Meeting Details

The 17th Annual General Meeting was held on Tuesday, 29th September, 2026 at 01:00 P.M. (IST) at the Registered Office of the company situated at 32, Heera Panna Market, Pur Road, Bhilwara-311001, Rajasthan, India. The meeting concluded at 03:30 P.M. (IST).

Proposed Resolutions and Implications

The following eight resolutions were proposed and approved:

1. Ordinary Resolution: To receive, consider and adopt the Audited Financial Statement and the Directors Report along with all relevant annexures forming part thereof and together with Auditors Report thereon for the financial year ended 31st March 2026.

2. Ordinary Resolution: To Appoint Directors in place of Mrs. Pallavi Laddha (DIN: 06856220) who is liable to retire by rotation and is being eligible, offer herself for re-appointment.

3. Ordinary Resolution: Ratification of Remuneration of Cost Auditors for the Financial Year 2026-27.

4. Special Resolution: Approval for Re-appointment of Mr. Maheshchandra Kailashchandra Laddha as Whole Time Director.

5. Special Resolution: To Appoint Mr. Manishkumar Balkrishna Porwal as an Independent Director who was appointed as an Additional Independent Director.

6. Special Resolution: To Appoint Mr. Satya Narayan Maheshwari as an Independent Director who was appointed as an Additional Independent Director.

7. Special Resolution: To Appoint Mr. Mahendra Singh Rana as an Independent Director who was appointed as an Additional Independent Director.

8. Ordinary Resolution: To Approve Material Related Party Transactions.

Voting Process and Methods

Voting was conducted through two methods:

  • Remote E-voting: Commenced on Saturday, 26th September, 2026 (9:00 A.M. IST) and ended on Monday, 28th September, 2026 (5:00 P.M. IST) through NSDL's e-voting system.
  • Physical Ballot: Conducted at the AGM for shareholders who attended physically and had not voted through remote e-voting.

The cut-off date for determining eligibility to vote was 22nd September, 2026.

Key Voting Outcomes

Overall Participation

  • Total number of shareholders on record date: 2,154
  • Shareholders present in meeting: 26 (11 Promoters/Promoter group, 15 Public)
  • No shareholders attended through video conferencing
  • Total votes cast across all resolutions: 1,115,092 shares (6.1782% of outstanding shares)

Resolution-wise Results:

Resolution 1 (Ordinary - Financial Statements)

  • Total votes in favor: 1,115,092 (100%)
  • Votes against: 0 (0%)
  • Remote e-voting: 10 members, 1,089,823 votes (97.7%)
  • Physical ballot: 3 members, 25,269 votes (2.3%)

Resolution 2 (Ordinary - Director Re-appointment)

  • Total votes in favor: 392,937 (100%)
  • Votes against: 0 (0%)
  • Remote e-voting: 9 members, 367,668 votes (93.6%)
  • Physical ballot: 3 members, 25,269 votes (6.4%)

Resolution 3 (Ordinary - Cost Auditor Remuneration)

  • Total votes in favor: 1,115,092 (100%)
  • Votes against: 0 (0%)
  • Remote e-voting: 10 members, 1,089,823 votes (97.7%)
  • Physical ballot: 3 members, 25,269 votes (2.3%)

Resolution 4 (Special - Whole Time Director)

  • Total votes in favor: 392,937 (100%)
  • Votes against: 0 (0%)
  • Remote e-voting: 9 members, 367,668 votes (93.6%)
  • Physical ballot: 3 members, 25,269 votes (6.4%)

Resolution 5 (Special - Independent Director)

  • Total votes in favor: 1,115,092 (100%)
  • Votes against: 0 (0%)
  • Remote e-voting: 10 members, 1,089,823 votes (97.7%)
  • Physical ballot: 3 members, 25,269 votes (2.3%)

Resolution 6 (Special - Independent Director)

  • Total votes in favor: 1,115,092 (100%)
  • Votes against: 0 (0%)
  • Remote e-voting: 10 members, 1,089,823 votes (97.7%)
  • Physical ballot: 3 members, 25,269 votes (2.3%)

Resolution 7 (Special - Independent Director)

  • Total votes in favor: 1,115,092 (100%)
  • Votes against: 0 (0%)
  • Remote e-voting: 10 members, 1,089,823 votes (97.7%)
  • Physical ballot: 3 members, 25,269 votes (2.3%)

Resolution 8 (Ordinary - Related Party Transactions)

  • Total votes in favor: 392,937 (100%)
  • Votes against: 0 (0%)
  • Remote e-voting: 9 members, 367,668 votes (93.6%)
  • Physical ballot: 3 members, 25,269 votes (6.4%)

Category-wise Voting Breakdown:

  • Promoter and Promoter Group: Held 10,342,890 shares (57.30% of total)
  • Public Institutions: Held 0 shares
  • Public Non-Institutions: Held 7,705,845 shares (42.70% of total)

All resolutions received 100% favorable votes from all voting categories with no invalid or abstained votes.

Scrutinizer's Role and Findings

Mr. Rajendra Kumar Jain, Proprietor of R.K. Jain & Associates, Practicing Company Secretaries, was appointed as Scrutinizer by the Board of Directors. His responsibilities included:

  • Ensuring fair and transparent voting process through electronic means and physical ballot
  • Scrutinizing the e-voting process provided by NSDL
  • Consolidating voting results from both remote e-voting and physical ballot
  • Submitting the final scrutinizer report to the Chairman

The scrutinizer confirmed that the voting process complied with Section 108 of the Companies Act, 2013 read with Rule 20 and 21 of the Companies (Management and Administration) Rules, 2014 as amended. The remote e-voting was unblocked on September 29, 2026 at 04:00 P.M. (IST) in the presence of two independent witnesses.

Compliance Confirmation

The company confirmed compliance with applicable laws and regulations including:

  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Companies (Management and Administration) Amendment Rules, 2015

Additional Information

  • Company CIN: L18101RJ2009PLC028647
  • GSTIN: 08AAFCM9997C1ZX
  • The poll papers and all relevant records were sealed and handed over to the Chairman/Director authorized by the Board for safe keeping.