Meeting Details
The 39th Annual General Meeting was held on Wednesday, September 30, 2026, through video conferencing/other audio visual means (VC/OAVM) at 3:00 PM. The cutoff date for determining shareholder eligibility was September 23, 2026.
Shareholder Participation
Total shareholders as on cutoff date: 50,499
Shareholders present in meeting (in person or through proxy): Not Available
Shareholders attended through Video Conferencing: 96 (3 Promoters & Promoter Group, 93 Public)
Proposed Resolutions and Implications
Four ordinary resolutions were proposed and passed:
Resolution 1: Adoption of Audited Financial Statements
- Ordinary resolution to adopt audited standalone and consolidated financial statements for FY ended March 31, 2026, together with reports of Board of Directors and Auditors
- Promoters not interested in this resolution
Resolution 2: Re-appointment of Director
- Ordinary resolution to appoint Mr. Rishi Pilani (DIN: 00901627) as director who retires by rotation
- Promoters not interested in this resolution
Resolution 3: Appointment of Statutory Auditors
- Ordinary resolution to appoint M/s. Samria Kabra and Associates, Chartered Accountants (Firm Registration No. 109043W) as statutory auditors
- Promoters not interested in this resolution
Resolution 4: Ratification of Cost Auditors' Remuneration
- Ordinary resolution for ratification of remuneration of cost auditors for FY 2026-27
- Promoters not interested in this resolution
Voting Process and Methods
The mode of voting for all resolutions was remote e-voting/e-voting conducted at the AGM. The company availed e-voting facility offered by Central Depository Services (India) Limited (CDSL). The remote e-voting period commenced on Sunday, September 27, 2026 at 10:00 AM and ended on Tuesday, September 29, 2026 at 05:00 PM.
Key Voting Outcomes
Resolution 1: Adoption of Financial Statements
| Category | Shares Held | Votes Polled | % Polled | Votes For | Votes Against | % For | % Against |
| Promoter & Promoter Group | 28,086,979 | 28,034,877 | 99.81% | 28,034,877 | 0 | 100.00% | 0.00% |
| Public - Institutions | 1,637,519 | 808,047 | 49.35% | 808,047 | 0 | 100.00% | 0.00% |
| Public - Non Institutions | 42,264,923 | 2,238,042 | 5.30% | 2,237,889 | 153 | 99.99% | 0.01% |
| TOTAL | 71,989,421 | 31,080,966 | 43.17% | 31,080,813 | 153 | 100.00% | 0.00% |
Resolution 2: Re-appointment of Director
| Category | Shares Held | Votes Polled | % Polled | Votes For | Votes Against | % For | % Against |
| Promoter & Promoter Group | 28,086,979 | 28,034,877 | 99.81% | 28,034,877 | 0 | 100.00% | 0.00% |
| Public - Institutions | 1,637,519 | 808,047 | 49.35% | 808,047 | 0 | 100.00% | 0.00% |
| Public - Non Institutions | 42,264,923 | 2,238,042 | 5.30% | 2,237,889 | 153 | 99.99% | 0.01% |
| TOTAL | 71,989,421 | 31,080,966 | 43.17% | 31,080,813 | 153 | 100.00% | 0.00% |
Resolution 3: Appointment of Statutory Auditors
| Category | Shares Held | Votes Polled | % Polled | Votes For | Votes Against | % For | % Against |
| Promoter & Promoter Group | 28,086,979 | 28,034,877 | 99.81% | 28,034,877 | 0 | 100.00% | 0.00% |
| Public - Institutions | 1,637,519 | 808,047 | 49.35% | 808,047 | 0 | 100.00% | 0.00% |
| Public - Non Institutions | 42,264,923 | 2,238,042 | 5.30% | 2,237,889 | 153 | 99.99% | 0.01% |
| TOTAL | 71,989,421 | 31,080,966 | 43.17% | 31,080,813 | 153 | 100.00% | 0.00% |
Resolution 4: Ratification of Cost Auditors' Remuneration
| Category | Shares Held | Votes Polled | % Polled | Votes For | Votes Against | % For | % Against |
| Promoter & Promoter Group | 28,086,979 | 28,034,877 | 99.81% | 28,034,877 | 0 | 100.00% | 0.00% |
| Public - Institutions | 1,637,519 | 808,047 | 49.35% | 808,047 | 0 | 100.00% | 0.00% |
| Public - Non Institutions | 42,264,923 | 2,238,042 | 5.30% | 2,237,789 | 253 | 99.99% | 0.01% |
| TOTAL | 71,989,421 | 31,080,966 | 43.17% | 31,080,713 | 253 | 100.00% | 0.00% |
Scrutinizer's Role and Findings
Vijay Kumar Mishra of VKM & Associates, Practising Company Secretaries, was appointed as Scrutinizer on September 02, 2026 to conduct the remote e-voting process. The scrutinizer's report confirms:
- Notice dated September 02, 2026 was sent to shareholders with material facts under Section 102 of Companies Act, 2013
- Remote e-voting was conducted through CDSL platform
- Votes were unblocked in presence of two witnesses not employed by the company
- All resolutions were passed with majority of votes
Scrutinizer's Detailed Results:
Resolution 1: 165 members voted representing 31,080,813 valid votes (99.9995% in favor), 3 members voted against representing 153 votes (0.0005%)
Resolution 2: 165 members voted representing 31,080,813 valid votes (99.9995% in favor), 3 members voted against representing 153 votes (0.0005%)
Resolution 3: 165 members voted representing 31,080,813 valid votes (99.9995% in favor), 3 members voted against representing 153 votes (0.0005%)
Resolution 4: 164 members voted representing 31,080,713 valid votes (99.9992% in favor), 4 members voted against representing 253 votes (0.0008%)
No votes were declared invalid in any resolution.
Compliance Confirmation
The document confirms compliance with Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended by Companies (Management and Administration) Amendment Rules, 2015, and Regulation 44 of SEBI (LODR) Regulations, 2015.