Meeting Details

  • Date and Time: Tuesday, June 30, 2026, from 11:00 a.m. IST to 1:30 p.m. IST
  • Location: Conducted entirely through Video Conference (VC)/Other Audio-Visual Means (OAVM)
  • Type of Meeting: 26th Annual General Meeting

Attendance

  • Members Present: 93 members (including authorized representatives)
  • Chairman: Mr. Sandeep Batra, Chairman of the Board of Directors
  • Directors Present: 8 directors attended virtually from various locations (Mumbai, New Delhi, Dallas, USA)
  • Other Attendees: Mr. Dhiren Salian (CFO), Ms. Priya Nair (Company Secretary), joint statutory auditors (Walker Chandiok & Co. LLP, M. P. Chitale & Co.), new joint statutory auditor designee (Chaturvedi & Co LLP), secretarial auditor (M/s. Parikh & Associates), and scrutinizer (Mr. Alwyn D'Souza)

Voting Process and Methods

  • Remote E-voting: Provided through National Securities Depository Limited (NSDL) from June 27, 2026 (9:00 a.m. IST) to June 29, 2026 (5:00 p.m. IST) for shareholders as of June 23, 2026 (cut-off date)
  • Electronic Voting During AGM: Facility provided for 30 minutes after the meeting conclusion for members who could not participate in remote e-voting
  • Scrutinizer: Mr. Alwyn D'Souza, Proprietor of M/s. Alwyn D'Souza & Co., Company Secretaries, was appointed to scrutinize both remote e-voting and electronic voting during the AGM

Summary of Resolutions and Voting Outcomes

All 11 ordinary resolutions were passed with requisite majority. The detailed results are as follows:

Resolution 1: Adoption of Financial Statements

  • Total Votes Cast: 1,363,531,879
  • In Favor: 1,363,531,879 votes (100%)
  • Against: 8,813 votes (0.00%)
  • Invalid/Abstain: 0

Resolution 2: Declaration of Dividend

  • Total Votes Cast: 1,363,540,069
  • In Favor: 1,363,540,069 votes (99.99%)
  • Against: 120,479 votes (0.01%)
  • Invalid/Abstain: 0

Resolution 3: Re-appointment of Mr. Sandeep Batra

  • Total Votes Cast: 1,338,069,477
  • In Favor: 1,338,069,477 votes (98.14%)
  • Against: 25,309,549 votes (1.86%)
  • Invalid/Abstain: 0

Resolution 4: Appointment of Chaturvedi & Co. LLP as Joint Statutory Auditor

  • Total Votes Cast: 1,306,340,928
  • In Favor: 1,306,340,928 votes (95.80%)
  • Against: 57,319,620 votes (4.20%)
  • Invalid/Abstain: 0

Resolution 5: Remuneration of M. P. Chitale & Co. for FY2027

  • Total Votes Cast: 1,363,657,833
  • In Favor: 1,363,657,833 votes (100.00%)
  • Against: 2,715 votes (0.00%)
  • Invalid/Abstain: 0

Resolution 6: Audit of IFSC Insurance Office by M. P. Chitale & Co.

  • Total Votes Cast: 1,363,657,794
  • In Favor: 1,363,657,794 votes (100.00%)
  • Against: 2,754 votes (0.00%)
  • Invalid/Abstain: 0

Resolution 7: Remuneration of Walker Chandiok & Co. LLP for BRSR Assurance

  • Total Votes Cast: 1,363,650,975
  • In Favor: 1,363,650,975 votes (100.00%)
  • Against: 9,573 votes (0.00%)
  • Invalid/Abstain: 0

Resolution 8: Related Party Transactions with ICICI Bank Limited for FY2028

  • Total Votes Cast: 308,506,872 (excluding related party votes)
  • In Favor: 308,506,872 votes (100.00%)
  • Against: 2,258 votes (0.00%)
  • Invalid/Abstain: 0

Resolution 9: Related Party Transactions with ICICI Securities Primary Dealership Limited for FY2028

  • Total Votes Cast: 308,506,788 (excluding related party votes)
  • In Favor: 308,506,788 votes (100.00%)
  • Against: 2,342 votes (0.00%)
  • Invalid/Abstain: 0

Resolution 10: Remuneration of Mr. Anup Bagchi, MD & CEO

  • Total Votes Cast: 1,361,024,679
  • In Favor: 1,361,024,679 votes (99.88%)
  • Against: 1,636,291 votes (0.12%)
  • Invalid/Abstain: 0

Resolution 11: Remuneration of Secretarial Auditor for FY2027

  • Total Votes Cast: 1,363,657,608
  • In Favor: 1,363,657,608 votes (100.00%)
  • Against: 2,838 votes (0.00%)
  • Invalid/Abstain: 0

Scrutinizer's Findings and Conclusions

Mr. Alwyn D'Souza confirmed that the voting process was conducted fairly and transparently. The votes were unblocked from the NSDL e-voting website on June 30, 2026, at 1:30 p.m. IST in the presence of two independent witnesses (Mr. Edlon Dsouza and Mr. Krishnakant Adagale). All resolutions were deemed passed with the requisite majority.

Compliance Confirmation

The meeting was conducted in compliance with the Companies Act, 2013, SEBI Listing Regulations, MCA circulars (including the latest dated September 22, 2025), and Secretarial Standard SS-2. The notice of AGM was sent electronically to members, published in newspapers, and hosted on the company and stock exchange websites.