Meeting Details

  • Type of Meeting: 37th Annual General Meeting
  • Date and Time: Monday, July 27, 2026 at 10:00 AM IST
  • Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Deemed Venue: 33-35, Thyagraj Nagar Market, Delhi, India, 110003

Proposed Resolutions and Implications

The AGM considered four resolutions:

1. Ordinary Resolution: Adoption of Financial Statements (Standalone and Consolidated) as on March 31, 2026

2. Ordinary Resolution: Declaration of Final Dividend of ₹12.50 per equity share for FY2025-26

3. Ordinary Resolution: Re-appointment of Mr. Parag Bhise (DIN: 08719754) as Director retiring by rotation

4. Special Resolution: Re-appointment of Mr. Vishnu R Dusad (DIN: 00008412) as Managing Director

Voting Process and Methods

The voting was conducted through two methods:

  • Remote e-voting: Managed by KFin Technologies Limited from July 22, 2026 (9:00 AM IST) to July 26, 2026 (5:00 PM IST)
  • E-voting at AGM: Conducted during the meeting on July 27, 2026

Key Voting Outcomes

Overall Participation

  • Total Votes Cast: 15,633,380 votes
  • Percentage of Paid-up Capital: 59.3854%

Resolution-wise Results

Item 1 - Adoption of Financial Statements

  • Total Votes: 15,633,380
  • In Favor: 15,601,631 votes (99.9994%)
  • Against: 87 votes (0.0006%)
  • Invalid Votes: 31,662

Item 2 - Final Dividend Declaration

  • Total Votes: 15,633,380
  • In Favor: 15,633,356 votes (99.9998%)
  • Against: 24 votes (0.0002%)
  • Invalid Votes: 0

Item 3 - Re-appointment of Mr. Parag Bhise

  • Total Votes: 15,633,380
  • In Favor: 15,631,222 votes (99.9862%)
  • Against: 2,158 votes (0.0138%)
  • Invalid Votes: 0

Item 4 - Re-appointment of Mr. Vishnu R Dusad

  • Total Votes: 15,633,380
  • In Favor: 15,633,284 votes (99.9994%)
  • Against: 96 votes (0.0006%)
  • Invalid Votes: 0

Scrutinizer's Role and Findings

  • Scrutinizer: Pravesh Kumar & Associates, Practicing Company Secretaries
  • Responsibilities: Ensured fair and transparent voting process, verified remote e-voting and e-voting results
  • Findings: All four resolutions were passed with requisite majority
  • Counting Process: Votes were unblocked on July 27, 2026 at 10:45 AM in presence of two independent witnesses (Mr. Rahul Kumar and Mr. Pawan Sharma)

Compliance with Regulations

The meeting complied with:

  • Companies Act, 2013 and relevant rules
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA circulars for conducting meetings through VC/OAVM
  • Notice was published in Financial Express (English) and Jansatta (Hindi) newspapers
  • Notice was dispatched to 39,400 members via email and hosted on company website

Additional Information

  • Cut-off Date for Voting Rights: July 20, 2026
  • Registrar and Share Transfer Agent: KFin Technologies Limited
  • Depositories: National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL)
  • Scrutinizer's ICSI Unique Code: S2024DE976000
  • Scrutinizer's UDIN: A060671H000943520