Meeting Details

  • Date: Tuesday, 29th September 2026
  • Time: Commenced at 10:30 a.m. IST and concluded at 11:20 a.m. IST
  • Type: Annual General Meeting (AGM)
  • Location: Conducted through Video Conferencing / Other Audio-Visual Means. The deemed venue was the Registered Office at 312, Plaza Kalpana Society, B-49, Birhana Road, Kanpur, Uttar Pradesh – 208001, India.

Summary of Resolutions and Implications

Six resolutions were proposed and all were passed:

1. Ordinary Resolution: To receive, consider and adopt the Audited Standalone Financial Statements for FY ended March 31, 2026, with Reports of the Board and Auditors.

2. Ordinary Resolution: To receive, consider and adopt the Audited Consolidated Financial Statements for FY ended March 31, 2026, with the Report of the Auditors.

3. Ordinary Resolution: To reappoint Mr. Gautam Ghosh (DIN: 10371300) as a Director retiring by rotation.

4. Ordinary Resolution: To reappoint Mr. Himanshu Kapoor (DIN: 07926807) as a Director retiring by rotation.

5. Special Resolution: To alter the Articles of Association by inserting provisions relating to an Observer and a Nominee Director.

6. Special Resolution: To approve a clarification to the objects of a preferential issue of equity shares and fully convertible warrants, which was previously approved by members on May 05, 2026.

Voting Process and Methods

The voting was conducted via two methods:

1. Remote E-Voting: Managed by National Securities Depository Limited (NSDL). The voting window was open from Saturday, 26th September 2026 (9:00 a.m. IST) to Monday, 28th September 2026 (5:00 p.m. IST).

2. E-Voting at the AGM: Facility was available for members attending the AGM via video conference. No votes were cast using this method.

The cut-off date for determining shareholder eligibility was Wednesday, 23rd September 2026. The total number of shareholders on this date was 38,616.

Key Voting Outcomes

Attendance

  • 56 members attended the meeting through Video Conferencing (5 from Promoter/Promoter Group, 51 from Public).
  • No shareholders were present in person or by proxy.

Resolution-wise Voting Results (Combined Remote E-Voting and AGM E-Voting)

Overall Turnout: 45.96% of total outstanding shares voted (2,19,06,481 votes out of 4,76,68,100 shares).

  • Resolution 1 (Ordinary - Standalone Results): Passed. 2,19,06,251 votes in favour (99.9990%) vs. 230 against (0.0010%). Invalid votes: Nil.
  • Resolution 2 (Ordinary - Consolidated Results): Passed. 2,19,05,319 votes in favour (99.9947%) vs. 1,162 against (0.0053%). Invalid votes: Nil.
  • Resolution 3 (Ordinary - Reappointment of Mr. Gautam Ghosh): Passed. 2,18,95,451 votes in favour (99.9496%) vs. 11,030 against (0.0504%). Invalid votes: Nil.
  • Resolution 4 (Ordinary - Reappointment of Mr. Himanshu Kapoor): Passed. 2,18,95,101 votes in favour (99.9496%) vs. 11,030 against (0.0504%). Invalid votes: Nil.
  • Resolution 5 (Special - AOA Alteration): Passed. 2,18,95,001 votes in favour (99.9496%) vs. 11,030 against (0.0504%). The votes in favour were more than three times the votes against, meeting the special resolution threshold. Invalid votes: Nil.
  • Resolution 6 (Special - Preferential Issue Clarification): Passed. 2,19,05,526 votes in favour (99.9968%) vs. 705 against (0.0032%). The votes in favour were more than three times the votes against, meeting the special resolution threshold. Invalid votes: Nil.

Participation by Shareholder Category

  • Promoter & Promoter Group: Held 1,87,20,271 shares. 99.77% participation (1,86,77,332 votes). Voted 100% in favour on all resolutions.
  • Public Institutions: Held 50,25,216 shares. 45.65% participation (22,93,954 votes). Voted 100% in favour on most resolutions, with a minor 0.0406% against on Resolution 2.
  • Public Non-Institutions: Held 2,39,22,613 shares. 3.91% participation (9,35,195 votes). Showed dissent on Resolutions 3, 4, and 5 (~1.18% against) and a minor 0.0754% against on Resolution 6.

Scrutinizer's Role and Findings

Mr. Amit Gupta, Managing Partner of Amit Gupta & Associates, Company Secretaries, was appointed as the Scrutinizer for both the remote e-voting and the voting at the AGM.

  • Key Findings: The scrutinizer confirmed that 97 members cast their votes via remote e-voting, and no votes were cast during the AGM. All resolutions were passed with the requisite majority.
  • Conclusion: The voting process was conducted fairly and in accordance with the prescribed procedures. The results are valid and final.

Compliance Confirmation

The document and the scrutinizer's report confirm that the meeting and voting process were conducted in compliance with the Companies Act, 2013, the Companies (Management and Administration) Rules, 2014, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.