Meeting Details

  • Date: Monday, 28th September, 2026
  • Time: 11:30 AM to 12:40 PM IST
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Type of Meeting: Annual General Meeting (AGM)

Proposed Resolutions and Implications

The AGM considered six resolutions:

1. Ordinary Resolution: To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2026, Statement of Profit & Loss Account and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and the Auditors thereon.

2. Ordinary Resolution: To appoint a director in place of Mr. Ashish Jain (DIN No. 06942547) who retires from the office by rotation and being eligible, offers himself for re-appointment.

3. Ordinary Resolution: To fix remuneration of M/s Vivek Bothra, Cost Accountant (Membership No. 16308) the Cost Auditor of the Company.

4. Special Resolution: To consider the reappointment of Mr. Ashish Jain (DIN: 06942547), Whole time Executive Director for the period from April 1, 2027 to March 31, 2030.

5. Special Resolution: To consider the reappointment of Mrs. Priti Jain (DIN: 01007557), Whole time Executive Director for the period from April 1, 2027 to March 31, 2030.

6. Special Resolution: To consider the reappointment of Mr. Naveen Gupta (DIN: 10252320), as Executive Director.

Voting Process and Methods

The voting was conducted through two methods:

  • Remote E-Voting: Available from 25th September, 2026 (9:00 a.m. IST) to 27th September, 2026 (5:00 p.m. IST)
  • E-Voting during AGM: Conducted on 28th September, 2026 during the meeting

The company appointed MUFG Intime India Private Limited (formerly Link Intime India Private Limited) as the service provider for both remote e-voting and e-voting facilities. The voting platform was accessible at https://instavote.linkintime.co.in.

Key Voting Outcomes

Record Date and Shareholder Information

  • Record Date: 21st September, 2026
  • Total Shareholders on Record Date: 30,847
  • Shareholders Present Virtually:
  • Promoters and Promoter Group: 4
  • Public: 51

Resolution-wise Voting Results

Resolution 1: Adoption of Financial Statements

  • Total Votes Cast: 35,334,311 (58.9054% of outstanding shares)
  • In Favor: 35,299,866 (99.9025% of votes cast)
  • Against: 34,445 (0.0975% of votes cast)
  • Result: Passed

Resolution 2: Re-appointment of Ashish Jain (Ordinary)

  • Total Votes Cast: 35,334,311 (58.9054% of outstanding shares)
  • In Favor: 35,299,866 (99.9025% of votes cast)
  • Against: 34,445 (0.0975% of votes cast)
  • Invalid Votes: 33,584,068 (Promoter), 40,000 (Public-Non Institutions)
  • Result: Passed

Resolution 3: Fix Remuneration of Cost Auditor

  • Total Votes Cast: 35,334,311 (58.9054% of outstanding shares)
  • In Favor: 35,299,866 (99.9025% of votes cast)
  • Against: 34,445 (0.0975% of votes cast)
  • Result: Passed

Resolution 4: Re-appointment of Ashish Jain (Special)

  • Total Votes Cast: 35,334,311 (58.9054% of outstanding shares)
  • In Favor: 35,299,866 (99.9025% of votes cast)
  • Against: 34,445 (0.0975% of votes cast)
  • Invalid Votes: 33,584,068 (Promoter), 40,000 (Public-Non Institutions)
  • Result: Passed

Resolution 5: Re-appointment of Priti Jain (Special)

  • Total Votes Cast: 35,334,311 (58.9054% of outstanding shares)
  • In Favor: 35,299,616 (99.9018% of votes cast)
  • Against: 34,695 (0.0982% of votes cast)
  • Invalid Votes: 33,584,068 (Promoter), 40,000 (Public-Non Institutions)
  • Result: Passed

Resolution 6: Re-appointment of Naveen Gupta (Special)

  • Total Votes Cast: 35,334,311 (58.9054% of outstanding shares)
  • In Favor: 35,299,866 (99.9025% of votes cast)
  • Against: 34,445 (0.0975% of votes cast)
  • Result: Passed

Category-wise Voting Participation

  • Promoter and Promoter Group: 33,484,068 shares (100% voted in favor across all resolutions)
  • Public Institutions: 1,038,233 shares (92.8476% participation rate, 100% in favor)
  • Public Non-Institutions: 25,462,563 shares (3.4807% participation rate, ~96.11% in favor)

Scrutinizer's Role and Findings

Mr. Abhinav Agarwal, Company Secretary in Practice (Membership No. 11894, COP No. 17590) of A Abhinav & Associates was appointed as Scrutinizer by the Board of Directors on 13th August, 2026. His responsibilities included:

  • Scrutinizing the remote e-voting and e-voting process
  • Ensuring fair and transparent voting procedures
  • Preparing the consolidated scrutinizer's report
  • Unblocking the votes cast through remote e-voting on 28th September, 2026 in the presence of witnesses (Vivek Yadav and Shipra)

The scrutinizer confirmed that all electronic data and records of remote e-voting and e-voting will remain in his safe custody until the Chairman considers, approves and signs the Minutes of the 23rd AGM.

Compliance Confirmation

The document confirms compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of The Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA General Circular nos. 14/2020 and subsequent circulars including Circular No. 03/2025
  • Secretarial Standard on General Meetings (SS2) issued by ICSI