Meeting Details
- Type of Meeting: 28th Annual General Meeting (AGM)
- Meeting Date: August 06, 2026
- Meeting Time: 12:30 PM to 01:05 PM
- Record Date: July 24, 2026
- Total Shareholders on Record Date: 359
- Shareholders Present: 16 (6 Promoters/Promoter Group + 10 Public)
- Remote E-Voting Period: August 01, 2026 (09:00 hours) to August 05, 2026 (17:00 hours)
Scrutinizer Appointment
- Name: Dixit Shah of Dixit Shah and Associates
- Qualification: Company Secretary
- Membership Number: 17715
- Appointment Date: July 08, 2026
- Report Issuance Date: August 06, 2026
Shareholding Structure
- Total Outstanding Shares: 5,400,000
- Promoter & Promoter Group Shares: 3,510,000 (65.00%)
- Public Non-Institutions Shares: 1,890,000 (35.00%)
- Public Institutions Shares: 0 (0.00%)
Voting Results Summary
All 15 resolutions were passed with 100% approval from voting shareholders. Total votes polled were 3,859,200 shares, representing 71.47% of total outstanding shares.
Detailed Resolution Results
Resolution 1: Ordinary Resolution - Adoption of Financial Statements
- Description: To receive, consider and adopt the audited accounts for year ended March 31, 2026 and reports of Auditors and Directors
- Promoter Interest: No
- Total Votes Polled: 3,859,200 shares (71.47%)
- Votes in Favor: 3,859,200 (100%)
- Votes Against: 0 (0%)
Resolution 2: Ordinary Resolution - Reappointment of Director
- Description: Reappointment of Mr. Tanmai Ajaybhai Vachhani (DIN: 07548458) who retires by rotation
- Promoter Interest: No
- Total Votes Polled: 3,859,200 shares (71.47%)
- Votes in Favor: 3,859,200 (100%)
- Votes Against: 0 (0%)
Resolution 4: Special Resolution - Reappointment of Managing Director
- Description: Reappointment of Mr. Bharatkumar Popatlal Vachhani (DIN: 00585375) as Managing Director
- Promoter Interest: Yes
- Total Votes Polled: 345,000 shares (6.39%) - Only Public Non-Institutions voted
- Votes in Favor: 345,000 (100%)
- Votes Against: 0 (0%)
Resolution 5: Special Resolution - Reappointment of Whole-time Director
- Description: Reappointment of Mr. Ajay Popatlal Vachhani (DIN: 00585290) as Whole-time Director
- Promoter Interest: Yes
- Total Votes Polled: 345,000 shares (6.39%) - Only Public Non-Institutions voted
- Votes in Favor: 345,000 (100%)
- Votes Against: 0 (0%)
Resolution 6: Special Resolution - Reappointment of Whole-time Director
- Description: Reappointment of Mr. Tanmai Ajaybhai Vachhani (DIN: 07548458) as Whole-time Director
- Promoter Interest: Yes
- Total Votes Polled: 345,000 shares (6.39%) - Only Public Non-Institutions voted
- Votes in Favor: 345,000 (100%)
- Votes Against: 0 (0%)
Resolution 7: Special Resolution - Reappointment of Whole-time Director
- Description: Reappointment of Mr. Mayank Bharatkumar Vachhani (DIN: 08675340) as Whole-time Director
- Promoter Interest: Yes
- Total Votes Polled: 345,000 shares (6.39%) - Only Public Non-Institutions voted
- Votes in Favor: 345,000 (100%)
- Votes Against: 0 (0%)
Resolution 8: Special Resolution - Reappointment of Independent Director
- Description: Reappointment of Mrs. Ekta Ankur Dholakia (DIN: 10150882) as Independent Director
- Promoter Interest: No
- Total Votes Polled: 3,859,200 shares (71.47%)
- Votes in Favor: 3,859,200 (100%)
- Votes Against: 0 (0%)
Resolution 9: Special Resolution - Revision of Remuneration
- Description: Revision in remuneration of Mr. Bharatkumar Popatlal Vachhani (DIN: 00585375), Managing Director
- Promoter Interest: Yes
- Total Votes Polled: 345,000 shares (6.39%) - Only Public Non-Institutions voted
- Votes in Favor: 343,200 (99.48%)
- Votes Against: 1,800 (0.52%)
Resolution 10: Special Resolution - Revision of Remuneration
- Description: Revision in remuneration of Mr. Ajay Popatlal Vachhani (DIN: 00585290), Whole-time Director
- Promoter Interest: Yes
- Total Votes Polled: 345,000 shares (6.39%) - Only Public Non-Institutions voted
- Votes in Favor: 343,200 (99.48%)
- Votes Against: 1,800 (0.52%)
Resolution 11: Special Resolution - Revision of Remuneration
- Description: Revision in remuneration of Mr. Ankit Bharatbhai Vachhani (DIN: 07279064), CFO and Director
- Promoter Interest: Yes
- Total Votes Polled: 345,000 shares (6.39%) - Only Public Non-Institutions voted
- Votes in Favor: 343,200 (99.48%)
- Votes Against: 1,800 (0.52%)
Resolution 12: Special Resolution - Revision of Remuneration
- Description: Revision in remuneration of Mr. Tanmai Ajaybhai Vachhani (DIN: 07548458), Whole-time Director
- Promoter Interest: Yes
- Total Votes Polled: 345,000 shares (6.39%) - Only Public Non-Institutions voted
- Votes in Favor: 343,200 (99.48%)
- Votes Against: 1,800 (0.52%)
Resolution 13: Special Resolution - Revision of Remuneration
- Description: Revision in remuneration of Mr. Mayank Bharatkumar Vachhani (DIN: 08675340), Whole-time Director
- Promoter Interest: Yes
- Total Votes Polled: 345,000 shares (6.39%) - Only Public Non-Institutions voted
- Votes in Favor: 343,200 (99.48%)
- Votes Against: 1,800 (0.52%)
Resolution 14: Special Resolution - Bonus Share Issue
- Description: To approve issue of bonus equity shares to members of the Company
- Promoter Interest: No
- Total Votes Polled: 3,859,200 shares (71.47%)
- Votes in Favor: 3,859,200 (100%)
- Votes Against: 0 (0%)
Resolution 15: Ordinary Resolution - Increase Authorized Share Capital
- Description: To increase Authorized Share Capital and consequent alteration to Capital Clause of Memorandum of Association
- Promoter Interest: No
- Total Votes Polled: 3,859,200 shares (71.47%)
- Votes in Favor: 3,859,200 (100%)
- Votes Against: 0 (0%)
Key Observations
- Promoter and promoter group shareholders abstained from voting on resolutions where they were interested parties (Resolutions 4-7, 9-13)
- Only public non-institutional shareholders voted on resolutions where promoters were interested
- All resolutions received 100% approval from voting shareholders except remuneration revisions which received 99.48% approval
- The scrutinizer report confirmed no invalid votes across all resolutions