Meeting Details

The 33rd AGM was held on Thursday, September 24, 2026 from 12:00 Noon to 1:00 P.M. (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM). There was no arrangement for physical meeting or appointment of proxy as the meeting was conducted virtually.

Proposed Resolutions and Implications

Four ordinary resolutions were considered:

1. Adoption of Audited Financial Statements (Standalone and Consolidated) for the financial year ended March 31, 2026 together with Reports of Board of Directors and Auditors

2. Declaration of Final Dividend of ₹4.50 (450%) per equity share of face value ₹1 each on 22,88,89,892 equity shares for FY ended March 31, 2026

3. Re-appointment of Mr. Anoop Kumar Gupta (DIN: 00030160) as Director who retires by rotation

4. Ratification of remuneration of Cost Auditors for the financial year ending March 31, 2027

Voting Process and Methods

Voting was conducted through:

  • Remote e-voting: Started Monday, September 21, 2026 at 09:00 A.M. and ended Wednesday, September 23, 2026 at 05:00 P.M.
  • E-voting during the AGM: Conducted on September 24, 2026

Central Depository Services (India) Limited (CDSL) served as the service provider for electronic voting facilities.

Key Voting Outcomes

Overall Participation

  • Cut-off Date: September 18, 2026
  • Total shareholders: 85,193
  • Total shares outstanding: 22,88,89,892
  • Total votes cast: 15,53,30,875 shares (67.86% participation)
  • Shareholders attended meeting through VC: 103 (15 Promoters, 88 Public)

Resolution-wise Results

Resolution 1: Adoption of Financial Statements

  • Total votes: 15,53,08,580 (67.85% participation)
  • Votes in favor: 14,32,81,413 (92.26%)
  • Votes against: 1,20,27,167 (7.74%)
  • Result: Passed

Resolution 2: Final Dividend Declaration

  • Total votes: 15,53,30,875 (67.86% participation)
  • Votes in favor: 15,51,27,748 (99.87%)
  • Votes against: 2,03,127 (0.13%)
  • Result: Passed

Resolution 3: Re-appointment of Director

  • Total votes: 15,53,30,875 (67.86% participation)
  • Votes in favor: 15,02,81,166 (96.75%)
  • Votes against: 50,49,709 (3.25%)
  • Result: Passed

Resolution 4: Ratification of Cost Auditor Remuneration

  • Total votes: 15,53,30,875 (67.86% participation)
  • Votes in favor: 15,53,27,610 (99.99%)
  • Votes against: 3,265 (0.01%)
  • Result: Passed

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares held: 13,77,19,754
  • Participation: 100% across all resolutions
  • Voted 100% in favor on all resolutions

Public Institutions

  • Shares held: 3,88,47,051
  • Participation: 32.82-32.87% across resolutions
  • Showed significant opposition to Resolution 1 (39.35% against) and Resolution 3 (39.35% against)

Public Non-Institutions

  • Shares held: 5,23,23,087
  • Participation: 9.25% across resolutions
  • Voted overwhelmingly in favor on all resolutions (99.49-99.94% in favor)

Scrutinizer's Role and Findings

DMK Associates Company Secretaries (Deepak Kukreja, Partner) was appointed as Scrutinizer to scrutinize the remote e-voting and e-voting conducted at the AGM. The scrutinizer confirmed:

  • The e-voting process was conducted in fair and transparent manner
  • All votes were properly counted and validated
  • No invalid votes were cast in any resolution
  • All resolutions passed with requisite majority

The electronic data and records relating to voting are under the scrutinizer's custody until the chairman approves and signs the minutes of AGM.

Compliance Confirmation

The company confirmed compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and Rules thereunder
  • MCA Circulars regarding virtual meetings

Additional Information

The voting results and scrutinizer's report are available on the company's website (www.krblrice.com) and CDSL website (www.evotingindia.com).