Meeting Details

  • Date of AGM: July 31, 2026
  • Book Closure Date: July 25, 2026 to July 31, 2026 (both days inclusive)
  • Total shareholders on record date: 10,635
  • Shareholders present through video conferencing: Promoters and Promoter Group - 6, Public - 38

Resolutions Passed

All 12 resolutions were passed by majority vote:

Resolution 1: Ordinary Resolution

Adoption of Financial Statements for the financial year ended March 31, 2026 and Reports of the Board of Directors and Auditors thereon.

  • Total votes polled: 9,624,613 (70.8841% of outstanding shares)
  • Votes in favor: 9,624,613 (100% of votes polled)

Resolution 2: Ordinary Resolution

Declaration of Final Dividend on equity shares

  • Total votes polled: 9,624,613 (70.8841% of outstanding shares)
  • Votes in favor: 9,624,612 (100% of votes polled)
  • Votes against: 1 (0.0000% of votes polled)

Resolution 3: Ordinary Resolution

Appointment of Mr. Jagdish Liladhar Dedhia (DIN: 01639945) who retires by rotation

  • Total votes polled: 5,920,365 (43.6028% of outstanding shares)
  • Votes in favor: 5,920,365 (100% of votes polled)
  • Promoter interest in resolution: Yes

Resolution 4: Ordinary Resolution

Appointment of Mr. Ajit Eledath Venugopalan (DIN: 09439069) as an Independent Director

  • Total votes polled: 9,624,613 (70.8841% of outstanding shares)
  • Votes in favor: 9,624,612 (100% of votes polled)
  • Votes against: 1 (0.0000% of votes polled)

Resolution 5: Special Resolution

Re-appointment of Mr. Hasmukh Bhavanji Dedhia (DIN: 07510925) as an Independent Director

  • Total votes polled: 9,624,613 (70.8841% of outstanding shares)
  • Votes in favor: 9,624,613 (100% of votes polled)

Resolution 6: Special Resolution

Appointment of Mr. Pankaj Janardan Gharat (DIN: 11810105) as Executive Director (Non-Independent)

  • Total votes polled: 9,624,613 (70.8841% of outstanding shares)
  • Votes in favor: 9,624,612 (100% of votes polled)
  • Votes against: 1 (0.0000% of votes polled)

Resolution 7: Special Resolution

Change in designation of Mr. Jagdish Liladhar Dedhia from Chairman & Whole Time Director to Non-Executive (Non-Independent) Chairman and approval for remuneration

  • Total votes polled: 5,920,365 (43.6028% of outstanding shares)
  • Votes in favor: 5,920,365 (100% of votes polled)
  • Promoter interest in resolution: Yes

Resolution 8: Special Resolution

Payment of remuneration to Mr. Jagdish Liladhar Dedhia, Non-Executive Chairman for FY 2027-28

  • Total votes polled: 5,920,365 (43.6028% of outstanding shares)
  • Votes in favor: 5,920,364 (100% of votes polled)
  • Votes against: 1 (0.0000% of votes polled)
  • Promoter interest in resolution: Yes

Resolution 9: Special Resolution

Change in designation of Mr. Sanjay Mavji Dedhia (DIN: 01552883) from Managing Director to Executive Vice-Chairman and Managing Director and increase in remuneration

  • Total votes polled: 4,247,378 (31.2814% of outstanding shares)
  • Votes in favor: 4,247,378 (100% of votes polled)
  • Promoter interest in resolution: Yes

Resolution 10: Special Resolution

Approval for variation in terms of appointment of Mr. Manish Mavji Dedhia as Managing Director and CFO and remuneration

  • Total votes polled: 4,794,535 (35.3112% of outstanding shares)
  • Votes in favor: 4,794,534 (100% of votes polled)
  • Votes against: 1 (0.0000% of votes polled)
  • Promoter interest in resolution: Yes

Resolution 11: Special Resolution

Approval for increase in borrowing limits u/s 180(1)(c) of Companies Act, 2013 from ₹200 crores to ₹500 crores

  • Total votes polled: 9,624,613 (70.8841% of outstanding shares)
  • Votes in favor: 9,624,613 (100% of votes polled)

Resolution 12: Special Resolution

Approval for creation of security on assets of the Company upto ₹500 crores u/s 180(1)(a) of Companies Act, 2013

  • Total votes polled: 9,624,613 (70.8841% of outstanding shares)
  • Votes in favor: 9,624,612 (100% of votes polled)
  • Votes against: 1 (0.0000% of votes polled)

Shareholding Pattern

  • Promoter and Promoter Group: 9,201,699 shares (67.77%)
  • Public Institutions: 4,500 shares (0.03%)
  • Public Non-Institutions: 4,371,757 shares (32.20%)
  • Total Outstanding Shares: 13,577,956

Scrutinizer's Report

Shreya Shah, Practicing Company Secretary, was appointed as scrutinizer for the e-voting process. The remote e-voting period was from July 28, 2026 (9:00 AM) to July 30, 2026 (5:00 PM). The cut-off date for determining voting rights was July 24, 2026. Bigshare Services Private Limited provided the e-voting platform.