Meeting Details

  • Date of Meeting: Wednesday, September 30, 2026
  • Time: 11:30 a.m. IST
  • Mode: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Record Date: September 19, 2026
  • Total Shareholders on Record Date: 29,142
  • Attendance: 1 Promoter/Promoter Group member and 48 Public shareholders attended via video conferencing
  • Scrutinizer: PCS Rupal Patel
  • Number of Resolutions Passed: 4 (Four)

Proposed Resolutions and Implications

Resolution No. 1: Ordinary Resolution

Description: Consideration and Adoption of the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon

Result: Passed with 99.9999% votes in favor (114,172,775 votes for, 70 against)

Resolution No. 2: Ordinary Resolution

Description: Approve and declare final dividend for the financial year 2025-26

Result: Passed with 99.9999% votes in favor (114,172,761 votes for, 84 against)

Resolution No. 3: Ordinary Resolution

Description: Re-appointment of Mrs. Pinki Nirmal Sagar (DIN: 08113318) as a Director (Executive), who retires by rotation and being eligible, offers herself for re-appointment

Result: Passed with 99.9999% votes in favor (114,172,761 votes for, 84 against)

Resolution No. 4: Special Resolution

Description: Approval for disposal of undertaking of the company under provisions of section 180(1)(a) of the Companies Act, 2013

Result: Passed with 99.9772% votes in favor (114,146,775 votes for, 26,070 against)

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting: Facilitated by National Securities Depository Limited (NSDL)
  • Voting Period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
  • Cut-off Date: September 19, 2026 (shareholders holding shares as of this date were eligible to vote)
  • E-voting at AGM: Members present at the AGM through VC who had not voted remotely were allowed to cast votes during the meeting

Key Voting Outcomes

Overall Participation

  • Total Outstanding Shares: 1,122,090,422
  • Total Votes Polled: 114,172,845 shares (10.1750% of outstanding shares)
  • Voting Method: Entire voting conducted through remote e-voting (0 votes through polling at AGM)

Category-wise Voting Breakdown

Resolution No. 1 (Financial Statements Adoption)
  • Promoter & Promoter Group: 109,028,750 votes (100% in favor, 0 against)
  • Public Institutions: 0 votes participated
  • Public Non-Institutions: 5,144,095 votes (99.9986% in favor, 0.0014% against)
Resolution No. 2 (Final Dividend Approval)
  • Promoter & Promoter Group: 109,028,750 votes (100% in favor, 0 against)
  • Public Institutions: 0 votes participated
  • Public Non-Institutions: 5,144,095 votes (99.9984% in favor, 0.0016% against)
Resolution No. 3 (Director Re-appointment)
  • Promoter & Promoter Group: 109,028,750 votes (100% in favor, 0 against)
  • Public Institutions: 0 votes participated
  • Public Non-Institutions: 5,144,095 votes (99.9984% in favor, 0.0016% against)
Resolution No. 4 (Disposal of Undertaking)
  • Promoter & Promoter Group: 109,028,750 votes (100% in favor, 0 against)
  • Public Institutions: 0 votes participated
  • Public Non-Institutions: 5,144,095 votes (99.4932% in favor, 0.5068% against)

Scrutinizer's Role and Findings

PCS Rupal Patel was appointed as Scrutinizer to scrutinize the voting process in pursuance of Section 108 of the Companies Act, 2013 read with relevant rules and SEBI LODR Regulations. The scrutinizer:

  • Verified the remote e-voting process conducted through NSDL
  • Confirmed that shareholders who voted remotely were blocked from voting again at the AGM
  • Reviewed voting data downloaded from the NSDL e-voting system
  • Found no invalid votes across all four resolutions
  • Certified that all resolutions were passed with requisite majority

Compliance Confirmation

The document confirms compliance with:

  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of the Companies Act, 2013
  • Rule 20 of Companies (Management & Administration) Rules 2014 as substituted by the Companies (Management & Administration) Rules 2015