Meeting Details
The 45th Annual General Meeting was held on Wednesday, 30th September 2026, at the registered office of the Company at Modern Woollens, Pragati Path, Bhilwara-311001, Rajasthan, India. The meeting commenced at 10:00 AM IST and concluded at 10:35 AM IST.
Proposed Resolutions and Implications
Three ordinary resolutions were proposed for shareholder approval:
1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March 2026, together with the Reports of the Board and Auditors thereon.
2. To appoint a Director in place of Mr. Prabodh Kumar Jain (DIN: 11457800), who retires by rotation and offered himself for re-appointment.
3. Ratification of Remuneration of Cost Auditors for the Financial Year 2026-27.
All resolutions were passed with near-unanimous approval.
Voting Process and Methods
Voting was conducted through two methods:
- Remote E-voting: Available from Sunday, 27th September 2026 (9:00 AM IST) to Tuesday, 29th September 2026 (5:00 PM IST).
- Physical Ballot Paper: Circulated to shareholders who attended the AGM and had not cast their vote earlier through remote e-voting.
The cut-off date for determining members entitled to vote was Wednesday, 23rd September 2026.
Key Voting Outcomes
Resolution No. 1: Adoption of Financial Statements
- Total Votes Cast: 22,683,846 votes from 48 members
- In Favor: 22,683,821 votes (100%) from 47 members
- Against: 25 votes (0%) from 1 member
- Invalid/Abstained: 0 votes
Resolution No. 2: Re-appointment of Director
- Total Votes Cast: 22,683,846 votes from 48 members
- In Favor: 22,683,808 votes (100%) from 46 members
- Against: 38 votes (0%) from 2 members
- Invalid/Abstained: 0 votes
Resolution No. 3: Ratification of Cost Auditor Remuneration
- Total Votes Cast: 22,683,846 votes from 48 members
- In Favor: 22,683,808 votes (100%) from 46 members
- Against: 38 votes (0%) from 2 members
- Invalid/Abstained: 0 votes
Scrutinizer's Role and Findings
Mr. Rajendra Kumar Jain, Proprietor of R.K. Jain & Associates, Practicing Company Secretaries, was appointed as the Scrutinizer. His responsibilities included ensuring a fair and transparent voting process and rendering a consolidated report of the total votes cast for each resolution. The remote e-voting was unblocked on Wednesday, 30th September 2026 at 11:58 AM in the presence of two witnesses who were not employees of the company. The scrutinizer confirmed that all poll papers and relevant records were sealed and handed over to the Company Secretary/Director authorized by the Board for safekeeping.
Compliance Confirmation
The disclosure confirms compliance with Section 108 of the Companies Act, 2013, read with Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.