Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

Date of Meeting: Wednesday, September 30, 2026

Time of Meeting: 12:30 PM to 12:41 PM

Type of Meeting: Annual General Meeting (AGM)

Location: Conducted through Video Conferencing (VC)/Other Audio Video Means (OAVM)

Record Date: Wednesday, September 23, 2026

Total Shareholders on Record Date: 9,182

Attendance Details

Shareholders Present in Person or Through Proxy: 0

  • Promoters and Promoter Group: 0
  • Public: 0

Shareholders Attended Through Video Conferencing: 41

  • Promoters and Promoter Group: 0
  • Public: 41

Voting Process

Remote E-Voting Period: Friday, September 25, 2026 (11:00 AM) to Tuesday, September 29, 2026 (05:00 PM)

E-Voting During AGM: Facility was available for members who had not cast votes through remote e-voting

Scrutinizer: CS Shilpa Shah (Firm: Shilpa Shah, Membership No: 15232)

Scrutinizer Appointment Date: August 8, 2026

Report Issuance Date: October 2, 2026

Voting Agency: MUFG Intime India Private Limited

Resolution Summary and Voting Outcomes

Total Resolutions Passed: 9

Resolution 1: Ordinary Resolution

Description: To receive, consider and adopt the audited standalone and consolidated financial statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors

Voting Results:

  • Total Votes Polled: 1,455,523 (16.853% of outstanding shares)
  • In Favor: 1,448,139 (99.4927% of votes polled)
  • Against: 7,384 (0.5073% of votes polled)

Result: Passed

Resolution 2: Ordinary Resolution

Description: To appoint Mr. Shaishav R. Shah (DIN: 00019293) as director who retires by rotation

Voting Results:

  • Total Votes Polled: 1,455,523 (16.853% of outstanding shares)
  • In Favor: 1,448,139 (99.4927% of votes polled)
  • Against: 7,384 (0.5073% of votes polled)

Result: Passed

Resolution 3: Special Resolution

Description: To approve re-appointment of Mr. Naveen Kumar Singh (DIN: 06953675) as Whole-time Director (Key Managerial Personnel) designated as Executive Professional Director

Voting Results:

  • Total Votes Polled: 1,455,523 (16.853% of outstanding shares)
  • In Favor: 1,448,139 (99.4927% of votes polled)
  • Against: 7,384 (0.5073% of votes polled)

Result: Passed

Resolution 4: Ordinary Resolution

Description: To approve material related party transaction for purchase of Goods and Raw-Materials with GSEC Limited for FY 2027-28

Voting Results:

  • Total Votes Polled: 1,455,523 (16.853% of outstanding shares)
  • In Favor: 1,448,139 (99.4927% of votes polled)
  • Against: 7,384 (0.5073% of votes polled)

Result: Passed

Resolution 5: Ordinary Resolution

Description: To approve material related party transaction for availing Inter Corporate Deposits/Borrowings with Electrify Energy Private Limited for FY 2027-28

Voting Results:

  • Total Votes Polled: 1,455,523 (16.853% of outstanding shares)
  • In Favor: 1,448,139 (99.4927% of votes polled)
  • Against: 7,384 (0.5073% of votes polled)

Result: Passed

Resolution 6: Ordinary Resolution

Description: To approve material related party transaction for purchase of Goods, Raw Materials and parts with Diamond Power Infrastructure Limited for FY 2027-28

Voting Results:

  • Total Votes Polled: 1,455,523 (16.853% of outstanding shares)
  • In Favor: 1,448,139 (99.4927% of votes polled)
  • Against: 7,384 (0.5073% of votes polled)

Result: Passed

Resolution 7: Ordinary Resolution

Description: To approve material related party transaction for sale of Goods with Smartmeters Technologies Private Limited for FY 2026-27

Voting Results:

  • Total Votes Polled: 1,455,523 (16.853% of outstanding shares)
  • In Favor: 1,448,139 (99.4927% of votes polled)
  • Against: 7,384 (0.5073% of votes polled)

Result: Passed

Resolution 8: Ordinary Resolution

Description: To approve material related party transaction for sale of Goods with Smartmeters Technologies Private Limited for FY 2027-28

Voting Results:

  • Total Votes Polled: 1,455,523 (16.853% of outstanding shares)
  • In Favor: 1,448,139 (99.4927% of votes polled)
  • Against: 7,384 (0.5073% of votes polled)

Result: Passed

Resolution 9: Special Resolution

Description: To approve shifting of Registered office from Silvassa to Ahmedabad (from UT of Dadra and Nagar Haveli to State of Gujarat)

Voting Results:

  • Total Votes Polled: 1,455,523 (16.853% of outstanding shares)
  • In Favor: 1,448,139 (99.4927% of votes polled)
  • Against: 7,384 (0.5073% of votes polled)

Result: Passed

Shareholder Category Breakdown

Total Outstanding Shares: 8,636,563

Promoter and Promoter Group:

  • Shares Held: 1,447,207
  • Votes Polled: 1,447,188 (99.9987% of shares held)
  • In Favor: 1,447,188 (100% of votes polled)
  • Against: 0 (0% of votes polled)

Public Institutions:

  • Shares Held: 0
  • Votes Polled: 0
  • In Favor: 0
  • Against: 0

Public Non-Institutions:

  • Shares Held: 7,189,356
  • Votes Polled: 8,335 (0.1159% of shares held)
  • In Favor: 951 (11.4097% of votes polled)
  • Against: 7,384 (88.5903% of votes polled)

Scrutinizer's Findings

  • No invalid/incomplete votes found in the e-voting system
  • Remote e-voting period: September 25, 2026 (11:00 AM) to September 29, 2026 (05:00 PM)
  • Votes were unblocked on September 30, 2026 at approximately 12:56 PM in presence of two witnesses not employed by the company
  • Electronic register and voting records remain in scrutinizer's safe custody until Chairman approves and signs meeting minutes

Compliance Statement

The company confirms compliance with:

  • Section 108 of Companies Act, 2013 and Rules made thereunder
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies (Management and Administration) Rules, 2014
  • MCA Circulars including General Circular no. 09/2023, 09/2024, and 3/2025

Additional Information

Corporate Office: CH-7, Inspire Business Park, Shantigram, SG Highway, Ahmedabad - 382421