Meeting Details

The 27th AGM was held on Tuesday, 22nd September 2026 at 11:30 AM IST through Video Conferencing/Other Audio Visual Means. The meeting commenced with requisite quorum present.

Voting Process

Priti Jajodia, Practicing Company Secretary (Membership No: 36944 / C.P. No. 19900) was appointed as Scrutinizer. Remote e-voting was conducted through MUFG Intime India Private Limited (formerly Link Intime India Private Limited) from Friday, 18th September 2026 (09:00 AM IST) to Monday, 21st September 2026 (05:00 PM IST). Electronic voting was also available during the AGM.

Cut-off date for shareholder eligibility was Tuesday, 15th September 2026. Notice of AGM was sent to shareholders on 21st August 2026, and advertisements were published in Business Standard (English) and Pratahkal (Marathi) on 28th August 2026.

Voting Results

Resolution 1 (Ordinary Resolution): Adoption of Audited Standalone and Consolidated Financial Statements for FY ended 31st March 2026, Independent Auditor's Report, and Board of Directors' Reports

  • Remote e-voting: 18 shareholders, 12,458,750 votes (100% assent)
  • Voting at AGM: 1 shareholder, 60,800 votes (100% assent)
  • Total: 19 shareholders, 12,519,550 votes (100% assent)

Resolution 2 (Ordinary Resolution): Re-appointment of Mr. Raman Sharma (DIN: 01484372) as director retiring by rotation

  • Remote e-voting: 16 shareholders, 10,920,605 votes assent (99.99%); 1 shareholder, 800 votes dissent (0.01%)
  • Voting at AGM: 1 shareholder, 60,800 votes assent (100%)
  • Total: 17 shareholders, 10,981,405 votes assent (99.99%); 1 shareholder, 800 votes dissent (0.01%)

Resolution 3 (Ordinary Resolution): Approval of material Related Party Transaction with Innovators Contracting Works Private Limited (associate of wholly owned subsidiary) under Section 188

  • Remote e-voting: 15 shareholders, 11,308,435 votes assent (99.98%); 1 shareholder, 1,600 votes dissent (0.02%)
  • Voting at AGM: 1 shareholder, 60,800 votes assent (100%)
  • Total: 16 shareholders, 11,368,935 votes assent (99.98%); 1 shareholder, 1,600 votes dissent (0.02%)

Resolution 4 (Ordinary Resolution): Approval of material Related Party Transaction with Innovative Windows Private Limited (formerly Innovators Building Products Private Limited) under Section 188

  • Remote e-voting: 14 shareholders, 11,188,435 votes assent (99.98%); 1 shareholder, 1,600 votes dissent (0.02%)
  • Voting at AGM: 1 shareholder, 60,800 votes assent (100%)
  • Total: 15 shareholders, 11,249,235 votes assent (99.98%); 1 shareholder, 1,600 votes dissent (0.02%)

Resolution 5 (Ordinary Resolution): Approval of material Related Party Transaction with Cleantech Engineering Private Limited under Section 188

  • Remote e-voting: 16 shareholders, 12,142,750 votes assent (99.99%); 1 shareholder, 1,600 votes dissent (0.01%)
  • Voting at AGM: 1 shareholder, 60,800 votes assent (100%)
  • Total: 17 shareholders, 12,203,550 votes assent (99.99%); 1 shareholder, 1,600 votes dissent (0.01%)

Resolution 6 (Ordinary Resolution): Approval of material Related Party Transaction with Parth Facade Solutions Private Limited under Section 188

  • Remote e-voting: 15 shareholders, 11,273,780 votes assent (99.99%); 1 shareholder, 1,600 votes dissent (0.01%)
  • Voting at AGM: 1 shareholder, 60,800 votes assent (100%)
  • Total: 16 shareholders, 11,334,580 votes assent (99.99%); 1 shareholder, 1,600 votes dissent (0.01%)

Resolution 7 (Ordinary Resolution): Appointment of M/s. Y.R. Doshi & Co., Cost Accountants, Mumbai (FRN: 000003) as Cost Auditors for FY 2026-27

  • Remote e-voting: 17 shareholders, 12,458,750 votes (100% assent)
  • Voting at AGM: 1 shareholder, 60,800 votes (100% assent)
  • Total: 18 shareholders, 12,519,550 votes (100% assent)

Total Participation

19 shareholders participated in the voting process with a total of 12,519,550 votes cast across all resolutions.