Scrutinizer Appointment and Process

CS Manoj Rajaram Hurkat, Practising Company Secretary, was appointed as Scrutinizer to scrutinize remote e-voting and e-voting during the AGM pursuant to Sections 108 & 109 of the Companies Act, 2013 read with Rules 20 & 21 of the Companies (Management and Administration) Rules, 2014. The process followed MCA Circulars dated May 5, 2020, April 8, 2020, April 13, 2020, January 13, 2021, May 5, 2022, December 28, 2022, September 25, 2023, September 19, 2024, September 22, 2025, and SEBI Master Circular No. SEBI/HO/CFD/POD2/1/3762/2026 dated January 30, 2026.

Voting Process Details

Remote E-voting Period: June 21, 2026 (9:00 AM) to June 24, 2026 (5:00 PM)

Cut-off Date: June 18, 2026

Votes Unblocked: June 25, 2026 at 11:25 AM in presence of two witnesses: 1) Shilpa Mulchandani, residing at B-801, Kirti Living, Near Navrangpura, Ahmedabad - 380009, and 2) Dhara Patel, residing at 2nd Floor, New Era, Near Shivranjani, Ahmedabad - 380015.

E-voting System Provider: Central Depository Services (India) Limited (CDSL)

Resolution-wise Voting Results

Resolution No. 1: Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026

Total Votes: 353 members representing 464,176,998 shares

  • In Favor: 353 members (100% of votes) representing 464,176,998 shares (99.99%)
  • Against: 9 members representing 44,277 shares (0.01%)
  • Invalid/Unutilized: 2 members representing 250,749 shares (0.05%)

Resolution No. 2: Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026

Total Votes: 353 members representing 464,176,998 shares

  • In Favor: 353 members (100% of votes) representing 464,176,998 shares (99.99%)
  • Against: 9 members representing 44,272 shares (0.01%)
  • Invalid/Unutilized: 2 members representing 254,790 shares (0.05%)

Resolution No. 3: Declaration of Dividend for FY ended March 31, 2026

Total Votes: 360 members representing 466,728,144 shares

  • In Favor: 360 members (100% of votes) representing 466,728,144 shares (100%)
  • Against: 4 members representing 14,616 shares (Negligible)
  • Invalid/Unutilized: Nil

Resolution No. 4: Re-appointment of Mr. Raman Chopra (DIN: 00954190) as Director

Total Votes: 329 members representing 457,926,033 shares

  • In Favor: 329 members (100% of votes) representing 457,926,033 shares (98.11%)
  • Against: 35 members representing 880,357 shares (1.89%)
  • Invalid/Unutilized: Nil

Resolution No. 5: Appointment of Deloitte Haskins & Sells LLP as Statutory Auditors for 5 years

Total Votes: 340 members representing 464,648,899 shares

  • In Favor: 340 members (100% of votes) representing 464,648,899 shares (99.99%)
  • Against: 24 members representing 208,071 shares (0.45%)
  • Invalid/Unutilized: Nil

Documentation and Records

A compact disk (CD)/Excel Sheets containing detailed lists of equity shareholders who voted "For", "Against", and invalid votes for each resolution, along with resolutions received from corporate shareholders, will be returned to the company for safe keeping. All relevant records will be handed over to the Company Secretary authorized by the Board.