Date: September 30, 2026

KMP / Board / Auditor Changes

  • Mr. Vinay Kumar Modi (DIN: 00274605) was re-appointed as Director who retired by rotation
  • Mr. Alok Modi (DIN: 00174374) was re-appointed as Managing Director for a term of five years

Board Meeting Outcomes

The 53rd Annual General Meeting was held on Wednesday, September 30, 2026 at 11:30 AM through video conferencing/other audio-visual means

All four resolutions proposed in the notice were approved with requisite majority:

Resolution 1: Ordinary Resolution

  • To consider and adopt the audited financial statements (including consolidated financial statements) for FY ended March 31, 2026 and reports of Board of Directors and auditors
  • Voting Results: 82 members (20,424,450 votes) in favor (99.9999%), 6 members (11 votes) against (0.0001%)
  • No invalid or abstained votes

Resolution 2: Ordinary Resolution

  • To re-appoint Mr. Vinay Kumar Modi (DIN: 00274605) as Director retiring by rotation
  • Voting Results: 82 members (20,424,450 votes) in favor (99.9999%), 6 members (11 votes) against (0.0001%)
  • No invalid or abstained votes

Resolution 3: Special Resolution

  • To re-appoint Mr. Alok Modi (DIN: 00174374) as Managing Director for five years
  • Voting Results: 82 members (20,424,450 votes) in favor (99.9999%), 6 members (11 votes) against (0.0001%)
  • No invalid or abstained votes

Resolution 4: Special Resolution

  • To approve amendment in Object Clause of Memorandum of Association
  • Voting Results: 82 members (20,424,450 votes) in favor (99.9999%), 6 members (11 votes) against (0.0001%)
  • No invalid or abstained votes

Voting Process Details

Scrutinizer Appointment: Rashmi Saxena, Practicing Company Secretary and Proprietor of Rashmi Saxena & Associates, Delhi was appointed as Scrutinizer

Cut-off Date: September 23, 2026 for determining voting entitlements

Voting Agency: National Securities Depository Limited (NSDL) provided the e-voting platform

Remote E-voting Period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)

Voting Participation:

  • 4 members with 39 shares voted through e-voting at AGM
  • 84 members with 20,424,422 shares voted through remote e-voting
  • Total: 88 members with 20,424,461 shares participated

Notice Publication: Advertisement published in The Pioneer (English and Hindi editions) on September 6, 2026

Regulatory Compliance: Conducted pursuant to Section 108 of Companies Act, 2013, Rule 20 of Companies (Management and Administration) Rules, 2014, Regulation 44 of SEBI LODR Regulations, 2015, and various MCA and SEBI circulars

Financial Results

Not Specified

Dividend Declaration

Not Specified

Disinvestment / Strategic Actions

Not Specified

Other Operational / Legal / Strategic Disclosures

  • Memorandum of Association amendment approved via special resolution
  • All electronic voting records to remain with Scrutinizer until Chairman approves and signs meeting minutes