Meeting Details
- Date of Meeting: Friday, 25th September 2026
- Time: 3:00 P.M. (IST)
- Location/Type: Conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
- Record Date: Friday, 18th September 2026
Proposed Resolutions and Implications
Five resolutions were proposed and all were approved with requisite majority:
1. Ordinary Resolution: To receive, consider and adopt the audited standalone and consolidated financial statements of March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon.
2. Ordinary Resolution: To appoint Mr. Manohar Lal (DIN: 10040507) as Director who retires by rotation and offers himself for re-appointment.
3. Ordinary Resolution: To ratify the remuneration payable to M/s. R S Chauhan & Associates, Cost Accountants, Cost Auditor for the Financial Year ending March 31, 2026.
4. Special Resolution: To approve the revision in remuneration of Mr. Santosh Kumar Yadav, Chairman and Managing Director.
5. Special Resolution: To approve the revision in remuneration of Mrs. Anju Devi, Whole-time Director.
Voting Process and Methods
The voting was conducted through:
- Remote e-Voting: Commenced at 9:00 A.M. on Tuesday, September 22, 2026 and closed at 5:00 P.M. on Thursday, September 24, 2026 through NSDL facility
- E-Voting during AGM: Opened during the last fifteen minutes of the AGM for members present through VC who had not voted remotely
Key Voting Outcomes
Overall Participation
- Total shareholders on record date: 95,850
- Shareholders attended through video conferencing: 41 (all public shareholders)
- Total votes cast: 52,955,774 out of 65,458,486 outstanding shares (80.8998% participation)
Resolution-wise Results:
Resolution 1 (Ordinary - Financial Statements)
- Total votes in favor: 52,817,756 (99.7394%)
- Total votes against: 138,018 (0.2606%)
- Number of members voted in favor: 171
- Number of members voted against: Not specified
- Result: PASSED
Resolution 2 (Ordinary - Director Re-appointment)
- Total votes in favor: 52,200,014 (98.2313%)
- Total votes against: 939,889 (1.7687%)
- Number of members voted in favor: 170
- Number of members voted against: 14
- Result: PASSED
Resolution 3 (Ordinary - Cost Auditor Remuneration)
- Total votes in favor: 53,139,772 (99.9998%)
- Total votes against: 131 (0.0002%)
- Number of members voted in favor: 180
- Result: PASSED
Resolution 4 (Special - CMD Remuneration Revision)
- Total votes in favor: 53,139,510 (99.9995%)
- Total votes against: 243 (0.0005%)
- Number of members voted in favor: 176
- Result: PASSED
Resolution 5 (Special - WTD Remuneration Revision)
- Total votes in favor: 53,139,512 (99.9995%)
- Total votes against: 241 (0.0005%)
- Number of members voted in favor: 177
- Result: PASSED
Category-wise Voting Breakdown:
The promoter and promoter group held 42,999,980 shares (100% voted in favor for all resolutions). Public institutions and non-institutions showed varying levels of support across resolutions.
Scrutinizer's Role and Findings
- Scrutinizer: Ms. Heena Lakhani, Partner, Deepak Arora & Associates, Practicing Company Secretaries
- Appointment: By Board of Directors at meeting held on Wednesday, August 12, 2026
- Process: Votes were unblocked from NSDL website in presence of two witnesses (Mr. Vijay Gupta and Ms. Diya Sisodiya) after AGM conclusion
- Findings: All votes were valid with no invalid votes cast on any resolution
- Data Custody: Electronic voting records remain with scrutinizer until minutes are approved
Compliance Confirmation
The company confirmed compliance with:
- Section 108 of Companies Act, 2013
- Rule 20 of Companies (Management and Administration) Rules, 2014
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- MCA General Circulars regarding electronic meetings and voting
- Notice and annual report were sent via email on September 2, 2026, with newspaper publications in Financial Express and Business Remedies