Meeting Details

The 32nd Annual General Meeting was held on Wednesday, September 30, 2026, at 3:00 P.M. through Video Conferencing/Other Audio Visual Means (VC/OAVM) Facility.

Proposed Resolutions and Implications

Four resolutions were proposed for shareholder approval:

1. Ordinary Resolution: To receive, consider, and adopt the Audited Standalone and Consolidated Financial Statements for the year ended March 31, 2026, along with Directors' and Auditors' Reports.

2. Ordinary Resolution: Re-appointment of Mr. Pradeep Dwivedi (DIN: 07780146) as a Director who retires by rotation.

3. Special Resolution: Re-appointment of Mr. Manmohan Kumar Sardana (DIN: 09294639) as an Independent Non-Executive Director.

4. Ordinary Resolution: Payment of remuneration to Independent Directors in accordance with Schedule V of the Companies Act, 2013.

Voting Process

The Company provided remote e-voting facility prior to the AGM, available from September 26, 2026 (9:00 AM) to September 29, 2026 (5:00 PM). E-voting was also conducted during the AGM for shareholders who had not voted remotely. Mr. C R Bhagwat, Practicing Company Secretary, was appointed as the Scrutinizer for both remote e-voting and e-voting at the AGM.

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 67,347
  • Shareholders attending meeting via VC/OAVM: 49 (Promoters: 5, Public: 44)
  • Total votes cast: 15,866,695 representing 16.5426% of outstanding shares

Resolution-wise Results

Resolution 1 (Ordinary - Financial Statements)

  • Total votes cast: 15,866,695
  • Votes in favor: 15,744,623 (99.2306%)
  • Votes against: 122,072 (0.7694%)
  • Promoter & Promoter Group: 15,585,751 votes (100% in favor)
  • Public Institutions: 0 votes cast
  • Public Non-Institutions: 280,944 votes cast (56.5493% in favor, 43.4507% against)

Resolution 2 (Ordinary - Re-appointment of Pradeep Dwivedi)

  • Total votes cast: 15,866,695
  • Votes in favor: 15,737,740 (99.1873%)
  • Votes against: 128,955 (0.8127%)
  • Promoter & Promoter Group: 15,585,751 votes (100% in favor)
  • Public Institutions: 0 votes cast
  • Public Non-Institutions: 280,944 votes cast (54.0994% in favor, 45.9006% against)

Resolution 3 (Special - Re-appointment of Manmohan Kumar Sardana)

  • Total votes cast: 15,866,695
  • Votes in favor: 15,736,331 (99.1784%)
  • Votes against: 130,364 (0.8216%)
  • Promoter & Promoter Group: 15,585,751 votes (100% in favor)
  • Public Institutions: 0 votes cast
  • Public Non-Institutions: 280,944 votes cast (53.5979% in favor, 46.4021% against)

Resolution 4 (Ordinary - Remuneration to Independent Directors)

  • Total votes cast: 15,866,695
  • Votes in favor: 15,836,480 (99.8096%)
  • Votes against: 30,215 (0.1904%)
  • Promoter & Promoter Group: 15,585,751 votes (100% in favor)
  • Public Institutions: 0 votes cast
  • Public Non-Institutions: 280,944 votes cast (89.2452% in favor, 10.7548% against)

Scrutinizer's Role and Findings

Mr. C R Bhagwat, Practicing Company Secretary, was appointed as Scrutinizer. His report dated October 1, 2026, confirmed that:

  • All resolutions were duly approved by shareholders with requisite majority
  • The voting process complied with Section 108 of the Companies Act, 2013
  • Remote e-voting was conducted through Central Depository Services (India) Limited
  • For members who voted both remotely and at the AGM, the remote e-vote was treated as valid

Compliance Confirmation

The disclosure confirms compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.