Meeting Details

The 37th Annual General Meeting was held on Thursday, 24th September 2026 at 11.30 A.M. The meeting was conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).

Summary of Proposed Resolutions and Implications

Two ordinary resolutions were proposed for shareholder approval:

1. To receive, consider and adopt the audited financial statements of the Company for the financial year ended 31st March 2026 together with the reports of the Board of Directors and Auditors thereon.

2. To appoint a director in place of Shri Sunil Jain (DIN: 09665264), Nominee Director, who retires by rotation, and being eligible, offers himself for re-appointment.

Neither resolution involved promoter interest.

Voting Process and Methods Used

Voting was conducted via two methods:

  • Remote e-voting: The facility was provided by Central Depository Services (India) Limited (CDSL). It commenced on 28th August 2026 and ended at 5.00 P.M. on 23rd September 2026.
  • E-voting during the AGM: This facility was kept open for 15 minutes from the conclusion of the AGM for members present through VC/OAVM who had not voted remotely.

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total Votes Cast: 28,792,176 votes, representing 64.88% of total outstanding shares (44,378,200).
  • Votes in Favor: 28,791,945 (99.99% of votes polled)
  • Votes Against: 231 (0.01% of votes polled)

Category-wise Breakdown for Resolution 1:

  • Promoter and Promoter Group: Held 28,773,800 shares. Voted 28,773,800 shares (100% of their holding) entirely in favor via remote e-voting.
  • Public Institutions: Held 40,900 shares. Did not cast any votes.
  • Public Non-Institutions: Held 15,563,500 shares. Cast 18,376 votes (0.12% of their holding). 18,145 votes (98.74%) were in favor and 231 votes (1.26%) were against. This included 18,375 votes via remote e-voting and 1 vote via e-voting during the AGM.

Resolution 2: Re-appointment of Director Shri Sunil Jain

  • Total Votes Cast: 28,792,176 votes, representing 64.88% of total outstanding shares.
  • Votes in Favor: 28,791,860 (99.99% of votes polled)
  • Votes Against: 316 (0.01% of votes polled)

Category-wise Breakdown for Resolution 2:

  • Promoter and Promoter Group: Voted 28,773,800 shares entirely in favor via remote e-voting.
  • Public Institutions: Did not cast any votes.
  • Public Non-Institutions: Cast 18,376 votes. 18,060 votes (98.28%) were in favor and 316 votes (1.72%) were against.

Shareholder Participation

  • Total Number of Shareholders on Record Date: 50,125
  • Number of Shareholders who attended the meeting through video conferencing: 58
  • Number of Members who Voted: 77 members voted across both resolutions (76 via remote e-voting and 1 via e-voting during the AGM).

Scrutinizer's Role, Findings, and Conclusions

M/s. GRNK & ASSOCIATES, Company Secretaries, were appointed as the scrutinizer. Their key findings were:

  • The notice for the AGM was dispatched to all members on 28th August 2026 via electronic means and placed on the company's and CDSL's websites.
  • The remote e-voting period was from 28th August 2026 to 23rd September 2026 (5:00 PM).
  • The e-voting facility at the AGM was open for 15 minutes after the meeting concluded.
  • Votes were unblocked on 24th September 2026 at 12:15 p.m. in the presence of two independent witnesses.
  • An electronic register was maintained recording shareholder details and their votes.
  • The scrutinizer confirmed both ordinary resolutions were passed.

Compliance Confirmation

The submission confirms compliance with:

  • Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of the Companies Act, 2013
  • Rule 20(4)(xii) of the Companies (Management and Administration) Rules, 2014