Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

Type of Meeting: 35th Annual General Meeting

Date of Meeting: 27 July 2026

Start Time: 03:00 PM

End Time: 03:20 PM

Mode: Video Conferencing (VC)/Other Audio-Visual Means (OAVM)

Deemed Venue: 8th Floor, City Bay, CTS No. 14(P), 17 Boat Club Road, Pune - 411001

Cut-off Date: 20 July 2026

Voting Process and Methods

Remote e-voting period: Friday, 24 July 2026 at 09:00 AM (IST) to Sunday, 26 July 2026 at 05:00 PM (IST)

E-voting platform: Central Depository Services Limited (CDSL) at www.evotingindia.com

Scrutinizer: Nitin Prabhune, Practicing Company Secretary (FCS. 6707, CP No. 3800)

Date of Issuance of Report to Company: 27 July 2026

Proposed Resolutions and Voting Outcomes

Resolution 1: Ordinary Resolution

Description: To receive, consider, approve and adopt: (a) the Audited Standalone Financial Statement of the Company for the financial year ended 31 March 2026 and the Report of the Board of Directors and Auditors thereon and (b) the Audited Consolidated Financial Statement of the Company for the financial year ended 31 March 2026 and the Report of Auditors thereon.

Voting Results:

  • Voted in Favour: 71,407,706 votes (100.00%)
  • Voted Against: 242 votes (0.00%)
  • Total Members Voted: 80
  • Result: PASSED

Resolution 2: Ordinary Resolution

Description: To appoint a Director in place of Mr. Asheesh Mohta (DIN: 00358583) who retires by rotation and being eligible, offers himself for re-appointment.

Voting Results:

  • Voted in Favour: 68,912,293 votes (96.49%)
  • Voted Against: 2,507,738 votes (3.51%)
  • Total Members Voted: 81
  • Result: PASSED

Resolution 3: Special Resolution

Description: To re-appoint Mr. Girish Vanvari (DIN: 07376482), as an Independent Director (Non-Executive) of the Company for a period of 5 years.

Voting Results:

  • Voted in Favour: 71,057,004 votes (99.49%)
  • Voted Against: 363,027 votes (0.51%)
  • Total Members Voted: 81
  • Result: PASSED

Resolution 4: Special Resolution

Description: To extend the timeline for utilization of the issue proceeds raised through the preferential issue of equity shares on a private placement basis equity shares allotted on 23 June 2025 by 12 months, i.e. from 23 December 2026 to 22 December 2027.

Voting Results:

  • Voted in Favour: 71,419,789 votes (100.00%)
  • Voted Against: 242 votes (0.00%)
  • Total Members Voted: 81
  • Result: PASSED

Resolution 5: Ordinary Resolution

Description: To consider and approve the appointment and remuneration of M/s Harshad S. Deshpande, Cost Auditor of the Company for the financial year 2026-27.

Voting Results:

  • Voted in Favour: 71,419,789 votes (100.00%)
  • Voted Against: 242 votes (0.00%)
  • Total Members Voted: 81
  • Result: PASSED

Participation Breakdown

Total number of shareholders: 41,127

Shareholders present in meeting either in person or through proxy: 0

Shareholders attended meeting through e-voting/conferencing:

  • Promoters and Promoter Group: 10
  • Public: 26

Scrutinizer's Role and Findings

Nitin Prabhune was appointed as scrutinizer by the Board of Directors at its meeting held on Friday, 22 May 2026. His responsibilities included:

  • Scrutinizing the remote e-voting and e-voting conducted at the AGM
  • Ensuring fair and transparent voting process
  • Reconciling votes with company records
  • Preparing consolidated scrutinizer's report

The scrutinizer confirmed that all electronic data and relevant records relating to voting will remain in his safe custody until the Chairman approves and signs the minutes of the AGM.

Compliance Confirmation

The company confirmed compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 & 21 of the Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Various MCA and SEBI circulars regarding virtual meetings