Meeting Details

The 31st Annual General Meeting was held on Wednesday, September 23, 2026, at 11.30 a.m. (IST) through Video Conferencing/Other Audio-Visual Means. The meeting concluded at 01.10 p.m. (IST). A total of 63 members attended the meeting virtually.

Attendees

Directors Present:

  • Mr. Kailash Katkar - Chairman and Managing Director
  • Mr. Sanjay Katkar - Joint Managing Director
  • Mr. Amitabha Mukhopadhyay - Independent Director and Chairperson of Audit Committee and Nomination Remuneration Committee
  • Mr. Richard Stiennon - Independent Director
  • Mr. Kamal Kumar Agarwal - Independent Director and Chairperson of Risk Management Committee and Corporate Social Responsibility Committee
  • Ms. Amita Mirajkar - Independent Director and Chairperson of Stakeholders Relationship Committee

Key Managerial Personnel:

  • Mr. Harish Kumar G S - Chief Executive Officer
  • Mr. Ankit Maheshwari - Chief Financial Officer
  • Mr. Sarang Hari Deshpande - Company Secretary

Other Attendees:

  • Ms. Shraddha Khivasara - Representative from M/s. MSKA & Associates LLP (FRN: 105047W/W101187), Statutory Auditors
  • Mr. Jayavant B. Bhave - Representative from M/s. J. B. Bhave & Co. (PR No. 7781/2026), Scrutinizer
  • Ms. Ruchi Bhave - (PR No. 7710/2026), Secretarial Auditor

Proposed Resolutions

The following resolutions were proposed for shareholder approval:

Ordinary Business (Ordinary Resolutions):

1. Adoption of Financial Statements:

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

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

Special Business (Ordinary Resolution):

3. Remuneration to Non-Executive Independent Directors

Special Business (Special Resolutions):

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

Voting Process

The Company provided remote electronic voting facility through MUFG Intime India Private Limited. The remote e-voting period was from Saturday, September 19, 2026, at 9:00 a.m. (IST) to Tuesday, September 22, 2026, at 5:00 p.m. (IST).

Shareholders attending the AGM through VC/OAVM who had not cast votes through remote e-voting were provided opportunity to vote electronically during the AGM. Members were granted an additional 30 minutes after the conclusion of discussions on all agenda items to cast votes through the e-voting system.

Scrutinizer Appointment

Mr. Jayavant B. Bhave, Practicing Company Secretary, was appointed as Scrutinizer to scrutinize the remote e-voting process and e-voting conducted during the AGM in a fair and transparent manner, and to ascertain the requisite majority for passing the resolutions.

Compliance and Reporting

The results of the e-voting will be declared within prescribed timelines and submitted to the Stock Exchanges (BSE Limited and National Stock Exchange of India Limited) in accordance with applicable statutory requirements. The document confirms that statutory registers maintained under the Companies Act, 2013 were available for electronic inspection by members until conclusion of the meeting.

Additional Information

The Statutory Auditors' Report and Secretarial Auditor Report for FY ended March 31, 2026 did not contain any qualification, observation or adverse remark. The Notice of AGM together with Integrated Annual Report for FY 2025-26 had been circulated electronically to all members in compliance with MCA and SEBI circulars.