Meeting Details

  • Symbol (NSE): GOYALALUM
  • Type of Meeting: Annual General Meeting (AGM)
  • Date of Meeting: Wednesday, September 30, 2026
  • Meeting Time: 02:06 PM to 02:26 PM (IST)
  • Meeting Mode: Conducted through Video Conferencing / Other Audio Visual Means
  • Record Date: Friday, September 25, 2026

Proposed Resolutions and Implications

The AGM featured seven resolutions for shareholder approval:

1. Ordinary Resolution: To consider and adopt the Audited Financial Statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.

2. Ordinary Resolution: To appoint Mrs. Kanchan Goyal (DIN: 09597233), who retired by rotation, as a director. The promoter/promoter group was interested in this resolution.

3. Special Resolution: To regularize Mr. Saurabh Gakhar (DIN: 10790325) as a Non-Executive Independent Director. The promoter/promoter group was not interested.

4. Special Resolution: To regularize Mrs. Pushpa Joshi (DIN: 06838093) as a Non-Executive Independent Director.

5. Ordinary Resolution: Approval for divestment of investment in Wroley E India Private Limited and consequent cessation as an associate company. The promoter/promoter group was interested.

6. Special Resolution: To approve the aggregate limit of material related party transactions up to Rs. 100 Crores. The promoter/promoter group was interested.

7. Ordinary Resolution: Ratification of Cost Auditor's Remuneration.

Voting Process and Methods

The voting process was conducted electronically:

  • Remote E-Voting: Managed by Central Depository Services Limited (CDSL). It commenced at 9:00 AM on Sunday, September 27, 2026, and closed at 5:00 PM on Tuesday, September 29, 2026.
  • E-Voting at AGM: Shareholders present at the virtual AGM who had not voted remotely were able to vote electronically during the meeting.
  • Scrutinizer: Mr. Nitin Bhardwaj, Practicing Company Secretary (Membership No. 67473) of M/s Nitin Bhardwaj and Associates, was appointed by the Board of Directors in their meeting on September 07, 2026, to scrutinize the entire process.

Key Voting Outcomes

Overall Participation

  • Total Shareholders on Record Date: 79,210
  • Shareholders Attended via Video Conferencing:
  • Promoters and Promoter Group: 2
  • Public: 34
  • Total Number of Resolutions: 7 (All passed)

Resolution-Wise Results

Resolution 1 (Ordinary - Adoption of Financial Statements)

  • Total Votes Polled: 17,798 (0.0125% of outstanding shares)
  • Votes in Favour: 17,793 (99.97% of votes polled)
  • Votes Against: 5 (0.03% of votes polled)

Resolution 2 (Ordinary - Re-appointment of Mrs. Kanchan Goyal)

  • Total Votes Polled: 19,252 (0.0135% of outstanding shares)
  • Votes in Favour: 18,747 (97.38% of votes polled)
  • Votes Against: 505 (2.62% of votes polled)
  • Invalid Votes: 3

Resolution 3 (Special - Regularization of Mr. Saurabh Gakhar)

  • Total Votes Polled: 17,798 (0.0125% of outstanding shares)
  • Votes in Favour: 17,293 (97.16% of votes polled)
  • Votes Against: 505 (2.84% of votes polled)

Resolution 4 (Special - Regularization of Mrs. Pushpa Joshi)

  • Total Votes Polled: 17,798 (0.0125% of outstanding shares)
  • Votes in Favour: 17,293 (97.16% of votes polled)
  • Votes Against: 505 (2.84% of votes polled)

Resolution 5 (Ordinary - Divestment in Wroley E India)

  • Total Votes Polled: 17,798 (0.0125% of outstanding shares)
  • Votes in Favour: 17,793 (99.97% of votes polled)
  • Votes Against: 5 (0.03% of votes polled)

Resolution 6 (Special - Related Party Transactions Limit)

  • Total Votes Polled: 17,798 (0.0125% of outstanding shares)
  • Votes in Favour: 17,293 (97.16% of votes polled)
  • Votes Against: 505 (2.84% of votes polled)

Resolution 7 (Ordinary - Ratification of Cost Auditor's Remuneration)

  • Total Votes Polled: 17,798 (0.0125% of outstanding shares)
  • Votes in Favour: 17,693 (99.41% of votes polled)
  • Votes Against: 105 (0.59% of votes polled)

Shareholder Category Breakdown

Promoter and Promoter Group shareholders, holding 99,828,800 shares, did not cast any votes on any resolution. All votes were cast by Public Non-Institutional shareholders, who held 42,903,980 shares.

Scrutinizer's Report

Mr. Nitin Bhardwaj issued the Scrutinizer's Report on October 01, 2026. The report confirms:

  • The voting process was scrutinized in a fair and transparent manner.
  • The results are based on reports generated from the CDSL e-voting system.
  • The remote e-voting period was from September 27 to 29, 2026.
  • Votes were unblocked on September 30, 2026, in the presence of two independent witnesses.
  • All electronic data and records were retained in the scrutinizer's custody until the Chairman signs the meeting minutes.

Compliance Confirmation

The company confirms that the disclosure is in compliance with Regulation 30 and 44 of the SEBI (LODR) Regulations, 2015, and Section 108 of the Companies Act, 2013 read with the relevant rules. The notice of the AGM was disseminated electronically and published via advertisement in the Financial Express (English) and Jansatta (Hindi) on September 08, 2026.