Meeting Details

The 69th Annual General Meeting was held on Tuesday, 25th August, 2026 at 11:00 A.M. through Video Conferencing/Other Audio Visual Means. The record date for determining voting eligibility was 18th August, 2026.

Shareholder Participation

Total number of shareholders on record date: 5,890

Shareholders attending meeting through video:

  • Promoter and promoter group: 7 shareholders
  • Public: 52 shareholders

Resolutions Passed

All three resolutions contained in the notice were approved by shareholders with requisite majority:

Resolution 1: Adoption of Financial Statements

  • To receive, consider and adopt the audited Standalone financial statements for FY ended 31st March, 2026
  • To receive, consider and adopt the audited Consolidated financial statements for FY ended 31st March, 2026
  • Promoter/promoter group not interested in this resolution

Voting Results:

  • Total shares outstanding: 404,045
  • Total votes polled: 210,060 (51.989% participation)
  • Votes in favor: 210,054 (99.9971%)
  • Votes against: 6 (0.0029%)

Breakdown by category:

  • Promoter and Promoter Group: 210,469 shares held, 209,584 votes polled (99.58% participation), 100% in favor
  • Public Institutions: 12,032 shares held, 0 votes polled (0% participation)
  • Public Non-Institutions: 181,544 shares held, 476 votes polled (0.262% participation), 470 in favor (98.74%), 6 against (1.26%)

Resolution 2: Dividend Declaration

  • To declare a dividend of ₹20 per equity share of ₹10 each for financial year ended 31st March, 2026
  • Ordinary resolution
  • Promoter/promoter group not interested in this resolution

Voting Results:

  • Total shares outstanding: 404,045
  • Total votes polled: 210,060 (51.989% participation)
  • Votes in favor: 210,054 (99.9971%)
  • Votes against: 6 (0.0029%)

Breakdown identical to Resolution 1

Resolution 3: Director Re-appointment

  • To appoint Mr. N. T. Kilachand (DIN 00005530) in place of himself as he retires by rotation and offers himself for re-appointment
  • Ordinary resolution

Voting Results:

  • Total votes polled: 210,060
  • Votes in favor: 210,054 (99.9971%)
  • Votes against: 6 (0.0029%)

Scrutinizer Appointment and Process

Ragini Chokshi & Co., Company Secretaries, was appointed as Scrutinizer. National Securities Depository Limited (NSDL) was engaged as the agency for remote e-voting and e-voting during AGM.

Remote e-voting period: From Friday, 21st August 2026 at 9:00 a.m. to Monday, 24th August 2026 at 5:00 p.m.

Notice of AGM was published in The Free Press Journal (English) and Nav Shakti (Marathi) on 31st July 2026, and dispatched to members on 30th July 2026.

Consolidated Scrutinizer Report Details

Detailed voting breakdown from scrutinizer report:

Item 1: Adoption of Financial Statements

  • Remote e-voting: 67 shareholders, 210,052 votes
  • E-voting at AGM: Additional votes bringing total to 210,054 in favor
  • Total valid votes: 210,060
  • Assent: 210,054 votes (99.9971%)
  • Dissent: 6 votes (0.0029%)

Item 2: Dividend Declaration

  • Remote e-voting: 67 shareholders, 210,052 votes
  • E-voting at AGM: Additional votes bringing total to 210,054 in favor
  • Total valid votes: 210,060
  • Assent: 210,054 votes (99.9971%)
  • Dissent: 6 votes (0.0029%)

Item 3: Director Re-appointment

  • Remote e-voting: 67 shareholders, 210,052 votes
  • E-voting at AGM: 2 votes
  • Total valid votes: 210,060
  • Assent: 210,054 votes (99.9971%)
  • Dissent: 6 votes (0.0029%)