Meeting Details

The 49th Annual General Meeting was held on Wednesday, 30th September 2026 at 2:00 PM through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The meeting was deemed to be conducted at the Registered Office: Marsons House, Budge Budge Trunk Road, Vill.-Chakmir, P.O. Maheshtala, Kolkata -700 142.

Proposed Resolutions and Implications

Three resolutions were proposed and approved:

1. Ordinary Resolution: To receive and adopt the Standalone & Consolidated financial statements for year ended 31st March 2026 with Directors' and Auditors' reports

2. Ordinary Resolution: To reappoint Mr. Subhash Kumar Agarwala (DIN: 00566977) as Director who retired by rotation

3. Ordinary Resolution: To ratify remuneration of Cost Auditor for FY 2026-27

The promoter group was not interested in any of the resolutions.

Voting Process and Methods

Voting was conducted through:

  • Remote e-voting via CDSL from 9:00 AM on 27th September 2026 to 5:00 PM on 29th September 2026
  • E-voting during the AGM on 30th September 2026
  • Physical attendance and proxy voting were dispensed with due to VC/OAVM format

Cut-off date for shareholder eligibility was 23rd September 2026 with 32,032 shareholders on record.

Key Voting Outcomes

Overall Participation

  • Total outstanding shares: 172,100,000
  • Total votes polled: 109,647,761 shares (63.7117% participation)

Resolution-wise Results

Item 1 - Financial Statements Adoption

  • Votes in favor: 109,487,736 (99.85%)
  • Votes against: 160,025 (0.15%)

Item 2 - Director Reappointment

  • Votes in favor: 109,487,736 (99.85%)
  • Votes against: 160,025 (0.15%)

Item 3 - Cost Auditor Remuneration

  • Votes in favor: 109,487,736 (99.85%)
  • Votes against: 160,025 (0.15%)

Category-wise Breakdown

Promoter & Promoter Group

  • Shares held: 92,338,461
  • Votes polled: 92,338,461 (100% participation)
  • 100% voted in favor of all resolutions

Public Institutional Holders

  • Shares held: 1,430,257
  • Votes polled: 282,187 (19.7298% participation)
  • 100% voted in favor of all resolutions

Public Non-Institutional Holders

  • Shares held: 78,331,282
  • Votes polled: 17,027,113 (21.7373% participation)
  • Votes in favor: 16,867,088 (99.0602%)
  • Votes against: 160,025 (0.9398%)

Attendance

  • 52 shareholders attended via VC/OAVM (all public non-institutional)
  • No promoters attended virtually

Scrutinizer's Role and Findings

Mr. Arun Kumar Jaiswal (FCS 14050, CP No.: 12281) was appointed as Scrutinizer. His responsibilities included:

  • Scrutinizing remote e-voting and electronic voting during AGM
  • Unblocking results at 2:56 PM on 30th September 2026
  • Compiling voting details from CDSL's system (www.evotingindia.com)
  • Certifying the voting process and results

The Scrutinizer confirmed all resolutions passed with requisite majority and recommended result announcement to the Chairman.

Compliance Confirmation

The disclosure confirms compliance with:

  • Section 108 of Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars regarding VC/OAVM meetings