Mode: Conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
Record Date: Friday, September 11, 2026
Total Shareholders on Record Date: 250,328
Voting Process
Remote E-voting Period: Saturday, September 19, 2026 (9:00 AM IST) to Monday, September 21, 2026 (5:00 PM IST)
E-voting at AGM: Instapoll facility provided for members who attended but didn't vote remotely
Scrutinizer: Sridhar Mudaliar (CS, Membership No. 6156) of SVD and Associates
Scrutinizer Appointment Date: August 6, 2026
Scrutinizer Report Date: September 23, 2026
Resolution Details and Voting Outcomes
Resolution 1: Adoption of Financial Statements
Type: Ordinary
Description: To receive, consider and adopt (a) Audited Standalone Financial Statements for FY26 and Reports of Board of Directors and Auditors, and (b) Audited Consolidated Financial Statements for FY26 and Report of Auditors
Total Votes Cast: 457,923,647 (73.8019% of outstanding shares)
In Favor: 457,922,632 (99.9998%)
Against: 1,015 (0.0002%)
Result: Passed
Resolution 2: Dividend Declaration
Type: Ordinary
Description: To declare dividend on equity shares for FY26
Total Votes Cast: 458,066,340 (73.8249% of outstanding shares)
In Favor: 458,065,326 (99.9998%)
Against: 1,014 (0.0002%)
Result: Passed
Resolution 3: Director Re-appointment
Type: Ordinary
Description: To re-appoint Mr. Rambabu Sanka (DIN: 11218997) who retires by rotation
Total Votes Cast: 458,066,104 (73.8248% of outstanding shares)
In Favor: 457,927,455 (99.9697%)
Against: 138,649 (0.0303%)
Result: Passed
Resolution 4: Cost Auditor Remuneration
Type: Ordinary
Description: Ratification of remuneration paid to M/s. S.R. Bhargave & Co., Cost Auditors for FY27
Total Votes Cast: 458,066,115 (73.8248% of outstanding shares)
In Favor: 458,063,870 (99.9995%)
Against: 2,245 (0.0005%)
Result: Passed
Resolution 5: Non-Executive Director Remuneration
Type: Ordinary
Description: Revision in remuneration payable to Non-Executive Directors
Total Votes Cast: 458,066,104 (73.8248% of outstanding shares)
In Favor: 457,477,578 (99.8715%)
Against: 588,526 (0.1285%)
Result: Passed
Shareholder Participation Breakdown
Promoter and Promoter Group
Total Shares: 325,568,485
Votes Cast: 322,107,315 (98.9369% of promoter shares)
Unanimous Approval: All five resolutions received 100% favorable votes from promoters
Public Institutions
Total Shares: 106,050,573
Votes Cast: 94,680,050 (89.2386% of institution shares for Resolution 1)
High Approval: >99.85% favor for all resolutions except Resolution 5 (99.3873%)
Public Non-Institutions
Total Shares: 188,857,847
Votes Cast: 41,178,282 (21.8039% of non-institution shares for Resolution 1)
Significant Opposition: Resolution 5 received 26.3296% against votes in physical polling
Scrutinizer's Findings
Invalid Votes: 5,467,775 votes from Public Institutions category
Abstentions: Ranged from 2-238 shares across different resolutions
Partial Voting: Noted for Resolution 1 (1 shareholder with 2 shares split vote) and Resolution 3 (1 shareholder with 996,825 shares split vote)
Non-Voting: 1 shareholder holding 738,058 shares did not vote for 5,733 shares across all resolutions
Compliance Confirmation
Conducted in compliance with Section 108 of Companies Act, 2013 and Rules 20 & 21 of Companies (Management and Administration) Rules, 2014
Followed MCA Circulars dated April 8, 2020, April 13, 2020, May 5, 2020, and September 22, 2025
Adhered to SEBI Listing Regulations and Master Circular dated January 30, 2026
Notice disseminated through email, company website (https://www.finolexpipes.com/), and RTA website (https://evoting.kfintech.com/)
