Meeting Details
- Date: Thursday, 24th September 2026
- Type: 21st Annual General Meeting
- Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
- Time: 3:00 PM IST
Proposed Resolutions and Implications
Three ordinary resolutions were proposed:
1. Resolution 1: To receive, consider and adopt the Audited Standalone Financial Statements for FY ended March 31, 2026, together with Reports of Board of Directors and Auditors
2. Resolution 2: To appoint Mr. Anoop Agrawal (DIN: 00006120) as director who retires by rotation under section 152(6) of Companies Act, 2013
3. Resolution 3: To appoint M/s. Ritesh Gupta & Co. Practicing Company Secretaries as Secretarial Auditor for a first term of five consecutive years
Voting Process and Methods
- Remote e-voting: Conducted through CDSL platform from September 21, 2026 (9:00 AM) to September 23, 2026 (5:00 PM)
- Venue e-voting: Electronic voting at the AGM through VC/OAVM
- Cut-off date: September 18, 2026 for shareholder eligibility
- Scrutinizer: M. Maheshwari & Associates (Manish Maheshwari, Proprietor) appointed to scrutinize the e-voting process
- Witnesses: Ms. Avani Moghe and Ms. Palak Garg witnessed the vote unblocking process
Key Voting Outcomes
Overall Participation
- Total shareholders on record date: 56,819
- Shareholders present in meeting: 0 (in person or proxy)
- Shareholders through VC: Not arranged
- Total votes cast: 53,092,227 shares (74.03% of outstanding 71,720,632 shares)
- Number of members who voted: 100 (95 remote e-voting, 5 venue e-voting)
Resolution-wise Results
Resolution 1 - Adoption of Financial Statements
- Total votes polled: 53,092,227 shares
- Votes in favor: 53,088,876 shares (100.00% of votes polled)
- Votes against: 9,351 shares (0.00% of votes polled)
- Category breakdown:
- Promoter & Promoter Group: 50,231,344 shares voted, 100% in favor
- Public - Institutions: 1 share voted, 100% in favor
- Public-Non Institutions: 2,860,882 shares voted, 99.92% in favor (2,858,532 shares), 0.08% against (2,350 shares)
Resolution 2 - Reappointment of Director
- Total votes polled: 53,092,227 shares
- Votes in favor: 53,089,877 shares (100.00% of votes polled)
- Votes against: 2,350 shares (0.00% of votes polled)
- Category breakdown:
- Promoter & Promoter Group: 50,231,344 shares voted, 100% in favor
- Public - Institutions: 1 share voted, 100% in favor
- Public-Non Institutions: 2,860,882 shares voted, 99.92% in favor (2,858,532 shares), 0.08% against (2,350 shares)
Resolution 3 - Appointment of Secretarial Auditor
- Total votes polled: 53,092,227 shares
- Votes in favor: 53,090,048 shares (100.00% of votes polled)
- Votes against: 2,179 shares (0.00% of votes polled)
- Category breakdown:
- Promoter & Promoter Group: 50,231,344 shares voted, 100% in favor
- Public - Institutions: 1 share voted, 100% in favor
- Public-Non Institutions: 2,860,882 shares voted, 99.92% in favor (2,858,703 shares), 0.08% against (2,179 shares)
Scrutinizer's Findings and Conclusions
- Manish Maheshwari of M. Maheshwari & Associates served as Scrutinizer
- Voting process complied with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
- Company published public advertisement in Free Press Journal (English) and Choutha Sansar (Hindi) on August 25, 2026
- All resolutions passed with requisite majority
- Electronic voting data maintained under Scrutinizer's safe custody until handed to Company Secretary
Compliance Confirmation
Meeting conducted in compliance with:
- MCA Circulars: General Circular Nos. 14/2020, 17/2020, 20/2020, 09/2023, 09/2024 and 03/2025
- SEBI Circulars: SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167 and SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133
- Companies Act, 2013 and SEBI LODR Regulations, 2015
Additional Information
- Company Address: 57-FA, Scheme No. 94, Pipliyahana Junction, Ring Road, Indore, Madhya Pradesh, India, 452016