Meeting Details

The 85th Annual General Meeting was held on Tuesday, 18th August 2026 at 11:00 AM IST at 1st Floor, Piramal Tower, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013.

Mr. Sunil Adukia was elected as Chairman of the Meeting. The meeting commenced with requisite quorum present and concluded at 11:15 AM.

Shareholder Participation

Total number of shareholders on record date: 66

Shareholders present in meeting: 5 (1 Promoter, 4 Public)

Shareholders attended through video conferencing: Not applicable

Voting Results

All seven resolutions set out in the AGM notice were passed with requisite majority and 100% approval votes:

Resolution 1: Ordinary Resolution

To receive, consider and adopt the Audited Financial Statements for Financial Year ended March 31, 2026 and Reports of Board of Directors and Auditors thereon.

  • Total votes polled: 204,038 shares (85.0158% of outstanding shares)
  • Votes in favor: 204,038 shares (100%)
  • Votes against: Nil

Resolution 2: Ordinary Resolution

To declare final dividend on equity shares for Financial Year ended March 31, 2026.

  • Total votes polled: 204,038 shares (85.0158% of outstanding shares)
  • Votes in favor: 204,038 shares (100%)
  • Votes against: Nil

Resolution 3: Ordinary Resolution

To appoint Mr. Sunil Adukia (DIN: 00020049) as Director who retires by rotation under Section 152(6) of Companies Act, 2013.

  • Total votes polled: 204,038 shares (85.0158% of outstanding shares)
  • Votes in favor: 204,038 shares (100%)
  • Votes against: Nil

Resolution 4: Ordinary Resolution

Reappointment of Statutory Auditors.

  • Total votes polled: 204,038 shares (85.0158% of outstanding shares)
  • Votes in favor: 204,038 shares (100%)
  • Votes against: Nil

Resolution 5: Special Resolution

Re-appointment of Mr. Snehal Parikh (DIN: 00467965) as Non-Executive Independent Director.

  • Total votes polled: 204,038 shares (85.0158% of outstanding shares)
  • Votes in favor: 204,038 shares (100%)
  • Votes against: Nil

Resolution 6: Special Resolution

Confirmation of revised certificate issued under Regulation 45 of SEBI Listing Regulations, 2015.

  • Total votes polled: 204,038 shares (85.0158% of outstanding shares)
  • Votes in favor: 204,038 shares (100%)
  • Votes against: Nil

Resolution 7: Special Resolution

Authority to make loans and investments under Section 186 of Companies Act, 2013.

  • Total votes polled: 204,038 shares (85.0158% of outstanding shares)
  • Votes in favor: 204,038 shares (100%)
  • Votes against: Nil

Shareholding Structure

Total outstanding shares: 240,000

  • Promoter and Promoter Group: 178,535 shares (74.39%)
  • Public Institutions: Nil shares
  • Public Non-Institutions: 61,465 shares (25.61%)

Scrutinizer Appointment and Process

Mr. Bhaskar B Upadhyay, Partner of M/s. N L Bhatia & Associates, Practicing Company Secretaries, was appointed as Scrutinizer at the Board Meeting held on 10th July 2026.

Remote e-voting was conducted through NSDL from Saturday, August 15, 2026 at 9:00 AM to Monday, August 17, 2026 at 5:00 PM.

Out of 67 members entitled to vote, 8 members cast votes through remote e-voting, and no members voted during the AGM via ballot.

The scrutinizer's report confirmed all resolutions passed with 100% approval from the 204,038 shares voted.