Meeting Details

  • Date of Meeting: Thursday, 6th August, 2026
  • Time: Commenced at 10:30 a.m. IST and concluded at 12:55 p.m. IST
  • Location: Conducted through Video Conferencing / Other Audio Visual Means
  • Type of Meeting: 3rd Annual General Meeting
  • Chairman: Mr. S. Puri, Chairman and Non-Executive Director
  • Attendance: 300 Members attended the meeting (7 from Promoters and Promoter Group, 293 from Public)
  • Record Date: 30th July, 2026 (cut-off date for determining shareholders entitled to vote)
  • Total Shareholders on Record Date: 23,68,330

Proposed Resolutions and Implications

The AGM considered five resolutions as set out in the Notice dated 15th May, 2026:

Ordinary Business

1. Adoption of Financial Statements: Approval of (i) Standalone Financial Statements for FY ended 31st March, 2026 with Reports of Board of Directors and Auditors, and (ii) Consolidated Financial Statements for FY ended 31st March, 2026 with Report of Auditors.

2. Declaration of Final Dividend: Payment of ₹1 per Equity Share of ₹1 each for financial year ended 31st March, 2026.

3. Re-appointment of Director: Appointment of Mr. Rajendra Kumar Singhi (DIN: 00009931) who retired by rotation and offered himself for re-election.

4. Auditor Remuneration: Approval of remuneration to Messrs. S. R. Batliboi & Co. LLP, Chartered Accountants, as Statutory Auditors for financial year 2026-27.

Special Business

5. Appointment of Director: Appointment of Mr. Ramakrishnan Chander (DIN: 11331783) as a Director of the Company for a period of three years with effect from 6th August, 2026.

Voting Process and Methods

  • Remote e-voting period: From 9:00 a.m. IST on 2nd August, 2026 to 5:00 p.m. IST on 5th August, 2026
  • E-voting facility: Provided at the Meeting for Members who had not cast votes earlier through remote e-voting
  • Scrutinizer: Mr. R. L. Auddy, Senior Solicitor and Partner, Messrs. Sandersons and Morgans, appointed to scrutinize the process of remote e-voting and e-voting during the AGM

Key Voting Outcomes

All resolutions were passed with requisite majority. Detailed voting results:

Item No. 1 - Adoption of Financial Statements

  • Total Votes Polled: 1,66,25,31,870 shares (79.8152% of outstanding shares)
  • Votes in Favor: 1,66,21,98,970 shares (99.9800% of votes polled)
  • Votes Against: 3,32,900 shares (0.0200% of votes polled)
  • Promoter & Promoter Group: 83,00,00,000 shares voted, 100% in favor
  • Public-Institutions: 68,13,12,256 shares voted (92.5957% participation), 100% in favor
  • Public-Non Institutions: 15,12,19,614 shares voted (29.2390% participation), 99.7799% in favor, 0.2201% against

Item No. 2 - Declaration of Final Dividend

  • Total Votes Polled: 1,66,26,60,309 shares (79.8214% of outstanding shares)
  • Votes in Favor: 1,66,23,16,232 shares (99.9793% of votes polled)
  • Votes Against: 3,44,077 shares (0.0207% of votes polled)
  • Promoter & Promoter Group: 83,00,00,000 shares voted, 100% in favor
  • Public-Institutions: 68,14,43,501 shares voted (92.6136% participation), 100% in favor
  • Public-Non Institutions: 15,12,16,808 shares voted (29.2385% participation), 99.7725% in favor, 0.2275% against

Item No. 3 - Re-appointment of Mr. Rajendra Kumar Singhi

  • Total Votes Polled: 1,66,26,53,305 shares (79.8210% of outstanding shares)
  • Votes in Favor: 1,65,65,49,261 shares (99.6329% of votes polled)
  • Votes Against: 61,04,044 shares (0.3671% of votes polled)
  • Promoter & Promoter Group: 83,00,00,000 shares voted, 100% in favor
  • Public-Institutions: 68,14,43,501 shares voted (92.6136% participation), 99.1595% in favor, 0.8405% against
  • Public-Non Institutions: 15,12,09,804 shares voted (29.2371% participation), 99.7509% in favor, 0.2491% against

Item No. 4 - Approval of Auditor Remuneration

  • Total Votes Polled: 1,66,26,54,646 shares (79.8211% of outstanding shares)
  • Votes in Favor: 1,66,22,92,303 shares (99.9782% of votes polled)
  • Votes Against: 3,62,343 shares (0.0218% of votes polled)
  • Promoter & Promoter Group: 83,00,00,000 shares voted, 100% in favor
  • Public-Institutions: 68,14,43,501 shares voted (92.6136% participation), 100% in favor
  • Public-Non Institutions: 15,12,11,145 shares voted (29.2374% participation), 99.7604% in favor, 0.2396% against

Item No. 5 - Appointment of Mr. Ramakrishnan Chander

  • Total Votes Polled: 1,66,26,57,758 shares (79.8213% of outstanding shares)
  • Votes in Favor: 1,66,07,58,808 shares (99.8858% of votes polled)
  • Votes Against: 18,98,950 shares (0.1142% of votes polled)
  • Promoter & Promoter Group: 83,00,00,000 shares voted, 100% in favor
  • Public-Institutions: 68,14,43,501 shares voted (92.6136% participation), 99.7718% in favor, 0.2282% against
  • Public-Non Institutions: 15,12,14,257 shares voted (29.2380% participation), 99.7724% in favor, 0.2276% against

Scrutinizer's Role and Findings

Mr. R. L. Auddy was appointed as Scrutinizer to scrutinize the process of remote e-voting and e-voting during the AGM. The Voting Results along with the Scrutinizer's Report were to be made available on the Company's website and the website of National Securities Depository Limited.

Compliance with Regulations

The meeting was conducted in conformity with regulatory provisions and Circulars issued by the Ministry of Corporate Affairs, Government of India. The company confirmed compliance with SEBI Listing Regulations regarding disclosure of voting results and meeting proceedings.