Meeting Details

  • Type of Meeting: Extra Ordinary General Meeting (EGM)
  • Meeting Date: May 27, 2026
  • Meeting Time: 2:30 PM to 3:00 PM IST
  • Record Date: May 20, 2026
  • Total Shareholders on Record Date: 2,398
  • Scrutinizer: Samsad Alam Khan, Company Secretary (FCS No. 13629)
  • Scrutinizer Appointment Date: May 2, 2026
  • E-voting Period: May 24, 2026 (9:00 AM) to May 26, 2026 (5:00 PM)
  • E-voting Service Provider: Purva Sharegistry (India) Pvt. Ltd.

Voting Results Summary

Five resolutions were voted upon during the EGM. The results are as follows:

Resolution 1: Appointment of Mr. Pradeep Ramniklal Gosalia (DIN: 01130646) as Non-Executive Director (Ordinary Resolution)

  • Result: PASSED
  • Total Valid Votes: 2,345,178 shares (62.68% of outstanding shares)
  • Votes in Favor: 1,640,378 shares (69.95% of votes polled)
  • Votes Against: 704,800 shares (30.05% of votes polled)
  • Invalid Votes: 302,714 shares (12.91%)

Resolution 2: Appointment of Ms. Salma Badrudin Thobhani (DIN: 11616267) as Non-Executive Director (Ordinary Resolution)

  • Result: PASSED
  • Total Valid Votes: 2,345,178 shares (62.68% of outstanding shares)
  • Votes in Favor: 1,640,377 shares (69.95% of votes polled)
  • Votes Against: 704,801 shares (30.05% of votes polled)
  • Invalid Votes: Not quantified in disclosure

Resolution 3: Appointment of Mr. Ashish Atmaram Shah (DIN: 06873593) as Non-Executive Independent Director (Special Resolution)

  • Result: NOT PASSED
  • Total Valid Votes: 2,345,178 shares (62.68% of outstanding shares)
  • Votes in Favor: 1,640,378 shares (69.95% of votes polled)
  • Votes Against: 704,800 shares (30.05% of votes polled)
  • Invalid Votes: Not quantified in disclosure

Resolution 4: Appointment of Ms. Anjana Paresh Shah (DIN: 00845784) as Non-Executive Independent Director (Special Resolution)

  • Result: NOT PASSED
  • Total Valid Votes: 2,345,178 shares (62.68% of outstanding shares)
  • Votes in Favor: 1,640,377 shares (69.95% of votes polled)
  • Votes Against: 704,801 shares (30.05% of votes polled)
  • Invalid Votes: Not quantified in disclosure

Resolution 5: Re-appointment of Mr. Umang Alkesh Gosalia (DIN: 05153830) as Managing Director (Special Resolution)

  • Result: PASSED
  • Total Valid Votes: 2,345,178 shares (62.68% of outstanding shares)
  • Votes in Favor: 2,345,178 shares (100% of votes polled)
  • Votes Against: 0 shares (0% of votes polled)
  • Invalid Votes: 200,000 shares (8.53%)

Shareholding Pattern Analysis

  • Total Outstanding Shares: 3,741,300
  • Promoter & Promoter Group Holdings: 1,152,450 shares (30.80%)
  • Public Non-Institutions Holdings: 2,588,850 shares (69.20%)
  • Public Institutions Holdings: 0 shares

Voting Participation

  • Total Votes Polled: 2,345,178 shares (62.68% of outstanding shares)
  • Promoter Voting Participation: 100% (1,152,450 shares voted)
  • Public Non-Institutions Voting Participation: 46.07% (1,192,728 shares voted)