Meeting Details

The Annual General Meeting was held on Wednesday, September 30, 2026, commencing at 04:00 PM and concluding at 05:03 PM. The meeting was conducted through Video Conferencing facility and was deemed to be held at the company's Registered Office at Unit No 706-707, The Epicentre, W. T. Patil Marg, Off Eastern Freeway, BEST Colony, Near Shivaji Chowk, Chembur, Mumbai - 400 071. The notice for the AGM was dated September 08, 2026, and the cut-off date for determining shareholders entitled to vote was September 22, 2026.

Summary of Proposed Resolutions and Implications

Six resolutions were proposed and voted upon:

1. Ordinary Resolution: Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, and Reports of the Board of Directors and Auditors.

2. Ordinary Resolution: Re-appointment of Mr. Hemant Kumar Sibal (DIN: 11300312) as a Director liable to retire by rotation.

3. Ordinary Resolution: Appointment of M/s. MSKA & Associates LLP (formerly M/s. M S K A & Associates) as Statutory Auditors.

4. Special Resolution: Sub-Division of Equity Shares of the Company.

5. Special Resolution: Alteration of the Memorandum of Association of the Company.

6. Special Resolution: Authorisation for issuance of Non-Convertible Debentures (NCDs) up to ₹500 Crores.

All resolutions were passed.

Voting Process and Methods

The voting process combined remote e-voting and e-voting during the AGM. The remote e-voting facility was provided by MUFG Intime India Private Limited. The voting period commenced on Saturday, September 26, 2026, at 09:00 AM IST and ended on Tuesday, September 29, 2026, at 05:00 PM IST. E-voting was also made available to members present at the virtual AGM who had not cast their votes remotely. No physical polling or postal ballot was conducted. Mrs. Preeti Singhania, Proprietor of P Singhania & Associates, Chartered Accountants, was appointed as the Scrutinizer.

Key Voting Outcomes

Overall Participation

  • Total number of shareholders on the cut-off date: 26,279
  • No shareholders were present in person or by proxy.
  • Shareholders attended via video conferencing: 5 from Promoter group and 31 from Public.
  • Total votes cast represented 64.7664% (16,427,545 votes) of the total 25,364,317 outstanding shares.

Resolution-wise Results

1. Adoption of Financial Statements (Ordinary)

  • Total Votes Cast: 16,427,545
  • Votes in Favour: 16,427,541 (100.0000% of votes polled)
  • Votes Against: 4 (0.0000% of votes polled)
  • Result: Passed

2. Re-appointment of Director (Ordinary)

  • Total Votes Cast: 16,427,545
  • Votes in Favour: 16,181,385 (98.5015% of votes polled)
  • Votes Against: 246,160 (1.4985% of votes polled)
  • Result: Passed
  • Notable Opposition: Public Institutions voted 21.5806% (246,156 votes) against this resolution.

3. Appointment of Auditors (Ordinary)

  • Total Votes Cast: 16,427,545
  • Votes in Favour: 16,181,385 (98.5015% of votes polled)
  • Votes Against: 246,160 (1.4985% of votes polled)
  • Result: Passed
  • Notable Opposition: Public Institutions voted 21.5806% (246,156 votes) against this resolution.

4. Sub-Division of Equity Shares (Special)

  • Total Votes Cast: 16,427,545
  • Votes in Favour: 16,427,541 (100.0000% of votes polled)
  • Votes Against: 4 (0.0000% of votes polled)
  • Result: Passed

5. Alteration of MOA (Special)

  • Total Votes Cast: 16,427,545
  • Votes in Favour: 16,427,541 (100.0000% of votes polled)
  • Votes Against: 4 (0.0000% of votes polled)
  • Result: Passed

6. Issuance of NCDs up to ₹500 Cr (Special)

  • Total Votes Cast: 16,427,545
  • Votes in Favour: 16,427,541 (100.0000% of votes polled)
  • Votes Against: 4 (0.0000% of votes polled)
  • Result: Passed

Participation Breakdown by Category

  • Promoter & Promoter Group: Voted 12,755,920 shares (99.9773% of their holding). Unanimous in favour on all resolutions.
  • Public Institutions: Voted 1,140,635 shares (74.0408% of their holding). Voted against resolutions 2 and 3.
  • Public Non-Institutions: Voted 2,530,990 shares (22.8739% of their holding). Nearly unanimous in favour on all resolutions.

Invalid Votes

There were zero invalid votes across all shareholder categories and all resolutions.

Scrutinizer's Role and Findings

Mrs. Preeti Singhania was appointed Scrutinizer. Her responsibilities included scrutinizing votes from both remote e-voting and e-voting during the AGM. The electronic votes were unblocked on September 30, 2026, in the presence of two independent witnesses, Ms. Sonali Gangaji and Ms. Apeksha Shingote, who are not employees of the company. The Scrutinizer confirmed the validity of the voting process and the accuracy of the results detailed above.

Compliance Confirmation

The report confirms that the voting was conducted in compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulation 44)
  • Relevant MCA and SEBI circulars

The voting results are available on the company's website (www.kmew.in), the websites of the scrutinizer's agent (MUFG Intime), and the stock exchanges (BSE and NSE).