Meeting Details

The 37th Annual General Meeting was held on September 16, 2026, from 12:00 PM to 12:36 PM IST through Video Conferencing/Other Audio Visual Means. Record date was September 9, 2026, with 2,684 total shareholders on record.

Attendance

  • Promoters and promoter group: 7 attendees through video conferencing
  • Public shareholders: 29 attendees through video conferencing
  • No shareholders attended in person or through proxy

Scrutinizer Appointment

CS Subodh More of Subodh More & Associates (Membership No. 28897) was appointed as scrutinizer on July 28, 2026, and issued his report on September 16, 2026.

Voting Results Overview

Total outstanding shares: 6,200,000

Total votes polled: 4,949,680 (79.8335% of outstanding shares)

Total shareholders voting: 43 members

Resolution 1: Adoption of Financial Statements

  • Ordinary resolution to receive, consider and adopt Audited Financial Statements for FY ended March 31, 2026, with reports of Board of Directors and Auditors
  • Votes in favor: 4,949,667 (100% of valid votes cast)
  • Votes against: 13 (0.0003% of valid votes cast)
  • Resolution passed: Yes

Resolution 2: Re-appointment of Director

  • Ordinary resolution to re-appoint Mrs. Varsha J. Vakharia (DIN: 00052361) who retired by rotation
  • Votes in favor: 4,949,667 (100% of valid votes cast)
  • Votes against: 13 (0.0003% of valid votes cast)
  • Resolution passed: Yes

Resolution 3: Appointment of Auditors

  • Ordinary resolution to appoint M/s. Panchal S K & Associates, Chartered Accountants (FRN: 145989W) as Statutory Auditors
  • Votes in favor: 4,949,667 (100% of valid votes cast)
  • Votes against: 13 (0.0003% of valid votes cast)
  • Resolution passed: Yes

Resolution 4: Appointment of Independent Director

  • Special resolution to approve appointment of Mr. Sanjay Rasiklal Dholakia (DIN: 11831235) as Independent Director
  • Votes in favor: 4,949,667 (100% of valid votes cast)
  • Votes against: 13 (0.0003% of valid votes cast)
  • Resolution passed: Yes

Voting Breakdown by Category

Promoter and Promoter Group:

  • Shares held: 4,617,437
  • Votes polled: 4,585,037 (99.2983% of shares held)
  • All votes in favor: 4,585,037 (100%)

Public - Non Institutions:

  • Shares held: 1,582,563
  • Votes polled: 364,643 (23.0413% of shares held)
  • Votes in favor: 364,630 (99.9964%)
  • Votes against: 13 (0.0036%)

Public Institutions:

  • No shares held or votes cast

Scrutinizer Report Details

The remote e-voting period commenced on September 13, 2026 (9:00 AM IST) and ended on September 15, 2026 (5:00 PM IST) through NSDL e-voting system. Votes were unblocked on September 16, 2026, at 12:37 PM IST in presence of two witnesses. The scrutinizer confirmed all resolutions passed with requisite majority.