Meeting Details

The 21st Annual General Meeting was held on Monday, September 21, 2026 from 03:00 P.M. to 03:48 P.M. (IST) through Video Conference (VC) / Other Audio-Visual Means (OAVM). The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI.

Shareholder Participation

  • Total number of shareholders on record date: 41,033
  • Number of shareholders attended through VC/OAVM: 54
  • Promoters and Promoter Group: 2
  • Public: 52
  • Physical attendance was not applicable as the meeting was conducted virtually

Proposed Resolutions and Voting Outcomes

Resolution 1: Ordinary Resolution

To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors.

  • Promoter & Promoter Group: 32,433,406 votes (99.9938% of outstanding shares), 100% in favor
  • Public Institutions: 4,076,989 votes (59.2856% of outstanding shares), 100% in favor
  • Public Non-Institutions: 6,505,954 votes (27.3243% of outstanding shares), 100% in favor
  • Result: PASSED

Resolution 2: Ordinary Resolution

To appoint Mr. Gautam Kumar Pal (DIN: 07645652) as Whole-Time Director who retires by rotation.

  • Promoter & Promoter Group: 32,433,406 votes (99.9938% of outstanding shares), 100% in favor
  • Public Institutions: 4,041,008 votes in favor (99.1175%), 35,981 votes against (0.8825%)
  • Public Non-Institutions: 6,505,953 votes in favor (100%), 1 vote against (0.0000%)
  • Result: PASSED

Resolution 3: Ordinary Resolution

To declare Final Dividend @40% [Rs. 0.80 per equity share on face value of Rs. 2/- each].

  • Promoter & Promoter Group: 32,433,406 votes (99.9938% of outstanding shares), 100% in favor
  • Public Institutions: 4,076,989 votes (59.2856% of outstanding shares), 100% in favor
  • Public Non-Institutions: 6,505,428 votes in favor (99.9919%), 526 votes against (0.0081%)
  • Result: PASSED

Resolution 4: Ordinary Resolution

To ratify remuneration payable to M/s. S N & Co, Cost Accountants as Cost Auditors.

  • Promoter & Promoter Group: 32,433,406 votes (99.9938% of outstanding shares), 100% in favor
  • Public Institutions: 4,076,989 votes (59.2856% of outstanding shares), 100% in favor
  • Public Non-Institutions: 6,505,953 votes in favor (100%), 1 vote against (0.0000%)
  • Result: PASSED

Resolution 5: Ordinary Resolution

To consider and approve Material Related Party Transaction.

  • Promoter & Promoter Group: 32,433,406 votes (99.9938% of outstanding shares), 100% in favor
  • Public Institutions: 4,076,930 votes in favor (99.9986%), 59 votes against (0.0014%)
  • Public Non-Institutions: 6,505,428 votes in favor (99.9919%), 526 votes against (0.0081%)
  • Special Note: Related parties abstained from voting as per SEBI Regulation 23. Resolution passed based solely on public shareholder votes.
  • Result: PASSED

Voting Process and Methods

The voting process included:

  • Remote e-voting: Available from September 18, 2026 (09:00 AM) to September 20, 2026 (05:00 PM) through MUFG Intime India Private Limited
  • E-voting during AGM: Available for members attending through VC/OAVM who did not vote remotely
  • Cut-off date for voting eligibility: September 14, 2026

Scrutinizer's Report

M/s. Mehta and Mehta, Company Secretaries (Alifya Sapatwala, ACS No: 24091) was appointed as Scrutinizer. The scrutinizer verified:

  • Notice was sent to members on August 27, 2026 through electronic mode
  • Voting was conducted through MUFG Intime India Private Limited's platform
  • Votes were unblocked in presence of two witnesses (Mr. Lucky Yaduwanshi and Mr. Pranay Rane)
  • All resolutions passed with requisite majority

Compliance Confirmation

The company confirmed compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars and SEBI notifications
  • Secretarial Standards on General Meetings (SS-2)

Additional Information

  • The company holds various certifications including ISO 9001, ISO 14001, ISO 45001, RSPO, Kosher, Halal (MUI), EcoVadis, and Sedex SMETA 4-Pillar