Meeting Details
The 68th Annual General Meeting was held on Tuesday, September 22, 2026 at 03:00 p.m. (IST) through Video Conference (VC) / Other Audio Visual Means (OAVM).
Voting Process Details
- Remote e-Voting period: September 17, 2026 (9:00 a.m.) to September 21, 2026 (5:00 p.m.)
- Cut-off date for voting eligibility: September 15, 2026
- e-Voting facility provided by Central Depository Services (India) Limited (CDSL)
- Scrutinizer: Alpesh Vekariya, Practicing Company Secretary of Alpesh Vekariya & Associates
Resolution Voting Results
Item 1: Adoption of Audited Financial Statements (Ordinary Resolution)
- Result: Passed unanimously
- Total votes cast: 206,360 (73.67% of outstanding shares)
- Votes in favor: 206,360 (100% of votes cast)
- Votes against: 0
- Invalid votes: 0
- Voting breakdown:
- Promoter & Promoter Group: 149,250 shares voted (100% of their holding)
- Public Institutions: 0 shares voted (0% of their 5,000 share holding)
- Public Non-Institutions: 57,110 shares voted (45.38% of their 125,850 share holding)
Item 2: Declaration of Final Dividend (Ordinary Resolution)
- Result: Passed unanimously
- Dividend amount: ₹2.50 per equity share (@25%) of face value ₹10 each for FY ended March 31, 2026
- Total votes cast: 206,360 (73.67% of outstanding shares)
- Votes in favor: 206,360 (100% of votes cast)
- Votes against: 0
- Invalid votes: 0
- Voting breakdown:
- Promoter & Promoter Group: 149,250 shares voted (100% of their holding)
- Public Institutions: 0 shares voted (0% of their holding)
- Public Non-Institutions: 57,110 shares voted (45.38% of their holding)
Item 3: Re-appointment of Director (Ordinary Resolution)
- Director: Mr. Sunil Pitamber Masand (DIN: 00371211)
- Result: Passed unanimously
- Total votes cast: 203,960 (72.82% of outstanding shares)
- Votes in favor: 203,960 (100% of votes cast)
- Votes against: 0
- Invalid votes: 0
- Voting breakdown:
- Promoter & Promoter Group: 149,250 shares voted (100% of their holding)
- Public Institutions: 0 shares voted (0% of their holding)
- Public Non-Institutions: 54,710 shares voted (43.47% of their holding)
Item 4: Approval of Related Party Transactions (Ordinary Resolution)
- Result: Passed
- Promoter interest: Yes (promoters abstained from voting)
- Total votes cast: 57,110 (20.39% of outstanding shares)
- Votes in favor: 57,110 (100% of votes cast)
- Votes against: 0
- Invalid votes: 0
- Voting breakdown:
- Promoter & Promoter Group: 0 shares voted (abstained as interested parties)
- Public Institutions: 0 shares voted (0% of their holding)
- Public Non-Institutions: 57,110 shares voted (45.38% of their holding)
Capital Structure Details
- Total outstanding shares: 280,100
- Promoter & Promoter Group holding: 149,250 shares (53.29%)
- Public Institutions holding: 5,000 shares (1.78%)
- Public Non-Institutions holding: 125,850 shares (44.93%)
Document Certification
The report was digitally signed by Kalindi Rajendra Shah, Chairperson and Managing Director (DIN: 00402482) on September 23, 2026 at 15:35:23 +05'30'.
The Scrutinizer's report was signed by Alpesh Vekariya (FCS: 11100, COP: 21541) on September 22, 2026 at 17:45:17 +05'30' with UDIN: F011100H001566005.
Record Keeping
All electronic data and records relating to e-Voting were handed over to Ms. Kalindi Shah, Managing Director, for preservation after the Chairman approves and signs the AGM Minutes.