Voting Results Overview
- Record Date: July 22, 2026
- Total Shareholders on Record Date: 139,272
- Shareholders Attended via VC/OAVM: 98 public shareholders, 9 promoter group shareholders
- Total Resolutions Passed: 5
- All resolutions set out in Notice dated June 22, 2026 were passed with requisite majority
Detailed Resolution-wise Voting Results
Resolution 1: Ordinary Business - Adoption of Financial Statements
To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March, 2026, the Reports of the Board of Directors and Auditors thereon and Audited Consolidated Financial Statements for the Financial Year ended 31st March, 2026 and Report of Auditors thereon.
Voting Results:
- Total Votes Polled: 137,587,286 shares (71.2976% of outstanding shares)
- Votes in Favor: 137,587,286 shares (100% of votes polled)
- Votes Against: 1,059 shares (0.0008% of votes polled)
- Result: Passed
Resolution 2: Ordinary Business - Declaration of Final Dividend
To declare a Final Dividend on equity shares of the Company for the Financial Year 2025-26.
Voting Results:
- Total Votes Polled: 137,630,938 shares (71.3201% of outstanding shares)
- Votes in Favor: 137,630,938 shares (99.9992% of votes polled)
- Votes Against: 70,142 shares (0.0008% of votes polled)
- Result: Passed
Resolution 3: Ordinary Business - Re-appointment of Director
To appoint a Director in place of Shri Manish Gulati (DIN: 08697512), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.
Voting Results:
- Total Votes Polled: 137,429,506 shares (71.2323% of outstanding shares)
- Votes in Favor: 137,429,506 shares (99.853% of votes polled)
- Votes Against: 202,262 shares (0.147% of votes polled)
- Result: Passed
Resolution 4: Special Business - Continuation of Director
To consider and approve continuation of Shri Shekhar Agarwal (DIN: 00066113), as Non-Executive Non-Independent Director of the Company who will be attaining the age of 75 years in FY 2027-2028.
Voting Results:
- Total Votes Polled: 136,961,244 shares (70.9876% of outstanding shares)
- Votes in Favor: 136,961,244 shares (99.5127% of votes polled)
- Votes Against: 670,734 shares (0.4873% of votes polled)
- Result: Passed
Resolution 5: Ordinary Business - Ratification of Cost Auditors
To ratify the remuneration of Cost Auditors for the Financial Year ending 31st March, 2027.
Voting Results:
- Total Votes Polled: 137,629,521 shares (71.3199% of outstanding shares)
- Votes in Favor: 137,629,521 shares (99.9986% of votes polled)
- Votes Against: 1,859 shares (0.0014% of votes polled)
- Result: Passed
Scrutinizer Details
- Name: Saket Sharma
- Firm: M/s. GSK & ASSOCIATES
- Qualification: CS
- Membership Number: 4229
- Date of Board Meeting Appointment: April 29, 2026
- Date of Report Issuance: July 30, 2026
Consolidated Scrutinizer's Report
Prepared pursuant to Section 108 and 109 of the Companies Act, 2013 and relevant rules. The remote e-voting period remained open from July 26, 2026, 09:00 AM to July 28, 2026, 05:00 PM. Votes were unblocked on July 29, 2026 at 01:32 PM in presence of two witnesses: Anjali Hemrajani and Priyan Agarwal.
Director Appointment Details
Shri Manish Gulati (DIN: 08697512)
- Category: Executive Director
- Date of Birth: July 29, 1969
- Age: 57 Years
- Date of First Appointment: March 1, 2020
- Qualification: BSc (Statistics), BE (Electronics), MBA (Marketing and Finance)
- Experience: 33+ years professional experience, 32+ years with HEG Limited
- Other Directorships: HEG Graphite Limited
- Board Meetings Attended: 5 out of 5 held during the year
- Remuneration for FY 2025-26: ₹421.86 Lakhs
- Relationship with other Directors: No relationship
Note on Shri Shekhar Agarwal
- Present Age: 73 Years 8 Months (DIN: 00066113)
- Position: Non-Executive Non-Independent Director
- Will attain age of 75 years in FY 2027-2028, requiring special shareholder approval pursuant to Regulation 17(1A) of SEBI (LODR) Regulations, 2015