Meeting Details

The 36th Annual General Meeting was held through Video Conferencing on Tuesday, 22nd September, 2026 at 4:00 PM. Record date for the meeting was 15th September, 2026.

Shareholder Participation

  • Total number of shareholders on record date: 86,769
  • Promoters and promoter group attendees through video conferencing: 15
  • Public shareholders attendees through video conferencing: 44
  • No shareholders attended in person or through proxy

Voting Results Summary

Five ordinary resolutions were considered and passed at the meeting:

Item No. 1(a): Adoption of Audited Standalone Financial Statements

  • Resolution: Ordinary
  • Promoter interest: No
  • Description: Adoption of the Audited Standalone Financial Statement of the Company for the Financial Year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon
  • Total votes polled: 309,990,257 shares (69.8084% of outstanding shares)
  • Votes in favor: 309,988,065 (99.9993% of votes polled)
  • Votes against: 2,192 (0.0007% of votes polled)
  • Result: Passed as Ordinary Resolution

Item No. 1(b): Adoption of Audited Consolidated Financial Statements

  • Resolution: Ordinary
  • Promoter interest: No
  • Description: Adoption of the Audited Consolidated Financial statement of the Company for the Financial Year ended March 31, 2026 and the report of Auditors thereon
  • Total votes polled: 310,110,529 shares (69.8355% of outstanding shares)
  • Votes in favor: 310,108,337 (99.9993% of votes polled)
  • Votes against: 2,192 (0.0007% of votes polled)
  • Result: Passed as Ordinary Resolution

Item No. 2: Declaration of Dividend

  • Resolution: Ordinary
  • Promoter interest: No
  • Description: Declaration of dividend on equity shares for the Financial Year ended March 31, 2026
  • Total votes polled: 310,110,529 shares (69.8355% of outstanding shares)
  • Votes in favor: 310,047,376 (99.9796% of votes polled)
  • Votes against: 63,153 (0.0204% of votes polled)
  • Result: Passed as Ordinary Resolution

Item No. 3: Re-appointment of Managing Director

  • Resolution: Ordinary
  • Promoter interest: No
  • Description: Re-appointment of Shri Madhav Bhageria, Managing Director of the Company, liable to retire by rotation
  • Total votes polled: 310,110,529 shares (69.8355% of outstanding shares)
  • Votes in favor: 310,098,464 (99.9961% of votes polled)
  • Votes against: 12,065 (0.0039% of votes polled)
  • Result: Passed as Ordinary Resolution

Item No. 4: Ratification of Cost Auditor Remuneration

  • Resolution: Ordinary
  • Promoter interest: No
  • Description: Ratification of remuneration of Cost Auditors for the Financial Year ending March 31, 2027
  • Total votes polled: 309,762,212 shares (69.7571% of outstanding shares)
  • Votes in favor: 309,704,069 (99.9812% of votes polled)
  • Votes against: 58,143 (0.0188% of votes polled)
  • Result: Passed as Ordinary Resolution

Scrutinizer Appointment and Report

Mr. K. O. Siddiqui (FCS 2229) of M/s. Siddiqui & Associates, Company Secretaries, New Delhi, was appointed as Scrutinizer for the voting process. The scrutinizer confirmed that all resolutions secured requisite majority and recommended they be considered passed.

Share Capital Structure

Total outstanding shares as of record date: 444,058,375 shares

  • Promoter and Promoter Group: 290,884,472 shares (65.51%)
  • Public Institutions: 43,466,857 shares (9.79%)
  • Public Non-Institutions: 109,707,046 shares (24.70%)