Meeting Details

The 17th Annual General Meeting was held on Wednesday, August 19, 2026 through Video Conferencing/Other Audio-Visual Means without physical presence of members. The meeting commenced at 12:00 Noon IST and concluded at 12:55 PM IST. The deemed venue was the Registered Office of the Company at B1/B2, 7th Floor, 701, Marathon Innova, Ganpatrao Kadam Marg, Lower Parel, Mumbai–400 013.

Resolutions Considered

The following resolutions from the AGM Notice dated May 19, 2026 were considered:

Ordinary Business:

  • Resolution 1(a): Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 together with Report of Board of Directors and Auditors
  • Resolution 1(b): Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 together with Report of Auditors
  • Resolution 2: Appointment of Mr. Sahil Dalal (DIN: 07350808) as Director liable to retire by rotation

Special Business:

  • Resolution 3: Ratification of remuneration payable to Cost Auditor for Financial Year ending March 31, 2027

All resolutions were ordinary resolutions.

Voting Process

The company provided e-voting facility through National Securities Depository Limited (NSDL). Remote e-voting was available from Sunday, August 16, 2026 at 09:00 AM IST to Tuesday, August 18, 2026 at 05:00 PM IST. Additionally, e-voting was open for 15 minutes from the conclusion of the AGM (from 12:55 PM to 01:10 PM IST) for members who joined the meeting but had not cast their votes remotely.

Attendance and Participation

Total 54 members were present at the AGM. The following directors attended:

  • Mr. Sahil Dalal (Non-Executive, Non-Independent Director) - via video conference from Mumbai, India
  • Mr. Vinod Rao (Non-Executive, Independent Director, Chairman of Audit Committee and Risk Management Committee) - via video conference from London, UK
  • Mrs. Gurveen Singh (Non-Executive, Independent Director, Chairperson of Nomination and Remuneration Committee and Corporate Social Responsibility Committee) - via video conference from Dubai, UAE
  • Mr. Shashank Samant (Non-Executive, Independent Director) - via video conference from Santa Clara, United States of America
  • Mr. Homi Katgara (Non-Executive, Independent Director) - in person at Registered Office

Key Managerial Personnel present:

  • Mr. Gaurav Khandelwal (Chief Financial Officer) - in person at Registered Office
  • Ms. Shilpa Jain (Company Secretary & Compliance Officer) - in person at Registered Office

Invitees:

  • Mr. Nilesh Shah (Representative of Deloitte Haskins & Sells LLP, Statutory Auditors) - via video conference from Mumbai
  • Mr. Milin Ramani (Representative of M/s. Mihen Halani & Associates, Practising Company Secretaries - Secretarial Auditor & Scrutiniser) - via video conference from Mumbai

Scrutiniser Appointment

M/s. Mihen Halani & Associates, Practicing Company Secretaries were appointed as Scrutiniser for scrutinising the e-voting process in a fair and transparent manner. The Scrutiniser's Report will be placed on the websites of BSE Limited, National Stock Exchange of India Limited, Company's website, and NSDL's website.

Additional Proceedings

The meeting included a Question and Answer session where Registered Speaker Members expressed views/queries, which were responded to by the Managing Director & CEO. The Chairman delivered a message to members and thanked them for their participation and constructive suggestions.