Event Details

The 35th Annual General Meeting of members was held on 5 August 2026 through Video Conferencing (VC) / Other Audio Visual Means (OAVM) facility. The total number of members on the record date (29 July 2026) was 93,171. Attendance included 11 promoters/promoter group members and 66 public shareholders through video conferencing.

Voting Process Details

The remote e-voting period remained open from Sunday, 2 August 2026 (9:00 AM IST) to Tuesday, 4 August 2026 (5:00 PM IST). Members as of the cut-off date (29 July 2026) were entitled to vote. The e-voting facility was provided by National Securities Depository Limited (NSDL), and results were reconciled with records maintained by the Registrar and Share Transfer Agent, MUFG Intime India Private Limited.

Resolution Voting Results

Resolution 1: Ordinary Business - Adoption of Audited Financial Statements

  • Description: Adoption of the Audited Financial Statements (including Consolidated Financial Statements) for the financial year ended 31 March 2026
  • Total Votes Polled: 116,499,611 shares (70.6557% of outstanding shares)
  • Votes in Favor: 116,499,456 shares (99.9339%)
  • Votes Against: 155 shares (0.0001%)
  • Result: Passed

Resolution 2: Ordinary Business - Dividend Declaration

  • Description: Confirmation of payment of Interim Dividend and declaration of Final Dividend on equity shares for FY ended 31 March 2026
  • Total Votes Polled: 116,580,940 shares (70.6584% of outstanding shares)
  • Votes in Favor: 116,580,785 shares (99.9999%)
  • Votes Against: 155 shares (0.0001%)
  • Result: Passed

Resolution 3: Ordinary Business - Director Reappointment

  • Description: Reappointment of Mr. Nishikant Balakrishna Ektare (DIN: 02109633) as Executive Director (Operations)
  • Total Votes Polled: 116,580,840 shares (70.6583% of outstanding shares)
  • Votes in Favor: 116,547,646 shares (99.9715%)
  • Votes Against: 33,194 shares (0.0284%)
  • Result: Passed

Resolution 4: Special Business - Cost Auditor Remuneration

  • Description: Ratification of remuneration of 'Dhananjay V. Joshi & Associates' as Cost Accountants
  • Total Votes Polled: 116,580,840 shares (70.6583% of outstanding shares)
  • Votes in Favor: 116,580,665 shares (99.9998%)
  • Votes Against: 175 shares (0.0002%)
  • Result: Passed

Resolution 5: Special Business - Borrowing Authority

  • Description: Authority to Board to borrow or raise funds not exceeding ₹1,000 Crores by issuance of non-convertible Debentures in one or more tranches on private placement basis
  • Total Votes Polled: 116,580,940 shares (70.6584% of outstanding shares)
  • Votes in Favor: 116,580,725 shares (99.9998%)
  • Votes Against: 215 shares (0.0002%)
  • Result: Passed

Resolution 6: Special Business - Independent Director Reappointment

  • Description: Reappointment of Mr. Sathya Moorthy Venkataramani (DIN: 00229998) as Independent Director until 21 October 2031
  • Total Votes Polled: 116,580,840 shares (70.6583% of outstanding shares)
  • Votes in Favor: 114,231,899 shares (97.9851%)
  • Votes Against: 2,348,941 shares (2.0149%)
  • Result: Passed

Resolution 7: Special Business - Independent Director Appointment

  • Description: Appointment of Mrs. Pallavi Pratap Gokhale (DIN: 00036369) as Independent Director until 11 June 2031
  • Total Votes Polled: 116,580,840 shares (70.6583% of outstanding shares)
  • Votes in Favor: 116,549,436 shares (99.9731%)
  • Votes Against: 31,404 shares (0.0269%)
  • Result: Passed

Shareholder Category Voting Analysis

Promoter and Promoter Group

  • Total Shares: 83,785,041
  • Votes Polled: 83,683,226 shares (99.8785% participation)
  • Votes in Favor: 100% across all resolutions

Public Institutions

  • Total Shares: 23,608,844
  • Votes Polled: 22,223,951 shares (94.1510% participation)
  • Votes in Favor: Ranged from 89.4340% to 100% across resolutions

Public Non-Institutions

  • Total Shares: 57,598,499
  • Votes Polled: 10,669,663 shares (18.5242% participation)
  • Votes in Favor: Ranged from 99.9969% to 99.9985% across resolutions

Invalid Votes

  • Public Non-Institutions: 6,009 votes (Resolution 1), 1,530 votes (Resolutions 2, 4, 5), 1,630 votes (Resolutions 3, 6, 7)
  • No invalid votes from Promoter and Promoter Group or Public Institutions