Meeting Details

The 93rd Annual General Meeting was held on 30th June 2026 at 02:00 P.M. (IST) through Video Conference/Other Audio Visual Means. The meeting concluded at 17:40 (IST).

Meeting Attendance and Quorum

The Record Date for the meeting was 23rd June 2026, with 11,60,840 shareholders registered.

Attendance breakdown:

  • Promoter and Promoter Group shareholders attending through VC: 7
  • Public shareholders attending through VC: 137
  • Total shareholders present: 144

The requisite quorum was present, and the meeting was called to order by Chairman Mr. Nitin Paranjpe.

Directors and Management Attendance

All Directors of the Company attended the AGM. The Chairman introduced the Directors, Management Committee Members, and Invitees present at the meeting.

Resolutions Proposed

The following 7 resolutions were proposed for voting:

ORDINARY BUSINESS

1. Adoption of audited financial statements for FY ended 31st March 2026 with Reports of Board of Directors and Auditors

2. Confirmation of Interim Dividend and declaration of Final Dividend for FY ended 31st March 2026

3. Re-appointment of Mr. Nitin Paranjpe (DIN: 00045204) as Director liable to retire by rotation

4. Re-appointment of Mr. Niranjan Gupta (DIN: 07806792) as Director liable to retire by rotation

5. Re-appointment of Mr. B.P. Biddappa (DIN: 06586886) as Director liable to retire by rotation

SPECIAL BUSINESS

6. Re-appointment of Ms. Ashu Suyash (DIN: 00494515) as an Independent Director of the Company (Special Resolution)

7. Ratification of remuneration to Cost Auditors for Financial Year ending 31st March 2027

Voting Process and Scrutinizer Appointment

The Company appointed Mr. S. N. Ananthasubramanian, Practising Company Secretary (FCS: 4206 and COP No.: 1774) as the Scrutinizer to scrutinize the process of remote e-voting held prior to and during the AGM.

Voting was conducted electronically during the meeting. The e-voting results along with the consolidated Scrutinizer's Report will be intimated to the Stock Exchanges and placed on the website of the Company, NSDL, and the Stock Exchanges.

Compliance Statements

The voting results will be submitted pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Report of the Scrutinizer pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014.

Other Proceedings

The Chairman addressed the meeting on the topic "Resilience to Reinvention." Members who had registered as speakers addressed the meeting through VC/OAVM and sought clarifications on the Company's accounts and businesses, to which the Chairman responded.

Appreciation was conveyed to Mr. Rohit Jawa and Mr. Ritesh Tiwari for their leadership and contributions, and to Mr. Srinandan Sundaram for his contributions during his tenure as a Member of the Management Committee.