Meeting Details
The 39th Annual General Meeting was held on Wednesday, September 30, 2026, at 03:00 p.m. IST at the registered office of the Company at KN Building, Panchsheel, Raipur, Chhattisgarh-492001.
Proposed Resolutions and Implications
The AGM considered five resolutions:
Ordinary Business:
1. Adoption of audited standalone and consolidated financial statements for FY ended March 31, 2026
2. Appointment of Mr. Sanjay Shrishrimal (DIN: 00860294) as director liable to retire by rotation
Special Business:
3. Appointment of M/S. Amit Sharma & Associates as secretarial auditor and fixing their remuneration
4. Approval of Related Party Transactions
5. Ratification of remuneration of cost auditors for FY 2026-27
All resolutions were passed with unanimous approval (100% votes in favor).
Voting Process and Methods
The voting process comprised two methods:
- Remote e-voting: Conducted through NSDL from September 27, 2026 (09:00 a.m. IST) to September 29, 2026 (05:00 p.m. IST)
- Ballot voting: Conducted physically during the AGM on September 30, 2026
The cut-off date for determining voting rights was September 23, 2026. The company disseminated the AGM notice and annual report electronically to members with registered email addresses and through newspaper advertisements in Business Standard (English) and Pioneer (Hindi) on September 8, 2026.
Key Voting Outcomes
Item No. 1: Adoption of Financial Statements
- Total votes cast: 24 members representing 16,644,856 shares (100% in favor)
- Remote e-voting: 3 members (79,716 shares)
- Voting at AGM: 21 members (16,565,140 shares)
- No votes against, invalid, or abstained
Item No. 2: Appointment of Director
- Total votes cast: 19 members representing 276,763 shares (100% in favor)
- Remote e-voting: 3 members (79,716 shares)
- Voting at AGM: 16 members (197,047 shares)
- Significant abstention: 5 members abstained representing 16,368,093 shares
- No votes against or invalid votes
Item No. 3: Appointment of Secretarial Auditor
- Total votes cast: 24 members representing 16,644,856 shares (100% in favor)
- Remote e-voting: 3 members (79,716 shares)
- Voting at AGM: 21 members (16,565,140 shares)
- No votes against, invalid, or abstained
Item No. 4: Related Party Transactions
- Total votes cast: 19 members representing 276,763 shares (100% in favor)
- Remote e-voting: 3 members (79,716 shares)
- Voting at AGM: 16 members (197,047 shares)
- Significant abstention: 5 members abstained representing 16,368,093 shares
- No votes against or invalid votes
Item No. 5: Ratification of Cost Auditor Remuneration
- Total votes cast: 24 members representing 16,644,856 shares (100% in favor)
- Remote e-voting: 3 members (79,716 shares)
- Voting at AGM: 21 members (16,565,140 shares)
- No votes against, invalid, or abstained
Scrutinizer's Role and Findings
Amit Kumar Sharma, Proprietor of Amit Sharma & Associates (ICSI Unique Code: S2018MH620900), was appointed as Scrutinizer. His responsibilities included:
- Scrutinizing remote e-voting process before the AGM
- Scrutinizing ballot voting process during the AGM
- Reconciling votes with company/NSDL/registrar records
- Certifying requisite majority for all resolutions
The votes were unblocked on September 30, 2026, at 4:20 PM in the presence of two independent witnesses (Nilu Sharma and Geeta Sharma) not employed by the company.
Compliance Confirmation
The report confirms compliance with:
- Companies Act, 2013 and relevant rules
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- All electronic records and relevant documents are under the Scrutinizer's safe custody and will be handed over to the Company Secretary for preservation after minutes approval.