shareholders present through VC/OAVM: 69 (Promoters and Promoter Group: 11, Public: 58)
- No shareholders attended in person or through proxy
Key Participants
- Mr. Pierre de Bausset: Chairman of the Board who chaired the meeting
- Dr. Udayant Malhoutra: CEO & Managing Director who presented company performance
- Mr. Shivaram V: Chief Legal Officer and Company Secretary who handled compliance matters
- Statutory Auditors, Secretarial Auditors, and Scrutinizer participated through VC
Voting Process
Remote e-voting was conducted through KFin Technologies Limited from Saturday, 12th September 2026 (9:00 a.m. IST) to Monday, 14th September 2026 (5:00 p.m. IST). Electronic voting was also provided during the AGM.
Mr. Pramod S.M., Partner, BMP & Co. LLP, Practicing Company Secretaries, was appointed as the Scrutinizer to scrutinize the votes cast through remote e-voting and electronic voting at the AGM.
Resolutions Approved
All five resolutions set out in the AGM notice were approved by shareholders:
1. Ordinary Resolution: Adoption of Financial Statements for FY ended 31st March 2026
- A: Audited Standalone Financial Statements with Reports of Board of Directors and Auditors
- B: Audited Consolidated Financial Statements with Reports of Auditors
2. Ordinary Resolution: Appointment of Mr. James Tucker (DIN: 07093258) as director liable to retire by rotation
3. Ordinary Resolution: Declaration of Dividend
4. Special Resolution: Re-appointment of Dr. Udayant Malhoutra (DIN: 00053714) as CEO and Managing Director for a term of 5 years
5. Ordinary Resolution: Ratification of Cost Auditor's Remuneration
Voting Results Details
Resolution 1: Adoption of Financial Statements
- Total shares outstanding: 67,91,443
- Total votes polled: 39,20,156 (57.7220%)
- Votes in favor: 39,20,153 (99.9999%)
- Votes against: 3 (0.0001%)
- Promoter group voted 100% in favor with 28,13,307 votes
Resolution 2: Appointment of James Tucker
- Total votes polled: 39,20,156 (57.7220%)
- Votes in favor: 39,18,467 (99.9569%)
- Votes against: 1,689 (0.0431%)
- Public institutions voted 99.8474% in favor
Resolution 3: Declaration of Dividend
- Total votes polled: 39,20,156 (57.7220%)
- Votes in favor: 39,20,153 (99.9999%)
- Votes against: 3 (0.0001%)
- Unanimous approval across all shareholder categories
Resolution 4: Re-appointment of Dr. Udayant Malhoutra
- Total votes polled: 39,20,156 (57.7220%)
- Votes in favor: 39,20,153 (99.9999%)
- Votes against: 3 (0.0001%)
- Promoter group was interested in this resolution and voted 100% in favor
Resolution 5: Ratification of Cost Auditor's Remuneration
- Total votes polled: 39,20,156 (57.7220%)
- Votes in favor: 39,20,153 (99.9999%)
- Votes against: 3 (0.0001%)
Scrutinizer's Report
The consolidated scrutinizer's report dated 15th September 2026 was prepared by Mr. Pramod S M, Designated Partner of BMP & Co. LLP. The report confirmed:
- Remote e-voting was conducted in compliance with Section 108 of the Companies Act 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014
- Votes were unblocked on 15th September 2026 at 5:00 PM IST in the presence of two independent witnesses
- All resolutions were approved by the required majority
Additional Information
The proceedings of the AGM, voting results, and scrutinizer's report have been uploaded on the company's website (www.dynamatics.com) and on the website of KFin Technologies Limited (www.evoting.kfintech.com).