Meeting Details

The 31st Annual General Meeting was held on Thursday, September 24, 2026 at 11:00 A.M. (IST) through Video Conferencing/Other Audio-Visual Means without physical presence of members, in compliance with MCA Circulars.

Proposed Resolutions and Implications

Four ordinary resolutions were considered:

1. Adoption of Audited Standalone & Consolidated Financial Statements for the financial year ended March 31, 2026

2. Re-appointment of Mr. Sanjiv Prabhashankar Joshi as a Director liable to retire by rotation

3. Re-appointment of Mr. Kamesh Rahul Joshi as a Director liable to retire by rotation

4. Appointment of M/s. Nitin R. Joshi, Practicing Company Secretary as Secretarial Auditors and fixing their remuneration

Voting Process and Methods

The remote e-voting commenced on Monday, September 21, 2026 (09:00 a.m.) and concluded on Wednesday, September 23, 2026 (05:00 p.m.) through NSDL's e-voting system (www.evoting.nsdl.com). Members present at the AGM who had not cast remote e-votes could exercise voting rights through e-voting during the meeting.

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 25,884,623 shares
  • Votes in favor: 25,884,163 (99.99%)
  • Votes against: 460 (0.01%)
  • Invalid votes: 0

Resolution 2: Re-appointment of Sanjiv Prabhashankar Joshi

  • Total votes cast: 25,801,440 shares
  • Votes in favor: 25,800,869 (99.99%)
  • Votes against: 571 (0.01%)
  • Invalid votes: 0

Resolution 3: Re-appointment of Kamesh Rahul Joshi

  • Total votes cast: 23,323,083 shares (with 19,461,277 invalid votes due to related party)
  • Net valid votes: 3,861,806 shares
  • Votes in favor: 3,861,235 (99.99%)
  • Votes against: 571 (0.01%)

Resolution 4: Appointment of Secretarial Auditors

  • Total votes cast: 25,884,623 shares
  • Votes in favor: 25,884,052 (99.99%)
  • Votes against: 571 (0.01%)
  • Invalid votes: 0

Participation Breakdown

  • Record date: September 11, 2026
  • Total shareholders on record date: 21,269
  • Promoters & promoter group attended through VC: 5 members
  • Public shareholders attended through VC: 46 members

Scrutinizer's Role and Findings

Mr. Nitin Joshi, Company Secretary (Membership No. F3137) was appointed as scrutinizer by the Board of Directors on August 13, 2026. He scrutinized the entire voting process through NSDL's e-voting system and confirmed that all four ordinary resolutions passed with requisite majority. The scrutinizer's report was issued on September 24, 2026.

Compliance Confirmation

The meeting was conducted in compliance with SEBI (LODR) Regulations, 2015, Companies Act, 2013, and MCA Circulars permitting AGMs through video conferencing without physical presence.