Meeting Details

The 46th Annual General Meeting was held on Saturday, August 29, 2026, from 12:04 PM to 12:16 PM through Video Conferencing/Other Audio Visual Means. Record date was August 22, 2026, with 1,898 total shareholders on record.

Shareholder Participation

  • Promoters and promoter group: 4 attendees via video conferencing
  • Public shareholders: 14 attendees via video conferencing
  • No shareholders attended in person or through proxy

Scrutinizer Details

  • Name: Sandeep Dar
  • Firm: Sandeep Dar & Co.
  • Qualification: Company Secretary
  • Membership Number: 3159
  • Appointment Date: May 22, 2026
  • Report Issuance Date: August 31, 2026

Voting Process

Remote e-voting was conducted through Bigshare Services Private Limited from August 26, 2026 (9:00 AM) to August 28, 2026 (5:00 PM). E-voting facility was also provided during the AGM for shareholders who had not voted remotely.

Resolution Details

Resolution 1: Ordinary Resolution - Adoption of Financial Statements

  • Description: To receive, consider and adopt the Audited Financial Statements for the financial year ended March 31, 2026 with reports of Board of Directors and Auditors
  • Promoter interest: No
  • Result: Passed
  • Total votes polled: 4,123,625 (73.7336% of outstanding shares)
  • Votes in favor: 4,123,624 (100% of votes polled)
  • Votes against: 1 (0% of votes polled)
  • Promoter voting: 4,123,460 votes (100% in favor)
  • Public non-institution voting: 165 votes (164 in favor, 1 against)

Resolution 2: Ordinary Resolution - Re-appointment of Director

  • Description: To appoint Mr. Pranav Deepak Harlalka (DIN: 08290863) who retires by rotation under Section 152(6) of Companies Act, 2013
  • Promoter interest: Yes
  • Result: Passed
  • Total votes polled: 4,123,625 (73.7336% of outstanding shares)
  • Votes in favor: 4,123,624 (100% of votes polled)
  • Votes against: 1 (0% of votes polled)
  • Promoter voting: 4,123,460 votes (100% in favor)
  • Public non-institution voting: 165 votes (164 in favor, 1 against)

Resolution 3: Ordinary Resolution - Material Related Party Transactions

  • Description: To approve Material Related Party Transactions
  • Promoter interest: Yes
  • Result: Passed
  • Total votes polled: 165 (0.003% of outstanding shares)
  • Votes in favor: 164 (99.3939% of votes polled)
  • Votes against: 1 (0.6061% of votes polled)
  • Promoter voting: 0 votes
  • Public non-institution voting: 165 votes (164 in favor, 1 against)

Resolution 4: Special Resolution - Appointment of Independent Director

  • Description: To appoint Mr. Hitesh Nandlal Poddar (DIN: 11677641) as an Independent Director
  • Promoter interest: No
  • Result: Passed
  • Total votes polled: 4,123,625 (73.7336% of outstanding shares)
  • Votes in favor: 4,123,624 (100% of votes polled)
  • Votes against: 1 (0% of votes polled)
  • Promoter voting: 4,123,460 votes (100% in favor)
  • Public non-institution voting: 165 votes (164 in favor, 1 against)

Resolution 5: Special Resolution - Re-appointment as Whole Time Director

  • Description: To re-appoint Mr. Pranav Deepak Harlalka (DIN: 08290863) as Whole Time Director
  • Promoter interest: Yes
  • Result: Passed
  • Total votes polled: 4,123,625 (73.7336% of outstanding shares)
  • Votes in favor: 4,123,624 (100% of votes polled)
  • Votes against: 1 (0% of votes polled)
  • Promoter voting: 4,123,460 votes (100% in favor)
  • Public non-institution voting: 165 votes (164 in favor, 1 against)

Share Capital Structure

  • Total outstanding shares: 5,592,600
  • Promoter and promoter group holding: 4,193,460 shares (75%)
  • Public non-institutions holding: 1,399,140 shares (25%)
  • Public institutions holding: 0 shares

Scrutinizer Report Findings

  • No invalid votes were found in any resolution
  • All resolutions received overwhelming support with near-unanimous approval
  • The scrutinizer confirmed the voting process complied with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014