Meeting Details

  • Date of Meeting: Wednesday, 23rd September, 2026
  • Time of Meeting: 05:30 P.M. (IST)
  • Location/Mode: Conducted through Video Conferencing/Other Audio-Visual Means (OAVM)
  • Type of Meeting: 52nd Annual General Meeting
  • Cut-off Date: Wednesday, 16th September, 2026 (for determining shareholder eligibility to vote)

Proposed Resolutions and Voting Outcomes

Six resolutions were put to vote:

Resolution 1: Ordinary Resolution - Adoption of Financial Statements

To receive, consider and adopt: a) Audited standalone financial statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors; b) Audited consolidated financial statements for FY ended March 31, 2026, with Report of Auditors.

  • Total Votes Cast: 202,882,81
  • In Favor: 202,882,81 votes (99.9998%)
  • Against: 6 votes (0.0002%)
  • Result: PASSED

Resolution 2: Ordinary Resolution - Declaration of Final Dividend

To confirm payment of Interim Dividend and declare Final Dividend of 50% i.e. @ ₹1.00 per share for FY 2025-26.

  • Total Votes Cast: 202,882,01
  • In Favor: 202,882,01 votes (99.9996%)
  • Against: 86 votes (0.0004%)
  • Result: PASSED

Resolution 3: Ordinary Resolution - Re-appointment of Director

To consider re-appointment of Mr. Rahul Udayanbhai Patel (DIN: 09201061) as Director who retires by rotation.

  • Total Votes Cast: 202,882,72
  • In Favor: 202,882,72 votes (99.9999%)
  • Against: 15 votes (0.0001%)
  • Result: PASSED

Resolution 4: Ordinary Resolution - Approval of Related Party Transactions

To consider and approve Related Party Transactions.

  • Total Votes Cast: 111,698,92
  • In Favor: 101,020,91 votes (90.4404%)
  • Against: 1,067,801 votes (9.5596%)
  • Abstained: Not specified
  • Result: PASSED

Resolution 5: Ordinary Resolution - Ratification of Cost Auditor Remuneration

To consider and ratify remuneration of Cost Auditor.

  • Total Votes Cast: 202,869,87
  • In Favor: 202,869,71 votes (99.9999%)
  • Against: 16 votes (0.0001%)
  • Result: PASSED

Resolution 6: Special Resolution - Re-appointment of Managing Director

To consider re-appointment of Mr. Pratik Patel (DIN: 00780920) as Managing Director.

  • Total Votes Cast: 132,509,62
  • In Favor: 132,509,47 votes (99.9999%)
  • Against: 15 votes (0.0001%)
  • Result: PASSED

Voting Process and Methods

  • Remote E-Voting Period: Saturday, 19th September, 2026 (09:00 A.M.) to Tuesday, 22nd September, 2026 (05:00 P.M.)
  • E-Voting During AGM: Available to shareholders present through VC/OAVM who had not voted remotely
  • Voting Service Provider: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
  • Vote Unblocking: 23rd September, 2026 at approximately 6:15 P.M. in presence of witnesses Mr. Parth Shringi and Ms. Meha Sharma

Shareholder Category Breakdown

Detailed voting breakdown by shareholder category is provided for each resolution:

Resolution 1 Breakdown:

  • Promoter and Promoter Group: 16,387,075 votes (59.9710% of outstanding shares), 100% in favor
  • Public Institutions: 1,182,508 votes (53.5593% of outstanding shares), 100% in favor
  • Public Non-Institutions: 2,718,704 votes (8.0767% of outstanding shares), 99.9998% in favor

Resolution 4 Breakdown (Related Party Transactions):

  • Promoter and Promoter Group: 7,268,680 votes (26.6008% of outstanding shares), 100% in favor
  • Public Institutions: 1,182,508 votes (53.5593% of outstanding shares), 9.7017% in favor, 90.2983% against
  • Public Non-Institutions: 2,718,704 votes (8.0767% of outstanding shares), 99.9994% in favor

Scrutinizer Details

  • Name: Ankit Joshi, Practicing Company Secretary
  • Membership No.: F13203
  • Certificate of Practice No.: 18660
  • Role: Appointed to scrutinize remote e-voting and e-voting during AGM
  • Responsibility: Restricted to providing consolidated report of votes cast based on system-generated reports

Compliance Statement

The management confirmed compliance with:

  • Companies Act, 2013 and rules thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standard-2 on General Meetings issued by ICSI