Meeting Details

  • Date of Meeting: Tuesday, July 21, 2026
  • Time: 5:30 p.m. (IST)
  • Location: Conducted through Video Conference and Audio-Visual Means
  • Record Date: Tuesday, July 14, 2026
  • Total Shareholders on Record Date: 21,936

Shareholder Participation

  • Promoters/Promoter Group Attending: 8 shareholders
  • Public Shareholders Attending: 32 shareholders
  • Total Resolutions: 7/7 resolutions passed

Voting Process

  • Mode of Voting: Remote e-voting and e-voting during the meeting
  • Remote e-voting Period: Friday, July 17, 2026 (9:00 AM) to Monday, July 20, 2026 (5:00 PM)
  • Voting Agency: National Securities Depository Limited (NSDL)
  • Scrutinizer: Ragini Chokshi, Partner of Ragini Chokshi & Company, Company Secretaries

Resolution-wise Voting Outcomes

Ordinary Business

Item 1: Adoption of Audited Financial Statements (Standalone and Consolidated) along with Directors' Report and Auditors' Report

  • Total Valid Votes Cast: 17,385,767 (100%)
  • Votes in Favor: 17,385,759 (100%)
  • Votes Against: 8 (0%)

Item 2: Confirmation of Interim Dividend and Declaration of Final Dividend

  • Total Valid Votes Cast: 17,385,767 (100%)
  • Votes in Favor: 17,385,759 (100%)
  • Votes Against: 8 (0%)

Item 3: Approve Re-appointment of Director Who is Liable to Retire by Rotation

  • Total Valid Votes Cast: 7,262,672 (100%)
  • Votes in Favor: 7,258,385 (99.9410%)
  • Votes Against: 4,287 (0.0590%)

Special Business

Item 4: Ratification of Remuneration Payable to the Cost Auditors for Financial Year 2026-27

  • Total Valid Votes Cast: 17,385,767 (100%)
  • Votes in Favor: 17,379,759 (99.9654%)
  • Votes Against: 6,008 (0.0346%)

Item 5: Approve Material Related Party Transaction with Modison Copper Private Limited

  • Promoter Interest: Yes (promoters abstained from voting)
  • Total Valid Votes Cast: 514,357 (100%)
  • Votes in Favor: 514,329 (99.9946%)
  • Votes Against: 28 (0.0054%)

Item 6: Approval for Overall Borrowing Limits under Section 180(1)(c) of Companies Act, 2013

  • Total Valid Votes Cast: 17,385,767 (100%)
  • Votes in Favor: 17,385,749 (99.9999%)
  • Votes Against: 18 (0.0001%)

Item 7: Approval under Section 180(1)(a) for Creation of Mortgage or Charge on Assets

  • Total Valid Votes Cast: 17,385,767 (100%)
  • Votes in Favor: 17,385,489 (99.9984%)
  • Votes Against: 278 (0.0016%)

Shareholder Category Breakdown

Overall Participation:

  • Total Outstanding Shares: 32,450,000
  • Total Votes Polled: 17,385,767 (53.5771% of outstanding shares)
  • Promoter & Promoter Group: 16,947,783 shares (99.5494% voted)
  • Public Institutions: 283,125 shares (5.7833% voted)
  • Public Non-Institutions: 15,219,092 shares (3.2721% voted)

Scrutinizer's Report Details

Appointment: Ragini Chokshi was appointed as Scrutinizer by the Board of Directors to scrutinize remote e-voting and voting during the AGM.

Process: The scrutinizer relied on reports generated from NSDL's e-voting system. Votes were unblocked on July 21, 2026, after 30 minutes of conclusion of AGM proceedings, witnessed by Mr. Harshit Dave and Mr. Pary Jain.

Notice Distribution: Notice was published in The Free Press Journal (English) and Nav Shakti (Marathi) on June 30, 2026, and dispatched via email to registered members on June 29, 2026.

Compliance Confirmation

The document confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • Various MCA General Circulars and SEBI Circulars referenced in the scrutinizer's report