Meeting Details

  • Date of Meeting: Wednesday, September 23, 2026
  • Time: 11:30 a.m. IST
  • Location: Conducted through Video Conferencing / Other Audio-Visual Means
  • Type of Meeting: 31st Annual General Meeting
  • Record Date: September 17, 2026
  • Total Shareholders on Record Date: 63,195

Proposed Resolutions and Implications

Ordinary Business:

1. Adoption of Financial Statements: To receive, consider and adopt:

  • The Audited Standalone Financial Statements for FY ended March 31, 2026, with Board's Report and Auditors' Report
  • The Audited Consolidated Financial Statements for FY ended March 31, 2026, with Auditors' Report

2. Appointment of Director: Appointment of Mr. Sanjay Katkar as a Director liable to retire by rotation

Special Business:

3. Remuneration to Non-Executive Independent Directors

4. Re-appointment of Director: Re-appointment of Mr. Richard Stiennon as Non-Executive Independent Director

Voting Process and Methods

  • Remote e-voting period: September 19, 2026 (9:00 AM IST) to September 22, 2026 (5:00 PM IST)
  • E-voting at AGM: Conducted during the meeting for members who hadn't voted remotely
  • Scrutinizer: Mr. Jayavant B. Bhave, Company Secretary in Whole Time Practice (FCS 4266, CP 3068)
  • Voting system provider: MUFG Intime India Private Limited (InstaVote)
  • Physical polling: Not conducted as meeting was virtual

Key Voting Outcomes

Overall Participation:

  • Total votes polled: 39,052,529 shares
  • Percentage of outstanding shares voted: 71.96%
  • Total shareholders attended through VC/OAVM: 63 (7 Promoter & Promoter Group, 56 Public)

Resolution-wise Results:

Resolution 1 - Adoption of Financial Statements (Ordinary)

  • Total votes in favor: 39,052,317 (99.9995%)
  • Total votes against: 212 (0.0005%)
  • Number of members voting: 60 in favor, 7 against

Resolution 2 - Appointment of Mr. Sanjay Katkar (Ordinary)

  • Total votes in favor: 39,039,134 (99.9657%)
  • Total votes against: 13,395 (0.0343%)
  • Number of members voting: 55 in favor, 12 against

Resolution 3 - Remuneration to Non-Executive Independent Directors (Ordinary)

  • Total votes in favor: 39,051,719 (99.9986%)
  • Total votes against: 550 (0.0014%)
  • Number of members voting: 56 in favor, 11 against

Resolution 4 - Re-appointment of Mr. Richard Stiennon (Special)

  • Total votes in favor: 39,039,050 (99.9655%)
  • Total votes against: 13,479 (0.0345%)
  • Number of members voting: 53 in favor, 14 against

Category-wise Voting Breakdown:

Promoter and Promoter Group (38,786,353 shares)

  • Participation: 100% of shares voted
  • All resolutions: 100% in favor across all voting methods

Public Institutions (226,820 shares)

  • Participation: 72.64% of shares voted
  • Resolution 1: 100% in favor
  • Resolution 2: 92.03% in favor, 7.97% against
  • Resolution 4: 92.33% in favor, 7.67% against

Public Non-Institutions (15,260,407 shares)

  • Participation: 0.66% of shares voted
  • Resolution 1: 99.79% in favor, 0.21% against
  • Resolution 2: 99.74% in favor, 0.26% against
  • Resolution 4: 99.17% in favor, 0.83% against

Scrutinizer's Role and Findings

  • Mr. Jayavant B. Bhave was appointed scrutinizer by Board resolution dated July 30, 2026
  • Responsible for scrutinizing the remote e-voting and e-voting at AGM process
  • Verified votes through InstaVote system in presence of witnesses not employed by the company
  • Confirmed all four resolutions secured requisite majority
  • Register and voting records remain in scrutinizer's custody until minutes are approved

Compliance with Regulations

  • Conducted in compliance with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
  • Follows SEBI LODR Regulation 44 requirements
  • Adheres to MCA and SEBI circulars for virtual AGMs
  • Physical ballot papers dispensed with as no physical AGM was convened

Additional Information

  • Reference Number: QHTL/Sec/SE/2026-27/42
  • Series: EQ
  • Document dated: September 24, 2026