Meeting Details

The 96th Annual General Meeting was held on Monday, 3rd August, 2026 at 11:00 A.M. through Video Conferencing/Other Audio-Visual Means. The cut-off date for determining shareholder eligibility to vote was Monday, 27th July, 2026, with 22,445 shareholders on record.

Proposed Resolutions and Implications

The AGM considered two ordinary resolutions:

1. Adoption of Audited Financial Statements for the year ended 31st March, 2026 and Reports of the Board of Directors and Auditors thereon

2. Re-appointment of Mr. Krishna Kumar Bangur (DIN: 00029427) as a Director who retires by rotation

Both resolutions were routine ordinary business matters without special implications for business restructuring or major corporate changes.

Voting Process and Methods

The remote e-voting period remained open from 9:00 a.m. on Friday, 31st July, 2026 to 5:00 p.m. on Sunday, 2nd August, 2026. The company also provided e-voting facility at the AGM for shareholders attending through VC/OAVM who had not voted remotely. CDSL (Central Depository Services India Limited) served as the authorized e-voting agency.

Key Voting Outcomes

Overall Results:

  • Total votes cast: 4,529,083 (75.9085% of outstanding shares)
  • Resolution 1: 99.9956% in favor (4,528,885 votes), 0.0044% against (198 votes)
  • Resolution 2: 99.9956% in favor (4,528,885 votes), 0.0044% against (198 votes)
  • Total members voted: 42 for each resolution

Participation Breakdown by Shareholder Category:

Promoters and Promoter Group:

  • Shares held: 4,474,875
  • Votes polled: 4,474,875 (100% participation)
  • 100% voted in favor of both resolutions

Public Institutions:

  • Shares held: 245,022
  • Votes polled: 52,300 (21.345% participation)
  • 100% voted in favor of both resolutions

Public Non-Institutions:

  • Shares held: 1,246,603
  • Votes polled: 1,908 (0.1531% participation)
  • 89.6226% voted in favor (1,710 votes), 10.3774% against (198 votes)

Meeting Attendance:

  • 3 Promoters and Promoter Group members attended through VC/OAVM
  • 59 Public shareholders attended through VC/OAVM

Scrutinizer's Role and Findings

Arup Kumar Roy, Practicing Company Secretary (Membership No. ACS 6784, CP No. 9597), was appointed as Scrutinizer by the Board of Directors at their meeting held on 27th May, 2026. His responsibilities included scrutinizing the e-voting process in a fair and transparent manner and ascertaining requisite majorities. He confirmed that all electronic votes were recorded in a register and that the resolutions secured requisite majority. The scrutinizer will maintain all voting records until the Chairman approves and signs the meeting minutes.

Compliance Confirmation

The disclosure confirms compliance with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended). The voting results and scrutinizer's report have been made available on the company's website at www.gkwltd.com.