Meeting Details
The 53rd Annual General Meeting was held on Saturday, 29th August, 2026 at 01:00 P.M. at the Registered Office of the Company situated at Kanganwal Road V.P.O. Jugiana G.T. Road, Ludhiana-141120, Punjab.
Voting Process and Scrutinizer Appointment
Mrs. Pooja Damir Miglani, Practicing Company Secretary, was appointed as scrutinizer for both the e-voting process (held between 26.08.2026 to 28.08.2026) and the physical poll during the AGM. The e-voting was conducted through Central Depository Services (India) Ltd. (CDSL).
Record Date and Shareholder Composition
The record date was 22nd August, 2026. Total number of shareholders on record date: 3,165. Promoters and promoter group shareholders: 4. Public shareholders: 11 attended the meeting either in person or through proxy.
Total Share Capital
Total outstanding shares: 6,808,700
- Promoter and Promoter Group holding: 3,874,901 shares (56.9%)
- Public Institutions holding: 200 shares (0.003%)
- Public Non-Institutions holding: 2,933,599 shares (43.1%)
Resolution Voting Results
Item No. 1: Ordinary Resolution - Adoption of Financial Statements
To receive, consider and adopt the Financial Statements for the financial year ended on 31.03.2026 and the Reports of Board of Directors and Auditors thereon.
- Total votes polled: 3,893,920 (57.19% of outstanding shares)
- Votes in favor: 3,893,920 (100% of votes polled)
- Resolution: Passed
Item No. 2: Ordinary Resolution - Reappointment of Director
To appoint Director in place of Smt. Vaneera Garg (DIN: 01283990) who retires by rotation.
- Total votes polled: 3,893,920 (57.19% of outstanding shares)
- Votes in favor: 3,893,920 (100% of votes polled)
- Resolution: Passed
Item No. 3: Ordinary Resolution - Reappointment of Cost Auditors
Re-appointment of Cost Auditors of the Company.
- Total votes polled: 3,893,920 (57.19% of outstanding shares)
- Votes in favor: 3,893,920 (100% of votes polled)
- Resolution: Passed
Item No. 4: Ordinary Resolution - Material Related Party Transactions
To approve Material Related Party Transactions of the Company.
- Promoters were interested in this resolution and did not vote
- Total votes polled: 43,619 (0.64% of outstanding shares)
- Votes in favor: 43,619 (100% of votes polled)
- Resolution: Passed
Item No. 5: Special Resolution - Preferential Issue of Warrants
Issue of warrants convertible into equity shares to the proposed allottees, on a preferential basis.
- Total votes polled: 43,619 (0.64% of outstanding shares)
- Votes in favor: 43,619 (100% of votes polled)
- Resolution: Passed
Voting Pattern Analysis
Promoter and Promoter Group participation rate: 99.37% of their holding voted on items 1-3. Public Non-Institutions participation rate: 1.49% of their holding voted across all items. No votes were cast against any resolution. All resolutions received 100% affirmative votes from participating shareholders.
Scrutinizer Report Details
The scrutinizer issued separate reports dated 01.09.2026 on e-voting and poll results. The voting records will remain in the scrutinizer's safe custody until the chairman approves and signs the minutes of the 53rd AGM.