Meeting Details

The 67th Annual General Meeting was held on Monday, 27 July 2026 at 3:30 p.m. (IST) through video conference in accordance with provisions of the Companies Act, 2013 and circulars issued by MCA and SEBI.

Resolutions Passed

All seven resolutions were passed with requisite majority:

Resolution 1: Ordinary Resolution

To receive, consider, and adopt the audited Standalone financial statements for the financial year ended 31 March 2026 and reports of Board of Directors and statutory auditors.

  • Voting Results: 52994944 votes in favor (100%), 2 votes against (0%)

Resolution 2: Ordinary Resolution

To receive, consider, and adopt the audited Consolidated financial statements for the financial year ended 31 March 2026 and reports of statutory auditors.

  • Voting Results: 52994944 votes in favor (100%), 2 votes against (0%)

Resolution 3: Ordinary Resolution

To declare a dividend of ₹7.00 per equity share (350%) of face value ₹2/- each for financial year ended 31 March 2026.

  • Voting Results: 52994944 votes in favor (100%), 2 votes against (0%)

Resolution 4: Special Resolution

To appoint Mrs. Sudha S. Patel (DIN: 00187055) as Director who retires by rotation and is eligible for re-appointment.

  • Voting Results: 52924827 votes in favor (99.8434%), 82994 votes against (0.1566%)

Resolution 5: Ordinary Resolution

Appointment of Mr. Rajesh G. Upadhyay (DIN: 10963113) as a Director of the Company.

  • Voting Results: 52995986 votes in favor (99.9777%), 11835 votes against (0.0223%)

Resolution 6: Ordinary Resolution

Appointment of Mr. Rajesh G. Upadhyay (DIN: 10963113) as Whole-time Director designated as Executive Director (Commercial & Operations).

  • Voting Results: 53002345 votes in favor (99.9897%), 5476 votes against (0.0103%)

Resolution 7: Ordinary Resolution

Ratification of Cost Auditors' remuneration for the financial year ending 31 March 2027.

  • Voting Results: 53007819 votes in favor (100%), 2 votes against (0%)

Voting Process Details

  • Remote e-voting period: Thursday, 23 July 2026 (9:00 AM IST) to Sunday, 26 July 2026 (5:00 PM IST)
  • Cut-off date for voting rights: Monday, 20 July 2026
  • Total number of shareholders on record date: 48,397
  • Number of shareholders who voted: 217 (216 in favor across most resolutions)
  • Total votes cast: 52,994,946
  • Voting agency: NSDL (www.evoting.nsdl.com)

Scrutinizer Appointment

Neeta H. Desai (ND & Associates), Practising Company Secretary, was appointed as scrutinizer for remote e-voting and e-voting during the AGM.

Document Availability

The voting results and scrutinizer's report are available on the Company's website (www.nesco.in), exchange websites (www.bseindia.com, www.nseindia.com), and the e-voting agency website (www.evoting.nsdl.com).