Meeting Details

The 32nd AGM was held on Monday, September 21, 2026 at 9:00 a.m. at Pavna International School, Aligarh-Agra Highway, Near Mangalayatan Mandir, Sasni, Hathras, Aligarh, Uttar Pradesh - 204216.

Voting Process and Participation

The Company engaged National Securities Depository Limited (NSDL) as the agency to provide remote e-voting facility with Electronic Voting Event Number (EVEN) 141480. The remote e-voting period commenced at 9:00 a.m. IST on Friday, September 18, 2026 and ended at 5:00 p.m. IST on Sunday, September 20, 2026.

As of the cut-off date of Monday, September 14, 2026, the Company had 13,95,30,000 equity shares held across 12,057 folios/accounts.

Resolutions Voted Upon

Five resolutions were presented for shareholder approval:

1. Ordinary Resolution: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended on March 31, 2026

2. Ordinary Resolution: To approve re-appointment of Mrs. Asha Jain (DIN: 00035024) who retires by rotation

3. Special Resolution: To approve disinvestment of 100% investment held in Swapnil Switches Private Limited

4. Special Resolution: To approve disinvestment of 100% investment held in Pavna Auto Engineering Private Limited (PAEPL)

5. Special Resolution: To approve the Related Party Transactions of the Company

Voting Results

Remote e-voting: 77 members cast votes through remote e-voting

Ballot paper voting: 25 ballot papers received at the meeting, of which 23 were valid (representing 1,199 votes) and 2 were rejected (representing 1,490 votes)

Invalid votes: For Item Nos. 2-5, votes from five interested parties totaling 8,58,04,000 shares were invalidated:

  • Mr. Swapnil Jain (Promoter): 1,35,65,600 votes
  • Mrs. Priya Jain (Promoter Group): 40,40,000 votes
  • Mrs. Asha Jain (Promoter): 5,82,19,600 votes
  • PJ Wealth Management and Consultant Private Limited (Promoter Group): 99,70,400 votes
  • Pawan Jain HUF (Promoter Group): 8,400 votes

Final Voting Outcome

All five resolutions were approved by shareholders:

  • Item No. 1: 90,73,610 votes in favor (99.9916%), 8347 votes against (0.0084%), 1490 invalid votes
  • Item No. 2: 1,31,69,607 votes in favor (99.9366%), 8350 votes against (0.0634%), 8,58,05,490 invalid votes
  • Item No. 3: 1,31,69,607 votes in favor (99.9366%), 8350 votes against (0.0634%), 8,58,05,490 invalid votes
  • Item No. 4: 1,31,69,607 votes in favor (99.9366%), 8350 votes against (0.0634%), 8,58,05,490 invalid votes
  • Item No. 5: 1,31,69,607 votes in favor (99.9366%), 8350 votes against (0.0634%), 8,58,05,490 invalid votes

Document Custody

All electronic data and relevant records relating to remote e-voting and voting by ballot paper are in the scrutinizer's safe custody and will be handed over to the Company Secretary & Compliance Officer for safe keeping as required by law.