Meeting Details
The 92nd Annual General Meeting was held on Thursday, July 23, 2026, through Video Conferencing/Other Audio Visual Means (VC/OAVM).
- Start time: 11:30 AM
- End time: 12:00 PM
- Record date: 16-07-2026
- Total number of shareholders on record date: 2,893
- Meeting attendance: 1 promoter and 23 public shareholders attended via video conferencing
Scrutinizer Appointment
Ms. Zankhana Bhansali of M/s Zankhana Bhansali & Associates was appointed as Scrutinizer at the Board Meeting held on 30-06-2026. Her report was issued to the company on 25-07-2026.
Voting Process
Remote e-voting was conducted through NSDL from 9:00 AM on Monday, July 20, 2026, until 5:00 PM on Wednesday, July 22, 2026. Venue e-voting was conducted during the AGM.
Resolution Details
Seven resolutions were considered and all were passed:
Resolution 1: Ordinary Resolution
- Description: To receive, consider and adopt the audited standalone financial statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors
- Total shares voted: 11,300,111 out of 15,018,600 (75.2408%)
- Votes in favor: 11,300,042 (99.9994%)
- Votes against: 69 (0.0006%)
Resolution 2: Ordinary Resolution
- Description: To receive, consider and adopt the audited consolidated financial statements for FY ended March 31, 2026, with report of Auditors
- Total shares voted: 11,300,111 out of 15,018,600 (75.2408%)
- Votes in favor: 11,300,042 (99.9994%)
- Votes against: 69 (0.0006%)
Resolution 3: Ordinary Resolution
- Description: To appoint a director in place of Mr. Nikhil Vinod Mehta (DIN:00252482) who retires by rotation
- Total shares voted: 6,625,601 out of 15,018,600 (44.116%)
- Votes in favor: 6,625,532 (99.999%)
- Votes against: 69 (0.001%)
- Note: Votes from 1 member holding 4,674,510 equity shares were disregarded as related party interest
Resolution 4: Ordinary Resolution
- Description: To appoint a director in place of Mr. Jashwant Bhaichand Mehta (DIN:00235845) who retires by rotation
- Total shares voted: 11,300,111 out of 15,018,600 (75.2408%)
- Votes in favor: 11,300,042 (99.9994%)
- Votes against: 69 (0.0006%)
Resolution 5: Ordinary Resolution
- Description: Approval of Material Related Party Transactions up to ₹100 Crores
- Promoter interest: Yes
- Total shares voted: 677,723 out of 15,018,600 (4.5126%)
- Votes in favor: 677,654 (99.9898%)
- Votes against: 69 (0.0102%)
- Note: 4 members holding aggregate 10,062,388 equity shares across 7 folios abstained due to related party interest
Resolution 6: Special Resolution
- Description: Issue of Secured/Unsecured Redeemable Non-Convertible Debentures on Private Placement Basis
- Total shares voted: 11,300,111 out of 15,018,600 (75.2408%)
- Votes in favor: 11,300,042 (99.9994%)
- Votes against: 69 (0.0006%)
Resolution 7: Special Resolution
- Description: Alteration of Articles of Association of the Company
- Total shares voted: 11,300,111 out of 15,018,600 (75.2408%)
- Votes in favor: 11,300,042 (99.9994%)
- Votes against: 69 (0.0006%)
Shareholding Structure
- Promoter and Promoter Group: 11,077,956 shares
- Public Institutions: 8,550 shares
- Public Non-Institutions: 3,932,094 shares
- Total outstanding shares: 15,018,600