Meeting Details

The 16th Annual General Meeting was held on Wednesday, September 30, 2026, from 11:00 A.M. to 11:23 A.M. IST through Video Conference (VC) / Other Audio-Visual Means (OAVM).

Proposed Resolutions and Implications

Four resolutions were proposed for shareholder approval:

1. Ordinary Business: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors.

2. Ordinary Business: To reappoint Mr. Rohit Ramanand Pareek (DIN: 10881263) as a Director who retires by rotation under Section 152(6) of the Companies Act, 2013.

3. Special Business: Appointment of M/s. Ketan Vyas & Comp Secretaries as the Secretarial Auditors of the Company.

4. Special Business: Approval for Related Party Transactions.

Voting Process and Methods

The voting process utilized both remote e-voting and e-voting during the AGM through the platform provided by Central Depository Services (India) Limited (CDSL). The remote e-voting period commenced on Sunday, September 27, 2026, at 09:00 A.M. IST and concluded on Tuesday, September 29, 2026, at 05:00 P.M. IST. The cut-off date for determining shareholder eligibility to vote was Wednesday, September 23, 2026.

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 67,030,651
  • In favor: 67,030,591 votes (100.00%)
  • Against: 60 votes (0.00%)
  • Total members voting: 82

Resolution 2: Reappointment of Director

  • Total votes cast: 67,030,651
  • In favor: 67,030,433 votes (100.00%)
  • Against: 218 votes (0.00%)
  • Total members voting: 82

Resolution 3: Appointment of Secretarial Auditor

  • Total votes cast: 67,030,651
  • In favor: 67,030,641 votes (100.00%)
  • Against: 10 votes (0.00%)
  • Total members voting: 82

Resolution 4: Approval for Related Party Transactions

  • Total valid votes cast: 4,169,921
  • In favor: 4,153,659 votes (99.61%)
  • Against: 16,262 votes (0.39%)
  • Total members voting: 76
  • Invalid/Abstained votes: 62,860,730 (promoter and promoter group votes considered invalid)

Scrutinizer's Role and Findings

Vipin Kumar Chhawchhriya, proprietor of M/s VC & Associates, Practicing Company Secretary (Membership Number A39361, Certificate of Practice 14655), was appointed as scrutinizer. The scrutinizer confirmed that all resolutions were passed with the requisite majority. The electronic data and relevant records were maintained under the scrutinizer's safe custody and will be handed over to the Managing Director and Chairman & CS for preservation after the Chairman approves and signs the AGM minutes.

Compliance Confirmation

The voting process was conducted in compliance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.