Meeting Details

The 3rd AGM was held on Friday, August 28, 2026 at 11:30 AM conducted through Video Conferencing/Other Audio Visual Means. The cut-off date for determining voting rights was August 21, 2026.

Voting Process and Scrutinizer Appointment

The company appointed Kanwaljit Singh Thanewal, Practicing Company Secretary (CP No. 5870, FCS No. 5901), as Scrutinizer to oversee the e-voting process. Remote e-voting was conducted through M/s MUFG Intime India Private Limited from August 25, 2026 (9:00 AM) to August 27, 2026 (5:00 PM). E-voting was also available during the AGM for members who had not voted remotely.

Resolution Voting Results

Resolution 1 - Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) as at 31st March 2026 together with Reports of the Board of Directors and Auditor's thereon.

  • Total shares outstanding: 20,499,600
  • Total votes polled: 16,106,200 (78.5684% of outstanding shares)
  • Votes in favor: 16,106,200 (100% of votes polled)
  • Votes against: 0
  • Result: Passed

Resolution 2 - Ordinary Resolution: To appoint a director in place of Mr. Ashok Mehta (DIN: 00058188) who retires by rotation and being eligible, offers himself for reappointment.

  • Promoter & Promoter Group: 15,272,400 shares held, 15,265,000 votes polled (99.9515%), all in favor
  • Public Institutions: 15,600 shares held, 0 votes polled
  • Public Non-Institutions: 5,211,600 shares held, 841,200 votes polled (16.1409%), all in favor
  • Total votes polled: 16,106,200 (78.5684% of outstanding shares)
  • Votes in favor: 16,106,200 (100% of votes polled)
  • Result: Passed

Resolution 3 - Special Resolution: To extend Unsecured Loan To M/S Emmforce Mobility Solutions Private Limited.

  • Promoter & Promoter Group: 15,272,400 shares held, 0 votes polled (excluded as interested parties)
  • Public Institutions: 15,600 shares held, 0 votes polled
  • Public Non-Institutions: 5,211,600 shares held, 841,200 votes polled (16.1409%), all in favor
  • Total votes polled: 841,200 (4.1035% of outstanding shares)
  • Votes in favor: 841,200 (100% of votes polled)
  • Result: Passed

Resolution 4 - Ordinary Resolution: To approve Material Transactions with Related Parties.

  • Promoter & Promoter Group: 15,272,400 shares held, 0 votes polled (excluded as interested parties)
  • Public Institutions: 15,600 shares held, 0 votes polled
  • Public Non-Institutions: 5,211,600 shares held, 841,200 votes polled (16.1409%), all in favor
  • Total votes polled: 841,200 (4.1035% of outstanding shares)
  • Votes in favor: 841,200 (100% of votes polled)
  • Result: Passed

Resolution 5 - Special Resolution: To Re-Appoint Mr. Ashok Mehta as Managing Director of the Company.

  • Total votes polled: 16,106,200 (78.5684% of outstanding shares)
  • Votes in favor: 16,106,200 (100% of votes polled)
  • Result: Passed

Resolution 6 - Special Resolution: To Re-Appoint Mr. Azeez Mehta as Wholetime Director of the Company.

  • Total votes polled: 16,106,200 (78.5684% of outstanding shares)
  • Votes in favor: 16,106,200 (100% of votes polled)
  • Result: Passed

Scrutinizer's Consolidated Report Details

The scrutinizer provided detailed voting breakdowns:

  • Resolution 1: 23 members cast 16,106,200 valid votes, all in favor (100%)
  • Resolution 3: 16 members cast 841,200 valid votes, all in favor (100%). 15,265,000 promoter votes were excluded as related parties.
  • Resolution 4: 16 members cast 841,200 valid votes, all in favor (100%). 15,265,000 promoter votes were excluded as related parties.
  • Resolution 5: 23 members cast 16,106,200 valid votes, all in favor (100%)
  • Resolution 6: 23 members cast 16,106,200 valid votes, all in favor (100%)

Note on Related Party Voting

The scrutinizer explicitly noted that the applicability of Section 188 of the Companies Act and SEBI (LODR) Regulations regarding non-voting by interested parties on related-party resolutions was not considered in the report compilation, and the management should declare results after considering these provisions.