Meeting Details

The 47th AGM was held on July 27, 2026, through Video Conferencing. The cut-off date for determining shareholders entitled to vote was July 20, 2026.

Shareholder Participation

  • Total shareholders on cut-off date: 65,697
  • Shareholders attending meeting through VC: 77 (7 Promoter/Promoter Group, 70 Public)
  • Voting mode: Remote E-voting and voting through electronic system during the AGM

Voting Results Summary

All seven resolutions set out in the AGM notice were approved with requisite majority:

Resolution 1(a): Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 (Ordinary Resolution)
  • Promoter group: 74,047,555 shares voted, 100% in favor
  • Public institutions: 14,406,907 shares voted (87.70% of holdings), 100% in favor
  • Public non-institutions: 30,867 shares voted (0.79% of holdings), 99.99% in favor
  • Total: 88,485,326 shares voted (93.76% of outstanding), 100% in favor
Resolution 1(b): Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 (Ordinary Resolution)
  • Promoter group: 74,047,555 shares voted, 100% in favor
  • Public institutions: 8,280,127 shares voted (50.40% of holdings), 100% in favor
  • Public non-institutions: 30,867 shares voted (0.79% of holdings), 99.99% in favor
  • Total: 82,358,546 shares voted (87.26% of outstanding), 100% in favor
Resolution 2: Declaration of final dividend of ₹4 per equity share for FY2026 (Ordinary Resolution)
  • Promoter group: 74,047,555 shares voted, 100% in favor
  • Public institutions: 14,433,587 shares voted (87.86% of holdings), 95.34% in favor
  • Public non-institutions: 30,867 shares voted (0.79% of holdings), 99.99% in favor
  • Total: 88,839,449 shares voted (93.78% of outstanding), 99.24% in favor
Resolution 3: Reappointment of Mr. Ashish Garg (DIN: 01829082) as Managing Director (Ordinary Resolution)
  • Promoter group: 74,047,555 shares voted, 100% in favor (interested party)
  • Public institutions: 14,433,587 shares voted (87.86% of holdings), 97.91% in favor
  • Public non-institutions: 30,867 shares voted (0.79% of holdings), 99.90% in favor
  • Total: 88,210,625 shares voted (93.78% of outstanding), 99.66% in favor
Resolution 4: Ratification of remuneration payable to M/s. Rajan Sabharwal & Associates, Cost Auditors (Ordinary Resolution)
  • Promoter group: 74,047,555 shares voted, 100% in favor
  • Public institutions: 14,433,587 shares voted (87.86% of holdings), 100% in favor
  • Public non-institutions: 30,862 shares voted (0.79% of holdings), 99.86% in favor
  • Total: 88,511,962 shares voted (93.78% of outstanding), 100% in favor
Resolution 5: Approval of commission payable to Independent Directors (Ordinary Resolution)
  • Promoter group: 74,047,555 shares voted, 100% in favor
  • Public institutions: 14,433,587 shares voted (87.86% of holdings), 97.17% in favor
  • Public non-institutions: 30,867 shares voted (0.79% of holdings), 99.85% in favor
  • Total: 88,103,945 shares voted (93.78% of outstanding), 99.54% in favor
Resolution 6: Reappointment of Ms. Megha Garg (DIN: 07352042) as Whole-Time Director (Ordinary Resolution)
  • Promoter group: 74,047,555 shares voted, 100% in favor (interested party)
  • Public institutions: 14,433,587 shares voted (87.86% of holdings), 95.36% in favor
  • Public non-institutions: 30,867 shares voted (0.79% of holdings), 99.90% in favor
  • Total: 87,842,965 shares voted (93.78% of outstanding), 99.24% in favor
Resolution 7: Reappointment of Mr. Ravindra Pisharody (DIN: 01875848) as Independent Director (Special Resolution)
  • Promoter group: 74,047,555 shares voted, 100% in favor
  • Public institutions: 13,649,362 shares voted (83.09% of holdings), 99.56% in favor
  • Public non-institutions: 30,867 shares voted (0.79% of holdings), 99.90% in favor
  • Total: 87,667,013 shares voted (92.95% of outstanding), 99.93% in favor

Scrutinizer's Report Details

P. S. Bathla, Practicing Company Secretary, was appointed as Scrutinizer. The remote e-voting period was from July 24, 2026 (9:00 am) to July 26, 2026 (5:00 pm). Votes were unblocked on July 27, 2026 at 01:12 PM in the presence of two witnesses.

Invalid Votes

Minor invalid votes were recorded across resolutions, primarily consisting of:

  • Less voted shares: 4,664 shares across 2 members
  • Partial voting instances on certain resolutions