Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

  • Meeting Type: 55th Annual General Meeting (AGM)
  • Date: Thursday, 24th September, 2026
  • Time: 11:00 a.m.
  • Mode: Conducted through Video Conference ('VC')/ Other Audio Visual Means ('OAVM')
  • Record Date: 17th September, 2026 (Thursday)
  • Total Shareholders on Record Date: 26,488

Voting Process and Methods

  • Remote e-voting period: Commenced on 21st September, 2026 (Monday) at 9:00 a.m. and ended on 23rd September, 2026 (Wednesday) at 5:00 p.m.
  • Platform: Central Depository Services (India) Limited (CDSL) e-voting platform
  • AGM e-voting: Facility provided for voting at the AGM for members who had not cast votes via remote e-voting
  • Scrutinizer: Dipti Gohil (M. No.: 14736, CP No.: 11029, P. R No: 2022/2026)
  • Vote unblocking: Conducted in presence of two witnesses - Mrs. Amruta Sohoni and Ms. Shruhita Rane

Resolution Details and Voting Outcomes

Item No. 1 - Ordinary Resolution: Adoption of Financial Statements

Subject: To receive, consider and adopt the Audited Standalone Financial Statements of the Company (including Consolidated Financial Statements) for the Financial Year ended 31st March, 2026, together with the Reports of the Board of Directors and the Auditors thereon.

Voting Results:

  • Total valid votes cast: 69,627,490
  • Votes in favor: 69,625,906 (99.997%)
  • Votes against: 1,584 (0.003%)
  • Invalid/Abstain: 0

Status: PASSED with requisite majority

Item No. 2 - Ordinary Resolution: Dividend Declaration

Subject: To declare a dividend of 35% i.e. Re. 0.35/- (Thirty-Five paise) per Equity Share of the face value of Re. 1/- each, for the Financial Year ended 31st March, 2026.

Voting Results:

  • Total valid votes cast: 69,630,563
  • Votes in favor: 69,628,979 (99.998%)
  • Votes against: 1,584 (0.002%)
  • Invalid/Abstain: 0

Status: PASSED with requisite majority

Item No. 3 - Ordinary Resolution: Director Re-appointment

Subject: To appoint a Director in place of Mr. Manubhai Rathod, Director (DIN: 07618837), who retires by rotation and being eligible, offers himself for re-appointment.

Voting Results:

  • Total valid votes cast: 69,620,563
  • Votes in favor: 69,617,969 (99.996%)
  • Votes against: 2,594 (0.004%)
  • Invalid/Abstain: 10,000 (votes cast by Interested Director, treated as invalid/abstained)

Status: PASSED with requisite majority

Item No. 4 - Ordinary Resolution: Related Party Transactions

Subject: To approve existing as well as new Material Related Party Transaction(s) with Bombay Minerals Limited.

Voting Results:

  • Total valid votes cast: 273,364
  • Votes in favor: 271,778 (99.420%)
  • Votes against: 1,584 (0.580%)
  • Invalid/Abstain: 28,410,752 (votes cast by Promoters/Directors/KMP, treated as invalid/abstained)

Status: PASSED with requisite majority

Item No. 5 - Ordinary Resolution: Cost Auditor's Remuneration

Subject: Ratification of Cost Auditor's Remuneration

Voting Results:

  • Total valid votes cast: 69,630,563
  • Votes in favor: 69,627,979 (99.999%)
  • Votes against: 2,584 (0.001%)
  • Invalid/Abstain: 0

Status: PASSED with requisite majority

Shareholder Participation Breakdown

  • Promoters and Promoter Group shares held: 76,443,765
  • Public Institution shares held: 16,058,203
  • Public Non-Institution shares held: 27,137,232
  • Total outstanding shares: 119,639,200

Meeting Attendance:

  • Promoters and Promoter group attending through video conferencing: 3
  • Public attending through video conferencing: 37
  • No shareholders present in person or through proxy

Compliance and Signatories

Scrutinizer: Dipti Gohil confirmed proper conduct of voting process and verification of results in accordance with Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014.

Company Signatory: Krupal R Upadhyay, Company Secretary & Compliance Officer (Membership No. A50301) signed the submission to stock exchanges.

UDIN: A014736H001588132 (for scrutinizer's report)

All resolutions were passed with the requisite majority as required under the Companies Act, 2013 and SEBI Listing Regulations.