Meeting Details

  • Type of Meeting: 47th Annual General Meeting (AGM)
  • Date: September 21, 2026
  • Time: 11:00 AM to 11:30 AM IST
  • Mode: Video Conference (VC)/Other Audio Visual Means (OAVM)
  • Record Date: September 14, 2026
  • Total Shareholders on Record Date: 7,992

Proposed Resolutions and Implications

Five ordinary resolutions were proposed and approved:

1. Adoption of Financial Statements: To consider and adopt the Audited Financial Statements for the financial year ended March 31, 2026 together with reports of the Board of Directors and Auditors

2. Dividend Declaration: To declare final dividend on equity shares for the Financial Year ended March 31, 2026

3. Director Re-appointment: To appoint Mr. Gaurishankar N. Kalyani (DIN: 00519610) who retires by rotation and offered himself for re-appointment (Promoter group interested)

4. Cost Auditor Remuneration: To ratify remuneration payable to the Cost Auditor appointed by the Board for Financial Year 2026-27

5. Director Commission: To approve payment of commission to Non-Executive Directors and Independent Directors (Promoter group interested)

Voting Process and Methods

  • Remote e-voting period: September 18, 2026 (9:00 AM) to September 20, 2026 (5:00 PM)
  • E-voting during AGM: Conducted through MUFG Intime India Private Limited's platform (instavote.linkintime.co.in)
  • Physical attendance: Dispensed with as per MCA Circulars
  • Proxy appointments: Not permitted as per MCA Circulars
  • Cut-off date: September 14, 2026 for shareholder eligibility
  • Notice dissemination: Electronic dispatch to registered shareholders, newspaper advertisements in Loksatta (Marathi) and Financial Express (English)

Key Voting Outcomes

Overall Participation

  • Total shares outstanding: 3,638,000
  • Total votes polled: 2,137,916 shares (58.7662% of outstanding shares)
  • Shareholder attendance: 30 shareholders attended via VC/OAVM (20 Promoters, 10 Public)
  • No physical attendees: 0 shareholders present in person or through proxy

Resolution-wise Results

All resolutions passed with near-unanimous approval:

Resolution 1 (Financial Statements Adoption)

  • Total votes: 2,137,916 (58.7662% participation)
  • Votes in favor: 2,137,914 (99.9999%)
  • Votes against: 2 (0.0001%)
  • Promoter voting: 2,137,689 shares voted (100% in favor)
  • Public non-institutions: 227 shares voted (225 in favor, 2 against)

Resolution 2 (Dividend Declaration)

  • Total votes: 2,137,916 (58.7662% participation)
  • Votes in favor: 2,137,914 (99.9999%)
  • Votes against: 2 (0.0001%)
  • Promoter voting: 2,137,689 shares voted (100% in favor)
  • Public non-institutions: 227 shares voted (225 in favor, 2 against)

Resolution 3 (Director Re-appointment)

  • Total votes: 2,137,916 (58.7662% participation)
  • Votes in favor: 2,137,914 (99.9999%)
  • Votes against: 2 (0.0001%)
  • Promoter voting: 2,137,689 shares voted (100% in favor)
  • Public non-institutions: 227 shares voted (225 in favor, 2 against)

Resolution 4 (Cost Auditor Remuneration)

  • Total votes: 2,137,916 (58.7662% participation)
  • Votes in favor: 2,137,914 (99.9999%)
  • Votes against: 2 (0.0001%)
  • Promoter voting: 2,137,689 shares voted (100% in favor)
  • Public non-institutions: 227 shares voted (225 in favor, 2 against)

Resolution 5 (Director Commission)

  • Total votes: 2,137,916 (58.7662% participation)
  • Votes in favor: 2,137,914 (99.9999%)
  • Votes against: 2 (0.0001%)
  • Promoter voting: 2,137,689 shares voted (100% in favor)
  • Public non-institutions: 227 shares voted (225 in favor, 2 against)

Invalid Votes

No invalid votes were recorded across all shareholder categories (Promoter and Promoter Group, Public Institutions, Public Non-Institutions).

Scrutinizer's Role and Findings

  • Name: CS Ishan M. Padhye (FCS No: F12177, CP No: 18838)
  • Firm: PGBP & Associates LLP (LLP Identification Number: ABB-0236)
  • Appointment Date: August 11, 2026 by Board resolution
  • Report Issuance Date: September 22, 2026
  • Responsibilities: Scrutinized remote e-voting and e-voting during AGM in fair and transparent manner
  • Process: Votes unblocked after AGM conclusion in presence of two non-company witnesses
  • Findings: All electronic voting records reconciled with company/share transfer agent records
  • Data custody: Electronic voting records remain with scrutinizer until Chairperson approves minutes

Compliance Confirmation

The disclosure confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulation 44(3))
  • Companies Act, 2013 (Section 108)
  • Companies (Management and Administration) Rules, 2014 (Rules 20 & 21)
  • MCA Circulars: No. 14/2020 (April 8, 2020), 17/2020 (April 13, 2020), 20/2020 (May 5, 2020), and 03/2025 (September 22, 2025)
  • SEBI Listing Regulations and Master Circular requirements

Additional Information

  • Contact: Tel. +91 2137 252335/755, Fax +91 2137 252344