Meeting Details

The 36th Annual General Meeting was held on Friday, September 18, 2026 at 11:30 AM through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) in compliance with MCA circulars including General Circular No. 03/2025 dated September 22, 2025 and SEBI Master Circular dated January 30, 2026.

Shareholder Statistics

  • Total number of shareholders on record date (September 11, 2026): 7,505
  • Shareholders attending meeting through VC: 75 (4 Promoter/Promoter Group, 71 Public)
  • Total shares outstanding: 1,09,39,400

Voting Results Summary

All seven resolutions proposed at the AGM were passed with requisite majority:

Ordinary Business

Item 1: To receive, consider and adopt the Audited Standalone Financial Statements for FY ended March 31, 2026

  • Resolution: Ordinary Resolution
  • Result: Passed with 100% votes in favor
  • Total votes cast: 80,07,120 (73.20% of outstanding shares)

Item 2: To declare dividend of ₹3.00 per Equity Share for FY ended March 31, 2026

  • Resolution: Ordinary Resolution
  • Result: Passed with 100% votes in favor
  • Total votes cast: 80,07,120 (73.20% of outstanding shares)

Item 3: To appoint Mr. Nitin Shyam Rajore (DIN: 01802633) who retires by rotation

  • Resolution: Ordinary Resolution
  • Result: Passed with 99.99% votes in favor (80,07,095 votes)
  • Votes against: 25 (0.01%)
  • Total votes cast: 80,07,120 (73.20% of outstanding shares)

Special Business

Item 4: Re-Appointment of Mr. Nitin Shyam Rajore (DIN: 01802633) as Whole Time Director

  • Resolution: Special Resolution
  • Result: Passed with 99.99% votes in favor (80,07,095 votes)
  • Votes against: 25 (0.01%)
  • Total votes cast: 80,07,120 (73.20% of outstanding shares)

Item 5: Appointment of Mr. Ravi Kapoor (DIN: 07291227) as Independent Director

  • Resolution: Special Resolution
  • Result: Passed with 99.99% votes in favor (80,07,095 votes)
  • Votes against: 25 (0.01%)
  • Total votes cast: 80,07,120 (73.20% of outstanding shares)

Item 6: Appointment of Ms. Vijeta Subhash Kulkarni (DIN: 11841890) as Independent Director

  • Resolution: Special Resolution
  • Result: Passed with 99.99% votes in favor (80,07,095 votes)
  • Votes against: 25 (0.01%)
  • Total votes cast: 80,07,120 (73.20% of outstanding shares)

Item 7: To approve Material Related Party Transactions with Related Parties

  • Resolution: Ordinary Resolution
  • Result: Passed with 99.97% votes in favor (79,703 votes)
  • Votes against: 25 (0.03%)
  • Total votes cast: 79,728 (0.73% of outstanding shares)
  • Notable: One shareholder holding 79,27,392 shares abstained from voting due to interest

Scrutinizer Appointment and Process

CS Satish Chandrashekhar Kadrolli, Partner of M/s Satish & Satish, Practising Company Secretaries, Pune was appointed as Scrutinizer by the Board of Directors at their meeting held on August 05, 2026.

Remote e-voting was conducted through RTA MUFG Intime India Pvt. Ltd (formerly Link Intime India Pvt. Ltd.) from September 15, 2026 (9:00 AM) to September 17, 2026 (5:00 PM).

The vote counting process was conducted on September 18, 2026 after the AGM conclusion in the presence of two independent witnesses: Mr. Mahesh Dhamdere and Mrs. Sanjivani Bhosale.