Scrutinizer's Report for 91st Annual General Meeting
Meeting Details
- Meeting Type: 91st Annual General Meeting (AGM)
- Date: Friday, 21st August 2026
- Time: 11:00 a.m.
- Location: 21, Strand Road, Kolkata - 700001
Proposed Resolutions and Implications
The AGM considered six resolutions:
1. Ordinary Resolution: To receive, consider and adopt the Annual Audited Financial Statements for the year ended 31st March 2026 with Reports of Board of Directors and Auditors.
2. Ordinary Resolution: To declare Dividend on Equity Shares for the financial year ended 31st March 2026.
3. Special Resolution: To appoint Shri Bankat Lal Gaggar (DIN: 00404123) as Director who retires by rotation.
4. Special Resolution: To appoint Shri Jagdish Prasad Mundra (DIN: 00630475) as Director who retires by rotation.
5. Ordinary Resolution: To fix remuneration of Statutory Auditors M/s. R Kothari and Co LLP, Chartered Accountants (Firm Registration No. 307069E) for FY ending 31st March 2027.
6. Special Resolution: To re-appoint Shri Sundrapandiyapuram Pichumani Kumar as Manager and Chief Financial Officer.
Voting Process and Methods
The voting was conducted through:
- Remote e-voting facilitated by Central Depository Services (India) Limited (CDSL) through www.evotingindia.com
- Physical ballot/poll at the AGM venue
- The e-voting system remained blocked until the end of the voting period, and the ballot box was locked until AGM completion
Key Voting Outcomes
Overall Participation:
- 73 folios cast votes representing 2,457,229 shares
Resolution-wise Results:
Resolution 1 (Ordinary - Financial Statements):
- Total valid votes: 2,457,229 shares
- Votes in favor: 2,457,216 shares (99.99%)
- Votes against: 13 shares (0.01%)
- Abstained/Invalid: 0 shares
Resolution 2 (Ordinary - Dividend Declaration):
- Total valid votes: 2,457,229 shares
- Votes in favor: 2,457,216 shares (99.99%)
- Votes against: 13 shares (0.01%)
- Abstained/Invalid: 0 shares
Resolution 3 (Special - Director Appointment: Bankat Lal Gaggar):
- Total valid votes: 2,457,227 shares
- Votes in favor: 2,457,214 shares (99.99%)
- Votes against: 2 shares (0.00%)
- Abstained/Invalid: 0 shares
Resolution 4 (Special - Director Appointment: Jagdish Prasad Mundra):
- Total valid votes: 2,457,227 shares
- Votes in favor: 2,457,214 shares (99.99%)
- Votes against: 2 shares (0.00%)
- Abstained/Invalid: 0 shares
Resolution 5 (Ordinary - Auditor Remuneration):
- Total valid votes: 2,457,229 shares
- Votes in favor: 2,457,216 shares (99.99%)
- Votes against: 13 shares (0.01%)
- Abstained/Invalid: 0 shares
Resolution 6 (Special - CFO Reappointment):
- Total valid votes: 2,457,227 shares
- Votes in favor: 2,457,214 shares (99.99%)
- Votes against: 2 shares (0.00%)
- Abstained/Invalid: 0 shares
All resolutions were passed with the requisite majority.
Scrutinizer's Role and Findings
- Scrutinizer: Rohit Kumarr Mundhra, Chartered Accountant (Partner at ASRM & Co., Firm Reg No. 328024E, Membership No. 067469)
- The scrutinizer unblocked e-votes and opened the ballot box after the AGM conclusion in the presence of two witnesses not employed by the company
- Votes were scrutinized based on validity, shareholding as of cut-off date, and vote direction (for/against)
- The scrutinizer maintains registers received from the service provider and will hand over all relevant records after confirmation of minutes signing by the Chairman
Compliance Confirmation
The voting process complied with:
- Section 108 of the Companies Act, 2013
- Rule 20 of the Companies (Management and Administration) Rules, 2014
- Companies (Management and Administration) Amended Rules, 2015
- Regulation 44 of the SEBI (LODR) Regulations, 2015