Meeting Details

The 100th Annual General Meeting was held on Thursday, September 17, 2026, at 03:00 p.m. and concluded at 03:12 p.m. through Video Conferencing (VC) facility or other audio visual means (OAVM), without physical presence of members. The meeting was conducted in compliance with MCA Circulars and SEBI Circulars granting relaxations for virtual meetings.

Total 19 members were present through Video Conferencing/OAVM. The meeting was chaired by Mr. Shridhar Pittie, Chairman & Managing Director of the Company.

Board Members Present

The following Board members attended the AGM:

  • Mr. Shridhar N. Pittie - Chairman & Managing Director
  • Mr. Sandeep Gokhale - Independent Director (Chairman-Nomination & Remuneration Committee)
  • Mr. Mohan V. Tanksale - Independent Director (Chairman - Audit Committee)
  • Mrs. Ranjana Kaul - Independent Director (Chairman-Stakeholder Relationship Committee)
  • Mr. Nayan C. Mirani - Non Independent Director
  • Mr. Narayan Kamath - Independent Director
  • Mr. Umang Pittie - Executive Director
  • Mr. Vaibhav Pittie - Executive Director

Representatives of Statutory Auditors and Secretarial Auditors were also present.

Business Updates

Mr. Shridhar Pittie addressed members on the Company completing 100 years and provided an update on the RB-101 project:

  • RB-101 (Wing A) has been completed and Occupancy Certificate received
  • The Company has entered into leave and license/lease arrangements with various clients
  • RB-101 (Wing B) is expected to be launched shortly, subject to receipt of requisite regulatory approvals and prevailing market conditions

Voting Process

The Company provided e-voting facility through NSDL for remote e-voting from Monday, September 14, 2026 (9.00 a.m. IST) to Wednesday, September 16, 2026 (5.00 p.m. IST). Voting facility was also provided during the AGM for members who hadn't voted remotely.

Ms. Jigyasa N. Ved of M/s Parikh & Associates was appointed as scrutinizer to supervise the e-voting process.

Shareholder Statistics

  • Total number of shareholders on record date (September 10, 2026): 1,233
  • Shareholders present through VC/OAVM: Promoters - 5, Public - 14
  • Total outstanding shares: 250,000

Voting Results

All six resolutions were approved with requisite majority and 100% votes in favor:

Resolution 1 (Ordinary Business): Consideration and adoption of the audited (Standalone & Consolidated) Financial Statements for FY ended March 31, 2026

  • Total votes polled: 176,175 (70.47% of outstanding shares)
  • Votes in favor: 176,175 (100%)

Resolution 2 (Ordinary Business): Re-appointment of Mr. Nayan Chandrasinh Mirani (DIN: 00045197) as Director

  • Total votes polled: 176,175 (70.47% of outstanding shares)
  • Votes in favor: 176,175 (100%)

Resolution 3 (Special Business): Re-appointment of Mr. Shridhar Pittie (DIN: 00562400) as Chairman & Managing Director

  • Promoters interested: Yes
  • Total votes polled: 176,175 (70.47% of outstanding shares)
  • Votes in favor: 176,175 (100%)

Resolution 4 (Special Business): Re-appointment of Mr. Sandeep Gokhale (DIN: 00693885) as Independent Director

  • Promoters interested: No
  • Total votes polled: 176,175 (70.47% of outstanding shares)
  • Votes in favor: 176,175 (100%)

Resolution 5 (Special Business): Revision in remuneration of Mr. Umang Pittie (DIN: 05322022), Executive Director

  • Promoters interested: Yes
  • Total votes polled: 176,175 (70.47% of outstanding shares)
  • Votes in favor: 176,175 (100%)

Resolution 6 (Special Business): Revision in remuneration of Mr. Vaibhav Pittie (DIN: 07643342), Executive Director

  • Promoters interested: Yes
  • Total votes polled: 176,175 (70.47% of outstanding shares)
  • Votes in favor: 176,175 (100%)

Category-wise Voting Breakdown

Promoter and Promoter Group:

  • Shares held: 187,500
  • Votes polled: 176,127 (93.93% of shares held)
  • All votes in favor across all resolutions

Public Institutions:

  • Shares held: 170
  • No votes polled

Public Non-institutions:

  • Shares held: 62,330
  • Votes polled: 48 (0.08% of shares held)
  • All votes in favor across all resolutions

Scrutinizer Report

Ms. Jigyasa N. Ved of Parikh & Associates submitted the consolidated scrutinizer report confirming:

  • 13 members voted across all resolutions
  • 176,175 valid votes cast in favor for each resolution
  • No votes against any resolution
  • No invalid votes