Meeting Details

  • Date: 28th September, 2026
  • Type: 34th Annual General Meeting (AGM)
  • Mode: Conducted through two-way Video Conferencing (V.C.)/Other Audio-Visual Means (OAVM)
  • Notice Date: 14th August, 2026

Proposed Resolutions and Implications

Four resolutions were proposed for shareholder approval:

1. Ordinary Resolution 1: To receive, consider and adopt the Financial Statements (Standalone and Consolidated) of the Company for the year ended 31st March, 2026 together with the report of Board of Directors and Auditor's Report thereon.

2. Ordinary Resolution 2: To appoint a Director in place of Mr. Mahesh Mehra (DIN: 00086683), Whole-time Director, who retires by rotation and being eligible, offers himself for re-appointment.

3. Special Resolution 3: Sale of land (substantially the whole of the undertaking) pursuant to Section 180(1)(a) of the Companies Act, 2013.

4. Special Resolution 4: Disposal of undertaking under Section 180(1)(a) of the Companies Act, 2013.

Voting Process and Methods

  • Remote e-voting facility provided by National Securities Depository Limited (NSDL)
  • Voting period: Commenced at 9:00 a.m. on Friday, September 25, 2026 and ended at 5:00 p.m. on Sunday, September 27, 2026
  • E-voting during AGM for members present through VC/OAVM who had not voted remotely
  • Cut-off date for shareholder eligibility: September 21, 2026
  • Total shareholders on record date: 12,305

Key Voting Outcomes

Resolution 1 (Ordinary - Financial Statements)

  • Total votes cast: 185,844 (53.66% of outstanding shares)
  • In favor: 185,841 votes (100.00% of votes polled)
  • Against: 3 votes (0.00% of votes polled)
  • Promoter participation: 178,061 votes (100% of their holding)
  • Public non-institutions participation: 7,783 votes (4.63% of their holding)

Resolution 2 (Ordinary - Director Re-appointment)

  • Total votes cast: 185,844 (53.66% of outstanding shares)
  • In favor: 185,841 votes (100.00% of votes polled)
  • Against: 3 votes (0.00% of votes polled)
  • Promoter participation: 178,061 votes (100% of their holding)
  • Public non-institutions participation: 7,783 votes (4.63% of their holding)

Resolution 3 (Special - Land Sale)

  • Total votes cast: 185,844 (53.66% of outstanding shares)
  • In favor: 185,836 votes (99.999% of votes polled)
  • Against: 8 votes (0.001% of votes polled)
  • Promoter participation: 178,061 votes (100% of their holding)
  • Public non-institutions participation: 7,783 votes (4.63% of their holding)

Resolution 4 (Special - Disposal of Undertaking)

  • Total votes cast: 185,844 (53.66% of outstanding shares)
  • In favor: 185,836 votes (99.999% of votes polled)
  • Against: 8 votes (0.001% of votes polled)
  • Promoter participation: 178,061 votes (100% of their holding)
  • Public non-institutions participation: 7,783 votes (4.63% of their holding)

Scrutinizer's Role and Findings

  • Scrutinizer: Md. Shahnawaz of M Shahnawaz & Associates, Company Secretaries (Firm Regn. No.: S2015WB3355004)
  • Appointment: By Board of Directors pursuant to Section 108 of Companies Act, 2013
  • Responsibilities: Ensure fair and transparent voting process, consolidate voting results
  • Findings: All four resolutions were duly approved by shareholders with requisite majority
  • Document custody: Voting documents remain with scrutinizer until Chairman approves and signs minutes

Compliance with Regulations

The process complied with:

  • Section 108 of Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standard on General Meetings
  • MCA Circulars: 14/2020, 17/2020, 20/2020, 02/2021, 19/2021, 21/2021, 02/2022, 11/2022, 09/2023, 09/2024, 03/2025
  • SEBI Circulars: SEBI/HO/CFD/CFD-POD-2/CIR/P/2020/79, SEBI/HO/CFD/CMD2/CIR/P/2021/11, SEBI/HO/DDHS/P/CIR/2022/0063, 2024/133, SEBI/HO/CFD/POD-2/P/CIR/2023/167

Additional Information

  • Total outstanding shares: 346,306
  • Promoter and promoter group shares: 178,061
  • Public non-institutions shares: 168,237
  • Shareholder attendance: 20 promoters and 12,285 public shareholders attended through VC/OAVM
  • Electronic transmission of Annual Report completed on September 03, 2026
  • Company CIN: L5116WB1992PLC056521