Meeting Details

  • Date: 25th August, 2026
  • Time: 12:00 Noon (IST)
  • Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Type: 37th Annual General Meeting
  • Record Date: 18th August, 2026
  • Total Shareholders on Record: 77,069

Shareholder Participation

  • Promoter & Promoter Group attending via VC: 12 shareholders
  • Public shareholders attending via VC: 53 shareholders
  • Total shares outstanding: 198,054,340

Voting Process and Methods

  • Remote e-voting conducted through National Securities Depository Limited (NSDL) platform
  • Remote e-voting period: 22nd August 2026 (9:00 AM) to 24th August 2026 (5:00 PM)
  • E-voting facility also provided during AGM for shareholders who hadn't voted remotely
  • Scrutinizer: Mr. Vikas Chomal, Proprietor of M/s. Vikas R. Chomal & Associates, Practicing Company Secretaries

Resolution Outcomes

Resolution 1: Ordinary Business - Adoption of Financial Statements

  • Description: Adoption of Audited Standalone and Consolidated Financial Statements for FY 2025-26
  • Result: PASSED
  • Total votes polled: 142,028,308 shares (71.7118% of outstanding)
  • In favor: 142,026,735 votes (99.9989% of votes polled)
  • Against: 1,573 votes (0.0011% of votes polled)
  • Promoter voting: 100% in favor (116,326,767 shares)
  • Public Institutions: 100% in favor (24,983,711 shares)
  • Public Non-Institutions: 99.7809% in favor (716,257 shares)

Resolution 2: Ordinary Business - Declaration of Dividend

  • Description: Declaration of Final Dividend of Rs. 1.50 per Equity Share (face value Rs. 2 each) for FY 2025-26
  • Result: PASSED
  • Total votes polled: 142,068,274 shares (71.7320% of outstanding)
  • In favor: 142,066,701 votes (99.9989% of votes polled)
  • Against: 1,573 votes (0.0011% of votes polled)
  • Promoter voting: 100% in favor (116,326,767 shares)
  • Public Institutions: 100% in favor (25,023,677 shares)
  • Public Non-Institutions: 99.7809% in favor (716,257 shares)

Resolution 3: Ordinary Business - Re-appointment of Director

  • Description: Re-appointment of Mr. Mohit Jain (DIN: 01473966) who retires by rotation
  • Promoter interest: Yes
  • Result: PASSED
  • Total votes polled: 142,068,274 shares (71.7320% of outstanding)
  • In favor: 141,818,398 votes (99.8241% of votes polled)
  • Against: 249,876 votes (0.1759% of votes polled)
  • Promoter voting: 100% in favor (116,326,767 shares)
  • Public Institutions: 99.0097% in favor (24,775,862 shares)
  • Public Non-Institutions: 99.7129% in favor (715,769 shares)

Resolution 4: Special Business - Re-appointment of Independent Director

  • Description: Re-appointment of Mrs. Ambika Sharma (DIN: 08201798) as Non-Executive Independent Director for 5 years
  • Result: PASSED
  • Total votes polled: 142,068,224 shares (71.7319% of outstanding)
  • In favor: 141,366,558 votes (99.5061% of votes polled)
  • Against: 701,666 votes (0.4939% of votes polled)
  • Promoter voting: 100% in favor (116,326,767 shares)
  • Public Institutions: 97.2058% in favor (24,324,471 shares)
  • Public Non-Institutions: 99.6573% in favor (715,320 shares)

Resolution 5: Special Business - Waiver of Excess Remuneration

  • Description: Approval of waiver of recovery of excess managerial remuneration paid to Mr. Anil Kumar Jain for FY 2025-26
  • Promoter interest: Yes
  • Result: PASSED
  • Total votes polled: 142,066,689 shares (71.7312% of outstanding)
  • In favor: 128,874,804 votes (90.7143% of votes polled)
  • Against: 13,191,885 votes (9.2857% of votes polled)
  • Promoter voting: 100% in favor (116,326,767 shares)
  • Public Institutions: 47.3007% in favor (11,835,620 shares)
  • Public Non-Institutions: 99.2459% in favor (712,417 shares)

Resolution 6: Special Business - Waiver of Excess Remuneration

  • Description: Approval of waiver of recovery of excess managerial remuneration paid to Mr. Mohit Jain for FY 2025-26
  • Promoter interest: Yes
  • Result: PASSED
  • Total votes polled: 142,066,689 shares (71.7312% of outstanding)
  • In favor: 129,468,203 votes (91.1320% of votes polled)
  • Against: 12,598,486 votes (8.8680% of votes polled)
  • Promoter voting: 100% in favor (116,326,767 shares)
  • Public Institutions: 49.6722% in favor (12,429,019 shares)
  • Public Non-Institutions: 99.2459% in favor (712,417 shares)

Scrutinizer's Role and Findings

  • Scrutinizer: Mr. Vikas Chomal of M/s. Vikas R Chomal and Associates
  • Appointment: By Board of Directors pursuant to Section 108 of Companies Act, 2013
  • Process: Scrutinized remote e-voting and e-voting during AGM using NSDL platform
  • Method: Votes unblocked and downloaded from NSDL platform in presence of two witnesses
  • Findings: All six resolutions passed with requisite majority
  • Record Keeping: Scrutinizer maintaining electronic register from NSDL, to be handed over to authorized directors

Compliance Confirmation

  • Compliance with Regulation 44(3) of SEBI (LODR) Regulations, 2015
  • Compliance with Section 108 of Companies Act, 2013 and relevant rules
  • Compliance with MCA circulars including General Circular No. 03/2025
  • Compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated 3rd October, 2024

Additional Information

  • NSDL e-voting platform: https://www.evoting.nsdl.com
  • ICSI Firm Peer Review Reg No: S2013MH216500
  • UDIN: F011623H001212658
  • All votes were declared valid with no invalid votes cast across all resolutions