Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

  • Date of Meeting: Wednesday, September 30, 2026
  • Time of Meeting: 11:30 AM IST
  • Location/Type: Held through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Cut-off Date: Tuesday, September 23, 2025 (for determining shareholders entitled to vote)

Proposed Resolutions and Implications

The AGM considered and voted on 13 resolutions:

1. Adoption of audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026

2. Declaration of dividend on equity shares for FY 2025-26

3. Reappointment of Mr. Yogesh Jain (DIN: 00086811) as Managing Director retiring by rotation

4. Reappointment of Mr. Anil Kumar Rao (DIN: 01224525) as Whole Time Director retiring by rotation

5. Appointment of M/S. NSBP & Company, Chartered Accountants (FRN: 001075N) as Statutory Auditors

6. Ratification of remuneration payable to M/s Gaurav Jain & Associates, Cost Accountants as Cost Auditors

7. Reappointment of Mr. Pradeep Kumar Jain (DIN: 00086653) as Chairman & Managing Director

8. Reappointment of Mr. Chakresh Kumar Jain (DIN: 00086768) as Managing Director

9. Reappointment of Mr. Yogesh Jain (DIN: 00086811) as Managing Director

10. Reappointment of Mr. Anil Kumar Rao (DIN: 01224525) as Whole-Time Director

11. Reappointment of Mr. Naresh Kumar Jain (DIN: 01281538) as Independent Director for 5 years

12. Reappointment of Ms. Seema Singh (DIN: 10042852) as Independent Director for 5 years

13. Appointment of Mr. Rohit Kumar Singh (DIN: 08597667) as Non-Executive Independent Director for 5 years

Voting Process and Methods

  • Remote e-voting: Conducted through MUFG Intime India Private Limited (RTA)
  • Remote e-voting period: Sunday, September 27, 2026 (9:00 AM) to Tuesday, September 29, 2026 (5:00 PM)
  • E-voting at AGM: Provided for shareholders present through VC who had not voted remotely
  • Scrutinizer: Deepak Gupta, Partner of DR Associates, Company Secretaries

Key Voting Outcomes

All 13 resolutions were passed with requisite majority. The consolidated results show:

Resolution 1 (Adoption of Financial Statements):

  • Total votes: 212,534,349 from 247 shareholders
  • In favor: 212,525,920 votes (100%)
  • Against: 8,429 votes (negligible)
  • Abstained: 254,986 shares by 1 shareholder
  • Invalid: 625,000 shares due to non-receipt of authorization

Resolution 2 (Dividend Declaration):

  • Total votes: 212,789,335 from 248 shareholders
  • In favor: 212,781,088 votes (100%)
  • Against: 8,247 votes (negligible)
  • Invalid: 625,000 shares

Resolution 3 (Yogesh Jain Reappointment):

  • Total votes: 212,789,335 from 248 shareholders
  • In favor: 211,354,702 votes (99.33%)
  • Against: 1,434,633 votes (0.67%)
  • Invalid: 625,000 shares

Resolution 4 (Anil Kumar Rao Reappointment):

  • Total votes: 212,789,335 from 248 shareholders
  • In favor: 184,427,401 votes (86.67%)
  • Against: 28,361,934 votes (13.33%)
  • Invalid: 625,000 shares

Resolution 5 (NSBP & Co. Appointment):

  • Total votes: 212,789,335 from 248 shareholders
  • In favor: 175,329,744 votes (82.40%)
  • Against: 37,459,591 votes (17.60%)
  • Invalid: 625,000 shares

Resolution 6 (Cost Auditor Remuneration):

  • Total votes: 212,789,335 from 248 shareholders
  • In favor: 212,780,463 votes (100%)
  • Against: 8,872 votes (negligible)
  • Invalid: 625,000 shares

Resolution 7 (Pradeep Kumar Jain Reappointment):

  • Total votes: 212,789,335 from 248 shareholders
  • In favor: 183,966,328 votes (86.45%)
  • Against: 28,823,007 votes (13.55%)
  • Invalid: 625,000 shares

Resolution 8 (Chakresh Kumar Jain Reappointment):

  • Total votes: 212,789,335 from 248 shareholders
  • In favor: 185,470,071 votes (87.16%)
  • Against: 27,319,264 votes (12.84%)
  • Invalid: 625,000 shares

Resolution 9 (Yogesh Jain Reappointment):

  • Total votes: 212,789,335 from 248 shareholders
  • In favor: 185,470,343 votes (87.16%)
  • Against: 27,318,992 votes (12.84%)
  • Invalid: 625,000 shares

Resolution 10 (Anil Kumar Rao Reappointment):

  • Total votes: 212,789,335 from 248 shareholders
  • In favor: 199,941,570 votes (93.96%)
  • Against: 12,847,765 votes (6.04%)
  • Invalid: 625,000 shares

Resolution 11 (Naresh Kumar Jain Reappointment):

  • Total votes: 212,789,335 from 248 shareholders
  • In favor: 211,098,097 votes (99.21%)
  • Against: 1,691,238 votes (0.79%)
  • Invalid: 625,000 shares

Resolution 12 (Seema Singh Reappointment):

  • Total votes: 212,789,335 from 248 shareholders
  • In favor: 211,532,745 votes (99.41%)
  • Against: 1,256,590 votes (0.59%)
  • Invalid: 625,000 shares

Resolution 13 (Rohit Kumar Singh Appointment):

  • Total votes: 212,789,335 from 248 shareholders
  • In favor: 212,762,086 votes (99.99%)
  • Against: 27,249 votes (0.01%)
  • Invalid: 625,000 shares

Participation Breakdown by Shareholder Category

Detailed category-wise voting results are provided for each resolution, showing participation from:

  • Promoter and Promoter Group: 143,841,000 shares (56.07% of total)
  • Public Institutions: 74,582,478 shares (29.07% of total)
  • Public Non-Institutions: 38,115,687 shares (14.86% of total)

Scrutinizer's Role and Findings

Deepak Gupta, Partner of DR Associates, was appointed as Scrutinizer. His responsibilities included:

  • Ensuring fair and transparent voting process
  • Unblocking and downloading results in presence of two independent witnesses (Davinderjeet Singh and Ananya Priya) at 12:40 PM on September 30, 2026
  • Submitting the Scrutinizer's Report based on electronic voting system reports
  • Certifying that all resolutions passed with requisite majority

Compliance Confirmation

The disclosure confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • Other applicable laws and regulations