Meeting Details

The 19th Annual General Meeting was held on Friday, September 11, 2026 at 03:00 PM IST through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The meeting concluded at 04:20 PM IST.

Record Date and Shareholder Information

Record date: Friday, September 4, 2026

Total number of shareholders on record date: 40,627

Attendance Details

  • Promoters & Promoter Group present through VC/OAVM: 09
  • Public shareholders present through VC/OAVM: 39
  • No shareholders present in person or through proxy

Scrutinizer Appointment

The Company appointed Mr. Sandeep P Parekh, Practicing Company Secretary (Membership No: 7118) of Sandeep P Parekh & Co, Company Secretaries, as Scrutinizer. He was appointed at the Board Meeting dated August 12, 2026.

Remote E-Voting Period

Remote e-voting was available from Tuesday, September 8, 2026 at 09:00 AM to Thursday, September 10, 2026 at 05:00 PM.

Resolutions Passed

All six resolutions were passed with requisite majority:

Resolution 1: Ordinary Business

Receive, consider and adopt the audited standalone and consolidated financial statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors.

  • Total votes polled: 42,939,259 (72.9334% of outstanding shares)
  • Votes in favor: 42,938,502 (99.9982%)
  • Votes against: 757 (0.0018%)

Resolution 2: Ordinary Business

Re-appoint Mr. Ram Agarwal (DIN: 01739245) as Director liable to retire by rotation.

  • Promoters interested: Yes
  • Total votes polled: 42,939,259 (72.9334%)
  • Votes in favor: 42,938,360 (99.9979%)
  • Votes against: 899 (0.0021%)

Resolution 3: Ordinary Business

Appoint M/s Valawat and Associates as Statutory Auditors.

  • Total votes polled: 42,939,259 (72.9334%)
  • Votes in favor: 42,938,360 (99.9979%)
  • Votes against: 899 (0.0021%)

Resolution 4: Ordinary Business

Ratify Remuneration payable to M/s Y R Doshi & Company Cost Auditor for FY 2026-27.

  • Total votes polled: 42,939,259 (72.9334%)
  • Votes in favor: 42,938,360 (99.9979%)
  • Votes against: 899 (0.0021%)

Resolution 5: Special Business

Alter the Objects Clause of the Memorandum of Association.

  • Total votes polled: 42,939,259 (72.9334%)
  • Votes in favor: 42,938,360 (99.9979%)
  • Votes against: 899 (0.0021%)

Resolution 6: Special Business

Issue Fully Convertible Warrants Convertible into Equity Shares on Preferential Basis.

  • Total votes polled: 42,939,259 (72.9334%)
  • Votes in favor: 42,937,800 (99.9966%)
  • Votes against: 1,459 (0.0034%)

Shareholding Pattern

Total outstanding shares: 58,874,592

  • Promoter and Promoter Group: 42,878,664 shares (72.83%)
  • Public Institutions: 772,147 shares (1.31%)
  • Public Non-Institutions: 15,223,781 shares (25.86%)

Scrutinizer's Consolidated Report

Mr. Sandeep P Parekh submitted the consolidated scrutinizer's report dated September 11, 2026. The report was countersigned by Tapan Ghose, Chairman & Managing Director (DIN: 01739231).

Voting Method Breakdown

The scrutinizer's report provided detailed voting breakdown between remote e-voting and e-voting at AGM:

  • Resolution 1: 42,938,301 remote e-votes in favor, 757 against; 201 e-votes at AGM in favor
  • Resolution 2: 42,938,159 remote e-votes in favor, 899 against; 201 e-votes at AGM in favor
  • Resolution 3: 42,938,159 remote e-votes in favor, 899 against; 201 e-votes at AGM in favor
  • Resolution 4: 42,938,159 remote e-votes in favor, 899 against; 201 e-votes at AGM in favor
  • Resolution 5: 42,938,159 remote e-votes in favor, 899 against; 201 e-votes at AGM in favor
  • Resolution 6: 42,937,599 remote e-votes in favor, 1,459 against; 201 e-votes at AGM in favor