Meeting Details

  • Date: Wednesday, 30th September, 2026
  • Time: Commenced at 12:00 noon IST and concluded at 12:23 p.m. IST
  • Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) without physical presence
  • Deemed Venue: Registered Office of the Company
  • Meeting Type: 17th Annual General Meeting

Compliance Framework

The meeting was conducted in compliance with:

  • Companies Act, 2013
  • General Circular No. 03/2025 dated 22nd September, 2025 issued by MCA
  • General Circular No. 20/2020 dated 5th May, 2020
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Other relevant circulars issued by MCA and SEBI

Meeting Proceedings

Mr. Chandrakant Patel, Chairman & Managing Director, chaired the meeting. The Company Secretary, Mr. Mandar Desai, conducted the proceedings. The meeting included:

  • Welcome address and quorum confirmation
  • Chairman's overview of industry state, company performance during FY 2025-26, and future outlook
  • Introduction of board members, senior management team, and auditors
  • Availability of Register of Directors & KMP, their shareholding, and Statutory & Secretarial Auditors' Report during the meeting
  • Reading of notice items dated 13th August, 2026
  • Response to shareholder queries

Voting Process

  • Remote e-voting facility was provided to all shareholders as of cut-off date
  • Remote e-voting period: 27th September, 2026 (from 09:00 A.M.) to 29th September, 2026 (till 05:00 P.M.)
  • Shareholders attending AGM who hadn't voted remotely could vote by e-voting during the meeting
  • E-voting facility remained open for 15 minutes during the meeting for live voting
  • Necessary registers and reports were kept open for inspection in electronic mode during AGM

Resolutions Transacted

The following eight agenda items from the notice were considered and approved:

| Item No. | Resolution Description | Type of Resolution |

| 1 | Adoption of Audited Standalone & Consolidated Financial Statements for FY ended March 31, 2026 and Reports of Board of Directors and Auditors | Ordinary Resolution |

| 2 | Declaration of Final Dividend of ₹2.25 per Equity Share | Ordinary Resolution |

| 3 | Re-appointment of Mr. Vipul I. Patel (DIN: 02473121) who retires by rotation under Section 152(6) of Companies Act, 2013 | Ordinary Resolution |

| 4 | Ratification of remuneration payable to Cost Auditors for FY 2026-27 pursuant to Section 148 of Companies Act, 2013 | Ordinary Resolution |

| 5 | Re-appointment of Mr. Chandrakant P. Patel as Managing Director for 3 years from September 05, 2026 to September 04, 2029 | Special Resolution |

| 6 | Reappointment of Mr. Rajendra P. Patel as Joint Managing Director for 3 years from September 05, 2026 to September 04, 2029 | Special Resolution |

| 7 | Reappointment of Mr. Vipul I. Patel as Joint Managing Director for 3 years from September 05, 2026 to September 04, 2029 | Special Resolution |

| 8 | Maintenance of Register of Members with Index and copies of Annual Returns at MUFG Intime India Private Limited (RTA) office premises | Special Resolution |

Voting Results Disclosure

  • The scrutinizer's report and e-voting results will be declared within 2 working days of AGM conclusion
  • Results will be communicated to National Stock Exchange of India Ltd
  • Detailed voting results as required under Regulation 44(3) of SEBI LODR will be submitted separately within stipulated time