Meeting Details
- Date: Tuesday, August 25, 2026
- Time: 11:00 A.M. (IST)
- Type: 36th Annual General Meeting
- Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
Proposed Resolutions and Implications
Five resolutions were put to vote at the AGM:
Ordinary Businesses:
1. Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, including Balance Sheet, Statement of Profit & Loss, and Reports of Board of Directors and Auditors
2. Declaration of final Dividend of ₹0.50 per share (50%) on Equity Shares for FY ended March 31, 2026
3. Re-appointment of Mr. Sanidhya Mittal (DIN: 06579890) as a Director liable to retire by rotation
Special Businesses:
4. Re-appointment of Ms. Vinita Bajoria (DIN: 02412990) as an Independent Director for five consecutive years from September 15, 2026 to September 14, 2031
5. Appointment of Mr. Girish Kulkarni (DIN: 01683332) as an Independent Director for five consecutive years from July 24, 2026 to July 23, 2031
Voting Process and Methods
The voting was conducted through:
- Remote e-voting: Open from 10:00 A.M. (IST) on Friday, August 21, 2026 to 5:00 P.M. (IST) on Monday, August 24, 2026
- E-voting during the AGM: For members present at the meeting who did not cast votes remotely
- Cut-off date for determining voting rights: Tuesday, August 18, 2026
- Agency: Central Depository Services (India) Limited provided the e-voting platform
Key Voting Outcomes
Overall Participation:
- Total members who voted: 169
- Total shares voted: 105,045,058
- No invalid votes were cast
- 167 members voted through remote e-voting, 2 members voted during the AGM
Resolution-wise Results:
Item 1: Adoption of Financial Statements
- Votes in favor: 164 members (105,044,992 shares) - 100.00%
- Votes against: 5 members (66 shares) - 0.00%
Item 2: Final Dividend Declaration
- Votes in favor: 164 members (105,044,992 shares) - 100.00%
- Votes against: 5 members (66 shares) - 0.00%
Item 3: Re-appointment of Mr. Sanidhya Mittal
- Votes in favor: 157 members (104,623,181 shares) - 99.67%
- Votes against: 10 members (350,927 shares) - 0.33%
Item 4: Re-appointment of Ms. Vinita Bajoria
- Votes in favor: 162 members (103,472,733 shares) - 98.50%
- Votes against: 7 members (1,572,325 shares) - 1.50%
Item 5: Appointment of Mr. Girish Kulkarni
- Votes in favor: 163 members (105,044,912 shares) - 100.00%
- Votes against: 6 members (146 shares) - 0.00%
Scrutinizer's Role and Findings
- Mr. Dilip Kumar Sarawagi, Practicing Company Secretary, was appointed as Scrutinizer
- The scrutinizer verified the voting process and results in compliance with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014
- The scrutinizer unblocked the remote e-voting results in the presence of Mr. G Shiva Rao and Mr. Srijan Sarawagi
- All votes were found to be valid with no invalid votes
Compliance with Laws and Regulations
The company confirmed compliance with:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Companies Act, 2013 and relevant rules
- MCA Circulars: 14/2020, 17/2020, 20/2020, and 03/2025
- SEBI Circulars: SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 and related circulars
- Notice dispatch: Email to 50,065 members, physical letters to 1,065 shareholders, newspaper publications in Business Standard and Aajkal
Additional Information
- Company CIN: L20211WB1990PLC268743
- The company used S.K. lnfosolutions Private Limited as Registrar and Transfer Agent