Meeting Details
- Meeting Type: 19th Annual General Meeting (AGM)
- Date: Tuesday, September 29, 2026
- Time: 3:00 PM to 3:21 PM IST
- Mode: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
- Cut-off Date: Tuesday, September 22, 2026 (for determining voting entitlements)
Proposed Resolutions and Implications
The AGM considered three ordinary resolutions:
1. Item No. 1: To receive, consider and adopt:
- The Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors
- The Audited Consolidated Financial Statements for FY ended March 31, 2026 with Report of Auditors
2. Item No. 2: To appoint a director in place of Mr. Pandoo Naig (DIN: 00158221), who retires by rotation and offers himself for re-appointment
3. Item No. 3: To declare final dividend of 0.10% (i.e. ₹0.01 per equity share on face value of ₹10/- each) for FY ended March 31, 2026
Voting Process and Methods
- Remote e-voting period: September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
- Service provider: Central Depository Services (India) Limited (CDSL)
- Additional voting: Remote e-voting facility was also provided during the AGM for shareholders who hadn't voted earlier
- Vote unblocking: Votes were unblocked on September 29, 2026 at 3:41 PM in presence of two independent witnesses (Ms. Anjali Gupta and Mr. Preshit Gawas)
Key Voting Outcomes
Resolution 1: Adoption of Financial Statements
- Total votes cast: 91 members representing 10,386,320 shares
- In favor: 89 members (10,386,250 shares) - 100.00%
- Against: 2 members (70 shares) - 0.00%
- Invalid/Abstained: 0
Resolution 2: Re-appointment of Director
- Total votes cast: 89 members representing 660,854 shares
- In favor: 87 members (660,784 shares) - 99.99%
- Against: 2 members (70 shares) - 0.01%
- Invalid/Abstained: 0
Resolution 3: Dividend Declaration
- Total votes cast: 91 members representing 10,386,320 shares
- In favor: 89 members (10,386,250 shares) - 100.00%
- Against: 2 members (70 shares) - 0.00%
- Invalid/Abstained: 0
Shareholder Category Breakdown (from XBRL data)
Total Share Capital: 37,360,000 shares
Resolution 1 Breakdown:
- Promoter & Promoter Group: 9,725,466 shares voted (100% of holdings) - 100% in favor
- Public Institutions: 700 shares eligible - 0 voted (0%)
- Public Non-Institutions: 27,633,834 shares eligible - 660,772 shares voted (2.39% of holdings) - 99.99% in favor, 0.01% against
Resolution 2 Breakdown:
- Promoter & Promoter Group: 0 shares voted (0% of holdings)
- Public Institutions: 700 shares eligible - 0 voted (0%)
- Public Non-Institutions: 27,633,834 shares eligible - 660,772 shares voted (2.39% of holdings) - 99.99% in favor, 0.01% against
Resolution 3 Breakdown:
- Promoter & Promoter Group: 9,725,466 shares voted (100% of holdings) - 100% in favor
- Public Institutions: 700 shares eligible - 0 voted (0%)
- Public Non-Institutions: 27,633,834 shares eligible - 660,772 shares voted (2.39% of holdings) - 99.99% in favor, 0.01% against
Scrutinizer's Role and Findings
- Scrutinizer: Mukesh Siroya, Proprietor of M Siroya and Company, Practicing Company Secretaries
- Appointment date: September 2, 2026
- Qualifications: FCS 5682; CP No. 4157; Firm Registration No.: S2003MH061300
- Responsibilities: Scrutinizing remote e-voting process before and during AGM, ascertaining requisite majority
- Conclusion: All three ordinary resolutions passed with requisite majority
- Records: Electronic voting data will be handed over to Company Secretary for preservation after minutes approval
Compliance Confirmation
The voting process complied with:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Companies Act, 2013
- Companies (Management and Administration) Rules, 2014
- MCA and SEBI circulars regarding electronic communication
Additional Information
- Annual Report and AGM Notice were sent electronically to members with registered email addresses