Key Quantitative Figures

  • Total Number of Shareholders on record date (August 20, 2026): 63,393
  • Total Equity Shares: 11,10,00,000
  • Number of shareholders attended through Video Conferencing: 75 (Promoter & Promoter group: 11, Public: 64)
  • Number of resolutions passed: 6
  • Dividend declared: ₹5 per equity share of face value ₹2 each

Parties Involved

  • Scrutinizer: Mr. Pravin Kumar Drolia, Practicing Company Secretary
  • Company Secretary & Compliance Officer: Mr. Jit Roy Choudhury
  • Witnesses: Mr. Naveen Saraf and Ms. Sangita Drolia
  • E-voting agency: National Securities Depository Limited (NSDL)

Resolution Details

All six resolutions were passed with requisite majority:

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary Business - Ordinary Resolution
  • Purpose: To receive, consider and adopt the Audited Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors
  • Result: Passed with 99.9990% votes in favor
  • Total votes polled: 93,080,960 (83.8567% of outstanding shares)

Resolution 2: Declaration of Dividend

  • Type: Ordinary Business - Ordinary Resolution
  • Purpose: To declare dividend of ₹5 per equity share for FY ended March 31, 2026
  • Result: Passed with 99.9996% votes in favor
  • Total votes polled: 93,080,960 (83.8567% of outstanding shares)

Resolution 3: Re-appointment of Director

  • Type: Ordinary Business - Ordinary Resolution
  • Purpose: To re-appoint Mrs. Nidhi Jhunjhunwala (DIN: 01144803) as Director liable to retire by rotation
  • Promoter group interested: Yes
  • Result: Passed with 99.9974% votes in favor
  • Total votes polled: 93,080,640 (83.8564% of outstanding shares)

Resolution 4: Re-appointment of Independent Director

  • Type: Special Business - Special Resolution
  • Purpose: To re-appoint Ms. Suparna Chakrabortti (DIN: 07090308) as Non-Executive Woman Independent Director for second term of five consecutive years effective from January 27, 2027
  • Result: Passed with 99.9968% votes in favor
  • Total votes polled: 93,080,660 (83.8565% of outstanding shares)

Resolution 5: Appointment of Independent Director

  • Type: Special Business - Special Resolution
  • Purpose: To appoint Mr. Saradindu Dutta (DIN: 00058639) as Non-Executive Independent Director for five consecutive years effective from July 8, 2026
  • Result: Passed with 99.9970% votes in favor
  • Total votes polled: 93,080,660 (83.8565% of outstanding shares)

Resolution 6: Appointment to Office of Profit

  • Type: Special Business - Ordinary Resolution
  • Purpose: To appoint Mr. Abhyuday Jhunjhunwala as Vice President - Business Development holding an Office or Place of Profit
  • Promoter group interested: Yes
  • Result: Passed with 87.5463% votes in favor
  • Total votes polled: 73,355,660 (66.0862% of outstanding shares)
  • Notable opposition: Public Institutional holders voted 46.9550% against this resolution

Additional Information

  • The voting results and Scrutinizer's Report were uploaded on company website (www.laopala.in) and NSDL website (www.evoting.nsdl.com)
  • The Scrutinizer's report includes detailed voting breakdown by category (Promoter, Public Institutional, Public Non-Institutional) and mode (Remote E-Voting, E-voting during AGM)
  • All resolutions received the requisite majority as required under the Companies Act, 2013 and SEBI Listing Regulations