Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Godavari Biorefineries Limited

Meeting Details

The Seventy-First Annual General Meeting was held on Monday, 28th September, 2026 through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting commenced at 11:30 AM and concluded at 11:49 AM. The record date for determining shareholders entitled to vote was 21st September, 2026.

Proposed Resolutions and Implications

The AGM considered and voted on 10 resolutions covering:

1. Adoption of audited financial statements for FY ended March 31, 2026

2. Reappointment of Dr. Raman Ramchandran (DIN: 00200297) as director

3. Reappointment of Mr. Suhas Godage (DIN: 09227610) as director

4. Reappointment and remuneration of Mr. Samir S. Somaiya as Managing Director

5. Reappointment and remuneration of Mr. Suhas Godage as Executive Director

6. Appointment of Mr. Dinesh Sharma (DIN: 11675064) as director

7. Appointment and remuneration of Mr. Dinesh Sharma as Executive Director

8. Ratification of remuneration payable to Cost Auditor

9. Contribution to Charitable and other funds

10. Acceptance of Deposits

Voting Process and Methods

Voting was conducted through two methods:

  • Remote e-voting: Available from 9:00 AM on Friday, September 25, 2026 to 5:00 PM on Sunday, September 27, 2026 (205 members voted)
  • Electronic voting at AGM: Conducted for 15 minutes after the meeting proceedings (1 member voted)

The e-voting was conducted through NSDL, and votes were unblocked on September 28, 2026 after the AGM conclusion, witnessed by CS Nandini Parekh and CS Amee Yagnik.

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 90,578
  • Total shares outstanding: 51,175,977
  • Total votes polled: 37,979,193 shares (74.2129% participation)
  • Promoter & Promoter Group participation: 100% (32,400,110 shares voted)
  • Public Institutions participation: 97.8349% (5,101,896 of 5,214,802 shares voted)
  • Public Non-Institutions participation: 3.5188% (477,187 of 13,561,065 shares voted)

Resolution-wise Results

Resolution 1 (Ordinary) - Adoption of Financial Statements

  • Total votes in favor: 37,978,966 (99.9994%)
  • Votes against: 227 (0.0006%)
  • Passed: Yes

Resolution 2 (Ordinary) - Reappointment of Dr. Raman Ramchandran

  • Total votes in favor: 37,978,698 (99.9987%)
  • Votes against: 484 (0.0013%)
  • Passed: Yes

Resolution 3 (Ordinary) - Reappointment of Mr. Suhas Godage

  • Total votes in favor: 37,978,698 (99.9986%)
  • Votes against: 538 (0.0014%)
  • Passed: Yes

Resolution 4 (Special) - Reappointment of Mr. Samir S. Somaiya as MD

  • Total votes in favor: 35,299,011 (92.9431%)
  • Votes against: 2,680,133 (7.0569%)
  • Passed: Yes
  • Promoters interested: Yes

Resolution 5 (Special) - Reappointment of Mr. Suhas Godage as ED

  • Total votes in favor: 37,977,917 (99.9968%)
  • Votes against: 1,227 (0.0032%)
  • Passed: Yes

Resolution 6 (Ordinary) - Appointment of Mr. Dinesh Sharma

  • Total votes in favor: 37,978,737 (99.9989%)
  • Votes against: 407 (0.0011%)
  • Passed: Yes

Resolution 7 (Special) - Appointment of Mr. Dinesh Sharma as ED

  • Total votes in favor: 37,978,683 (99.9989%)
  • Votes against: 407 (0.0011%)
  • Passed: Yes

Resolution 8 (Ordinary) - Ratification of Cost Auditor Remuneration

  • Total votes in favor: 37,978,817 (99.9991%)
  • Votes against: 324 (0.0009%)
  • Passed: Yes

Resolution 9 (Ordinary) - Contribution to Charitable Funds

  • Total votes in favor: 35,503,424 (93.4814%)
  • Votes against: 2,475,717 (6.5186%)
  • Passed: Yes

Resolution 10 (Special) - Acceptance of Deposits

  • Total votes in favor: 35,504,222 (93.4837%)
  • Votes against: 2,474,838 (6.5163%)
  • Passed: Yes

Scrutinizer's Role and Findings

Tushar Shridharani & Associates LLP (Practicing Company Secretaries) was appointed as Scrutinizer by the Board of Directors at its meeting held on August 5, 2026. The scrutinizer:

  • Verified the remote e-voting process conducted through NSDL
  • Supervised the electronic voting during the AGM
  • Generated detailed reports of voting patterns for each resolution
  • Confirmed the validity and accuracy of the voting process
  • Issued the consolidated scrutinizer's report on September 29, 2026

Compliance Confirmation

The voting process and results disclosure comply with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA circulars dated September 22, 2025, September 19, 2024, and other relevant circulars
  • SEBI circulars on e-voting and virtual meetings

Additional Information

  • The company had 90,578 shareholders on the record date
  • 16 promoter group members and 75 public shareholders attended the meeting through video conferencing
  • No invalid votes were recorded across any shareholder category
  • The notice for the AGM was dated August 5, 2026
  • The scrutinizer's report was issued on September 29, 2026