Meeting Details
- Date: 24 September 2026
- Time: 01:30 PM to 02:20 PM
- Type: 67th Annual General Meeting
- Mode: Conducted through Video Conference/Other Audio-Visual Means (VC/OAVM)
Proposed Resolutions and Implications
Five resolutions were put to vote:
1. Ordinary Resolution: Adoption of Audited Financial Statements for FY ended 31st March 2026 together with Reports of Board of Directors and Auditors
2. Ordinary Resolution: Declaration of dividend of INR 7 per equity share (70%) for financial year 2025-2026
3. Ordinary Resolution: Re-appointment of Mr. Vimal Kumar Choudhary (DIN: 02370072) as Director retiring by rotation
4. Special Resolution: Re-appointment of Ms. Jyoti Narang (DIN: 00351187) as Independent Director for second term of five consecutive years
5. Ordinary Resolution: Ratification of remuneration payable to M/s. R.J. Goel & Co., Cost Accountants as Cost Auditors for FY 2026-2027
Voting Process and Methods
- Remote e-voting facility provided through NSDL from 21 September 2026 at 09:00 AM to 24 September 2026 at 05:00 PM
- E-voting facility provided during the AGM through Video Conference
- Cut-off date for determining shareholders entitled to vote: 17 September 2026
- Total shareholders eligible to vote: 82,698
- Scrutinizer: Ms. Monika Kohli (FCS No. 5480, CP No. 4936), Partner of M/s. DMK Associates, Company Secretaries
Key Voting Outcomes
Resolution 1: Adoption of Financial Statements
- Total Votes Cast: 189,527,216 shares (83.6347% of outstanding shares)
- In Favor: 189,339,844 shares (99.9011% of votes polled)
- Against: 187,372 shares (0.0989% of votes polled)
- Promoter Group: 157,244,693 shares voted 100% in favor
- Institutions: 31,633,558 shares voted 100% in favor
- Public Non-Institutions: 648,965 shares voted 71.1276% in favor, 28.8724% against
Resolution 2: Dividend Declaration
- Total Votes Cast: 189,562,281 shares (83.6502% of outstanding shares)
- In Favor: 189,559,959 shares (99.9988% of votes polled)
- Against: 2,322 shares (0.0012% of votes polled)
- Promoter Group: 157,244,693 shares voted 100% in favor
- Institutions: 31,668,623 shares voted 100% in favor
- Public Non-Institutions: 648,965 shares voted 99.6422% in favor, 0.3578% against
Resolution 3: Re-appointment of Mr. Vimal Kumar Choudhary
- Total Votes Cast: 189,562,281 shares (83.6502% of outstanding shares)
- In Favor: 189,318,744 shares (99.8715% of votes polled)
- Against: 243,537 shares (0.1285% of votes polled)
- Promoter Group: 157,244,693 shares voted 100% in favor
- Institutions: 31,668,623 shares voted 99.8274% in favor, 0.1726% against
- Public Non-Institutions: 648,965 shares voted 70.895% in favor, 29.105% against
Resolution 4: Re-appointment of Ms. Jyoti Narang (Special Resolution)
- Total Votes Cast: 189,562,281 shares (83.6502% of outstanding shares)
- In Favor: 189,318,744 shares (99.8715% of votes polled)
- Against: 243,537 shares (0.1285% of votes polled)
- Promoter Group: 157,244,693 shares voted 100% in favor
- Institutions: 31,668,623 shares voted 99.8274% in favor, 0.1726% against
- Public Non-Institutions: 648,965 shares voted 70.895% in favor, 29.105% against
Resolution 5: Ratification of Cost Auditor Remuneration
- Total Votes Cast: 189,562,281 shares (83.6502% of outstanding shares)
- In Favor: 189,373,712 shares (99.9005% of votes polled)
- Against: 188,569 shares (0.0995% of votes polled)
- Promoter Group: 157,244,693 shares voted 100% in favor
- Institutions: 31,668,623 shares voted 100% in favor
- Public Non-Institutions: 648,965 shares voted 70.9431% in favor, 29.0569% against
Participation Breakdown by Shareholder Category
- Total Outstanding Shares: 226,613,116
- Promoter and Promoter Group: 157,244,693 shares (69.39%)
- Public Institutions: 32,631,451 shares (14.40%)
- Public Non-Institutions: 36,736,972 shares (16.21%)
Scrutinizer's Role and Findings
- Ms. Monika Kohli was appointed scrutinizer by the Board on 29 July 2026
- Scrutinizer submitted report dated 24 September 2026
- All resolutions passed with requisite majority
- No invalid votes across any shareholder category for any resolution
- Electronic data and records maintained under scrutinizer's custody until minutes approval
Compliance Confirmation
- Compliance with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
- Compliance with SEBI Listing Regulations Regulation 44
- Compliance with MCA Circulars dated 22 September 2025 and previous circulars regarding virtual meetings