Meeting Details

  • Date: Monday, September 28, 2026
  • Time: 4:00 P.M. to 5:50 P.M. (including time for e-voting)
  • Location/Type: Conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Chairperson: Mr. Rashesh Shah, Chairman of the Board

Attendees

  • Directors Present: All directors were present except Mr. Venkatchalam Ramaswamy, who was absent due to prior commitments.
  • Other Attendees: Representatives of the Statutory Auditors and Secretarial Auditors were present.
  • New Director: Mr. Rajiv Jalota was welcomed as a new Independent Director.
  • Resignation: The Chairman noted that Mr. Ashok Kini stepped down as an Independent Director due to health reasons on April 30, 2026.

Summary of Proposed Resolutions and Business

Three items of Ordinary Business were proposed and approved by the shareholders with the requisite majority:

1. Adoption of Financial Statements (Ordinary Resolution):

  • a) Adoption of the audited Financial Statements for the financial year ended March 31, 2026, along with the Report of the Board and the Auditors.
  • b) Adoption of the audited Consolidated Financial Statements for the financial year ended March 31, 2026, along with the Report of the Auditors.

2. Declaration of Dividend (Ordinary Resolution): A dividend of Rs. 1.50 per equity share (face value of Re. 1 each) was declared.

3. Re-appointment of Director (Ordinary Resolution): Ms. Vidya Shah (DIN: 00274831) was re-appointed as a director retiring by rotation.

Voting Process

  • The meeting was conducted with a requisite quorum present.
  • A remote e-voting facility was provided to members for casting votes electronically.
  • The e-voting facility was scheduled to remain open for 15 minutes after the conclusion of the meeting.
  • The final results of the remote e-voting and the e-voting during the meeting were to be declared after the receipt of the Scrutinizer's Report.

Compliance and Reporting

  • The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI.
  • The outcome of the voting was to be intimated to the Stock Exchanges (BSE Limited and National Stock Exchange of India Limited) and to NSDL, the service provider.
  • The results were also to be uploaded on the company's website.

Other Proceedings

  • The Chairman made a presentation on the company's performance and outlook.
  • Members were invited to make observations, which were replied to by the Chairman.

Note on Data Availability

It is important to note that this document is a 'gist of proceedings' and not the formal minutes. Specific numerical voting outcomes, including total votes cast, percentage in favor/against, and a participation breakdown by shareholder category, are not provided in this source text. These results were pending the Scrutinizer's Report at the time of this disclosure.