Event Details

Document Type: Summary of Proceedings of the 26th Annual General Meeting

Meeting Date: September 11, 2026

Meeting Time: 1:00 PM to 1:50 PM (IST)

Meeting Venue: The Solitaire INN Hotel, 6 Mile Stone, Meerut Road, National Highway 58, Muzaffarnagar, Uttar Pradesh – 251001

Meeting Attendance

Directors Present:

  • Dr. Chandra Kumar Jain, Chairman & Managing Director (DIN: 00062221)
  • Ms. Arushi Jain, Joint Managing Director
  • Ms. Aditi Pasari, Joint Managing Director (DIN: 00120753)
  • Ms. Anubha Gupta, Non-Executive and Non-Independent Director
  • Mr. Ashwani Kumar Vats, Whole Time Director & CEO (DIN: 00062413)
  • Mr. Nitesh Garg, Independent Director and Chairman of Audit Committee
  • Mr. Soumyajit Mitra, Independent Director and Chairman of Stakeholders' Relationship Committee and Nomination, Remuneration and Compensation Committee
  • Ms. Archana Jain, Independent Director and Chairperson of Sustainability and Corporate Social Responsibility Committee
  • Mr. Vardhman Doogar, Independent Director (DIN: 07148980)
  • Mr. Rahul Jain, Independent Director

Other Attendees:

  • Mr. Rajiv Gupta, Chief Financial Officer
  • Representatives of Statutory Auditors: M/s. Shahid & Associates (FRN: 002140C), Chartered Accountants
  • Representatives of Secretarial Auditors: M/s. TVA & Co. LLP (Firm Registration No. AAE-9329 & CP No.: 5253)
  • Ms. Reetika Pant, Company Secretary & Compliance Officer

Voting Process

Remote e-voting was conducted from September 08, 2026 (9:00 AM IST) to September 10, 2026 (5:00 PM IST) in accordance with Section 108 of the Companies Act, 2013 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Tanuj Vohra, Practicing Company Secretary (Membership No. 5621 and CP No.: 5253), Partner of M/s. TVA & Co. LLP, was appointed as Scrutinizer.

Resolutions Passed

All seven resolutions were passed with requisite majority:

Ordinary Business:

1. Adoption of Audited Financial Statements for FY ended March 31, 2026, together with Reports of Board of Directors and Auditors (Ordinary Resolution)

2. Declaration of Final Dividend of ₹1.50 per equity share of ₹1 each for FY ended March 31, 2026 (Ordinary Resolution)

3. Re-appointment of Ms. Aditi Pasari as Director retiring by rotation (Ordinary Resolution)

4. Re-appointment of Mr. Ashwani Kumar Vats as Director retiring by rotation (Ordinary Resolution)

Special Business:

5. Ratification of remuneration of Cost Auditors for FY 2026-2027 (Ordinary Resolution)

6. Re-appointment of Mr. Vardhman Doogar as Non-Executive Independent Director effective October 01, 2026 (Special Resolution)

7. Approval for Raising of Funds in one or more tranches by way of Issuance of Securities through Qualified Institutions Placement (QIP) (Special Resolution)

Key Disclosures

  • Statutory Registers, Memorandum of Association, Articles of Association, and Certificate w.r.t GPL ESOP Scheme were available for inspection
  • Auditors' reports for FY ended March 31, 2026 contained no qualifications, reservations, adverse remarks or disclaimers
  • Voting results and Scrutinizer's Report will be submitted to stock exchanges and uploaded on company website
  • The meeting was convened by notice dated August 06, 2026