Meeting Details

The 27th Annual General Meeting was held on Monday, June 29, 2026, from 10:00 a.m. to 11:00 a.m. IST through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The meeting was deemed to be conducted at the Registered Office of the Company: 1st Floor, 29-Daryaganj, Netaji Subash Marg, New Delhi-110002.

Proposed Resolutions and Implications

The AGM considered three ordinary business resolutions:

1. To receive, consider and adopt the Audited Standalone & Consolidated Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors

2. To declare a final dividend of ₹30 per equity share for FY 2025-26 and a special dividend of ₹30 per equity share, aggregating to total dividend of ₹60 per equity share

3. To appoint a director in place of Mr. Brijesh Kumar Agrawal (DIN: 00191760), who retires by rotation and offered himself for re-appointment

Voting Process and Methods

The remote e-voting period commenced on Wednesday, June 24, 2026 (09:00 a.m. IST) and ended on Sunday, June 28, 2026 (05:00 p.m. IST). Members who did not cast votes through remote e-voting were provided facility to vote electronically during the AGM until 11:00 a.m. IST. The e-voting service was provided by National Securities Depository Limited (NSDL) through www.evoting.nsdl.com.

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date (June 22, 2026): 159,394
  • Total shares outstanding: 60,143,148
  • Total votes polled: 49,210,147 shares (81.8217% of outstanding shares)

Resolution-wise Results

Resolution 1 - Adoption of Financial Statements

  • Total votes in favor: 49,210,114 (99.9999%)
  • Total votes against: 33 (0.0001%)
  • Promoter & Promoter Group: 29,514,888 votes (100% in favor)
  • Public Institutions: 17,717,199 votes (100% in favor)
  • Public Non-Institutions: 1,978,060 votes (99.9983% in favor, 0.0017% against)

Resolution 2 - Dividend Declaration

  • Total votes in favor: 49,373,189 (99.9994%)
  • Total votes against: 11 (0.0006%)
  • Promoter & Promoter Group: 29,514,888 votes (100% in favor)
  • Public Institutions: 17,880,242 votes (100% in favor)
  • Public Non-Institutions: 1,978,070 votes (99.9994% in favor, 0.0006% against)

Resolution 3 - Director Re-appointment

  • Total votes in favor: 46,414,948 (94.0115%)
  • Total votes against: 2,956,622 (5.9885%)
  • Promoter & Promoter Group: 29,514,888 votes (100% in favor)
  • Public Institutions: 17,878,612 votes (83.4697% in favor, 16.5303% against)
  • Public Non-Institutions: 1,978,070 votes (99.9380% in favor, 0.0620% against)

Scrutinizer's Role and Findings

Mr. Deepak Kukreja (Membership No. F4140), Proprietor of M/s Deepak Kukreja & Associates, Company Secretaries (Firm Registration No.: S2009DE111700), was appointed as Scrutinizer. He confirmed:

  • The e-voting process was conducted fairly and transparently
  • No members opted for both remote e-voting and e-voting at AGM
  • All resolutions were passed with requisite majority
  • Electronic data and records are under safe custody until minutes approval

Compliance Confirmation

The meeting was conducted in compliance with:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standards
  • MCA General Circular No. 20/2020 and subsequent circulars
  • SEBI circulars regarding e-voting and virtual meetings

Additional Director Information

Mr. Brijesh Kumar Agrawal was re-appointed as Director liable to retire by rotation. He holds management degrees and has extensive experience in internet, networking, and systems development. He is related to Mr. Dinesh Chandra Agarwal (cousin brothers).

Mr. Dhruv Prakash ceased to be Non-Executive Non-Independent Director effective conclusion of the 27th AGM due to tenure completion.

Document Availability

All documents including proceedings, voting results, scrutinizer report, and director details are available on the company's website (https://investor.indiamart.com/AGM_EGM.aspx) and NSDL website (www.evoting.nsdl.com). Video recording and transcript of the AGM will also be uploaded.