Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

  • Date: Thursday, August 6, 2026
  • Time: 9:00 a.m. IST
  • Location: Conducted through Video Conference/Other Audio-Visual Means
  • Type: Annual General Meeting
  • Record Date: July 30, 2026
  • Total Shareholders: 3,00,666 as on record date

Voting Process and Methods

  • Remote E-voting Period: August 3, 2026 (9:00 a.m. IST) to August 5, 2026 (5:00 p.m. IST)
  • E-voting Provider: Central Depository Services (India) Limited (CDSL)
  • Voting Methods: Remote e-voting and e-voting during the AGM
  • Scrutinizer: Mr. Makarand M. Joshi and in his absence, Mrs. Kumudini Bhalerao, Partners of M/s. Makarand M. Joshi & Co., Practicing Company Secretaries, Mumbai

Shareholder Participation

  • Promoters attending via VC: 27 shareholders
  • Public attending via VC: 49 shareholders
  • Total shares outstanding: 1,29,83,86,399

Resolution Details and Voting Outcomes

Resolution 1: Ordinary Resolution - Adoption of Financial Statements

Description: To receive, consider and adopt the Audited Financial Statements (Standalone & Consolidated) for the financial year ended March 31, 2026, together with reports of Board of Directors and Statutory Auditors.

Voting Results:

  • Total votes polled: 1,17,31,74,711 (90.3564% of outstanding shares)
  • Votes in favor: 1,17,27,71,124 (99.9656% of votes polled)
  • Votes against: 4,03,587 (0.0344% of votes polled)

Category-wise Breakdown:

  • Promoter & Promoter Group: 76,49,42,740 votes (100% in favor)
  • Public - Institutions: 40,67,76,846 votes (99.9008% in favor, 0.0992% against)
  • Public - Non-Institutions: 14,55,125 votes (99.9924% in favor, 0.0076% against)
Resolution 2: Ordinary Resolution - Final Dividend Declaration

Description: To declare a Final Dividend of ₹4 per equity share of ₹1 each for the financial year ended March 31, 2026.

Promoter interest: No

Voting Results:

  • Total votes polled: 1,17,59,76,713 (90.5722% of outstanding shares)
  • Votes in favor: 1,17,59,76,661 (100.0000% of votes polled)
  • Votes against: 52 (0.0000% of votes polled)

Category-wise Breakdown:

  • Promoter & Promoter Group: 76,49,42,740 votes (100% in favor)
  • Public - Institutions: 40,95,80,422 votes (100% in favor)
  • Public - Non-Institutions: 14,53,551 votes (99.9964% in favor, 0.0036% against)
Resolution 3: Ordinary Resolution - Director Re-appointment

Description: To appoint a Director in place of Mr. Rishabh Mariwala (DIN: 03072284), who retires by rotation and offers himself for re-appointment.

Promoter interest: Yes

Voting Results:

  • Total votes polled: 1,17,59,77,956 (90.5723% of outstanding shares)
  • Votes in favor: 1,15,66,74,770 (98.3585% of votes polled)
  • Votes against: 1,93,03,186 (1.6415% of votes polled)

Category-wise Breakdown:

  • Promoter & Promoter Group: 76,49,42,740 votes (100% in favor)
  • Public - Institutions: 40,95,80,422 votes (95.2874% in favor, 4.7126% against)
  • Public - Non-Institutions: 14,54,794 votes (99.8991% in favor, 0.1009% against)
Resolution 4: Ordinary Resolution - Cost Auditor Remuneration Ratification

Description: Ratify the remuneration payable to M/s. Ashwin Solanki & Associates, Cost Accountants (Firm Registration No. 100392), Cost Auditors for FY2027.

Voting Results:

  • Total votes polled: 1,17,59,77,959 (90.5723% of outstanding shares)
  • Votes in favor: 1,17,59,76,898 (99.9999% of votes polled)
  • Votes against: 1,061 (0.0001% of votes polled)

Category-wise Breakdown:

  • Promoter & Promoter Group: 76,49,42,740 votes (100% in favor)
  • Public - Institutions: 40,95,80,422 votes (100% in favor)
  • Public - Non-Institutions: 14,54,797 votes (99.9271% in favor, 0.0729% against)

Scrutinizer's Findings and Conclusions

  • Mr. Makarand M. Joshi was appointed as Scrutinizer by the Board of Directors at their meeting held on May 5, 2026
  • The notice and explanatory statement were sent to shareholders on July 9, 2026
  • CDSL was appointed for conducting remote e-voting facility
  • The scrutinizer confirmed that neither the Welfare of Mariconians Trust (WEOMA Trust) nor its trustees exercised voting rights
  • There were no invalid votes cast on any resolutions
  • All resolutions were passed with requisite majority
  • Foreign Portfolio Investors complied with SEBI Master Circular requirements (no restrictions applied)

Compliance Confirmation

The company confirmed compliance with:

  • Companies Act, 2013 and Rules thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA General Circulars dated April 8, 2020, April 13, 2020, May 5, 2020, and September 22, 2025
  • Secretarial Standard-2 on General Meetings