Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

The 42nd Annual General Meeting was held on Wednesday, September 30, 2026, at 03:00 p.m. through Video Conference (VC) or Other Audio-Visual Means (OAVM) without physical presence of members.

Voting Process and Methods

Remote e-voting facility was provided to members from September 27, 2026 (9:00 a.m.) to September 29, 2026 (5:00 p.m.). E-voting facility was also provided to members who had not carried out remote e-voting but were present at the meeting through VC/OAVM.

The cut-off date for determining voting eligibility was Wednesday, September 23, 2026. The scrutinizer was Mayank Arora & Co., Company Secretaries, appointed to scrutinize the e-voting process.

Key Voting Outcomes

Resolution 1: Ordinary Resolution - Adoption of Financial Statements

  • Total votes cast: 79,988,712 shares
  • In favor: 79,988,700 shares (99.99%)
  • Against: 12 shares (0.01%)
  • Result: Passed

Resolution 2: Ordinary Resolution - Appointment of Mr. Ketan Kothari (DIN: 00230725) as Director

  • Total votes cast: 54,457,375 shares
  • In favor: 54,457,363 shares (99.99%)
  • Against: 12 shares (0.01%)
  • Promoter participation: 53,236,363 shares voted (67.59% of promoter holdings)
  • Result: Passed

Resolution 3: Ordinary Resolution - Approval of Material Related Party Transactions (Loans to Related Parties)

  • Total votes cast: 1,221,012 shares
  • In favor: 1,221,000 shares (99.99%)
  • Against: 12 shares (0.01%)
  • Promoter participation: 0 shares voted
  • Result: Passed

Resolution 4: Ordinary Resolution - Approval of Material Related Party Transactions (Acceptance of Loans from Related Parties)

  • Total votes cast: 1,221,012 shares
  • In favor: 1,221,000 shares (99.99%)
  • Against: 12 shares (0.01%)
  • Promoter participation: 0 shares voted
  • Result: Passed

Resolution 5: Ordinary Resolution - Approval of Material Related Party Transactions (Payments to/from Augmont Goldtech Private Limited)

  • Total votes cast: 1,221,012 shares
  • In favor: 1,221,000 shares (99.99%)
  • Against: 12 shares (0.01%)
  • Promoter participation: 0 shares voted
  • Result: Passed

Resolution 6: Special Resolution - Power to Borrow Funds (₹5,000 Crore)

  • Total votes cast: 79,988,712 shares
  • In favor: 79,988,700 shares (99.99%)
  • Against: 12 shares (0.01%)
  • Promoter participation: 78,767,700 shares voted (100% of promoter holdings)
  • Result: Passed

Resolution 7: Special Resolution - Increase in Threshold for Loans/Investments under Section 186

  • Total votes cast: 79,988,712 shares
  • In favor: 79,988,700 shares (99.99%)
  • Against: 12 shares (0.01%)
  • Promoter participation: 78,767,700 shares voted (100% of promoter holdings)
  • Result: Passed

Resolution 8: Special Resolution - Issue of Non-Convertible Debentures on Private Placement

  • Total votes cast: 79,988,712 shares
  • In favor: 79,988,700 shares (99.99%)
  • Against: 12 shares (0.01%)
  • Promoter participation: 78,767,700 shares voted (100% of promoter holdings)
  • Result: Passed

Resolution 9: Special Resolution - Continuation of Mr. Himadri Bhattacharya (DIN: 02331474) as Director post age 75

  • Total votes cast: 79,988,712 shares
  • In favor: 79,988,690 shares (99.99%)
  • Against: 22 shares (0.01%)
  • Promoter participation: 78,767,700 shares voted (100% of promoter holdings)
  • Result: Passed

Shareholder Participation Breakdown

  • Promoter and Promoter Group: Held 78,767,700 shares (56.21% of total)
  • Public Institutions: Held 0 shares
  • Public Non-Institutions: Held 61,376,288 shares (43.79% of total)
  • Total Outstanding Shares: 140,143,988 shares

Scrutinizer's Role and Findings

Mayank Arora & Co., Company Secretaries was appointed as Scrutinizer under Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014.

The scrutinizer verified:

  • Remote e-voting conducted from September 27-29, 2026
  • E-voting at AGM with no votes cast
  • Votes were unblocked after AGM conclusion witnessed by two independent witnesses
  • Electronic data and records will be handed over to the Company Secretary for preservation

Compliance Confirmation

The proceedings were submitted to stock exchanges in the format specified under Regulation 30 of SEBI LODR Regulations, 2015. The company confirmed compliance with applicable laws including Companies Act, 2013 and SEBI regulations.