Meeting Details

  • Type of Meeting: 30th Annual General Meeting (AGM)
  • Date: Thursday, July 30, 2026
  • Time: 2:00 PM to 2:33 PM
  • Mode: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Record Date: June 23, 2026
  • Total Shareholders on Record Date: 6,826

Shareholder Participation

  • Shareholders Present in Meeting:
  • Promoters and Promoter Group: 5
  • Public: 1
  • Shareholders Attended Through Video Conferencing:
  • Promoters and Promoter Group: 0
  • Public: 64
  • Total Votes Cast: 199,252,692 shares (67.0869% of outstanding shares)

Proposed Resolutions and Voting Outcomes

All 11 resolutions were passed with the following details:

Resolution 1: Adoption of Financial Statements (Ordinary Resolution)

  • To receive and adopt Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026
  • Votes: 199,252,692 in favor (100%), 0 against
  • Invalid Votes: 9

Resolution 2: Declaration of Dividend (Ordinary Resolution)

  • To declare dividend on equity shares for FY2026
  • Votes: 199,252,691 in favor (100%), 1 against (negligible)
  • Invalid Votes: 9

Resolution 3: Re-appointment of Director (Ordinary Resolution)

  • To re-appoint Mr. Mohit Kailash Agrawal (DIN: 09696637) as director retiring by rotation
  • Votes: 199,252,688 in favor (100%), 0 against
  • Invalid Votes: 13

Resolution 4: Appointment of Statutory Auditor (Ordinary Resolution)

  • To appoint M/s. N. K. Aswani & Co., Chartered Accountants (FRN: 100738W) as statutory auditor for 5 years
  • Votes: 199,252,687 in favor (100%), 5 against (negligible)
  • Invalid Votes: 9

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

  • To re-appoint Ms. Pritu Gupta (DIN: 07983510) as Independent Director for second term of 5 years w.e.f. February 21, 2027
  • Votes: 199,252,637 in favor (100%), 55 against (negligible)
  • Invalid Votes: 13

Resolution 6: Increase in Borrowing Limits (Special Resolution)

  • To increase overall borrowing limits to ₹2500 crore under Section 180(1)(c) of Companies Act, 2013
  • Votes: 199,170,071 in favor (99.96%), 82,621 against (0.04%)
  • Invalid Votes: 9

Resolution 7: Creation of Charge on Assets (Special Resolution)

  • To increase limits for creating charge on assets under Section 180(1)(a) of Companies Act, 2013
  • Votes: 199,170,421 in favor (99.96%), 82,271 against (0.04%)
  • Invalid Votes: 9

Resolution 8: Conversion of Debt to Equity (Special Resolution)

  • Approval for conversion of outstanding secured/unsecured loan/debt into equity shares under Section 62(3)
  • Votes: 199,252,637 in favor (100%), 51 against (negligible)
  • Invalid Votes: 13

Resolution 9: Loans/Investments/Guarantees Limit (Special Resolution)

  • To enhance limit to make loans/investments and give guarantees/provide security up to ₹2500 crore under Section 186
  • Votes: 199,170,418 in favor (99.96%), 82,270 against (0.04%)
  • Invalid Votes: 13

Resolution 10: Loans/Guarantees/Securities Approval (Special Resolution)

  • Approval to grant loans, guarantees or securities under Section 185 of Companies Act, 2013
  • Votes: 199,170,372 in favor (99.96%), 82,320 against (0.04%)
  • Invalid Votes: 9

Resolution 11: Ratification of Cost Auditor Remuneration (Ordinary Resolution)

  • Ratification of remuneration payable to Cost Auditor for FY ending March 31, 2027
  • Votes: 199,252,688 in favor (100%), 0 against
  • Invalid Votes: 13

Voting Process and Scrutinizer Details

  • Remote E-voting Period: July 27, 2026 (9:00 AM) to July 29, 2026 (5:00 PM)
  • E-voting during AGM: Conducted for members who attended through VC/OAVM and hadn't voted remotely
  • Scrutinizer: Mr. Manoj R. Hurkat (CS, Membership No.: 4287) of M/s. Manoj Hurkat & Associates
  • Appointment Date: June 26, 2026
  • Report Issuance Date: July 30, 2026
  • Votes Unblocked: July 30, 2026 at 3:00 PM in presence of two witnesses
  • Witnesses: Sun Mulchandani and Yash Panchal

Category-wise Voting Breakdown

Promoter and Promoter Group (197,514,740 shares)

  • 100% participation through e-voting
  • 100% voted in favor of all resolutions
  • No votes against any resolution

Public Institutions (145,337 shares)

  • 56.6084% participation (82,273 shares)
  • Voted predominantly against resolutions 6, 7, 9, and 10 (99.9964% against)
  • Voted in favor of all other resolutions

Public Non-Institutions (99,346,663 shares)

  • 1.6666% participation (1,655,679 shares)
  • Mostly in favor of all resolutions with minor opposition on some resolutions

Compliance Statement

The company confirmed compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and relevant rules
  • MCA Circulars and SEBI Circulars regarding e-voting procedures

Additional Information

  • The scrutinizer's report included detailed breakdown of votes for each resolution
  • Invalid votes were primarily due to partially unutilized votes by shareholders
  • All resolutions received the required majority for approval
  • The company maintained all records of the voting process for safekeeping