EGM Details

  • Date of EGM: Tuesday, July 07, 2026
  • Record Date: June 30, 2026
  • Total Shareholders as on Record Date: 27,529
  • Shareholders present in meeting (in person or through proxy): 35 (all public, 0 promoters)
  • Shareholders attended through Video Conferencing: 0

Voting Participation Details

  • Total shares outstanding: 55,158,758
  • Total votes polled: 30,475,974 shares
  • Voting participation rate: 55.2514% of outstanding shares
  • All voting was conducted through remote e-voting facility provided by NSDL
  • No votes were cast through poll or postal ballot

Resolution-wise Voting Results

Resolution 1: Appointment of Statutory Auditors (Ordinary Resolution)

  • Description: To approve appointment of M/s Bhatt Shah Mekhia & Co. as Statutory Auditors
  • Votes in favor: 30,475,882 shares (99.9997% of votes polled)
  • Votes against: 92 shares (0.0003% of votes polled)
  • Result: Passed

Resolution 2: Increase in Authorised Share Capital (Ordinary Resolution)

  • Description: To Increase in Authorised Share Capital of the company
  • Votes in favor: 30,475,957 shares (99.9999% of votes polled)
  • Votes against: 17 shares (0.00005% of votes polled)
  • Result: Passed

Resolution 3: Preferential Issue of Equity Shares (Special Resolution)

  • Description: To Offer, Issue and Allot Equity Shares (Other Than Cash) on a Preferential Basis
  • Votes in favor: 30,475,657 shares (99.99% of votes polled)
  • Votes against: 317 shares (0.001% of votes polled)
  • Result: Passed

Resolution 4: Preferential Issue of Equity Shares (Special Resolution)

  • Description: To Issue of Equity Shares on a Preferential Basis
  • Votes in favor: 30,475,657 shares (99.99% of votes polled)
  • Votes against: 317 shares (0.001% of votes polled)
  • Result: Passed

Resolution 5: Appointment of Managing Director (Ordinary Resolution)

  • Description: To appoint and regularise Mr. Rahilahmed Jafarbhai Shaikh (DIN: 11413227) as Managing Director
  • Votes in favor: 30,475,582 shares (99.9987% of votes polled)
  • Votes against: 392 shares (0.0013% of votes polled)
  • Result: Passed

Resolution 6: Appointment of Independent Director (Special Resolution)

  • Description: To appoint Mr. Tushar Rameshbhai Bhatt (DIN: 11476133) as Non-Executive Independent Director
  • Votes in favor: 30,475,582 shares (99.9987% of votes polled)
  • Votes against: 392 shares (0.0013% of votes polled)
  • Result: Passed

Resolution 7: Appointment of Independent Director (Special Resolution)

  • Description: To appoint Ms. Asha Pravin Ughade (DIN: 11524542) as Non-Executive Independent Director
  • Votes in favor: 30,475,582 shares (99.99% of votes polled)
  • Votes against: 392 shares (0.001% of votes polled)
  • Result: Passed

Resolution 8: Change in Director Designation (Ordinary Resolution)

  • Description: Change in Designation of Mr. Akash Prakash Patil (DIN: 11524328) from Executive Director to Non-Executive Non-Independent Director
  • Votes in favor: 30,475,582 shares (99.9987% of votes polled)
  • Votes against: 392 shares (0.0013% of votes polled)
  • Result: Passed

Resolution 9: Appointment of Executive Director (Ordinary Resolution)

  • Description: To appoint Mr. Debu Sardar (DIN: 11488279) as Executive Director
  • Votes in favor: 30,475,582 shares (99.99% of votes polled)
  • Votes against: 392 shares (0.001% of votes polled)
  • Result: Passed

Resolution 10: Shift Registered Office (Special Resolution)

  • Description: To approve Shifting of Registered office from Gujarat to West Bengal
  • Votes in favor: 30,475,882 shares (99.9996% of votes polled)
  • Votes against: 92 shares (0.0003% of votes polled)
  • Result: Passed

Scrutinizer Report Details

  • Scrutinizer: Abhishek Chhajed, Practicing Company Secretary (FCS 11334), Partner of SCS AND CO. LLP
  • Remote e-voting period: July 04, 2026 (9:00 AM IST) to July 06, 2026 (5:00 PM IST)
  • Votes unblocked on: July 07, 2026 at approximately 3:07 PM
  • Witnesses present during unblocking: Ms. Rinku Patel and Ms. Divya Nayak (not company employees)
  • All resolutions received overwhelming support from shareholders

Promoter Participation

  • Promoters and Promoter Group: 0 shares voted across all resolutions
  • No promoter participation in voting for any agenda item

Institutional Participation

  • Public Institutions: 0 shares voted across all resolutions
  • No institutional participation in voting