Meeting Details

The 28th Annual General Meeting was held on Tuesday, September 22, 2026, from 11:30 A.M. to 12:01 P.M. (IST) through Video Conferencing/Other Audio-Visual Means in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI.

Proposed Resolutions and Implications

Five resolutions were proposed and approved:

Ordinary Business:

1. Adoption of Audited Standalone financial statements for the financial year ended March 31, 2026, along with reports of Board of Directors and Auditors - Ordinary Resolution

2. Declaration of final dividend of Rs. 0.50 (5%) per equity share of face value Rs. 10 each for FY 2025-2026 - Ordinary Resolution

3. Re-appointment of Mr. Jaiprakash Bijaykumar Agarwal (DIN: 01490093) as Director who retires by rotation - Ordinary Resolution

4. Appointment of M/s Desai Saksena & Associates, Chartered Accountants as Statutory Auditors - Ordinary Resolution

Special Business:

5. Ratification of remuneration of Cost Auditors for the financial year ending March 31, 2027 - Ordinary Resolution

Voting Process and Methods

The voting process included remote e-voting conducted through Bigshare Services Private Limited. The cut-off date for determining shareholder eligibility was Wednesday, September 16, 2026. The remote e-voting period opened on Saturday, September 19, 2026, at 09:00 A.M. and closed on Monday, September 21, 2026, at 05:00 P.M. IST. Facility of e-voting was also provided to members who attended the virtual AGM.

Key Voting Outcomes

All five resolutions were approved with overwhelming majority support exceeding 99.7% in favor:

Resolution-wise Results:

Item 1 - Adoption of Financial Statements:

  • Total valid votes: 2,76,76,104 shares (34 members)
  • Votes in favor: 2,76,76,102 shares (99.75%)
  • Votes against: 2 shares (0.00%)
  • Invalid votes: 69,191 shares (1 member abstained)

Item 2 - Final Dividend Declaration:

  • Total valid votes: 2,76,76,104 shares (34 members)
  • Votes in favor: 2,76,76,102 shares (99.75%)
  • Votes against: 2 shares (0.00%)
  • Invalid votes: 69,191 shares (1 member abstained)

Item 3 - Director Re-appointment:

  • Total valid votes: 2,76,76,104 shares (34 members)
  • Votes in favor: 2,76,76,102 shares (99.75%)
  • Votes against: 2 shares (0.00%)
  • Invalid votes: 69,191 shares (1 member abstained)

Item 4 - Statutory Auditor Appointment:

  • Total valid votes: 2,76,76,104 shares (34 members)
  • Votes in favor: 2,76,76,102 shares (99.75%)
  • Votes against: 2 shares (0.00%)
  • Invalid votes: 69,191 shares (1 member abstained)

Item 5 - Cost Auditor Remuneration Ratification:

  • Total valid votes: 2,76,76,104 shares (34 members)
  • Votes in favor: 2,76,76,102 shares (99.75%)
  • Votes against: 2 shares (0.00%)
  • Invalid votes: 69,191 shares (1 member abstained)

Scrutinizer's Role and Findings

Mr. Rinkesh Gala, Partner at M/s. RA Gala & Associates, Practicing Company Secretaries, was appointed as Scrutinizer to monitor the e-voting process under Section 108 of the Companies Act, 2013 and relevant rules. The scrutinizer verified that all votes were properly cast and counted through the Bigshare Services platform. The relevant e-voting records were sealed and handed over to Mr. Bijay Kumar Agarwal, Chairman & Managing Director, for safe keeping.

Compliance Confirmation

The meeting and voting process were conducted in compliance with the Companies Act, 2013, Companies (Management and Administration) Rules, 2014, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including relevant amendments.

Additional Information

The voting results and Scrutinizer's Report are available on the company's website at https://pyramidtechnoplast.com/.