Meeting Details

The 34th Annual General Meeting was held on Friday, September 25, 2026 at 11:00 A.M. (IST) through Video Conferencing/Other Audio Visual Means. The deemed venue for the AGM was the Registered Office of the Company at G-123, Sector-63, Noida, Uttar Pradesh-201307, India.

Proposed Resolutions and Implications

Four ordinary resolutions were proposed and passed:

1. Resolution No. 1: To receive, consider and adopt (a) the audited standalone financial statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors; and (b) the audited consolidated financial statements for FY ended March 31, 2026 with report of Auditors.

2. Resolution No. 2: To declare dividend of Re. 0.50 (Fifty paise only) per equity share of face value of Re. 1/- each for the financial year ended March 31, 2026.

3. Resolution No. 3: To appoint a director in place of Mr. Kailash Chandra Agarwal (DIN: 00895365), who retires from office by rotation and offered himself for reappointment.

4. Resolution No. 4: To ratify the remuneration of Cost Auditors for the financial year 2026-27.

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting prior to AGM: Conducted by Central Depository Services (India) Limited from Tuesday, September 22, 2026 at 09:00 A.M. (IST) to Thursday, September 24, 2026 at 05:00 P.M. (IST)
  • E-voting at the AGM: Facility was available during the meeting for members who had not voted remotely
  • Cut-off date for shareholder eligibility: Friday, September 18, 2026
  • Total number of shareholders on record date: 180,089

Key Voting Outcomes

Overall Participation

  • Total outstanding shares: 30,42,42,615
  • Total votes polled: 17,33,12,886 shares (56.9654% of outstanding shares)
  • Number of shareholders who voted: 325 (289 via remote e-voting + 36 at AGM)

Resolution-wise Results:

Resolution 1 - Adoption of Financial Statements

  • Total votes in favor: 17,30,31,136 (99.8369% of votes polled)
  • Total votes against: 2,81,750 (0.1626% of votes polled)
  • Category breakdown:
  • Promoter & Promoter Group: 11,85,02,404 votes (100% in favor)
  • Public Institutions: 2,70,09,150 votes (98.9598% in favor, 1.0402% against)
  • Public Non-Institutions: 2,78,01,332 votes (99.9971% in favor, 0.0029% against)

Resolution 2 - Dividend Declaration

  • Total votes in favor: 17,33,12,110 (99.9996% of votes polled)
  • Total votes against: 776 (0.0004% of votes polled)
  • Category breakdown:
  • Promoter & Promoter Group: 11,85,02,404 votes (100% in favor)
  • Public Institutions: 2,70,09,150 votes (100% in favor)
  • Public Non-Institutions: 2,78,01,332 votes (99.9972% in favor, 0.0028% against)

Resolution 3 - Director Reappointment

  • Total votes in favor: 17,31,31,979 (99.8956% of votes polled)
  • Total votes against: 1,80,907 (0.1044% of votes polled)
  • Category breakdown:
  • Promoter & Promoter Group: 11,85,02,404 votes (100% in favor)
  • Public Institutions: 2,70,09,150 votes (99.3344% in favor, 0.6656% against)
  • Public Non-Institutions: 2,78,01,332 votes (99.9959% in favor, 0.0041% against)

Resolution 4 - Cost Auditor Remuneration

  • Total votes in favor: 17,33,11,772 (99.9994% of votes polled)
  • Total votes against: 1,114 (0.0006% of votes polled)
  • Category breakdown:
  • Promoter & Promoter Group: 11,85,02,404 votes (100% in favor)
  • Public Institutions: 2,70,09,150 votes (100% in favor)
  • Public Non-Institutions: 2,78,01,332 votes (99.9960% in favor, 0.0040% against)

Shareholder Attendance

  • Shareholders present through Video Conferencing: 74 (8 Promoters & Promoter Group, 66 Public)
  • Physical attendance: Not applicable as AGM was held through Video Conference

Scrutinizer's Role and Findings

Sandeep Kumar Jain, Designated Partner of M/s ARMS and Associates LLP, Practicing Company Secretaries, was appointed as Scrutinizer. His responsibilities included:

  • Scrutinizing the remote e-voting process prior to and at the AGM
  • Ensuring fair and transparent voting process
  • Preparing consolidated scrutinizer's report based on data from CDSL e-voting system
  • Confirming all resolutions were passed with requisite majority

The e-voting results were unblocked on September 25, 2026 after the AGM conclusion in the presence of two witnesses (Mukesh Kumawat and Pawan Tyagi).

Compliance Confirmation

The voting process complied with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars dated April 08, 2020, April 13, 2020, June 15, 2020, September 28, 2020, December 31, 2020, June 23, 2021, December 08, 2021, May 05, 2022, December 28, 2022, September 25, 2023, September 19, 2024 and September 22, 2025
  • SEBI Circulars dated May 12, 2020, January 15, 2021, May 13, 2022, October 7, 2023 and October 3, 2024