AGM Details
The 68th AGM was held on Thursday, September 17, 2026 at 2:00 pm through Video Conferencing (VC)/Other Audio Visual Means (OAVM).
Scrutinizer Appointment and Process
M/s. GMJ & Associates, Company Secretaries, represented by Mr. Mahesh Soni, Partner, was appointed to scrutinize the voting process. Central Depository Services (India) Limited (CDSL) was engaged to provide the e-voting system.
- Cut-off date for determining voting eligibility: Thursday, September 10, 2026
- Remote e-voting period: September 12, 2026 (10:00 am IST) to September 16, 2026 (5:00 pm IST)
- E-voting during AGM: Available for members who didn't vote remotely
- Votes unblocked: September 17, 2026 at 3:51 pm in presence of witnesses Ms. Aishwarya Patil and Ms. Krushali Pitkar
Voting Results Summary
All eight resolutions were passed with requisite majority:
Item No. 1: Adoption of Audited Financial Statements
- Ordinary Resolution passed
- Total votes cast: 312,889,424 shares (69.0078% of outstanding shares)
- Votes in favor: 312,889,320 shares (100.0000% of votes cast)
- Votes against: 104 shares (0.0000% of votes cast)
Item No. 2: Declaration of Dividend
- Ordinary Resolution passed
- Total votes cast: 313,235,691 shares (69.0842% of outstanding shares)
- Votes in favor: 313,235,587 shares (100.0000% of votes cast)
- Votes against: 104 shares (0.0000% of votes cast)
Item No. 3: Re-appointment of Mr. Yogesh Samat (DIN: 00717877)
- Ordinary Resolution passed
- Total votes cast: 313,233,191 shares (69.0836% of outstanding shares)
- Votes in favor: 313,226,865 shares (99.9980% of votes cast)
- Votes against: 6,326 shares (0.0020% of votes cast)
Item No. 4: Re-appointment of Mr. Rohitkumar More as Whole-time Director
- Special Resolution passed
- Total votes cast: 313,234,191 shares (69.0839% of outstanding shares)
- Votes in favor: 313,233,861 shares (99.9999% of votes cast)
- Votes against: 330 shares (0.0001% of votes cast)
- Promoter/Promoter Group interested: YES
Item No. 5: Re-appointment of Mr. Yogesh Samat as Whole-time Director
- Special Resolution passed
- Total votes cast: 313,234,191 shares (69.0839% of outstanding shares)
- Votes in favor: 313,227,835 shares (99.9980% of votes cast)
- Votes against: 6,356 shares (0.0020% of votes cast)
- Promoter/Promoter Group interested: NO
Item No. 6: Revision of remuneration of Mr. Aman More
- Ordinary Resolution passed
- Total votes cast: 312,892,579 shares (69.0078% of outstanding shares)
- Votes in favor: 72,576,933 shares (98.5476% of votes cast)
- Votes against: 1,069,646 shares (1.4524% of votes cast)
- Promoter/Promoter Group interested: YES
- Note: Invalid votes represent shares of Promoter/Promoter Group members interested in the resolution
Item No. 7: Revision of remuneration of Mr. Yash More
- Ordinary Resolution passed
- Total votes cast: 312,892,579 shares (69.0078% of outstanding shares)
- Votes in favor: 72,576,931 shares (98.5476% of votes cast)
- Votes against: 1,069,648 shares (1.4524% of votes cast)
- Promoter/Promoter Group interested: YES
- Note: Invalid votes represent shares of Promoter/Promoter Group members interested in the resolution
Item No. 8: Ratification of remuneration of Cost Auditors for FY2027
- Ordinary Resolution passed
- Total votes cast: 313,235,691 shares (69.0842% of outstanding shares)
- Votes in favor: 313,235,369 shares (99.9999% of votes cast)
- Votes against: 322 shares (0.0001% of votes cast)
- Promoter/Promoter Group interested: NO
Shareholding Pattern Analysis
The total outstanding shares of the company as of the cut-off date were 453,411,500 shares, categorized as:
- Promoter and Promoter Group: 313,054,620 shares (69.04%)
- Public Institutions: 1,832,447 shares (0.40%)
- Public Non-Institutions: 138,524,433 shares (30.55%)
Document Certification
The scrutinizer's report was digitally signed by Mahesh Kumar Soni, Partner of GMJ & Associates, on September 21, 2026. The company letter was signed by Chintan K. Gandhi, Company Secretary.