Gratex Industries Limited disclosed the voting results from its 42nd Annual General Meeting (AGM) held on Thursday, 10th September 2026 at 01:00 p.m. through Video Conferencing/Other Audio-Visual Means. The meeting was conducted from the deemed venue at Gratex House, A73, TTC Industrial Area, MIDC, Kopar Khairne, Navi Mumbai, Sanpada, Thane - 400703.

Voting Participation Details

  • Total shareholders on record date (3rd September 2026): 3,727
  • Shareholders present in meeting: 0 (No arrangement for physical meeting or proxy as meeting was held through VC/OAVM)
  • Shareholders attended through video conferencing: 44 total (4 from Promoters and Promoter Group, 40 Public)
  • Total number of resolutions passed: 03

Resolution 1: Adoption of Financial Statements

  • Description: To receive, consider and adopt the audited financial statements of the Company for the financial year ended 31st March 2026 and the reports of the Board of Directors and Auditors thereon.
  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Voting Results:
  • Promoter and Promoter Group: 1,878,759 shares held; 1,851,259 votes polled (98.5363%); 100% in favor
  • Public Institutions: 0 shares held; 0 votes polled
  • Public Non-Institutions: 1,156,041 shares held; 6,732 votes polled (0.5823%); 99.9703% in favor, 0.0297% against
  • Total: 3,034,800 shares outstanding; 1,857,991 votes polled (61.2228%); 1,857,989 in favor (99.9999%), 2 against (0.0001%)
  • Result: Passed with requisite majority

Resolution 2: Director Re-appointment

  • Description: To appoint a director in place of Mrs. Mona Pratap Menon (DIN: 00117025), who retires by rotation and being eligible, offers herself for re-appointment.
  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Voting Results:
  • Promoter and Promoter Group: 1,878,759 shares held; 1,851,259 votes polled (98.5363%); 100% in favor
  • Public Institutions: 0 shares held; 0 votes polled
  • Public Non-Institutions: 1,156,041 shares held; 6,732 votes polled (0.5823%); 99.9703% in favor, 0.0297% against
  • Total: 3,034,800 shares outstanding; 1,857,991 votes polled (61.2228%); 1,857,989 in favor (99.9999%), 2 against (0.0001%)
  • Result: Passed with requisite majority

Resolution 3: Related Party Transaction

  • Description: Material related party transaction(s) between the Company and Marshalls Enterprises India Private Limited, a company having common directors and shareholders
  • Resolution Type: Ordinary
  • Promoter Interest: Not explicitly stated
  • Voting Results:
  • Promoter and Promoter Group: 1,878,759 shares held; 0 votes polled (0%)
  • Public Institutions: 0 shares held; 0 votes polled
  • Public Non-Institutions: 1,156,041 shares held; 6,732 votes polled (0.5823%); 99.9703% in favor, 0.0297% against
  • Total: 3,034,800 shares outstanding; 6,732 votes polled (0.2218%); 6,730 in favor (99.9703%), 2 against (0.0297%)
  • Result: Passed with requisite majority

Scrutinizer Appointment and Process

  • Jacintha Castelino (Company Secretary, FCS: 9798, COP: 12162) of JC & Associates was appointed as Scrutinizer for both remote e-voting and e-voting during the AGM.
  • NSDL was appointed as the agency for providing the e-voting platform.
  • Remote e-voting period: From 9:00 a.m. (IST) on Monday, 7th September 2026 to 5:00 p.m. (IST) on Wednesday, 9th September 2026.
  • Cut-off date for voting rights: 3rd September 2026.
  • 57 members cast their votes through remote e-voting.
  • The notice of AGM was published in Financial Express (English) and Mumbai Lakshadweep (Marathi) on 7th and 8th August 2026 respectively, and hosted on the company's website and BSE Limited's website.