Meeting Details

The 7th Annual General Meeting was held on Tuesday, 22nd September, 2026 at 03:30 PM IST through Video Conferencing. The deemed venue was 11 Unique House, Chakala Cross Road, Andheri East, Mumbai, Maharashtra, India, 400099.

Proposed Resolutions and Implications

Five resolutions were considered:

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements (including audited consolidated financial statements) of the Company for the Financial Year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon.

2. To declare a final dividend of 20% i.e. Rs. 0.40 per equity share of face value of Rs. 2 each for the financial year ended March 31, 2026.

3. To appoint Ms. Nidhi Haresh Motwani (DIN: 06655834) as Director, liable to retire by rotation.

Special Business:

4. To re-appoint Ms. Nidhi Haresh Motwani (DIN: 06655834) as the Executive Director of the Company for a term of 3 consecutive years.

5. To approve the remuneration payable to Ms. Nidhi Haresh Motwani as the Executive Director of the Company.

Voting Process and Methods

The Company provided remote e-voting and e-voting at AGM facilities. The remote e-voting period commenced at 9:00 AM on Saturday, September 19, 2026 and concluded at 05:00 PM on Monday, September 21, 2026. E-voting during the AGM was provided for an additional 15 minutes after the meeting conclusion. CDSL remote e-voting portal was used (EVSN 260904023). There was no facility for physical ballot papers.

Key Voting Outcomes

Overall Participation:

  • Total number of shareholders as on record date (15th September, 2026): 52,523
  • Total shares outstanding: 9,18,74,735
  • Total votes polled: 6,55,73,958 shares (71.37% of outstanding shares)
  • Shareholders attended through Video Conferencing: Promoters - 3, Public - 38

Resolution-wise Results:

Resolution 1 (Ordinary - Financial Statements):

  • Total votes in favor: 6,55,73,848 (100.00% of votes polled)
  • Votes against: 110 (0.00% of votes polled)

Resolution 2 (Ordinary - Dividend Declaration):

  • Total votes in favor: 6,55,73,828 (100.00% of votes polled)
  • Votes against: 130 (0.00% of votes polled)

Resolution 3 (Ordinary - Director Appointment):

  • Total votes in favor: 6,55,63,495 (99.98% of votes polled)
  • Votes against: 10,463 (0.02% of votes polled)

Resolution 4 (Special - Executive Director Re-appointment):

  • Total votes in favor: 6,55,63,495 (99.98% of votes polled)
  • Votes against: 10,463 (0.02% of votes polled)

Resolution 5 (Special - Executive Director Remuneration):

  • Total votes in favor: 6,55,62,445 (99.98% of votes polled)
  • Votes against: 11,513 (0.02% of votes polled)

Category-wise Breakdown:

  • Promoter & Promoter Group: 100% participation (6,55,50,675 shares), voted 100% in favor on all resolutions
  • Public Institutions: Minimal participation (0.09% of their holding)
  • Public Non-Institutions: 0.09% participation of their holding

Scrutinizer's Role and Findings

Mr. Shivam Sharma, proprietor of M/s. Shivam Sharma & Associates, Practicing Company Secretaries, Mumbai, was appointed as Scrutinizer. His responsibilities included ensuring a fair and transparent voting process and scrutinizing the remote e-voting process. The scrutinizer confirmed that all resolutions were passed with the requisite majority and that the voting process complied with applicable regulations.

Compliance Confirmation

The document confirms compliance with Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI LODR Regulations, 2015. The meeting was conducted in accordance with MCA General Circular No 03/2025 dated September 22, 2025 and SEBI circulars permitting VC/OAVM meetings.