Meeting Details

The 44th Annual General Meeting was held on Wednesday, 26th August 2026 through Video Conferencing/Other Audio Visual Means. The meeting commenced at 11:00 a.m. IST and concluded at 12:10 p.m. IST.

Attendance

  • 57 Members attended the AGM
  • Mr. A. Chadha, Chairman and Non-Executive Director, chaired the meeting
  • Company Secretary and representatives of Statutory Auditors and Secretarial Auditors were present
  • Total shareholders on record date (19th August 2026): 5,273

Voting Process

  • Remote e-voting period: 22nd August 2026 (9:00 a.m. IST) to 25th August 2026 (5:00 p.m. IST)
  • E-voting facility provided during AGM for members who hadn't voted remotely
  • Ms. Pooja Bhatia of P B & Associates appointed as Scrutinizer

Resolutions Passed

All four ordinary business resolutions from Notice dated 9th July 2026 were passed with requisite majority:

Item 1: Adoption of Financial Statements for FY2025-26

  • Total shares outstanding: 3,787,515
  • Votes polled: 2,037,706 (53.8006% of outstanding shares)
  • Votes in favor: 2,037,647 (99.9971% of votes polled)
  • Votes against: 59 (0.0029% of votes polled)

Item 2: Declaration of Final Dividend of ₹3 per Equity Share

  • Dividend amount: ₹3 per equity share of ₹10 each for FY2025-26
  • Total shares outstanding: 3,787,515
  • Votes polled: 2,037,706 (53.8006% of outstanding shares)
  • Votes in favor: 2,037,647 (99.9971% of votes polled)
  • Votes against: 59 (0.0029% of votes polled)

Item 3: Re-election of Mr. Arif Musa Patel (DIN: 10051869)

  • Director retired by rotation and offered himself for re-election
  • Total shares outstanding: 3,787,515
  • Votes polled: 2,037,706 (53.8006% of outstanding shares)
  • Votes in favor: 2,037,547 (99.9922% of votes polled)
  • Votes against: 159 (0.0078% of votes polled)

Item 4: Approval of Remuneration to Statutory Auditors

  • Auditor: Messrs. K C Mehta & Co. LLP, Chartered Accountants
  • Audit period: Financial year 2026-27
  • Total shares outstanding: 3,787,515
  • Votes polled: 2,037,706 (53.8006% of outstanding shares)
  • Votes in favor: 2,037,647 (99.9971% of votes polled)
  • Votes against: 59 (0.0029% of votes polled)

Shareholder Distribution

  • Promoter and Promoter Group shares: 2,033,963 (53.70% of total shares)
  • Public Institutions shares: 100 (0.003% of total shares)
  • Public Non-Institutions shares: 1,753,452 (46.297% of total shares)