Meeting Details

  • Date: Friday, 3rd July 2026
  • Time: 10:00 a.m.
  • Location: Conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Type of Meeting: 92nd Annual General Meeting

Proposed Resolutions and Implications

Four ordinary resolutions were considered:

1. Adoption of Audited Standalone and Consolidated Financial Statements for FY ended 31st March 2026, along with Reports of Board of Directors and Auditors

2. Re-appointment of Smt. Prabhawati Devi Kothari (DIN: 00051860) as Director retiring by rotation

3. Declaration and approval of payment of dividend on 7.75% Cumulative Redeemable Preference Shares (CRPS) for financial years 2018-19 and 2019-20

4. Ratification of Remuneration of Cost Auditor

Voting Process and Methods

  • Remote e-voting period: 30th June 2026 (9:00 A.M.) to 2nd July 2026 (5:00 PM)
  • E-voting at AGM: Conducted during the meeting
  • Voting system provider: Central Depository Services (India) Limited (CDSL)
  • Cut-off date: 26th June 2026
  • Scrutinizer: Mr. Ashok Kumar Daga, Practicing Company Secretary
  • Votes unblocked: 3rd July 2026 at 12:45 p.m. at Kolkata

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 10,193
  • Shareholders present in meeting: 0 physically, 70 through VC/OAVM (9 Promoters, 61 Public)
  • Total votes cast: 14,741,147 shares (69.07% of outstanding shares)
  • Total issued shares: 21,342,346

Resolution-wise Results

Resolution 1: Adoption of Financial Statements

  • Total votes polled: 14,741,147 (69.07% of outstanding shares)
  • In favor: 14,739,444 votes (99.9884%)
  • Against: 1,703 votes (0.0116%)
  • Result: Passed

Resolution 2: Re-appointment of Director

  • Total votes polled: 14,673,272 (68.75% of outstanding shares)
  • In favor: 14,671,569 votes (99.9884%)
  • Against: 1,703 votes (0.0116%)
  • Result: Passed

Resolution 3: Dividend Payment on CRPS

  • Total votes polled: 14,741,147 (69.07% of outstanding shares)
  • In favor: 14,739,489 votes (99.9888%)
  • Against: 1,658 votes (0.0112%)
  • Result: Passed

Resolution 4: Ratification of Cost Auditor Remuneration

  • Total votes polled: 14,741,147 (69.07% of outstanding shares)
  • In favor: 14,739,444 votes (99.9884%)
  • Against: 1,703 votes (0.0116%)
  • Result: Passed

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares held: 14,737,277
  • Votes polled: 100% participation across all resolutions
  • Voting pattern: 100% in favor on all resolutions

Public Institutions

  • Shares held: 74,404
  • Votes polled: 0 across all resolutions (0% participation)

Public Non-Institutions

  • Shares held: 6,530,665
  • Votes polled: 3,870 shares (0.0593% participation)
  • Voting pattern: Approximately 56% in favor, 44% against across resolutions

Scrutinizer's Findings

Mr. Ashok Kumar Daga confirmed:

  • No instance of duplication of voting by members
  • Voting process was conducted properly through CDSL
  • All resolutions passed with requisite majority
  • Detailed member-wise voting statistics:
  • Resolution 1: 96 members in favor (14,739,444 votes), 21 against (1,703 votes)
  • Resolution 2: 95 members in favor (14,671,569 votes), 21 against (1,703 votes)
  • Resolution 3: 97 members in favor (14,739,489 votes), 20 against (1,658 votes)
  • Resolution 4: 96 members in favor (14,739,444 votes), 21 against (1,703 votes)

Compliance Statement

The disclosure confirms compliance with:

  • Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014