Meeting Details

  • Date and Time: Tuesday, September 22, 2026 at 05:00 PM.
  • Location: Plot No. 24, 25, 26, Sector-7, IMT Manesar, Gurugram, Haryana-122050.
  • Type of Meeting: 40th Annual General Meeting (AGM).
  • Mode: Physical meeting with additional facility to attend through Video Conferencing (VC) and Other Audio Visual Means (OAVM).
  • Record Date: September 15, 2026.
  • Total Number of Shareholders on Record Date: 9,633.

Summary of Proposed Resolutions and Implications

Seven resolutions were considered and passed at the AGM:

1. Ordinary Resolution: To receive, consider, and adopt the Audited Standalone and Consolidated Financial Statements for the year ended March 31, 2026, along with Reports of the Board of Directors and Auditors.

2. Ordinary Resolution: To declare a final dividend @ 40% i.e. ₹4.00 per equity share (face value ₹10) for FY 2025-2026.

3. Ordinary Resolution: To re-appoint Mr. Bidadi Anjani Kumar (DIN: 00022417) as a director retiring by rotation.

4. Ordinary Resolution: To re-appoint Mr. Kawal Jain (DIN: 00910924) as a director retiring by rotation.

5. Ordinary Resolution: To approve the remuneration of the Cost Auditor for FY 2026-2027.

6. Special Resolution: To re-appoint Mr. Rajiv Batra (DIN: 00082866) as a Non-Executive Independent Director.

7. Special Resolution: To approve the continuation of Mr. Bidadi Anjani Kumar (DIN: 00022417) as a Non-Executive Non-Independent Director beyond 75 years of age.

Voting Process and Methods

  • Remote E-Voting: Conducted by National Securities Depository Limited (NSDL) from September 19, 2026 (9:00 AM) to September 21, 2026 (5:00 PM).
  • E-Voting at AGM: Conducted during the meeting.
  • Physical Polling: Conducted at the meeting venue using ballot boxes.
  • Scrutinizer: Mr. Nirbhay Kumar, Company Secretary in Practice (CP No. 7887, Membership No. 11946), was appointed to scrutinize the entire voting process.

Key Voting Outcomes

Overall Participation

  • Total Shareholders on Record Date: 9,633
  • Shareholders Present Physically (including proxy):
  • Promoters and Promoter Group: 3
  • Public: 39
  • Shareholders Attended via VC/OAVM:
  • Promoters and Promoter Group: 6
  • Public: 55
  • Total Votes Cast (in shares): 14,122,537 out of 18,820,044 outstanding shares (75.0399% turnout).

Resolution-wise Results

Resolution 1: Adoption of Financial Statements
  • Total Votes Polled: 14,122,537 shares (75.0399% of outstanding)
  • In Favour: 14,120,138 shares (99.9830% of votes polled)
  • Against: 2,399 shares (0.0170% of votes polled)
  • Invalid Votes: 3 shares (2 members)
  • Result: Passed
Resolution 2: Declaration of Final Dividend
  • Total Votes Polled: 14,122,537 shares (75.0399% of outstanding)
  • In Favour: 14,120,138 shares (99.9830% of votes polled)
  • Against: 2,399 shares (0.0170% of votes polled)
  • Invalid Votes: 3 shares (2 members)
  • Result: Passed
Resolution 3: Re-appointment of Mr. Bidadi Anjani Kumar
  • Total Votes Polled: 14,122,537 shares (75.0399% of outstanding)
  • In Favour: 14,120,138 shares (99.9830% of votes polled)
  • Against: 2,399 shares (0.0170% of votes polled)
  • Invalid Votes: 3 shares (2 members)
  • Result: Passed
Resolution 4: Re-appointment of Mr. Kawal Jain
  • Total Votes Polled: 14,122,537 shares (75.0399% of outstanding)
  • In Favour: 14,120,138 shares (99.9830% of votes polled)
  • Against: 2,399 shares (0.0170% of votes polled)
  • Invalid Votes: 3 shares (2 members)
  • Result: Passed
Resolution 5: Approval of Cost Auditor Remuneration
  • Total Votes Polled: 14,122,537 shares (75.0399% of outstanding)
  • In Favour: 14,120,138 shares (99.9830% of votes polled)
  • Against: 2,399 shares (0.0170% of votes polled)
  • Invalid Votes: 3 shares (2 members)
  • Result: Passed
Resolution 6: Re-appointment of Mr. Rajiv Batra (Special Resolution)
  • Total Votes Polled: 14,122,537 shares (75.0399% of outstanding)
  • In Favour: 14,120,138 shares (99.9830% of votes polled)
  • Against: 2,399 shares (0.0170% of votes polled)
  • Invalid Votes: 3 shares (2 members)
  • Result: Passed
Resolution 7: Continuation of Mr. Bidadi Anjani Kumar (Special Resolution)
  • Total Votes Polled: 14,122,537 shares (75.0399% of outstanding)
  • In Favour: 14,120,073 shares (99.9826% of votes polled)
  • Against: 2,464 shares (0.0174% of votes polled)
  • Invalid Votes: 3 shares (2 members)
  • Result: Passed

Participation Breakdown by Shareholder Category

Promoter and Promoter Group
  • Shares Held: 10,558,602
  • Votes Polled: 10,550,602 shares (99.9242% of shares held)
  • Voting Method: 100% via E-Voting
  • All resolutions: 100% in favour (10,550,602 shares)
Public Institutions
  • Shares Held: 4,028
  • Votes Polled: 233 shares (5.7845% of shares held)
  • Voting Method: 100% via E-Voting
  • All resolutions: 100% in favour (233 shares)
Public Non-Institutions
  • Shares Held: 8,257,414
  • Votes Polled: 3,571,702 shares (43.2545% of shares held)
  • Voting Method:
  • E-Voting: 3,546,189 shares
  • Poll: 25,513 shares
  • Voting Pattern:
  • In Favour: 3,569,303 shares (99.9328% of votes polled)
  • Against: 2,399 shares (0.0672% of votes polled)

Scrutinizer's Role and Findings

  • Mr. Nirbhay Kumar was appointed as Scrutinizer to oversee the remote e-voting, e-voting at AGM, and physical voting process.
  • The scrutinizer verified that 100 members cast votes through remote e-voting, 2 members through e-voting at AGM, and 32 members physically at AGM (including 2 invalid votes).
  • All voting papers and records were scrutinized and reconciled with the company's shareholding records.
  • The scrutinizer confirmed the voting results for all seven resolutions and attested to the fairness and transparency of the process.
  • The remote e-voting results were unblocked on September 22, 2026 at 6:00 PM in the presence of two independent witnesses: Mr. Amit Kumar Sinha and Mr. Ashish Kumar Singh.

Compliance with Laws and Regulations

  • The company confirmed compliance with:
  • Regulation 44 of SEBI (LODR) Regulations, 2015
  • Sections 108 and 109 of the Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • MCA Circulars dated April 08, 2020, April 13, 2020, May 05, 2020, June 15, 2020, September 25, 2023, September 19, 2024, and September 22, 2025
  • SEBI Circulars dated May 12, 2020, January 15, 2021, May 13, 2022, January 05, 2023, October 07, 2023, October 03, 2024, and September 22, 2025
  • Public notice was published in Business Standard (Hindi and English editions) on August 22, 2026.
  • Notice of AGM was hosted on the company's website and stock exchange websites on August 21, 2026.
  • Notice was dispatched to registered members via email on August 21, 2026.

Additional Information

  • The company's Registrar and Share Transfer Agent is MAS Services Limited.
  • The voting platform was provided by National Securities Depository Limited (NSDL).
  • All voting-related papers and records will remain in the scrutinizer's custody until the Chairman approves and signs the meeting minutes.