Meeting Details

  • Date of Meeting: Wednesday, September 23, 2026
  • Time: Commenced at 3:00 P.M. (IST) and concluded at 3:20 P.M. (IST)
  • Location/Type: Held through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • Record Date Shareholders: 89,446

Shareholder Participation

  • Shareholders present in person or through proxy: NIL
  • Shareholders attended through VC/OAVM: 39
  • Promoters and Promoter Group: 13
  • Public: 26

Proposed Resolutions and Implications

Two ordinary resolutions were proposed and passed:

1. Agenda No. 1: To receive, consider and adopt Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the reports of the Board and Auditors thereon.

2. Agenda No. 2: To appoint a director in place of Mr. Umesh Navnitlal Shah (DIN:00111751), who retires by rotation, and being eligible, offers himself for reappointment.

Voting Process and Methods

The voting was conducted via:

  • Remote e-voting prior to the meeting, which concluded on Tuesday, September 22, 2026 at 5:00 P.M. IST.
  • Electronic voting (e-voting) during the AGM for members present through VC/OAVM who had not participated in remote e-voting.

The e-voting facility was provided by National Securities Depository Limited (NSDL).

Key Voting Outcomes

Agenda No. 1

  • Total votes cast: 32,464,070 (70.8731% of outstanding shares)
  • Votes in favour: 32,463,951 (99.9996% of votes cast)
  • Votes against: 119 (0.0003% of votes cast)

Category-wise Breakdown:

  • Promoter and Promoter Group: 32,352,606 votes cast (99.9608% of shares held). 100% in favour.
  • Public Institutions: 0 votes cast.
  • Public Non-Institutions: 111,464 votes cast (0.8296% of shares held). 111,345 in favour (99.8932%), 119 against (0.1068%).

Agenda No. 2

  • Total votes cast: 32,464,070 (70.87309% of outstanding shares)
  • Votes in favour: 32,463,535 (99.9983% of votes cast)
  • Votes against: 535 (0.0016% of votes cast)

Category-wise Breakdown:

  • Promoter and Promoter Group: 32,352,606 votes cast (99.9608% of shares held). 100% in favour.
  • Public Institutions: 0 votes cast.
  • Public Non-Institutions: 111,464 votes cast (0.8295% of shares held). 110,929 in favour (99.5200%), 535 against (0.4799%).

Scrutinizer's Role and Findings

  • Scrutinizer: M/s Alwyn D'Souza & Co., Practising Company Secretary (Firm Registration No: S2003MH061200)
  • Report Date: September 24, 2026
  • Legal Basis: Appointment pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014.
  • Process: The votes were unblocked from the NSDL e-voting website (https://www.evoting.nsdl.com/) on September 23, 2026, at approximately 3:35 P.M. in the presence of two independent witnesses: Mr. Edlon Dsouza and Mr. Krishnakant Adagale.
  • Finding: The scrutinizer confirmed that all resolutions were passed with the requisite majority. There were no invalid votes.

Compliance Confirmation

The document confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulation 44)
  • Companies Act, 2013 (Section 108)
  • Companies (Management and Administration) Rules, 2014 (Rule 20)
  • MCA circulars permitting AGMs via VC/OAVM (referencing the latest circular dated September 22, 2025)
  • The Notice of AGM and Annual Report for FY 2025-26 were sent electronically to members whose email addresses were registered.