Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Meeting Details
- Date of Meeting: Wednesday, September 16, 2026
- Time of Meeting: 11:00 AM
- Location: Corporate office of the Company at A-1, 3rd Floor, CG Elite Complex, Opposite Mandi Gate, Pandri, Raipur (C.G.)- 492001
- Type of Meeting: 31st Annual General Meeting
Summary of Proposed Resolutions
The AGM considered and voted on six resolutions:
1. Item No. 1 (Ordinary Resolution): Adoption of Audited Standalone & Consolidated Financial Statements for the year ended March 31, 2026
- Promoter interest: No
2. Item No. 2 (Ordinary Resolution): Appointment of Mrs. Shakuntala Devi Agrawal (DIN: 01540586) as Director who retires by rotation
- Promoter interest: Yes
3. Item No. 3 (Ordinary Resolution): Payment of Commission to Mrs. Shakuntala Devi Agrawal (DIN: 01540586), Non-Executive Director
- Promoter interest: Yes
4. Item No. 4 (Special Resolution): Re-appointment of Mr. Ashish Dakalia (DIN: 09201624) as Independent Director for a second term of five consecutive years
- Promoter interest: No
5. Item No. 5 (Special Resolution): Enhancement of Borrowing Limits under Section 180(1)(c) of the Companies Act, 2013
- Promoter interest: No
6. Item No. 6 (Special Resolution): Creation of Charges, Mortgages and Hypothecation on Assets under Section 180(1)(a) of the Companies Act, 2013
- Promoter interest: No
Voting Process and Methods
The voting process utilized two methods:
Remote E-voting:
- Service Provider: Central Depository Services Limited (CDSL)
- Voting period: September 11, 2026 (11:00 AM) to September 15, 2026 (05:00 PM)
- Cut-off date for eligibility: September 9, 2026
- Voting platform: www.evotingindia.com
Physical Voting at AGM:
- Voting by ballot paper for members physically present
- Ballot boxes were locked with identification marks and opened in the presence of the scrutinizer and two witnesses
Key Voting Outcomes
Overall Participation:
- Total shareholders on record date: 4,961
- Shareholders present in meeting (person or proxy): 20
- Total votes cast: 15,341,948 shares (72.77% of outstanding 21,082,790 shares)
- No invalid votes recorded
Resolution-wise Results:
1. Financial Statements Adoption:
- Total votes FOR: 15,341,948 (100%)
- Votes AGAINST: 0 (0%)
- Result: Passed
2. Director Re-appointment (Shakuntala Devi Agrawal):
- Total votes FOR: 15,341,948 (100%)
- Votes AGAINST: 0 (0%)
- Result: Passed
3. Director Commission Payment:
- Total votes FOR: 15,341,946 (99.999%)
- Votes AGAINST: 2 (0.000%)
- Result: Passed
4. Independent Director Re-appointment (Ashish Dakalia):
- Total votes FOR: 15,341,946 (99.999%)
- Votes AGAINST: 2 (0.000%)
- Result: Passed
5. Borrowing Limits Enhancement:
- Total votes FOR: 15,341,946 (99.999%)
- Votes AGAINST: 2 (0.000%)
- Result: Passed
6. Creation of Charges on Assets:
- Total votes FOR: 15,341,946 (99.999%)
- Votes AGAINST: 2 (0.000%)
- Result: Passed
Category-wise Breakdown:
- Promoter & Promoter Group: Held 15,565,935 shares, voted 15,258,663 shares (98.02% participation)
- Public Institutions: Held 0 shares, voted 0 shares
- Public Non-Institutions: Held 5,516,855 shares, voted 83,285 shares (1.50% participation)
Scrutinizer's Role and Findings
M/s Anil Agrawal & Associates, Practising Company Secretaries, Raipur was appointed as Scrutinizer. CS Jatin Lakhisarani (FCS No.: 11167, CP No.: 17354) conducted the scrutiny and compiled details of both remote e-voting and physical voting. The scrutinizer confirmed maintaining electronic data from CDSL and physical ballot papers, which will be handed over to the Company Secretary for safe keeping.
Compliance Confirmation
The document confirms compliance with:
- Section 108 of the Companies Act, 2013
- Rule 21(2) of the Companies (Management and Administration) Rules, 2014
- Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015