Meeting Details
The 40th Annual General Meeting was held on 21 August 2026 at 10:00 hours IST through Video Conferencing/Other Audio Visual Means. The cut-off date for determining shareholders eligible to vote was 14 August 2026.
Voting Process
Remote e-voting was conducted through Central Depository Services (India) Limited (CDSL) from 17 August 2026 (09:00 hours IST) to 20 August 2026 (17:00 hours IST). The company also provided e-voting facility to shareholders present at the AGM who had not cast their vote earlier. The scrutinizer was Sakshi Vashisth & Associates, Company Secretaries.
Voting Results
All nine resolutions were passed with requisite majority:
1. Item No. 1: Adoption of Audited Standalone Financial Statements for year ended 31 March 2026 and reports of Directors and Auditors (Ordinary Resolution)
- Votes in favor: 71 members, 4,005,679 shares (100% of valid votes)
- Votes against: 2 members, 360 shares (100% of valid votes)
- Invalid votes: NIL
2. Item No. 2: Re-appointment of Shri Ramnik Garg (DIN: 00188843) as Director retiring by rotation (Ordinary Resolution)
- Votes in favor: 71 members, 4,005,679 shares (100% of valid votes)
- Votes against: 2 members, 360 shares (100% of valid votes)
- Invalid votes: NIL
3. Item No. 3: Authorization of annual increments to Shri Navneet Garg, Executive Director (Special Resolution)
- Votes in favor: 71 members, 4,005,679 shares (100% of valid votes)
- Votes against: 2 members, 360 shares (100% of valid votes)
- Invalid votes: NIL
4. Item No. 4: Authorization of annual increments to Shri Ramnik Garg, Executive Director (Special Resolution)
- Votes in favor: 71 members, 4,005,679 shares (100% of valid votes)
- Votes against: 2 members, 360 shares (100% of valid votes)
- Invalid votes: NIL
5. Item No. 5: Authorization of annual increments to Shri Rushil Garg, Executive Director (Special Resolution)
- Votes in favor: 71 members, 4,005,679 shares (100% of valid votes)
- Votes against: 2 members, 360 shares (100% of valid votes)
- Invalid votes: NIL
6. Item No. 6: Appointment of Shri Rishit Garg as Executive Director and fixation of remuneration (Special Resolution)
- Votes in favor: 71 members, 4,005,679 shares (100% of valid votes)
- Votes against: 2 members, 360 shares (100% of valid votes)
- Invalid votes: NIL
7. Item No. 7: Appointment of Shri Shyam Karan Garg as Independent Director (Special Resolution)
- Votes in favor: 71 members, 4,005,679 shares (100% of valid votes)
- Votes against: 2 members, 360 shares (100% of valid votes)
- Invalid votes: NIL
8. Item No. 8: Appointment of Shri Aakash Goel as Independent Director (Special Resolution)
- Votes in favor: 71 members, 4,005,679 shares (100% of valid votes)
- Votes against: 2 members, 360 shares (100% of valid votes)
- Invalid votes: NIL
9. Item No. 9: Ratification of remuneration of Cost Auditors for FY 2026-27 (Ordinary Resolution)
- Votes in favor: 70 members, 4,005,629 shares (100% of valid votes)
- Votes against: 3 members, 410 shares (100% of valid votes)
- Invalid votes: NIL
Scrutinizer Details
The voting process was scrutinized by Sakshi Vashisth & Associates, Company Secretaries. The vote unblocking was witnessed by Mr. Daljit Singh and Ms. Sonepreet Kaur, who are not employees of the company.