Meeting Details
- Date of Meeting: September 28, 2026
- Type of Meeting: 43rd Annual General Meeting (AGM)
- Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
- Start Time: 11:45 AM
- End Time: 12:38 PM
- Record Date: September 21, 2026
Proposed Resolutions and Implications
Four resolutions were considered at the meeting:
1. Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements for the financial year ended March 31, 2026, including the Audited Balance Sheet, statement of Profit and Loss Accounts, Cash Flow, and Reports of the Board and Auditors.
2. Ordinary Resolution: To appoint a Director in place of Shri Saket Jaipuria (DIN 02458923) who retires by rotation and offers himself for re-appointment.
3. Special Resolution: Confirmation to hold the office of the Managing Director by Shri Shishir Jaipuria who shall be attaining the age of 70 years on April 7, 2027, during his tenure of 3 years effective April 1, 2026.
4. Special Resolution: Re-appointment of Mr. Suresh Singhvi as the Whole Time Director of the Company for a period of 1 year effective August 1, 2026.
Voting Process and Methods
- Remote e-voting: Conducted by Central Depository Services (India) Limited (CDSL)
- Remote e-voting period: September 25, 2026 (9:00 AM) to September 27, 2026 (5:00 PM)
- E-voting during AGM: Available for members who attended the meeting and had not voted through remote e-voting
- Total shareholders on record date: 25,223
Key Voting Outcomes
Resolution 1: Adoption of Financial Statements (Ordinary Resolution)
- Total votes cast: 59,828,786 shares (69.8526% of outstanding shares)
- Votes in favor: 59,828,786 shares (100%)
- Votes against: 0 shares (0%)
Resolution 2: Re-appointment of Saket Jaipuria (Ordinary Resolution)
- Total votes cast: 53,692,778 shares (62.6885% of outstanding shares)
- Votes in favor: 53,692,778 shares (100%)
- Votes against: 0 shares (0%)
Resolution 3: Confirmation of Shishir Jaipuria as MD (Special Resolution)
- Total votes cast: 43,039,726 shares (50.2507% of outstanding shares)
- Votes in favor: 43,039,706 shares (99.9995% of votes polled)
- Votes against: 20 shares (0.0005% of votes polled)
Resolution 4: Re-appointment of Suresh Singhvi (Special Resolution)
- Total votes cast: 59,828,786 shares (69.8526% of outstanding shares)
- Votes in favor: 59,828,766 shares (99.9997% of votes polled)
- Votes against: 20 shares (0.0003% of votes polled)
Participation Breakdown by Shareholder Category
Overall Participation
- Promoters present through VC: 3 shareholders
- Public present through VC: 84 shareholders
- Promoters present in person/proxy: 0 shareholders
- Public present in person/proxy: 0 shareholders
Resolution 1 Voting Breakdown
- Promoter & Promoter Group: 59,717,283 shares voted (100% in favor)
- Public Institutions: 3,870 shares voted (0% participation)
- Public Non-Institutions: 115,069 shares voted (100% in favor)
Scrutinizer's Role and Findings
- Name: Jatin Gupta
- Firm: Jatin Gupta & Associates
- Qualification: CS
- Membership Number: 5651
- Date of Board Meeting Appointment: July 28, 2026
- Date of Report Issuance: September 28, 2026
The scrutinizer verified that:
- The e-voting process complied with Section 108 and 110 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014
- Votes were unblocked in the presence of two witnesses (Mr. Sumit Kumar and Mr. Nitin Dawar)
- All resolutions were passed with the requisite majority
- No invalid votes were recorded across any shareholder category
Compliance with Laws and Regulations
The meeting was conducted in compliance with:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Companies Act, 2013 and relevant rules
- MCA Circular Nos. 14/2020, 17/2020, 20/2020, 09/2023, 09/2024, and 03/2025
- SEBI circulars on conducting meetings through video conferencing
- Secretarial Standard - 2 issued by ICSI
Additional Information
- The AGM notice was sent on August 31, 2026, by email to all members who had registered their email IDs
- The notice and annual report were available on the company website (www.ginnifilaments.com) and NSE website
- The scrutinizer will maintain voting records until the Chairman specifies otherwise