Meeting Details

The 100th AGM commenced at 11:00 a.m. and concluded at 12:34 p.m. on August 18, 2026. The cut-off date for determining members entitled to vote was Tuesday, August 11, 2026. Remote E-Voting was conducted from Friday, August 14, 2026 (9:00 a.m. IST) to Monday, August 17, 2026 (5:00 p.m. IST).

Voting Participation

Total of 783 members participated in the voting process (764 through remote e-voting and 19 through e-voting at AGM), representing 77,04,97,719 shares (77,03,20,679 shares through remote e-voting and 1,77,040 shares through e-voting at AGM).

Resolution-wise Voting Results

Ordinary Business:

Item 1: Adoption of Audited Standalone and Consolidated Financial Statements for FY 2025-26

  • Votes in favor: 58,11,64,723 (75.449%)
  • Votes against: 18,91,13,130 (24.551%)
  • Abstained/Invalid: 2,19,866
  • RESULT: PASSED

Item 2: Re-appointment of Mr. Aditya Pratap Jain (DIN: 08115375) as Director

  • Votes in favor: 61,35,34,981 (79.651%)
  • Votes against: 15,67,42,834 (20.349%)
  • Abstained/Invalid: 2,19,904
  • RESULT: PASSED

Special Business:

Item 3: Appointment of Mr. Nakul Pasricha (DIN: 03176843) as Independent Director

  • Votes in favor: 76,88,01,724 (99.808%)
  • Votes against: 14,75,991 (0.192%)
  • Abstained/Invalid: 2,20,004
  • RESULT: PASSED

Item 4: Payment of Remuneration to Mr. Ajit Gulabchand (DIN: 00010827), Non-Executive Chairman

  • Votes in favor: 58,37,75,224 (75.802%)
  • Votes against: 18,63,59,553 (24.198%)
  • Abstained/Invalid: 3,62,942
  • RESULT: PASSED

Item 5: Ratification of Remuneration of Cost Auditors for FY 2025-26

  • Votes in favor: 76,88,76,142 (99.818%)
  • Votes against: 14,01,573 (0.182%)
  • Abstained/Invalid: 2,20,004
  • RESULT: PASSED

Item 6: Increase Authorised Share Capital and Alteration to Capital Clause of Memorandum of Association

  • Votes in favor: 76,82,94,062 (99.743%)
  • Votes against: 19,81,433 (0.257%)
  • Abstained/Invalid: 2,22,224
  • RESULT: PASSED

Item 7: Issue of Securities of the Company

  • Votes in favor: 76,70,83,479 (99.589%)
  • Votes against: 31,65,816 (0.411%)
  • Abstained/Invalid: 2,48,424
  • RESULT: PASSED

Scrutinizer Details

Mr. B. Narasimhan, Proprietor of BN & Associates, Company Secretaries, was appointed as Scrutinizer for the remote e-voting process and to scrutinize electronic voting during the AGM. National Securities Depository Limited (NSDL) served as the E-Voting Service Provider.

Shareholder Communication

Notice of AGM was sent to 7,48,328 members. Email communication was sent to 7,14,954 members whose email IDs were available. Newspaper advertisements were published in Business Standard (English) and Sakal (Marathi) on July 18, 2026, and July 25, 2026.

Financial Impact

No specific financial impact quantified in the disclosure. All resolutions passed with requisite majority.