Meeting Details

  • Date: Wednesday, 16th September 2026
  • Time: 11:00 AM to 11:53 AM (53 minutes duration)
  • Location: Conducted through Video Conferencing/Other Audio-Visual Means
  • Type: 35th Annual General Meeting
  • Cut-off date: 9th September 2026
  • Total shareholders on cut-off date: 73,978

Proposed Resolutions and Implications

The AGM considered seven resolutions covering both ordinary and special business:

Ordinary Business:

1. Adoption of audited standalone financial statements for the year ended March 31, 2026 together with reports of Board of Directors and Auditors

2. Re-appointment of Mr. Sumeet Rai (DIN: 02304257) as Director who retires by rotation

Special Business:

3. Ratification of remuneration payable to cost auditors for FY 2026-27

4. Re-appointment of Mr. Sanjiv Paul (DIN: 00086974) as Independent Director for second term of 3 years

5. Re-appointment of Mr. Gurvinder Singh Ahuja (DIN: 08132223) as Independent Director for second term of 3 years

6. Re-appointment of Ms. Deepa Verma (DIN: 10359047) as Independent Director for second term of 3 years

7. Appointment of Mr. Sharat Chandra Kumar (DIN: 10223173) as Independent Director for first term of 3 years

Voting Process and Methods

The voting was conducted through two methods:

  • Remote e-voting: Started on Sunday, September 13, 2026 at 9:00 AM and ended on Tuesday, September 15, 2026 at 5:00 PM through NSDL's platform
  • E-voting during AGM: Conducted electronically during the meeting for members attending via VC/OAVM

Key Voting Outcomes

Overall Participation

  • Total shares outstanding: 64,509,422
  • Total votes polled: 47,959,105 shares (74.3443% participation)
  • Number of resolutions: 7 (all passed)

Resolution-wise Results:

Resolution 1 (Ordinary - Financial Statements Adoption):

  • Total votes in favor: 47,959,011 (99.9998%)
  • Votes against: 94 (0.0002%)
  • Promoter group: 44,230,903 votes (100% in favor)
  • Public institutions: 3,715,635 votes (100% in favor)
  • Public non-institutions: 12,567 votes (99.252% in favor, 0.748% against)

Resolution 2 (Ordinary - Director Re-appointment):

  • Total votes in favor: 47,958,434 (99.9986%)
  • Votes against: 671 (0.0014%)
  • Public non-institutions: 12,567 votes (94.6606% in favor, 5.3394% against)

Resolution 3 (Ordinary - Cost Auditor Remuneration):

  • Total votes in favor: 47,958,886 (99.9995%)
  • Votes against: 219 (0.0005%)
  • Public non-institutions: 12,567 votes (98.2573% in favor, 1.7427% against)

Resolution 4 (Special - Independent Director Re-appointment):

  • Total votes in favor: 47,958,434 (99.9986%)
  • Votes against: 671 (0.0014%)
  • Public non-institutions: 12,567 votes (94.6606% in favor, 5.3394% against)

Resolution 5 (Special - Independent Director Re-appointment):

  • Total votes in favor: 47,949,587 (99.9802%)
  • Votes against: 9,518 (0.0198%)
  • Public institutions: 3,715,635 votes (99.7619% in favor, 0.2381% against)
  • Public non-institutions: 12,567 votes (94.6606% in favor, 5.3394% against)

Resolution 6 (Special - Independent Director Re-appointment):

  • Total votes in favor: 47,949,587 (99.9802%)
  • Votes against: 9,518 (0.0198%)
  • Public institutions: 3,715,635 votes (99.7619% in favor, 0.2381% against)
  • Public non-institutions: 12,567 votes (94.6606% in favor, 5.3394% against)

Resolution 7 (Special - Independent Director Appointment):

  • Total votes in favor: 47,958,434 (99.9986%)
  • Votes against: 671 (0.0014%)
  • Public non-institutions: 12,567 votes (94.6606% in favor, 5.3394% against)

Shareholder Category Participation:

  • Promoters and Promoter Group: 44,230,903 shares voted (100% participation)
  • Public Institutions: 3,715,635 shares voted (65.1441% participation of 5,703,717 shares)
  • Public Non-Institutions: 12,567 shares voted (0.0862% participation of 14,574,802 shares)
  • Shareholders attended meeting via VC: 49 (5 promoters, 44 public)

Scrutinizer's Role and Findings

Mr. Sital Prasad Swain, Practicing Company Secretary (Membership No.: F6338, CP No.: 68142), was appointed as scrutinizer. His responsibilities included:

  • Scrutinizing both remote e-voting and e-voting during the AGM
  • Ensuring fair and transparent voting process
  • Preparing the scrutinizer's report based on reports generated from NSDL's e-voting system
  • Unblocking and tabulating votes in presence of witnesses (Mr. Ankit Mazumdar and Ms. Ritu Agarwal)

The scrutinizer confirmed that all resolutions were passed with requisite majority and deemed passed as on the date of the AGM.

Compliance with Laws and Regulations

The company confirmed compliance with:

  • Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • SEBI (LODR) Regulations, 2015
  • Various MCA circulars (14/2020, 17/2020, 20/2020, 22/2020, 33/2020, 39/2020, 10/2021, 20/2021, 03/2022, 11/2022, 09/2023)
  • SEBI circulars (SEBI/HO/CFD/CMD1/CIR/P/2020/79, SEBI/HO/CFD/CMD2/CIR/P/2021/11, SEBI/HO/CFD/CFD-POD-2/P/CIR/2023/167, SEBI/HO/CFD/PoD-2/PCIR/2024/133)

Notices were dispatched via email to 74,374 members and physically to 2,302 members whose email IDs were not registered. Advertisements were published in Financial Express (English) and Utkal Mail (Hindi) newspapers on August 13, 2026.

Additional Information

  • Company CIN: L29100JH1991PLC004465
  • Corporate Office: M-4, Phase-VII, Gamharia, Adityapur Industrial Area, Gamharia, Jharkhand-832108
  • Voting results and scrutinizer's report uploaded on company website (https://www.krosslimited.com/) and NSDL website (www.evoting.nsdl.com)