Meeting Details

The 10th Annual General Meeting was held on Tuesday, July 28, 2026, at 11:30 A.M. IST through Video Conferencing/Other Audio Visual Means. The meeting commenced at 11:30 A.M. IST.

Proposed Resolutions and Implications

Four resolutions were proposed and voted upon:

Ordinary Business:

1. To receive, consider and adopt the Standalone Financial Statements for FY ended March 31, 2026, Reports of Board of Directors and Auditors, and Consolidated Financial Statements with Auditor's Report

2. To appoint Mr. Rajinder Sharma (DIN: 00317133) as Director who retires by rotation

Special Business:

3. Reappointment of Mr. Saurabh Goyal (DIN: 00136037) as Managing Director for three years

4. Appointment of Ms. Smita Goyal (DIN: 08929179) as Whole-time Director

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting facilitated by Central Depository Services (India) Limited (CDSL) from July 25, 2026 (9:00 A.M.) to July 27, 2026 (5:00 P.M.)
  • E-voting during the meeting for members who had not cast votes through remote e-voting

The record date was set as July 21, 2026, with 34,178 shareholders on record.

Key Voting Outcomes

Overall Participation:

  • Total outstanding shares: 9,541,920
  • Total votes cast: 6,502,150 shares (68.1430% participation)
  • 68 members participated in voting

Resolution-wise Results:

Resolution 1 (Ordinary - Financial Statements):

  • Total votes: 6,502,150 shares
  • Votes in favor: 6,501,983 shares (99.9974%)
  • Votes against: 167 shares (0.0026%)
  • Invalid votes: 0

Resolution 2 (Ordinary - Director Appointment):

  • Total votes: 6,502,150 shares
  • Votes in favor: 6,501,983 shares (99.9974%)
  • Votes against: 167 shares (0.0026%)
  • Invalid votes: 0

Resolution 3 (Special - MD Reappointment):

  • Total votes: 4,974 shares (0.0521% participation)
  • Votes in favor: 4,807 shares (96.6425%)
  • Votes against: 167 shares (3.3575%)
  • Invalid votes: 0

Resolution 4 (Special - Whole-time Director):

  • Total votes: 4,974 shares (0.0521% participation)
  • Votes in favor: 4,807 shares (96.6425%)
  • Votes against: 167 shares (3.3575%)
  • Invalid votes: 0

Category-wise Breakdown:

Promoter & Promoter Group (6,497,176 shares):

  • 100% participation through e-voting
  • 100% votes in favor for all resolutions
  • 0 votes against

Public-Institutions (31,950 shares):

  • 2,721 votes cast (8.5164% participation)
  • 100% votes in favor for all resolutions
  • 0 votes against

Public-Non Institutions (3,012,794 shares):

  • 2,253 votes cast (0.0748% participation)
  • 2,086 votes in favor (92.5877%)
  • 167 votes against (7.4123%)

Scrutinizer's Role and Findings

Prince Chadha of P. Chadha & Associates was appointed as Scrutinizer to scrutinize the e-voting process. The scrutinizer confirmed:

  • The voting process was conducted in a fair and transparent manner
  • Results were unblocked on July 28, 2026, in the presence of two witnesses
  • All electronic data and records are under safe custody
  • No invalid votes were cast in any resolution

The scrutinizer's consolidated report showed member-wise voting patterns:

  • Resolution 1: 65 members voted in favor (6,501,983 shares), 3 members voted against (167 shares)
  • Resolution 2: 65 members voted in favor (6,501,983 shares), 3 members voted against (167 shares)
  • Resolution 3: 63 members voted in favor (4,807 shares), 3 members voted against (167 shares)
  • Resolution 4: 63 members voted in favor (4,807 shares), 3 members voted against (167 shares)

Compliance Confirmation

The document confirms compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars and SEBI Circulars regarding e-voting and virtual meetings