Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

The 27th Annual General Meeting was held on Tuesday, 22nd September, 2026 at 11:00 A.M. (I.S.T.) at Vaishnavi Banquets, Gokul Arkade Building, Opp. Garware Chowk, Next to RBL Bank, Vile Parle (E), Mumbai-400 057.

Attendees

Directors and Key Managerial Personnel Present:

  • Mr. Jagdishkumar M. Gupta - Executive Chairman (Chairman of the meeting)
  • Mr. Kamal J. Gupta - Managing Director
  • Dr. Nalin J. Gupta - Managing Director
  • Mr. Sidharath Kapur - Non-Executive Independent Director
  • Mr. Ramesh Kumar Choubey - Non-Executive Independent Director
  • Mr. Pravin Ghag - Director-Administration & Compliances
  • Mrs. Archana Yadav - Non-Executive Independent Director
  • Mrs. Poornima Chintakindi - Company Secretary and Compliance Officer
  • Mr. Vasant Savla - Chief Financial Officer

Invitees Present:

  • Mr. Dilip Kumar Agrawal - Partner of M/s. Todi Tulsyan & Co., Statutory Auditors
  • Mr. Pawan Gattani - Partner of M/s. S P M L & ASSOCIATES, Chartered Accountants
  • Mr. Dhrumil M. Shah - Partner of M/s. Dhrumil Shah & Co. LLP, Secretarial Auditor and Scrutinizer

Attendance: 70 members were physically present, including 4 members present through proxy.

Resolutions Transacted

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 (Ordinary Resolution)

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 (Ordinary Resolution)

3. Declaration of dividend on equity shares for FY ended March 31, 2026 (Ordinary Resolution)

4. Re-appointment of Mr. Pravin Ghag as Executive Director (DIN: 10566207) (Ordinary Resolution)

5. Appointment of M/s. S P M L & Associates, Chartered Accountants (Firm Registration No. 136549W) as Statutory Auditors (Ordinary Resolution)

Special Business:

6. Ratification of remuneration payable to M/s. Kirit Mehta & Co. LLP, Cost Accountants, for FY ending March 31, 2027 (Ordinary Resolution)

Voting Process

The Company provided two voting methods:

  • Remote e-voting through NSDL from Saturday, 19th September, 2026 (09:00 A.M. IST) to Monday, 21st September, 2026 (05:00 P.M. IST)
  • Physical voting through ballot paper at the AGM for members who had not voted remotely

Mr. Dhrumil M. Shah, Partner of M/s. Dhrumil M. Shah & Co. LLP, was appointed as Scrutinizer to monitor the voting process.

Voting Results

Item No. 1 - Adoption of Standalone Financial Statements:

  • Total votes: 5,13,19,534 shares
  • Votes in favor: 5,13,19,282 shares (99.9995%)
  • Votes against: 252 shares (0.0005%)

Item No. 2 - Adoption of Consolidated Financial Statements:

  • Total votes: 5,13,19,462 shares
  • Votes in favor: 5,13,19,210 shares (99.9995%)
  • Votes against: 252 shares (0.0005%)

Item No. 3 - Declaration of Dividend:

  • Total votes: 5,14,81,562 shares
  • Votes in favor: 5,14,81,310 shares (99.9995%)
  • Votes against: 252 shares (0.0005%)

Item No. 4 - Re-appointment of Mr. Pravin Ghag:

  • Total votes: 5,14,81,562 shares
  • Votes in favor: 4,80,13,051 shares (93.2626%)
  • Votes against: 34,68,511 shares (6.7374%)

Item No. 5 - Appointment of Statutory Auditors:

  • Total votes: 5,14,58,351 shares
  • Votes in favor: 5,14,58,013 shares (99.9993%)
  • Votes against: 338 shares (0.0007%)

Item No. 6 - Ratification of Cost Auditors' Remuneration:

  • Total votes: 5,14,81,562 shares
  • Votes in favor: 5,14,81,268 shares (99.9994%)
  • Votes against: 294 shares (0.0006%)

Scrutinizer's Report

The Scrutinizer's Report in Form No. MGT-13 was received on 23rd September, 2026. Mr. Dhrumil M. Shah confirmed that all resolutions were passed with the requisite majority. The cut-off date for determining voting rights was 15th September, 2026.

Compliance Confirmation

The proceedings were conducted in compliance with Section 108 of the Companies Act, 2013 read with Rule 20 and 21 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of the SEBI LODR Regulations, 2015.

Additional Information

The dividend for FY 2025-26, approved by shareholders, will be paid within 30 days of declaration. All results have been displayed on the company's website (www.jkumar.com) and NSDL's website (www.evoting.nsdl.com).