Meeting Details

The 42nd Annual General Meeting was held on Wednesday, September 30, 2026 at 12:00 P.M. (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting concluded at 12:27 P.M. (IST).

Proposed Resolutions and Implications

Ordinary Business:

Resolution 1: To receive, consider and adopt (a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon (b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 and the report of Auditors' thereon.

Resolution 2: To approve re-appointment of Mr. Abhishek Narbaria (DIN: 01873087), as a director, who retires by rotation, and being eligible, offers himself for re-appointment.

Special Business:

Resolution 3: To shift the registered office of the Company.

Voting Process and Methods

The Company availed the e-voting facility offered by MUFG Intime India Private Limited, Registrar and Share Transfer Agent of the Company. The remote e-voting period commenced on Sunday, September 27, 2026 at 9:00 A.M. (IST) and ended on Tuesday, September 29, 2026 at 5:00 P.M. (IST). The Company also provided voting facility to shareholders present at the AGM through VC/OAVM who had not cast their votes earlier through remote e-voting facility. Members holding shares as on the cut-off date of Wednesday, September 23, 2026 were entitled to vote.

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 93,242,198
  • In favor: 86,595,302 votes (92.87%)
  • Against: 6,646,896 votes (7.13%)
  • Invalid votes: NIL
  • Number of members voted: 52 in favor, 10 against

Resolution 2: Re-appointment of Director

  • Total votes cast: 93,242,798
  • In favor: 91,576,704 votes (98.21%)
  • Against: 1,666,094 votes (1.79%)
  • Invalid votes: NIL
  • Number of members voted: 53 in favor, 9 against

Resolution 3: Shift of Registered Office

  • Total votes cast: 93,242,798
  • In favor: 93,212,506 votes (99.97%)
  • Against: 30,292 votes (0.03%)
  • Invalid votes: NIL
  • Number of members voted: 58 in favor, 4 against

Participation Breakdown by Shareholder Category

Total Shares Outstanding: 147,946,162

Total Votes Polled: 93,242,798 (63.0248% participation)

Resolution 1 Category-wise Breakdown:

Promoter and Promoter Group:

  • Shares held: 82,967,825
  • Votes polled: 82,963,855 (99.9952% of shares held)
  • Votes in favor: 82,963,855 (100% of votes polled)
  • Votes against: 0

Public Institutions:

  • Shares held: 15,568,084
  • Votes polled: 9,542,419 (61.2948% of shares held)
  • Votes in favor: 2,925,815 (30.6611% of votes polled)
  • Votes against: 6,616,604 (69.3389% of votes polled)

Public Non-Institutions:

  • Shares held: 49,410,253
  • Votes polled: 736,524 (1.4906% of shares held)
  • Votes in favor: 706,232 (95.8872% of votes polled)
  • Votes against: 30,292 (4.1128% of votes polled)

Scrutinizer's Role and Findings

Chirag Sachapara, Practicing Company Secretary (M. No. F13160 & C.P. No.: 22177), was appointed as Scrutinizer to monitor the remote e-voting and e-voting process. After the closure of e-voting at the AGM, the votes were unblocked in the presence of two witnesses: Mr. Manoj Pawar and Mr. Dharmil Malankiya. The scrutinizer diligently scrutinized and reviewed the remote e-voting prior to the AGM and e-voting during the AGM based on data downloaded from the MUFG e-voting system.

Compliance Confirmation

The voting was conducted in compliance with Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended, various MCA General Circulars, SEBI Circulars, and Regulation 44(3) of the SEBI (LODR) Regulations, 2015.

Additional Information

The voting results and scrutinizer's report are hosted on the company's website at www.efclimited.in. The company's registered office is at 6th Floor, VB Capitol Building, Range Hill Road, Opp. Hotel Symphony, Bhoslenagar, Shivajinagar, Pune-411007, Maharashtra, with CIN: L74110PN1984PLC216407.