Meeting Details

  • Date: Tuesday, September 29, 2026
  • Time: 11:30 a.m. IST
  • Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Record Date: September 22, 2026
  • Total Shareholders on Record Date: 214,246

Attendance Details

  • Shareholders Present in Person/Proxy: Nil
  • Shareholders Attended through VC/OAVM: 52 (6 Promoters/Promoter Group, 46 Public)

Voting Process and Methods

  • Remote E-voting Period: September 26, 2026 (09:00 AM IST) to September 28, 2026 (05:00 PM IST)
  • E-voting Agency: National Securities Depository Limited (NSDL)
  • Voting Methods: Remote e-voting and e-voting during AGM
  • Scrutinizer: Ravi Sharma (Partner of RSM & Co, Company Secretaries, Membership No F4468)

Resolution Details and Voting Outcomes

Resolution 1: Adoption of Audited Financial Statements (Ordinary Resolution)

  • Total Votes Cast: 243,648,416 shares (60.9144% of outstanding shares)
  • In Favor: 243,647,156 shares (99.9995%)
  • Against: 1,260 shares (0.0005%)
  • Promoter Group: 172,142,194 votes (100% in favor)
  • Public Institutions: 49,501,437 votes (100% in favor)
  • Public Non-Institutions: 22,004,785 votes (99.9942% in favor, 0.0058% against)

Resolution 2: Dividend Declaration (Ordinary Resolution)

  • Interim Dividend: ₹1.00 per equity share
  • Final Dividend: ₹1.50 per equity share
  • Total Votes Cast: 243,661,425 shares (60.9176% of outstanding shares)
  • In Favor: 243,660,165 shares (99.9995%)
  • Against: 1,260 shares (0.0005%)
  • Promoter Group: 172,142,194 votes (100% in favor)
  • Public Institutions: 49,511,156 votes (100% in favor)
  • Public Non-Institutions: 22,008,075 votes (99.9942% in favor, 0.0058% against)

Resolution 3: Re-appointment of Mr. S.P.S. Kohli (Ordinary Resolution)

  • Total Votes Cast: 243,658,135 shares (60.9168% of outstanding shares)
  • In Favor: 222,338,251 shares (91.2501%)
  • Against: 21,319,884 shares (8.7499%)
  • Promoter Group: 172,142,194 votes (100% in favor)
  • Public Institutions: 49,511,156 votes (56.9807% in favor, 43.0193% against)
  • Public Non-Institutions: 22,004,785 votes (99.9068% in favor, 0.0932% against)

Resolution 4: Ratification of Cost Auditors Remuneration (Ordinary Resolution)

  • Cost Auditor: M/s Jangira & Associates
  • Financial Year: 2026-27
  • Total Votes Cast: 243,657,425 shares (60.9166% of outstanding shares)
  • In Favor: 243,637,002 shares (99.9916%)
  • Against: 20,423 shares (0.0084%)
  • Promoter Group: 172,142,194 votes (100% in favor)
  • Public Institutions: 49,511,156 votes (100% in favor)
  • Public Non-Institutions: 22,004,075 votes (99.9072% in favor, 0.0928% against)

Resolution 5: Material Related Party Transactions (Ordinary Resolution)

  • Related Party: Jai Suspension Systems Private Ltd
  • Total Votes Cast: 71,515,941 shares (17.8796% of outstanding shares)
  • In Favor: 71,495,432 shares (99.9713%)
  • Against: 20,509 shares (0.0287%)
  • Promoter Group Votes: Excluded/Not Considered (interested parties)
  • Public Institutions: 49,511,156 votes (100% in favor)
  • Public Non-Institutions: 22,004,785 votes (99.9068% in favor, 0.0932% against)

Resolution 6: Revision in Remuneration of Mr. S.P.S. Kohli (Special Resolution)

  • Total Votes Cast: 243,658,135 shares (60.9168% of outstanding shares)
  • In Favor: 243,582,527 shares (99.9690%)
  • Against: 75,608 shares (0.0310%)
  • Promoter Group: 172,142,194 votes (100% in favor)
  • Public Institutions: 49,511,156 votes (99.8940% in favor, 0.1060% against)
  • Public Non-Institutions: 22,004,785 votes (99.8949% in favor, 0.1051% against)

Scrutinizer's Findings

  • All six resolutions were passed with requisite majority
  • Counting process witnessed by two independent witnesses (Mr. Abhi and Mr. Siddharth Agarwal)
  • Remote e-voting results were unlocked and consolidated with AGM e-voting results

Compliance Confirmation

  • Conducted in compliance with Section 108 of Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Notice published in Business Standard (English and Hindi editions) on September 10, 2026