Meeting Details

The 72nd Annual General Meeting was held on Wednesday, September 16, 2026 at 2:00 PM (IST) through Video Conferencing/Other Audio Visual Means. The meeting was conducted in compliance with MCA circulars dated April 8, 2020 through September 22, 2025 and SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Voting Process

Remote e-voting was available from Sunday, September 13, 2026 (9:00 a.m. IST) to Tuesday, September 15, 2026 (5:00 p.m. IST). E-voting facility was also provided during the AGM for members who had not cast votes through remote e-voting.

Scrutinizer Appointment

M/s. Nilesh Shah & Associates, Practicing Company Secretaries (represented by Partner Nilesh Shah, FCS 4554) were appointed as Scrutinizer to oversee the e-voting process.

Record Date

The cut-off date for determining shareholders entitled to vote was Wednesday, September 9, 2026.

Total Shareholders

15,169 shareholders were on record as of the cut-off date.

Attendance

55 shareholders attended the meeting through Video Conferencing (8 from Promoters and Promoter Group, 47 from Public, and 1 unspecified).

Voting Results

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary Resolution
  • Purpose: To receive, consider and adopt the Audited Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors
  • Result: Approved with 99.99% votes in favor
  • Votes Cast: 4,080,207 votes (70.9972% of outstanding shares)
  • In Favor: 4,080,197 votes (99.9998% of votes polled)
  • Against: 10 votes (0.0002% of votes polled)
  • Promoter Voting: 4,066,659 votes (100% in favor)
  • Public Non-Institutions: 13,548 votes (99.9262% in favor)

Resolution 2: Final Dividend Declaration

  • Type: Ordinary Resolution
  • Purpose: To declare final dividend of ₹16.48 per equity share (164.80%) of face value ₹10 each for FY ended March 31, 2026
  • Result: Approved with 99.99% votes in favor
  • Votes Cast: 4,080,207 votes (70.9972% of outstanding shares)
  • In Favor: 4,080,197 votes (99.9998% of votes polled)
  • Against: 10 votes (0.0002% of votes polled)
  • Promoter Voting: 4,066,659 votes (100% in favor)
  • Public Non-Institutions: 13,548 votes (99.9262% in favor)

Resolution 3: Re-appointment of Director

  • Type: Ordinary Resolution
  • Purpose: To appoint Mr. Ness N. Wadia (DIN: 00036049) who retires by rotation under Section 152(6) of Companies Act, 2013
  • Result: Approved with 99.99% votes in favor
  • Votes Cast: 4,080,207 votes (70.9972% of outstanding shares)
  • In Favor: 4,079,996 votes (99.9948% of votes polled)
  • Against: 211 votes (0.0052% of votes polled)
  • Promoter Voting: 4,066,659 votes (100% in favor)
  • Public Non-Institutions: 13,548 votes (98.4426% in favor, 1.5574% against)

Resolution 4: Commission to Non-Executive Directors

  • Type: Special Resolution
  • Purpose: Payment of Commission to Non-Executive Directors of the Company
  • Result: Approved with 99.72% votes in favor
  • Votes Cast: 4,080,207 votes (70.9972% of outstanding shares)
  • In Favor: 4,068,945 votes (99.7240% of votes polled)
  • Against: 11,262 votes (0.2760% of votes polled)
  • Promoter Voting: 4,066,659 votes (100% in favor)
  • Public Non-Institutions: 13,548 votes (16.8733% in favor, 83.1267% against)

Resolution 5: Appointment of Manager

  • Type: Special Resolution
  • Purpose: To appoint Mr. Deepak Kumar as Manager of the Company
  • Result: Approved with 99.73% votes in favor
  • Votes Cast: 4,080,207 votes (70.9972% of outstanding shares)
  • In Favor: 4,069,240 votes (99.7312% of votes polled)
  • Against: 10,967 votes (0.2688% of votes polled)
  • Promoter Voting: 4,066,659 votes (100% in favor)
  • Public Non-Institutions: 13,548 votes (19.0508% in favor, 80.9492% against)

Shareholding Pattern

  • Total Outstanding Shares: 5,747,000
  • Promoter and Promoter Group: 4,066,659 shares (70.74%)
  • Public Institutions: 101,570 shares (1.77%)
  • Public Non-Institutions: 1,578,771 shares (27.47%)