Meeting Details

The 32nd Annual General Meeting was conducted on Thursday, 20th August 2026, commencing at 12:30 PM through video conferencing/other audio video means (VC/OAVM).

Voting Process Details

  • Remote e-voting period: 16th August 2026 (9:00 AM IST) to 19th August 2026 (5:00 PM IST)
  • E-voting facility provided during AGM for members who hadn't voted remotely
  • Cut-off date for entitlement to vote: 13th August 2026
  • Total shareholders as of cut-off date: 2,723
  • Scrutinizer: Simran Singh of M/s Simran Singh & Associates, Practising Company Secretaries
  • Service Provider for voting facility: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)

Resolution Details and Voting Results

Resolution 1: Adoption of Financial Statements

  • Description: To receive, consider and adopt the Audited Financial Statements for FY ended 31st March 2026 with Board of Directors and Auditors reports
  • Type: Ordinary Resolution
  • Promoter interest: No
  • Total shares outstanding: 7,326,800
  • Total votes polled: 5,187,586 (70.8029% of outstanding shares)
  • Votes in favor: 5,187,079 (99.9902% of votes polled)
  • Votes against: 507 (0.0098% of votes polled)
  • Result: Passed

Resolution 2: Declaration of Final Dividend

  • Description: To declare a Final dividend on equity shares for FY ended 31st March 2026
  • Type: Ordinary Resolution
  • Promoter interest: No
  • Total shares outstanding: 7,326,800
  • Total votes polled: 5,187,586 (70.8029% of outstanding shares)
  • Votes in favor: 5,187,079 (99.9902% of votes polled)
  • Votes against: 507 (0.0098% of votes polled)
  • Result: Passed

Resolution 3: Reappointment of Director

  • Description: To appoint Mr. Ramesh Chander Khandelwal (DIN: 00124085) who retires by rotation under Section 152(6) of Companies Act, 2013
  • Type: Ordinary Resolution
  • Promoter interest: Yes
  • Total shares outstanding: 7,326,800
  • Total votes polled: 1,703,228 (23.2465% of outstanding shares)
  • Votes in favor: 1,702,721 (99.9702% of votes polled)
  • Votes against: 507 (0.0298% of votes polled)
  • Result: Passed

Resolution 4: Reappointment of Statutory Auditor

  • Description: To re-appoint M/s. Mehra Goel & Co LLP, Chartered Accountants (FRN No. 000517N/N500502) as Statutory Auditor for second term of five consecutive years from conclusion of 32nd AGM until conclusion of 37th AGM, and to fix their remuneration
  • Type: Ordinary Resolution
  • Promoter interest: No
  • Total shares outstanding: 7,326,800
  • Total votes polled: 5,187,586 (70.8029% of outstanding shares)
  • Votes in favor: 5,187,079 (99.9902% of votes polled)
  • Votes against: 507 (0.0098% of votes polled)
  • Result: Passed

Resolution 5: Material Related Party Transaction

  • Description: To Approve Material Related Party Transaction(s) with M/s Khandelwal Busar Industries Private Limited
  • Type: Ordinary Resolution
  • Promoter interest: Yes
  • Total shares outstanding: 7,326,800
  • Total votes polled: 88,759 (1.2114% of outstanding shares)
  • Votes in favor: 88,252 (99.4288% of votes polled)
  • Votes against: 507 (0.5712% of votes polled)
  • Result: Passed

Resolution 6: Ratification of Cost Auditor's Remuneration

  • Description: To ratify the remuneration of Cost Auditor's for FY ending 31st March 2027
  • Type: Ordinary Resolution
  • Promoter interest: No
  • Total shares outstanding: 7,326,800
  • Total votes polled: 5,187,586 (70.8029% of outstanding shares)
  • Votes in favor: 5,187,079 (99.9902% of votes polled)
  • Votes against: 507 (0.0098% of votes polled)
  • Result: Passed

Shareholding Pattern Analysis

  • Promoter and Promoter Group shares: 5,197,282 (70.93% of total)
  • Public Institution shares: 0 (0% of total)
  • Public Non-Institution shares: 2,129,518 (29.07% of total)

Invalid Votes

No invalid votes were recorded across all shareholder categories for any resolution.

Scrutinizer's Report Details

The Scrutinizer's report was prepared by Simran Singh of Simran Singh & Associates, Company Secretaries. The vote unblocking was witnessed by Amar Pandey and Manjeet on 19th August 2026 at 5:00 PM.

Certification

The Chairman, Ramesh Chander Khandelwal (DIN: 00124085), certified that all six resolutions were passed with requisite majority based on the Scrutinizer's Report.