Meeting Details
The 106th Annual General Meeting was held on Tuesday, September 22, 2026, from 3:00 PM to 3:26 PM through Video Conferencing. Record date for voting eligibility was September 15, 2026, with 13,827 shareholders on record date.
Attendance Details
- Promoters and Promoter Group: 7 attendees through video conferencing
- Public shareholders: 26 attendees through video conferencing
- No shareholders attended in person or through proxy
Scrutinizer Appointment
Mr. Md. Shahnawaz, Proprietor of M/s. M Shahnawaz & Associates, Company Secretaries (Membership No. 21427), was appointed as Scrutinizer by the Board of Directors on May 30, 2026.
Voting Results Summary
All four resolutions were approved by shareholders with near-unanimous support:
- Total outstanding shares: 63,972,720
- Total votes polled: 45,948,729 (71.8255% of outstanding shares)
- Overall approval rate: 99.9998%
- Opposition votes: 71 shares (0.0002%)
Resolution Details
Resolution 1: Ordinary Resolution
Description: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, together with Reports of Directors and Auditors.
Result: Approved
Voting Breakdown:
- Votes in favor: 45,948,658 shares (99.9998%)
- Votes against: 71 shares (0.0002%)
Resolution 2: Ordinary Resolution
Description: To declare a final dividend of Re. 0.20 per equity share for the year ended March 31, 2026.
Result: Approved
Voting Breakdown:
- Votes in favor: 45,948,658 shares (99.9998%)
- Votes against: 71 shares (0.0002%)
Resolution 3: Ordinary Resolution
Description: To appoint Mr. Bharat Mohta (DIN: 00392090) as director who retires by rotation and offers himself for re-appointment.
Result: Approved
Voting Breakdown:
- Votes in favor: 45,948,658 shares (99.9998%)
- Votes against: 71 shares (0.0002%)
Resolution 4: Special Resolution
Description: Appointment of Mrs. Seema Agarwal (DIN: 07811988) as an Independent Director of the Company.
Result: Approved
Voting Breakdown:
- Votes in favor: 45,948,658 shares (99.9998%)
- Votes against: 71 shares (0.0002%)
Scrutinizer's Report Details
Mr. Md. Shahnawaz submitted his scrutinizer report dated September 23, 2026. The remote e-voting period commenced at 9:00 AM on September 19, 2026, and ended at 5:00 PM on September 21, 2026, through NSDL's e-voting platform.
Detailed Voting Analysis:
- 78 members voted through remote e-voting, 1 member voted during AGM
- Total members voted: 79
- Total valid votes cast: 45,948,658 shares
- Invalid votes: NIL across all categories
Financial Impact
The declaration of final dividend of Re. 0.20 per equity share represents a cash outflow to shareholders. The exact total dividend amount is not quantified in the disclosure.