Meeting Details

  • Meeting Type: 46th Annual General Meeting (AGM)
  • Meeting Date: Tuesday, September 29, 2026
  • Meeting Time: 3:00 PM to 3:45 PM IST
  • Meeting Mode: Video Conferencing (VC) conducted in accordance with MCA and SEBI circulars
  • Record Date: Tuesday, September 22, 2026

Proposed Resolutions and Implications

The AGM considered seven resolutions:

Ordinary Business:

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

2. Re-appointment of Mrs. Aruna Oswal (DIN: 00988524) who retires by rotation

Special Business:

3. Regularisation of appointment of M/s. BGMG & Associates, Chartered Accountants, as Statutory Auditors to fill casual vacancy

4. Appointment of Mr. Shael Oswal (DIN: 00256956) as Managing Director & Vice Chairperson and approval of remuneration

5. Appointment of M/s Anuj Gupta & Associates, Practising Company Secretaries, as Secretarial Auditor to fill casual vacancy

6. Appointment of M/s Anuj Gupta & Associates as Secretarial Auditor for 5 consecutive financial years

7. Authority to Board to fix auditors' remuneration

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting via NSDL platform from September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
  • E-voting facility at the AGM for shareholders who hadn't voted during remote e-voting period
  • Newspaper advertisements in Nawan Zamana (Punjabi Daily) and Mint (English Daily) on September 5, 2026
  • Notice sent electronically to members on September 4, 2026

Key Voting Outcomes

Overall Participation:

  • Total shareholders on record date: 185,373
  • Total votes cast: 74,927,435 shares (55.82% of outstanding shares)
  • Shareholder attendance: 3 Promoters and 66 Public shareholders via VC

Resolution-wise Results:

1. Financial Statements Adoption:

  • Total valid votes: 74,925,415 (99.99%)
  • Votes in favor: 74,925,415 (100%)
  • Votes against: 2,020 (0.01%)
  • Invalid votes: 0

2. Re-appointment of Aruna Oswal:

  • Total valid votes: 74,924,735 (99.99%)
  • Votes in favor: 74,924,735 (99.99%)
  • Votes against: 3,848 (0.01%)
  • Invalid votes: 0

3. Regularisation of Statutory Auditor:

  • Total valid votes: 74,925,340 (99.99%)
  • Votes in favor: 74,925,340 (99.99%)
  • Votes against: 2,095 (0.01%)
  • Invalid votes: 0

4. Appointment of Shael Oswal as MD:

  • Total valid votes: 74,926,132 (99.99%)
  • Votes in favor: 74,926,132 (99.99%)
  • Votes against: 2,451 (0.01%)
  • Invalid votes: 0

5. Secretarial Auditor Appointment (Casual Vacancy):

  • Total valid votes: 74,926,132 (99.99%)
  • Votes in favor: 74,926,132 (99.99%)
  • Votes against: 2,451 (0.01%)
  • Invalid votes: 0

6. Secretarial Auditor Appointment (5 Years):

  • Total valid votes: 74,926,132 (99.99%)
  • Votes in favor: 74,926,132 (99.99%)
  • Votes against: 2,451 (0.01%)
  • Invalid votes: 0

7. Board Authority for Auditor Remuneration:

  • Total valid votes: 5,516,200 (99.93%)
  • Votes in favor: 5,516,200 (99.93%)
  • Votes against: 3,814 (0.07%)
  • Invalid votes: 69,408,569

Category-wise Breakdown (Resolution 1 as example):

  • Promoter & Promoter Group: 69,408,569 votes cast (99.71% of holdings), 100% in favor
  • Public Institutions: 1,167 votes cast (0.87% of holdings), 100% in favor
  • Public Non-Institutions: 5,517,699 votes cast (8.56% of holdings), 99.96% in favor, 0.04% against

Scrutinizer's Role and Findings

  • Name: Anuj Gupta of Anuj Gupta & Associates (FRN: S2015DE314800)
  • Appointment Date: August 24, 2026, by Board of Directors
  • Qualifications: Company Secretary (ACS No.: A31025, COP No.: 13025)
  • Responsibilities: Scrutinize remote e-voting and e-voting at AGM per Section 108 of Companies Act, 2013
  • Process: Votes unblocked on September 29, 2026, in presence of witnesses Ms. Shalu Joseph and Mr. Mayank Gupta
  • Conclusion: All resolutions passed with requisite majority
  • Report Date: October 1, 2026

Compliance Confirmation

The document confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and Rules thereunder
  • MCA and SEBI circulars for conducting AGM through VC/OAVM

Additional Information

  • Company Address: 7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi-110 001
  • Contact: +91-11-23715242, 23322980, 23753652, 23715225