Meeting Details

  • Date: Wednesday, September 30, 2026
  • Time: 11:30 a.m. to 11:58 a.m. IST
  • Location: Conducted through Video Conferencing/Other Audio-Visual Means
  • Type: 44th Annual General Meeting
  • Chairman: Mr. Mukesh Verma, Resolution Professional of the Company
  • Total Members Present: 36 members through VC/OAVM

Proposed Resolutions and Implications

1. Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026 together with Reports of the Resolution Professional and Auditors thereon.

2. Ordinary Resolution: To declare dividend on Preference Shares to be carried forward to the next year for payment.

Voting Process and Methods

  • Remote e-voting facility provided through National Securities Depository Limited (NSDL)
  • Voting period: September 27, 2026 (9:00 a.m.) to September 29, 2026 (5:00 p.m.)
  • E-voting at AGM open for 15 minutes from conclusion of meeting
  • Scrutinizer: Mr. Harsh Kothari of Harsh Kothari & Associates, Practicing Company Secretary
  • Cut-off date for shareholder eligibility: September 23, 2026

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 18,863,876 shares
  • Percentage in favor: 99.97% (18,858,752 shares)
  • Percentage against: 0.03% (5,124 shares)
  • Invalid votes: Nil

Category-wise Breakdown - Resolution 1:

  • Promoter & Promoter Group: 18,756,614 shares voted (100% in favor, 0% against)
  • Public Institutions: 0 shares voted (0% participation)
  • Public Non-Institutions: 107,262 shares voted (95.22% in favor, 4.78% against)

Resolution 2: Dividend on Preference Shares

  • Total votes cast: 18,863,876 shares
  • Percentage in favor: 99.97% (18,857,852 shares)
  • Percentage against: 0.03% (6,024 shares)
  • Invalid votes: Nil

Category-wise Breakdown - Resolution 2:

  • Promoter & Promoter Group: 18,756,614 shares voted (100% in favor, 0% against)
  • Public Institutions: 0 shares voted (0% participation)
  • Public Non-Institutions: 107,262 shares voted (94.38% in favor, 5.62% against)

Scrutinizer's Role and Findings

  • Mr. Harsh Kothari was appointed scrutinizer on August 13, 2026
  • Submitted consolidated report on September 30, 2026
  • Certified that all resolutions were passed with requisite majority
  • Confirmed proper conduct of remote e-voting and e-voting at AGM
  • Reported no invalid votes for either resolution

Compliance with Regulations

  • Conducted in compliance with SEBI Listing Regulations
  • Followed Companies Act, 2013 and Rules thereunder
  • Adhered to MCA circulars dated May 5, 2020, April 8, 2020, April 13, 2020, and General Circular No. 03/2025 dated September 22, 2025
  • Complied with SEBI circulars dated May 12, 2020, January 15, 2021, May 13, 2022, January 05, 2023, October 07, 2023 and October 03, 2024

Additional Information

  • Company Status: Under Corporate Insolvency Resolution Process
  • Total Shareholders on Record Date: 37,188
  • Script Code: BSE - 514034, NSE - JBFIND