Meeting Details

The 41st Annual General Meeting was held on September 29, 2026, from 09:00 a.m. to 09:30 a.m. at Hotel Ocean Inn, Plot No. 20, Devka Beach, Nani Daman (U.T.) - 396 210. The record date for determining shareholder eligibility was September 23, 2026.

Proposed Resolutions and Implications

Five resolutions were proposed and approved:

1. Ordinary Resolution: To receive, consider and adopt the Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors

2. Ordinary Resolution: To appoint Mr. Rajesh Shukla (DIN: 08690226) as Director who retires by rotation

3. Special Resolution: To consider and approve the re-appointment of Mr. Sorabh Gupta (DIN: 05124195) as an Independent Director

4. Special Resolution: To alter the Articles of Association of the Company

5. Special Resolution: To approve the continuation of Mr. Pravin V. Sheth (DIN: 00138797) as a Non-Executive Non-Independent Director pursuant to Regulation 17(1A) of SEBI LODR Regulations

Voting Process and Methods

The voting process utilized two methods:

  • Remote E-voting: Conducted through MUFG Intime India Private Limited (RTA) from September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
  • Physical Polling: Conducted during the AGM on September 29, 2026, for shareholders present who had not voted remotely

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 22,410
  • Shareholders present physically: 37 (5 Promoters & Promoter Group, 32 Public)
  • No shareholders attended through video conferencing

Resolution-wise Results

Resolution 1 (Ordinary - Financial Statements Adoption)

  • Total votes cast: 14,273,476 (49.575% of outstanding shares)
  • Votes in favor: 14,245,482 (99.8039%)
  • Votes against: 27,994 (0.1961%)
  • Promoter participation: 13,511,252 votes (99.7529% of their holding)

Resolution 2 (Ordinary - Director Re-appointment)

  • Total votes cast: 14,273,476 (49.575% of outstanding shares)
  • Votes in favor: 14,245,482 (99.8039%)
  • Votes against: 27,994 (0.1961%)

Resolution 3 (Special - Independent Director Re-appointment)

  • Total votes cast: 14,273,476 (49.575% of outstanding shares)
  • Votes in favor: 14,245,482 (99.8039%)
  • Votes against: 27,994 (0.1961%)

Resolution 4 (Special - Articles Alteration)

  • Total votes cast: 14,273,476 (49.575% of outstanding shares)
  • Votes in favor: 14,245,382 (99.8032%)
  • Votes against: 28,094 (0.1968%)

Resolution 5 (Special - Director Continuation)

  • Total votes cast: 9,014,149 (31.3081% of outstanding shares)
  • Votes in favor: 8,986,055 (99.6883%)
  • Votes against: 28,094 (0.3117%)
  • Note: Promoters were interested in this resolution and voted only through poll (8,251,925 votes, 100% in favor)

Category-wise Breakdown

Promoter & Promoter Group

  • Shares held: 13,544,720
  • Total votes polled: 13,511,252 (99.7529% participation)
  • 100% voted in favor of all resolutions

Public Institutions

  • Shares held: 101,748
  • No votes cast in any resolution

Public Non-Institutions

  • Shares held: 15,145,242
  • Total votes polled: 762,224 (5.0328% participation)
  • Majority supported all resolutions with 96.32-96.33% in favor for most resolutions

Scrutinizer's Report

Mr. Ritesh Sharma of M/s Ritesh Sharma & Associates (Firm Name), Company Secretary (Membership No. 20742), was appointed as Scrutinizer by the Board of Directors on August 14, 2026. His report dated September 30, 2026, confirmed:

  • The e-voting system was provided by MUFG Intime India Private Limited (RTA)
  • 55 members voted in favor across most resolutions, while 7-8 voted against depending on the resolution
  • No invalid votes were recorded in any category
  • All electronic data and records remain in the scrutinizer's custody until minutes are approved

Compliance Confirmation

The voting process complied with:

  • Section 108 and 109 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Rule 21(2) of the Companies (Management and Administration) Rules, 2014

Additional Information

  • Company CIN: L25209DD1985PLC004694
  • Manufacturing plant certified for ISO 9001:2015, 14001:2015, ISO 45001:2018
  • Results accessible on company website: www.fiberwebindia.com