Meeting Details

The 29th Annual General Meeting was held on Wednesday, August 19, 2026, at 11:30 A.M. (IST) through Video Conference/Other Audio Visual Means in compliance with the Companies Act, 2013 and relevant circulars from the Ministry of Corporate Affairs and SEBI.

Shareholder Data

  • Total number of shareholders on record date (August 12, 2026): 60,097
  • Shareholders attended through video conferencing: Promoters - 7, Public - 55 (folio based)
  • Total outstanding shares: 5,22,37,138

Voting Results Summary

All 13 resolutions were passed with requisite majority. Total voter participation was 4,13,07,542 shares (79.0770% of outstanding shares).

Resolution Details

Resolution Item No. 1 - Ordinary Resolution

Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026

  • Total votes polled: 4,13,07,542 (79.0770%)
  • Votes in favor: 4,12,97,718 (99.9762%)
  • Votes against: 9,824 (0.0238%)
  • Promoters voted 100% in favor (3,00,08,139 shares)

Resolution Item No. 2 - Ordinary Resolution

Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026

  • Total votes polled: 4,13,07,542 (79.0770%)
  • Votes in favor: 4,12,97,745 (99.9763%)
  • Votes against: 9,797 (0.0237%)

Resolution Item No. 3 - Ordinary Resolution

Re-appointment of Mrs. Kaksha Vipul Parekh (DIN: 00235998) as director retiring by rotation

  • Total votes polled: 4,13,07,311 (79.0765%)
  • Votes in favor: 4,12,91,882 (99.9626%)
  • Votes against: 15,429 (0.0374%)

Resolution Item No. 4 - Ordinary Resolution

Re-appointment of Mr. Yash Parekh (DIN: 03514313) as director retiring by rotation

  • Total votes polled: 4,13,07,542 (79.0770%)
  • Votes in favor: 4,12,92,063 (99.9625%)
  • Votes against: 15,479 (0.0375%)

Resolution Item No. 5 - Ordinary Resolution

Appointment of Mr. Dinesh Vasu Thekkepanakkal (DIN: 11654033) as Director

  • Total votes polled: 4,13,07,542 (79.0770%)
  • Votes in favor: 4,12,92,159 (99.9628%)
  • Votes against: 15,383 (0.0372%)

Resolution Item No. 6 - Special Resolution

Appointment of Mr. Dinesh Vasu Thekkepanakkal as Whole-Time Director with remuneration effective May 21, 2026

  • Total votes polled: 4,13,07,542 (79.0770%)
  • Votes in favor: 4,12,91,471 (99.9611%)
  • Votes against: 16,071 (0.0389%)

Resolution Item No. 7 - Special Resolution

Appointment of Mr. Nandan Narula (DIN: 03466320) as Non-Executive Independent Director for 5 years effective May 21, 2026

  • Total votes polled: 4,13,07,542 (79.0770%)
  • Votes in favor: 4,12,91,105 (99.9602%)
  • Votes against: 16,437 (0.0398%)

Resolution Item No. 8 - Special Resolution

Approval of consultancy fees payable to Mr. Shrenik Kishorbhai Vora (DIN: 08688950) as Non-Executive Non-Independent Director

  • Total votes polled: 4,13,07,542 (79.0770%)
  • Votes in favor: 4,12,90,790 (99.9594%)
  • Votes against: 16,752 (0.0406%)

Resolution Item No. 9 - Ordinary Resolution

Ratification of remuneration payable to M/s. Y. R. Doshi & Associates Cost Accountants as Cost Auditors for FY 2026-27

  • Total votes polled: 4,13,07,542 (79.0770%)
  • Votes in favor: 4,12,97,671 (99.9761%)
  • Votes against: 9,871 (0.0239%)

Resolution Item No. 10 - Ordinary Resolution

Appointment of M/s. N. L. Bhatia & Associates, Practicing Company Secretaries as Secretarial Auditors

  • Total votes polled: 4,13,07,311 (79.0765%)
  • Votes in favor: 4,12,97,536 (99.9763%)
  • Votes against: 9,775 (0.0237%)

Resolution Item No. 11 - Special Resolution

Approval of remuneration payable to Mrs. Kaksha Vipul Parekh as Whole-Time Director and CFO for balance term

  • Total votes polled: 4,13,07,542 (79.0770%)
  • Votes in favor: 4,12,91,838 (99.9620%)
  • Votes against: 15,704 (0.0380%)

Resolution Item No. 12 - Special Resolution

Approval of remuneration payable to Mr. Yash Parekh as MD and CEO for balance term

  • Total votes polled: 4,13,07,542 (79.0770%)
  • Votes in favor: 4,12,91,865 (99.9620%)
  • Votes against: 15,677 (0.0380%)

Resolution Item No. 13 - Special Resolution

Approval of remuneration payable to Mr. Vipul Parekh (DIN: 00235974) as Whole-Time Director for balance term

  • Total votes polled: 4,13,07,042 (79.0760%)
  • Votes in favor: 4,12,91,911 (99.9634%)
  • Votes against: 15,131 (0.0366%)

Scrutinizer Appointment and Process

  • Vaibhav Dandawate (Membership No. A51538), Partner of M/s. Makarand M. Joshi & Co., Practicing Company Secretaries, was appointed as Scrutinizer
  • Remote e-Voting period: August 14, 2026 (9:00 AM) to August 18, 2026 (5:00 PM)
  • NSDL provided the remote e-Voting facility and conducted e-Voting during the AGM
  • Newspaper advertisements were published in Financial Express (English) and Mumbai Lakshadeep (Marathi) on July 29, 2026

Additional Notes

  • The votes cast do not include abstained votes
  • There were no invalid votes cast on any resolutions
  • Voting rights of Foreign Portfolio Investors who had not submitted additional disclosures by the prescribed period were restricted as per SEBI Master Circular No. SEBI/HO/AFD/AFD-PoD-2/P/CIR/2024/70 dated May 30, 2024

Documents Submitted

  • Voting results in prescribed format under Regulation 44(3) of Listing Regulations
  • Scrutinizer's Report dated August 19, 2026