Meeting Details

  • Date: Tuesday, September 29, 2026
  • Time: 05:00 p.m.
  • Location: Conducted through Video Conferencing (VC)/Other Audio Video Means (OAVM)
  • Type: 11th Annual General Meeting
  • Record Date: September 22, 2026
  • Total Shareholders on Record Date: 74,931

Shareholder Participation

  • Total Shareholders Attended Meeting: 50 (2 Promoters/Promoter Group + 48 Public)
  • Total Resolutions Passed: 5

Resolution Details and Voting Outcomes

Resolution No. 1: Adoption of Financial Statements

Ordinary Resolution to receive, consider and adopt Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Statutory Auditors.

Voting Results:

  • Total Votes Cast: 31,697,799 (77.1993% of outstanding shares)
  • In Favor: 31,697,695 votes (99.9997% of votes polled)
  • Against: 104 votes (0.0003% of votes polled)
  • Result: Passed

Category-wise Breakdown:

  • Promoter & Promoter Group: 20,835,059 votes (100% in favor)
  • Public Institutions: 1,291,535 votes (100% in favor, 91.0847% participation)
  • Public Non-Institutions: 9,571,205 votes (99.9989% in favor, 50.8926% participation)

Resolution No. 2: Declaration of Final Dividend

Ordinary Resolution to declare final dividend on equity shares for FY ended March 31, 2026.

Voting Results:

  • Total Votes Cast: 31,697,799 (77.1993% of outstanding shares)
  • In Favor: 31,697,695 votes (99.9997% of votes polled)
  • Against: 104 votes (0.0003% of votes polled)
  • Result: Passed

Category-wise Breakdown:

  • Promoter & Promoter Group: 20,835,059 votes (100% in favor)
  • Public Institutions: 1,291,535 votes (100% in favor, 91.0847% participation)
  • Public Non-Institutions: 9,571,205 votes (99.9989% in favor, 0.0011% against, 50.8926% participation)

Resolution No. 3: Reappointment of Director

Ordinary Resolution to appoint Dr. Rajiv I. Modi (DIN: 01394558) as Director (Non-Executive Non-Independent).

Voting Results:

  • Total Votes Cast: 31,697,799 (77.1993% of outstanding shares)
  • In Favor: 31,303,037 votes (98.7546% of votes polled)
  • Against: 394,762 votes (1.2454% of votes polled)
  • Result: Passed

Category-wise Breakdown:

  • Promoter & Promoter Group: 20,835,059 votes (100% in favor)
  • Public Institutions: 1,291,535 votes (69.4961% in favor, 30.5039% against, 91.0847% participation)
  • Public Non-Institutions: 9,571,205 votes (99.9917% in favor, 0.0083% against, 50.8926% participation)

Resolution No. 4: Appointment of Statutory Auditors

Ordinary Resolution for appointment of M/s. Sorab S. Engineer & Co, Chartered Accountants (Firm Registration No. 110417W) as Statutory Auditors.

Voting Results:

  • Total Votes Cast: 31,697,799 (77.1993% of outstanding shares)
  • In Favor: 31,697,545 votes (99.9992% of votes polled)
  • Against: 254 votes (0.0008% of votes polled)
  • Result: Passed

Category-wise Breakdown:

  • Promoter & Promoter Group: 20,835,059 votes (100% in favor)
  • Public Institutions: 1,291,535 votes (100% in favor, 91.0847% participation)
  • Public Non-Institutions: 9,571,205 votes (99.9973% in favor, 0.0027% against, 50.8926% participation)

Resolution No. 5: Ratification of Cost Auditors' Remuneration

Ordinary Resolution to ratify remuneration of Cost Auditors for FY ending March 31, 2027.

Voting Results:

  • Total Votes Cast: 31,697,799 (77.1993% of outstanding shares)
  • In Favor: 31,697,585 votes (99.9993% of votes polled)
  • Against: 214 votes (0.0007% of votes polled)
  • Result: Passed

Category-wise Breakdown:

  • Promoter & Promoter Group: 20,835,059 votes (100% in favor)
  • Public Institutions: 1,291,535 votes (100% in favor, 91.0847% participation)
  • Public Non-Institutions: 9,571,205 votes (99.9978% in favor, 0.0022% against, 50.8926% participation)

Voting Process and Methods

  • Remote E-voting Period: September 26, 2026 (9:00 a.m.) to September 28, 2026 (5:00 p.m.)
  • E-voting During AGM: Conducted for members attending meeting who hadn't voted remotely
  • E-voting Service Provider: MUFG Intime India Private Limited
  • Votes Unblocked: September 29, 2026 at 6:00 p.m. by scrutinizer in presence of witnesses

Scrutinizer's Role and Findings

  • Scrutinizer: CS Manoj Rajaram Hurkat of Manoj Hurkat & Associates, Practicing Company Secretaries, Ahmedabad
  • Witnesses: Sunil Mulchandani and Yash D. Panchal
  • Findings: All resolutions passed with required majority. No invalid or unutilized votes reported.
  • Scrutinizer's Report Date: September 30, 2026

Compliance Confirmation

Scrutinizer confirmed compliance with Sections 108 & 109 of Companies Act, 2013 read with Rules 20 & 21 of Companies (Management and Administration) Rules, 2014, MCA Circulars, and SEBI regulations.