Meeting Details
The 33rd Annual General Meeting of Shareholders was held on Tuesday, 25 August, 2026 at 11:30 AM through Video Conferencing (VC) / Other Audio Visual Means (OAVM) and concluded at 12:19 PM.
Resolutions and Voting Results
Resolution 1: Adoption of Financial Statements
Ordinary resolution to receive, consider and adopt:
- Audited Standalone Financial Statements for financial year ended March 31, 2026
- Reports of Board of Directors and Auditors thereon
- Audited Consolidated Financial Statements for financial year ended March 31, 2026
- Report of Auditors on consolidated statements
Voting Results:
- Total valid votes: 531,601,883
- Votes in favor: 531,553,275 (99.991%)
- Votes against: 48,604 (0.009%)
- Result: Approved with requisite majority
Resolution 2: Re-appointment of Director
Ordinary resolution to re-appoint Mr. Ravinder Sachdeva (DIN: 10280805) who retires by rotation
Voting Results:
- Total valid votes: 531,601,933
- Votes in favor: 531,239,628 (99.932%)
- Votes against: 362,305 (0.068%)
- Result: Approved with requisite majority
Shareholder Participation Details
Overall Participation
- Total outstanding shares: 1,709,553,100
- Total votes polled: 531,601,883 shares
- Participation rate: 31.096% of outstanding shares
Category-wise Breakdown for Resolution 1:
Promoter and Promoter Group:
- Shares held: Not clearly specified in data
- Votes polled: 335,916,060 shares
- Votes in favor: 335,916,060 (100.000%)
- Votes against: 0 (0.000%)
Public Institutions:
- Shares held: 656,787
- Votes polled: 37,257 shares (5.673% of category holdings)
- Votes in favor: 37,257 (100.000%)
- Votes against: 0 (0.000%)
Public Non-Institutions:
- Shares held: 1,372,933,863
- Votes polled: 195,648,566 shares (14.250% of category holdings)
- Votes in favor: 195,599,962 (99.975%)
- Votes against: 48,604 (0.025%)
Scrutinizer Appointment and Process
Neeraj Arora, Proprietor of M/s Neeraj Arora & Associates, Practising Company Secretaries, was appointed as Scrutinizer to scrutinize the voting process including remote e-voting and e-voting during the AGM.
Remote E-voting Period:
- Commenced: Saturday, August 22, 2026 at 09:00 AM (IST)
- Ended: Monday, August 24, 2026 at 05:00 PM (IST)
- Platform: MUFG Intime India Private Limited e-voting platform
Cut-off Date: Tuesday, August 18, 2026 for shareholder eligibility
Vote Unblocking: Conducted in presence of two witnesses - Ms. Saika Parveen and Mr. Karan (not employees of the company)
Detailed Voting Breakdown
Resolution 1 - Voting Methods:
E-voting at AGM:
- Total votes received: 1,565,516 shares
- Invalid votes: 0
- Net valid votes: 1,565,516 shares
- Votes with assent: 1,565,516 (100.000%)
- Votes with dissent: 0 (0.000%)
Remote E-voting:
- Total votes received: 531,446,367 shares
- Invalid votes: 0
- Net valid votes: 531,446,367 shares
- Votes with assent: 531,397,763 (99.986%)
- Votes with dissent: 48,604 (0.009%)
- 1 shareholder voted partially in favor and partially against
Resolution 2 - Voting Methods:
E-voting at AGM:
- Total votes received: 155,516 shares
- Invalid votes: 0
- Net valid votes: 155,516 shares
- Votes with assent: 155,516 (100.000%)
- Votes with dissent: 0 (0.000%)
Remote E-voting:
- Total votes received: 531,446,417 shares
- Invalid votes: 0
- Net valid votes: 531,446,417 shares
- Votes with assent: 531,084,112 (99.932%)
- Votes with dissent: 362,305 (0.068%)
- 1 shareholder voted partially in favor and partially against