AGM Details

The 71st Annual General Meeting was held on September 18, 2026, at 4:00 PM IST through Video Conferencing/Other Audio-Visual Means. The deemed venue was the Registered Office of the Company. The total number of shareholders on the record date (September 11, 2026) was 16,577.

Voting Participation

57 shareholders attended the meeting through Video Conferencing (1 promoter and 56 public shareholders). The mode of voting for all resolutions was remote e-voting and e-voting at the meeting.

Resolution Details and Voting Results

Resolution 1: Consideration and adoption of Audited Financial Statement

  • Description: Consideration and adoption of Audited Financial Statement of the Company for the financial year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon (Ordinary Resolution)
  • Promoter interest: No
  • Total shares outstanding: 5,01,94,172
  • Total valid votes polled: 2,66,14,364 (53.0228% of outstanding shares)
  • Votes in favor: 2,54,88,707 (95.7705% of votes polled)
  • Votes against: 11,25,657 (4.2295% of votes polled)
  • Result: Passed

Resolution 2: Appointment of Mr. Karanvir Singh Gill

  • Description: Appointment of Mr. Karanvir Singh Gill (DIN: 07283590) as a retiring Director by rotation (Ordinary Resolution)
  • Total valid votes polled: 2,66,14,264 (53.0226% of outstanding shares)
  • Votes in favor: 2,54,88,017 (95.7683% of votes polled)
  • Votes against: 11,26,247 (4.2317% of votes polled)
  • Result: Passed

Resolution 3: Appointment of Ms. Bindu Navinchandra Trivedi

  • Description: Appointment of Ms. Bindu Navinchandra Trivedi (DIN: 07986509) as a Director retiring by rotation (Ordinary Resolution)
  • Total valid votes polled: 2,66,14,264 (53.0226% of outstanding shares)
  • Votes in favor: 2,54,88,017 (95.7683% of votes polled)
  • Votes against: 11,26,247 (4.2317% of votes polled)
  • Result: Passed

Resolution 4: Appointment of Mr. Puneet Singhvi

  • Description: Appointment of Mr. Puneet Singhvi (DIN: 06890542) as a Non-Executive Independent Director (Ordinary Resolution)
  • Total valid votes polled: 2,66,14,364 (53.0228% of outstanding shares)
  • Votes in favor: 2,54,88,117 (95.7683% of votes polled)
  • Votes against: 11,26,247 (4.2317% of votes polled)
  • Result: Passed

Shareholder Category Voting Patterns

Promoter and Promoter Group

  • Shares held: 2,54,42,694
  • Votes polled: 2,54,42,694 (100% participation)
  • All resolutions: 100% in favor, 0% against across all resolutions

Public - Institutions

  • Shares held: 3,86,546
  • Votes polled: 0 (0% participation)
  • No votes cast on any resolution

Public - Non Institutions

  • Shares held: 2,43,64,932
  • Votes polled: Approximately 11,71,570-11,71,670 (4.8084-4.8088% participation)
  • Strong opposition: 96.07-96.13% against all resolutions
  • Minimal support: 3.87-3.93% in favor across resolutions

Invalid Votes

There were zero invalid votes across all shareholder categories (Promoter and Promoter Group: 0, Public-Institutions: 0, Public-Non Institutions: 0).

Special Share Considerations

  • 50,643 shares (0.10% of share capital) transferred to Unclaimed Suspense Account pursuant to Regulation 39(4) of SEBI LODR Regulations
  • 54,245 shares (0.11% of share capital) transferred to Investor Education and Protection Fund Authority
  • Voting rights on these shares remain frozen until claimed by rightful owners

Scrutinizer Report

Neelesh Kumar Jain, Company Secretary in Practice (FCS: 5593/CP No. 5233), was appointed as Scrutinizer. The remote e-voting period was from September 14, 2026 (9:00 AM IST) to September 17, 2026 (5:00 PM IST). The e-votes were unblocked on September 18, 2026, after the AGM conclusion, witnessed by Ms. Divjyot Kaur and Ms. Beauty.

The scrutinizer confirmed all resolutions were passed with requisite majority and there were no invalid votes due to lack of proper authorization.