Rajoo Engineers 39th AGM Voting Results Approval

Meeting Details

Type of Meeting: 39th Annual General Meeting (AGM)
Date of Meeting: Tuesday, September 29, 2026
Time of Meeting: 12:00 PM to 12:35 PM
Location: Rajoo Avenue, Survey No. 210, Plot No.1 Industrial Area, Veraval (Shapar), Dist- Rajkot- 360024, Gujarat, India
Record Date: Tuesday, September 22, 2026
Total Shareholders on Record Date: 66,755

Summary of Proposed Resolutions and Implications

Eight resolutions were proposed and all were passed:

1. Adoption of Audited Standalone & Consolidated Financial Statements for FY ended March 31, 2026 (Ordinary Resolution).

2. Declaration of Final Dividend of ₹0.15 (15%) per share of face value Re. 1/- each for FY 2025-26, aggregating to ₹2,68,01,293.95 (Ordinary Resolution).

3. Re-appointment of Ms. Khushboo Chandrakant Doshi (DIN: 00025581) as a Director liable to retire by rotation (Ordinary Resolution).

4. Re-appointment of Mr. Utsav Kishorbhai Doshi (DIN: 00174486) as a Director liable to retire by rotation (Ordinary Resolution).

5. Ratification of Remuneration of ₹40,000 plus GST to M/s. Shailesh Thaker & Associates as Cost Auditors for FY 2026-27 (Ordinary Resolution).

6. Appointment of Mr. Sunil Jain (DIN: 00043541) as a Director (Non-Executive, Non-Independent) liable to retire by rotation, effective July 1, 2026 (Ordinary Resolution).

7. Approval for payment of professional fees not exceeding ₹1.00 crore per year to Mr. Sunil Jain and Mr. Pratik Kothari (DIN: 03550736) for professional services rendered (Ordinary Resolution).

8. Appointment of Mrs. Hetal Dobariya (DIN: 11914224) as a Director (Non-Executive, Independent) for a 5-year term, effective September 1, 2026 (Special Resolution).

Voting Process and Methods

Remote E-Voting: Facilitated by National Securities Depository Limited (NSDL) on its website https://eservices.nsdl.com.
E-Voting Period: Commenced on Saturday, September 26, 2026, at 09:00 AM IST and ended on Monday, September 28, 2026, at 5:00 PM IST.
Physical Voting: Voting through poll/ballot papers was conducted during the AGM.
Scrutinizer: CS Janvi N. Davda (Membership No. F13895) was appointed by the Board of Directors in their meeting on August 31, 2026, to scrutinize the entire voting process.
Vote Unblocking: The e-voting results were unblocked on September 29, 2026, at 03:23 PM in the presence of two independent witnesses: Ms. Vora Vishakha Rajeshkumar and Mr. Tushar Vasantbhai Sakhiya.

Key Voting Outcomes

Overall Participation

Total Outstanding Shares: 17,86,75,293
Total Votes Polled: 10,89,62,894 shares (60.9838% of outstanding shares)
Shareholder Attendance: 36 shareholders were present (13 Promoters/Promoter Group, 23 Public). Zero attended via video conferencing.

Resolution-Wise Results Breakdown

Resolution 1: Adoption of Financial Statements

Total Votes Polled: 10,89,62,894
In Favor: 10,89,62,254 (99.9994% of votes polled)
Against: 640 (0.0006% of votes polled)
Result: Passed (Ordinary Resolution)

Resolution 2: Declaration of Final Dividend

Total Votes Polled: 10,89,62,894
In Favor: 10,89,62,187 (99.9993% of votes polled)
Against: 707 (0.0007% of votes polled)
Result: Passed (Ordinary Resolution)

Resolution 3: Re-appointment of Ms. Khushboo C. Doshi

Total Votes Polled: 10,89,62,894
In Favor: 10,89,57,467 (99.9950% of votes polled)
Against: 5,427 (0.0050% of votes polled)
Result: Passed (Ordinary Resolution)

Resolution 4: Re-appointment of Mr. Utsav K. Doshi

Total Votes Polled: 10,89,62,894
In Favor: 10,89,58,467 (99.9959% of votes polled)
Against: 4,427 (0.0041% of votes polled)
Result: Passed (Ordinary Resolution)

Resolution 5: Ratification of Cost Auditor's Remuneration

Total Votes Polled: 10,89,62,894
In Favor: 10,89,62,135 (99.9993% of votes polled)
Against: 759 (0.0007% of votes polled)
Result: Passed (Ordinary Resolution)

Resolution 6: Appointment of Mr. Sunil Jain

Total Votes Polled: 10,89,62,894
In Favor: 10,89,61,307 (99.9985% of votes polled)
Against: 1,587 (0.0015% of votes polled)
Result: Passed (Ordinary Resolution)

Resolution 7: Payment of Professional Fees to Directors

Total Votes Polled: 10,89,62,894
In Favor: 10,89,61,307 (99.9985% of votes polled)
Against: 1,587 (0.0015% of votes polled)
Result: Passed (Ordinary Resolution)

Resolution 8: Appointment of Mrs. Hetal Dobariya

Total Votes Polled: 10,89,62,894
In Favor: 10,89,61,242 (99.9985% of votes polled)
Against: 1,652 (0.0015% of votes polled)
Result: Passed (Special Resolution)

Category-Wise Voting Participation

Promoter & Promoter Group: Held 10,84,48,831 shares. Voted 10,84,48,831 shares (100.0000% participation). Voted 100% in favor on all resolutions.
Public Institutions: Held 32,18,119 shares. Voted 2,00,001 shares (6.2148% participation). Voted 100% in favor on all resolutions.
Public Non-Institutions: Held 6,70,08,343 shares. Voted 3,14,062 shares (0.4687% participation). Showed minor opposition on some resolutions (e.g., 0.2251% against Dividend, 1.7280% against Ms. Doshi's appointment).

Scrutinizer's Role and Findings

CS Janvi N. Davda was responsible for scrutinizing the remote e-voting and physical poll process. The report confirms:

The notice of the AGM was dispatched on September 2, 2026.
An advertisement was published in the Financial Express (English and Gujarati) and The Indian Express on September 3, 2026.
The e-voting process was conducted fairly and transparently via NSDL.
All related voting papers were kept under the scrutinizer's safe custody.
The results were unblocked in the presence of two independent witnesses.
The scrutinizer concluded that all resolutions were duly passed.

Compliance Confirmation

The document confirms compliance with:

Regulation 30 and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Sections 108, 109, 123, 148, 152, 160, 161, and 188 of the Companies Act, 2013.
The Companies (Management and Administration) Rules, 2014.
Secretarial Standard-2 (SS-2) on General Meetings.

The documents have been uploaded on the company's website (https://rajoo.com/) and the NSDL e-voting website.

Additional Information

BSE Script Code: 522257
NSE Symbol: RAJOOENG
The company is not listed on MSEI.
No invalid votes were recorded in any category for any resolution.