Meeting Details

The 44th Annual General Meeting was held on Friday, 4th September, 2026 at 11:30 A.M. (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting was convened pursuant to MCA and SEBI circulars, with physical attendance of members dispensed with.

Proposed Resolutions and Implications

All eight resolutions contained in the AGM Notice dated 28th May, 2026 were approved by shareholders with requisite majority:

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements for the financial year ended 31st March, 2026, together with Reports of the Board of Directors and Auditors

2. To declare dividend on preference shares and equity shares

3. To appoint Mr. Manish Goenka (DIN: 00363093) as Director who retires by rotation

4. To appoint Mr. Aditya V. Agarwal (DIN: 00149717) as Director who retires by rotation

Special Business:

5. To ratify remuneration of Cost Auditor for financial year ending 31st March, 2027

6. Revision in terms of remuneration of Mr. Manish Goenka, Vice-Chairman, for period from 1st April, 2026 to 30th June, 2026

7. Re-appointment of Mr. Manish Goenka as Whole-time Director (Vice Chairman) for 3 years w.e.f. 1st July, 2026

8. Revision in terms of remuneration of Mr. Aditya V. Agarwal, Executive Chairman

Voting Process and Methods

The voting process utilized two methods:

  • Remote e-voting facility offered by Central Depository Services (India) Limited (CDSL)
  • Electronic voting during the AGM for shareholders who did not cast votes through remote e-voting

The remote e-voting period commenced on Tuesday, 1st September, 2026 at 09:00 AM (IST) and ended on Thursday, 3rd September, 2026 at 05:00 PM (IST). Members holding shares either in physical or dematerialized form as on the cut-off date of Friday, 28th August, 2026 were entitled to vote.

Key Voting Outcomes

Total Shareholders on Record Date: 19,930

Attendance Through Video Conferencing:

  • Promoter & Promoter Group: 21 shareholders
  • Public: 57 shareholders
  • Total: 78 shareholders

Resolution-wise Voting Results:

Resolution 1 (Adoption of Financial Statements):

  • Total votes cast: 45,395,981 shares (75.0359% of outstanding shares)
  • Votes in favor: 45,395,973 shares (100.0000% of votes polled)
  • Votes against: 8 shares (0.0000% of votes polled)

Resolution 2 (Dividend Declaration):

  • Total votes cast: 45,395,981 shares (75.0359% of outstanding shares)
  • Votes in favor: 45,395,973 shares (100.0000% of votes polled)
  • Votes against: 8 shares (0.0000% of votes polled)

Resolution 3 (Re-appointment of Mr. Manish Goenka):

  • Total votes cast: 44,975,541 shares (74.3409% of outstanding shares)
  • Votes in favor: 44,975,394 shares (99.9997% of votes polled)
  • Votes against: 147 shares (0.0003% of votes polled)

Resolution 4 (Re-appointment of Mr. Aditya V. Agarwal):

  • Total votes cast: 45,389,128 shares (75.0245% of outstanding shares)
  • Votes in favor: 45,389,112 shares (100.0000% of votes polled)
  • Votes against: 16 shares (0.0000% of votes polled)

Resolution 5 (Cost Auditor Remuneration):

  • Total votes cast: 45,395,981 shares (75.0359% of outstanding shares)
  • Votes in favor: 45,395,973 shares (100.0000% of votes polled)
  • Votes against: 8 shares (0.0000% of votes polled)

Resolution 6 (Remuneration Revision - Mr. Manish Goenka):

  • Total votes cast: 44,975,541 shares (74.3409% of outstanding shares)
  • Votes in favor: 44,972,694 shares (99.9937% of votes polled)
  • Votes against: 2,847 shares (0.0063% of votes polled)

Resolution 7 (Re-appointment - Mr. Manish Goenka):

  • Total votes cast: 44,975,541 shares (74.3409% of outstanding shares)
  • Votes in favor: 44,975,321 shares (99.9995% of votes polled)
  • Votes against: 220 shares (0.0005% of votes polled)

Resolution 8 (Remuneration Revision - Mr. Aditya Agarwal):

  • Total votes cast: 45,389,128 shares (75.0245% of outstanding shares)
  • Votes in favor: 45,386,281 shares (99.9937% of votes polled)
  • Votes against: 2,847 shares (0.0063% of votes polled)

Scrutinizer's Role and Findings

Raj Kumar Banthia, Partner of MKB & Associates, Practicing Company Secretaries, was appointed as scrutinizer. Key findings:

  • 121 members cast votes through remote e-voting, all valid
  • No members voted electronically during the meeting
  • Votes cast electronically at the meeting were counted first, followed by unblocking of remote e-votes in presence of witnesses Ms. Payal Mundhara and Ms. Namrata Chandalia
  • The scrutinizer confirmed all resolutions passed with requisite majority
  • Remote e-voting register and related papers are under scrutinizer's safe custody

Compliance Confirmation

The voting process complied with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (LODR) Regulations, 2015
  • Applicable circulars issued by MCA and SEBI
  • Secretarial Standards on General Meetings

Additional Information

  • Company CIN: L21019WB1981PLC034161
  • Scrutinizer's UDIN: AO17190H001395985
  • Peer Review Certificate No.: 6825/2025
  • The notice was sent electronically on 10th August, 2026 to members whose email addresses were registered