Date: September 24, 2026

KMP / Board / Auditor Changes

Mr. Dhanji Raghavji Patel (DIN: 01376164) was re-appointed as a director who retired by rotation in terms of Section 152 of the Companies Act, 2013. The resolution for his re-appointment was passed with 99.9991% votes in favor.

Board Meeting Outcomes

The 19th Annual General Meeting was held on Wednesday, September 23, 2026 at 12:00 PM (IST) through the Bigshare Services Private Limited platform.

Two resolutions were passed:

1. Adoption of Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with the Report of the Board of Directors and the Statutory Auditors thereon

2. Re-appointment of Mr. Dhanji Raghavji Patel as director

Both resolutions were ordinary resolutions and were passed with requisite majority.

Voting Results Details

Resolution 1: Adoption of Financial Statements

  • Total shares voted: 23,369,665 (69.9680% of outstanding shares)
  • Votes in favor: 23,369,554 (99.9995% of votes polled)
  • Votes against: 111 (0.0005% of votes polled)
  • Promoter voting: 23,124,528 shares voted (98.9051% of promoter holding), 100% in favor
  • Public Institutions: 4,741 shares voted (0.3682% of institution holding), 100% in favor
  • Public Non-Institutions: 240,396 shares voted (2.7529% of non-institution holding), 99.9538% in favor, 0.0462% against

Resolution 2: Re-appointment of Director

  • Total shares voted: 23,369,665 (69.9680% of outstanding shares)
  • Votes in favor: 23,369,453 (99.9991% of votes polled)
  • Votes against: 212 (0.0009% of votes polled)
  • Promoter voting: 23,124,528 shares voted (98.9051% of promoter holding), 100% in favor
  • Public Institutions: 4,741 shares voted (0.3682% of institution holding), 100% in favor
  • Public Non-Institutions: 240,396 shares voted (2.7529% of non-institution holding), 99.9118% in favor, 0.0882% against

Shareholder Participation

  • Total shareholders on record date: 35,275
  • Shareholders present in meeting (in person/proxy): 3 (all Promoters)
  • Shareholders attended via video conferencing: 65 (1 Promoter, 64 Public)
  • Remote e-voting period: September 18, 2026 (9:00 AM) to September 22, 2026 (5:00 PM)
  • Cut-off date for voting rights: September 16, 2026

Scrutinizer's Report

M/s. Deep Shukla & Associates, Practicing Company Secretaries, was appointed as Scrutinizer to conduct the electronic voting process.

Resolution 1 Details:

  • 80 members voted through remote e-voting
  • 233,695,54 valid votes cast
  • 111 votes against from 1 member
  • No invalid votes

Resolution 2 Details:

  • 79 members voted through remote e-voting
  • 233,694,53 valid votes cast
  • 212 votes against from 2 members
  • No invalid votes