Meeting Details

The 35th Annual General Meeting was held on Monday, August 24, 2026 at 04:00 p.m. through Video Conferencing (VC) / Other Audio Visual Means (OAVM).

Record Date and Shareholding

  • Record Date: August 17, 2026
  • Total number of shareholders on record date: 18,691
  • Shareholders present in meeting: Promoters and Promoter group - 2, Public - 0
  • Shareholders attended through video conferencing: Promoters and Promoter group - 7, Public - 50

Voting Results Summary

All five resolutions at the AGM were passed with requisite majority. Total votes cast: 15,216,679 representing 58.55% of outstanding shares.

Resolution 1: Ordinary Resolution - Adoption of Financial Statements

  • Description: To consider and adopt the Audited Financial Statements for the Financial Year ended March 31, 2026, the Reports of the Board of Directors and Auditors thereon.
  • Promoter voting: 13,140,738 votes in favor (100% of votes polled), 0 against
  • Public Institutions voting: 55,428 votes in favor (100% of votes polled), 0 against
  • Public Non-Institutions voting: 2,020,089 votes in favor (99.979% of votes polled), 424 against (0.021%)
  • Total votes: 15,216,255 in favor (99.9972%), 424 against (0.0028%)
  • Result: Passed

Resolution 2: Ordinary Resolution - Dividend Declaration

  • Description: To declare Dividend 60 percent (i.e. Rs. 3.00 per share) on equity shares of Rs. 5.00 each for the Financial Year ended March 31, 2026.
  • Promoter voting: 13,140,738 votes in favor (100% of votes polled), 0 against
  • Public Institutions voting: 55,428 votes in favor (100% of votes polled), 0 against
  • Public Non-Institutions voting: 2,020,089 votes in favor (99.979% of votes polled), 424 against (0.021%)
  • Total votes: 15,216,255 in favor (99.9972%), 424 against (0.0028%)
  • Result: Passed

Resolution 3: Ordinary Resolution - Director Re-appointment

  • Description: Re-appointment of Shri Varun S. Kabra (DIN: 03376617), Director liable to retire by rotation
  • Promoter interest: Yes (promoter/promoter group interested in this resolution)
  • Promoter voting: 13,140,738 votes in favor (100% of votes polled), 0 against
  • Public Institutions voting: 55,428 votes in favor (100% of votes polled), 0 against
  • Public Non-Institutions voting: 2,020,089 votes in favor (99.979% of votes polled), 424 against (0.021%)
  • Total votes: 15,216,255 in favor (99.9972%), 424 against (0.0028%)
  • Result: Passed

Resolution 4: Special Resolution - Managing Director Re-appointment

  • Description: Reappointment of Shri Varun S. Kabra (DIN: 03376617) as Vice-Chairman and Managing Director of the Company for a period of 5 years with effect from August 01, 2026 to July 31, 2031
  • Promoter interest: Yes
  • Voting pattern same as Resolution 3
  • Result: Passed

Resolution 5: Ordinary Resolution - Cost Auditor Remuneration

  • Description: Approval of the Remuneration of the Cost Auditors M/s Urvashi Kamal Mehta and Co, Cost Accountants (Firm Registration No.: 001817) for the Financial Year ending March 31, 2027
  • Promoter interest: No
  • Promoter voting: 13,140,738 votes in favor (100% of votes polled), 0 against
  • Public Institutions voting: 55,428 votes in favor (100% of votes polled), 0 against
  • Public Non-Institutions voting: 2,020,089 votes in favor (99.979% of votes polled), 424 against (0.021%)
  • Total votes: 15,216,255 in favor (99.9972%), 424 against (0.0028%)
  • Result: Passed

Scrutinizer's Report Details

  • Scrutinizer: Saurabh Somani, Partner of M/s Bhandari & Associates, Company Secretaries
  • Appointment: By Board of Directors pursuant to Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
  • Voting period: Remote e-voting commenced on August 21, 2026 at 09:00 a.m. and ended on August 23, 2026 at 5:00 p.m.
  • Voting service provider: National Securities Depository Limited (NSDL)
  • Report unblocking: Done on August 24, 2026 after AGM conclusion in presence of witnesses Ms. Anisha Swami and Ms. Gayatri Kothari

Detailed Voting Breakdown from Scrutinizer Report

  • Total members voted: 70
  • Total valid votes cast: 15,216,255

Resolution 1 Breakdown:

  • E-voting at AGM: 5 members, 202,600 votes (100% in favor)
  • Remote e-voting: 65 members, 15,013,655 votes (100% in favor)
  • Against votes: 424 votes from remote e-voting (0% of valid votes cast)

Resolution 2 Breakdown:

Same voting pattern as Resolution 1

Resolution 3 Breakdown:

  • E-voting at AGM: 8 members, 8,099,353 votes (100% in favor)
  • Remote e-voting: 62 members, 7,116,902 votes (100% in favor)
  • Against votes: 424 votes from remote e-voting (0% of valid votes cast)

Resolution 4 Breakdown:

Same voting pattern as Resolution 3

Resolution 5 Breakdown:

Same voting pattern as Resolution 1