AGM Details

The 46th AGM was held on Tuesday, 18th August, 2026. The scrutinizer was appointed by the Board of Directors on 23rd July, 2026 to ensure a fair and transparent voting process.

Voting Process and Participation

The company provided remote e-voting facilities through National Securities Depository Limited (NSDL) as the system provider, with BEETAL Financial & Computer Services Pvt. Ltd. acting as Registrar and Transfer Agent.

  • The cut-off date for determining shareholders entitled to vote was 11th August, 2026
  • Total number of shareholders as of cut-off date: 6,642
  • Total outstanding shares as of 18th September, 2025: 85,291,400
  • Remote e-voting period: Saturday, 15th August, 2026 at 09:00 AM to Monday, 17th August, 2026 at 05:00 PM
  • Total shareholders who voted: 58 (36 via remote e-voting, 22 via poll at AGM)
  • Total shares voted: 73,185,204
  • After invalid votes (6 shareholders, 548 shares), net valid votes: 73,184,656 shares (85.8054% of outstanding shares)

Resolution Results

Resolution 1: Adoption of Audited Financial Statements for FY ended 31st March, 2026

  • Total votes in favor: 73,184,656 (100%)
  • Votes against: 0
  • Result: Passed as ordinary resolution

Resolution 2: Declaration of Final Dividend @ 1% (Face value of ₹5/-)

  • Total votes in favor: 73,184,656 (100%)
  • Votes against: 0
  • Promoters not interested in the resolution
  • Result: Passed as ordinary resolution

Resolution 3: Re-appointment of Shri Rajiv Lall Adya (DIN: 06915169) as Director

  • Total votes in favor: 73,184,653 (100%)
  • Votes against: 3
  • Result: Passed as ordinary resolution

Resolution 4: Ratification of Remuneration of Cost Auditors for FY 2026-27

  • Total votes in favor: 73,184,653 (100%)
  • Votes against: 3
  • Result: Passed as ordinary resolution

Resolution 5: Re-appointment of Shri Rajiv Lall Adya (DIN: 06915169) as Whole Time Director

  • Total votes in favor: 73,184,653 (100%)
  • Votes against: 3
  • Promoters not interested in the resolution
  • Result: Passed as special resolution

Resolution 6: Appointment of Mrs. Stuti Narain Kacker (DIN: 07061299) as Independent Director

  • Total votes in favor: 73,184,653 (100%)
  • Votes against: 3
  • Promoters not interested in the resolution
  • Result: Passed as special resolution

Resolution 7: Appointment of Shri Anish Kanoria (DIN: 08966190) as Whole Time Director

  • Promoter votes (6 shareholders, 61,089,300 shares) excluded as related party transaction
  • Net votes considered: 12,095,356 shares
  • Total votes in favor: 12,095,353 (100%)
  • Votes against: 3
  • Result: Passed as resolution

Shareholder Distribution and Voting Patterns

  • Promoter & Promoter Group: 63,070,100 shares (73.92% of total)
  • Public - Institutions: 0 shares
  • Public - Non Institutions: 22,221,300 shares (26.08% of total)
  • Promoter voting participation: 96.86% of their holdings
  • Public non-institution voting participation: 54.43% of their holdings