Meeting Details

  • Date: Thursday, September 24, 2026
  • Time: 3:00 p.m. (IST)
  • Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Type: 44th Annual General Meeting
  • Record Date: September 17, 2026
  • Total Shareholders on Record Date: 14,874

Shareholder Participation

  • Promoters and Promoter Group attended through VC: 8 shareholders
  • Public shareholders attended through VC: 46 shareholders
  • Total shareholders present in meeting: Not specified for physical presence

Proposed Resolutions and Voting Outcomes

Eight resolutions were considered and passed at the AGM:

Resolution 1: Ordinary Resolution - Adoption of Financial Statements

  • Description: Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, with Board of Directors and Auditors reports
  • Total Votes Polled: 5,240,847 shares (61.1931% of outstanding shares)
  • Votes in Favor: 5,240,807 (99.9992%)
  • Votes Against: 40 (0.0008%)
  • Result: Passed

Resolution 2: Ordinary Resolution - Director Reappointment

  • Description: Reappointment of Mr. Kamalkumar Dujodwala (DIN: 00546281) who retires by rotation
  • Total Votes Polled: 5,240,847 shares (61.1931% of outstanding shares)
  • Votes in Favor: 5,240,807 (99.9992%)
  • Votes Against: 40 (0.0008%)
  • Result: Passed

Resolution 3: Ordinary Resolution - Cost Auditor Remuneration

  • Description: Ratification of remuneration payable to Cost Auditor for FY 2026-27 under Section 148 of Companies Act, 2013
  • Total Votes Polled: 5,240,847 shares (61.1931% of outstanding shares)
  • Votes in Favor: 5,240,807 (99.9992%)
  • Votes Against: 40 (0.0008%)
  • Result: Passed

Resolution 4: Ordinary Resolution - Related Party Transactions

  • Description: Approval of material related party transactions with Mangalam Industrial Private Limited, a material subsidiary
  • Total Votes Polled: 217,921 shares (2.5445% of outstanding shares)
  • Votes in Favor: 217,881 (99.9816%)
  • Votes Against: 40 (0.0184%)
  • Note: One related party inadvertently cast votes which were excluded from final count
  • Result: Passed

Resolution 5: Special Resolution - Borrowing Powers

  • Description: Approval of borrowing powers under Section 180(1)(c) of Companies Act, 2013
  • Total Votes Polled: 5,240,847 shares (61.1931% of outstanding shares)
  • Votes in Favor: 5,240,807 (99.9992%)
  • Votes Against: 40 (0.0008%)
  • Result: Passed

Resolution 6: Special Resolution - Creation of Charge

  • Description: Approval under Section 180(1)(a) for creation of charge, mortgage and/or hypothecation on company assets
  • Total Votes Polled: 5,240,847 shares (61.1931% of outstanding shares)
  • Votes in Favor: 5,240,807 (99.9992%)
  • Votes Against: 40 (0.0008%)
  • Result: Passed

Resolution 7: Special Resolution - Investment Limits

  • Description: Approval for increase in limits of investments, loans, guarantees and securities under Section 186
  • Total Votes Polled: 5,240,847 shares (61.1931% of outstanding shares)
  • Votes in Favor: 5,240,807 (99.9992%)
  • Votes Against: 40 (0.0008%)
  • Result: Passed

Resolution 8: Ordinary Resolution - Statutory Auditor Appointment

  • Description: Appointment of M/s JMT & Associates, Chartered Accountants (Firm Registration No. 104167W) as Statutory Auditors
  • Total Votes Polled: 5,240,847 shares (61.1931% of outstanding shares)
  • Votes in Favor: 5,240,807 (99.9992%)
  • Votes Against: 40 (0.0008%)
  • Result: Passed

Voting Process and Methods

  • Remote E-voting Period: September 21, 2026 (9:00 AM IST) to September 23, 2026 (5:00 PM IST)
  • E-voting Service Provider: MUFG Intime India Private Limited (MIIPL)
  • Voting Methods: Remote e-voting only (no polling or postal ballot used)
  • Electronic Voting at AGM: No votes were cast during the physical meeting

Scrutinizer's Report

  • Scrutinizer: Yogesh Sharma & Co. (Yogesh M. Sharma, FCS 11305)
  • Appointment: By Board of Directors on July 28, 2026
  • Findings: All resolutions passed with requisite majority through remote e-voting process
  • Vote Verification: Based on reports generated from MIIPL's e-voting system
  • Records Handover: All voting records handed over to Company Secretary for safekeeping

Compliance Confirmation

  • The company confirms compliance with:
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • Section 108 of Companies Act, 2013

Additional Information

  • Company CIN: L24110MH1981PLC024742
  • ISO Certifications: 9001/14001/45001 2018 Certified Company