Meeting Details

The 43rd Annual General Meeting was held on Thursday, July 02, 2026, at 10:30 AM through Video Conferencing/Other Audio Visual Means (VC/OAVM).

Summary of Proposed Resolutions

Four resolutions were proposed for shareholder approval:

Ordinary Business:

1. Adoption of the Financial Statements for the financial year ended March 31, 2026, including reports of the Auditors and Board of Directors (Ordinary Resolution)

2. Re-appointment of Leena Katdare (DIN: 08914188), who retires by rotation (Ordinary Resolution)

Special Business:

3. Re-appointment of Animesh Mehta (DIN: 09122533) as an Independent Director for a second and final term of 5 years from March 31, 2027 to March 30, 2032 (Special Resolution)

4. Re-appointment of Narayan Meghani (DIN: 09551334) as an Independent Director for a second and final term of 5 years from March 31, 2027 to March 30, 2032 (Special Resolution)

Voting Process and Methods

The Company provided two methods for voting:

  • Remote e-voting: Conducted through Central Depository Services (India) Limited (CDSL) from Sunday, June 28, 2026 (9:00 AM) to Wednesday, July 01, 2026 (5:00 PM)
  • E-voting during AGM: Members present at the AGM who had not voted remotely could vote electronically during the meeting until 15 minutes after its completion

The cut-off date for determining voting eligibility was Thursday, June 25, 2026. As of this date, there were 29,838 members holding 27,125,767 total shares of the Company.

Key Voting Outcomes

Overall Participation:

  • Total members who voted: 38
  • Total votes cast: 10,569,152
  • Members attended AGM: 33
  • Members who voted during AGM: 5

Resolution-wise Results:

Resolution 1 (Ordinary - Financial Statements):

  • Votes in favor: 10,568,901 (100.00%)
  • Votes against: 251 (0.00%)
  • Invalid votes: 0

Resolution 2 (Ordinary - Re-appointment of Leena Katdare):

  • Votes in favor: 10,568,325 (99.99%)
  • Votes against: 827 (0.01%)
  • Invalid votes: 0

Resolution 3 (Special - Re-appointment of Animesh Mehta):

  • Votes in favor: 10,568,275 (99.99%)
  • Votes against: 877 (0.01%)
  • Invalid votes: 0

Resolution 4 (Special - Re-appointment of Narayan Meghani):

  • Votes in favor: 10,568,275 (99.99%)
  • Votes against: 877 (0.01%)
  • Invalid votes: 0

Scrutinizer's Role and Findings

The Board of Directors appointed Rajesh Parekh, Practicing Company Secretary (Membership No. A8073), as Scrutinizer to scrutinize the remote e-voting process and e-voting during the AGM in a fair and transparent manner.

The Scrutinizer submitted his Consolidated Report on July 02, 2026, confirming:

  • All electronic votes were scrutinized properly
  • The votes were unblocked from CDSL's website (www.evotingindia.com) on July 02, 2026, at 11:32 AM in the presence of witnesses Ms. Aishwarya Parekh and Mr. Jay Surti
  • No invalid votes were cast in any resolution
  • All resolutions were approved by members with requisite majority

Compliance Confirmation

The voting process was conducted in compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Various circulars issued by the Ministry of Corporate Affairs dated September 22, 2025, September 19, 2024, May 05, 2022, January 13, 2021, May 05, 2020, April 13, 2020, and April 08, 2020