Meeting Details

The 34th Annual General Meeting was held on Friday, June 19, 2026 at 11:00 AM through Video Conferencing/Other Audio Visual Means and physically at the Registered Office of the Company at Kodiyat Road, Village: Sisarma, Udaipur - 313031. The meeting concluded at 12:05 PM.

Record Date and Shareholder Information

Record date: June 12, 2026

Total number of shareholders on record date: 51,292

Attendance Details

  • Promoters and promoter group present through video conferencing: 2
  • Public shareholders present through video conferencing: 50
  • No public shareholders attended physically

Scrutinizer Appointment

Ashok Modi of A Modi & Co (CA, Membership No. 074488) was appointed as scrutinizer on May 7, 2026, to oversee the e-voting process and voting at the AGM.

Voting Mechanism

The voting was conducted through remote e-voting and e-voting during the AGM facility provided by Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NSDL).

Total Share Capital and Voting Participation

Total outstanding shares: 235,000,000

Total votes polled: 129,785,156 shares (55.2277% of outstanding shares)

Resolution-wise Voting Results

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary resolution
  • Description: To receive, consider and adopt the Balance Sheet as at March 31, 2026 and statement of Profit and Loss Account for the year ended on that date, the Report of Directors and Auditors' thereon
  • Votes in favor: 129,784,156 shares (99.9992% of votes polled)
  • Votes against: 1,000 shares (0.0008% of votes polled)
  • Result: Passed

Resolution 2: Reappointment of Narendra Bhanawat (Retiring Director)

  • Type: Ordinary resolution
  • Description: To appoint a Director in place of Mr. Narendra Bhanawat (DIN:00146824), who retires by rotation and being eligible offers himself for reappointment
  • Votes in favor: 129,783,755 shares (99.9992% of votes polled)
  • Votes against: 1,001 shares (0.0008% of votes polled)
  • Invalid votes: 400 shares from public non-institutions
  • Result: Passed

Resolution 3: Reappointment of Narendra Bhanawat as Whole Time Director

  • Type: Special resolution
  • Description: To re-appoint Mr. Narendra Bhanawat (DIN:00146824) as a whole time director for 3 Years
  • Votes in favor: 129,784,156 shares (99.9992% of votes polled)
  • Votes against: 1,000 shares (0.0008% of votes polled)
  • Result: Passed

Resolution 4: Reappointment of Daud Ali as Managing Director

  • Type: Special resolution
  • Description: Re-appointment of Mr. Daud Ali (DIN:00185336) as Managing Director
  • Votes in favor: 129,467,706 shares (99.999% of votes polled)
  • Votes against: 1,250 shares (0.001% of votes polled)
  • Invalid votes: 316,200 shares from promoter and promoter group (Daud Ali being interested party)
  • Result: Passed

Resolution 5: Reappointment of Himanshu Surendrakumar Gupta as Independent Director

  • Type: Special resolution
  • Description: Re-appointment of Mr. Himanshu Surendrakumar Gupta (DIN:09607045) as an Independent Director
  • Votes in favor: 129,780,656 shares (99.9965% of votes polled)
  • Votes against: 4,500 shares (0.0035% of votes polled)
  • Result: Passed

Category-wise Voting Breakdown

Promoter and Promoter Group holding: 117,716,200 shares (100% voted in favor of all resolutions)

Public Institutions holding: 79,600 shares (0% participation)

Public Non-Institutions holding: 117,204,200 shares (10.2974% participation)

Scrutinizer Certification

Ashok Modi certified that all five resolutions were passed with requisite majority and the voting process was conducted fairly and transparently. The electronic data and relevant records were handed over to the Company Secretary for preservation.