Meeting Details

The 52nd Annual General Meeting was held on Wednesday, September 30, 2026, at 12:30 p.m. through Video Conferencing (VC) / Other Audio Video Means (OAVM) facility. The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs and the Securities Exchange Board of India.

Meeting Proceedings

Mr. Naresh Kumar Bansal, Chairman and Managing Director of the Company, presided as the Chairman of the AGM. Mr. Vikas Sharma, Company Secretary & Compliance Officer, commenced the proceedings and welcomed members. The meeting was conducted through a virtual platform provided by National Securities Depository Limited (NSDL) as per regulatory guidelines.

Directors, Key Managerial Personnel, Statutory Auditor, Secretarial Auditor, and Scrutinizer were present. The Chairmen of Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee were also present throughout the meeting. Quorum requirements were satisfied at the start of the AGM.

The Chairman addressed members about the company's achievements, financial performance for FY 2025-26, and future outlook for FY 2026-27.

Voting Process and Methods

The company tied up with NSDL to provide remote e-voting facility from September 27, 2026 (09:00 AM IST) to September 29, 2026 (05:00 PM IST). Members whose names appeared in the Register of Members as of September 23, 2026 (cut-off date) were eligible to vote. Members who did not cast votes through remote e-voting could vote through e-voting facility during a 15-minute window opened after the closure of the AGM.

Proposed Resolutions

The following resolutions were proposed:

Ordinary Business:

  • Item 1: To receive, consider and adopt the Audited Financial Statements of the Company (Consolidated and Standalone) for the financial year ended March 31, 2026, and the Reports of the Board of Directors and Auditors thereon (Ordinary Resolution)
  • Item 2: To appoint a director in place of Mr. Rakesh Chaturvedi (DIN: 01107166), who retired by rotation and offered himself for re-appointment (Ordinary Resolution)

Special Business:

  • Item 3: Appointment of Ms. Anju Kumari (DIN: 10729753) as Non-Executive, Independent Woman Director of the Company (Special Resolution)
  • Item 4: Ratification of Remuneration Payable to Cost Auditors of the Company for the Financial Year 2026-27 (Ordinary Resolution)

Scrutinizer Appointment

M/s. Arun Kumar Gupta & Associates, Company Secretaries, New Delhi, was appointed by the Board to scrutinize the remote e-voting and e-voting during the AGM.

Additional Proceedings

Pre-registered members were given opportunity to ask questions and express views, with all questions appropriately addressed. The meeting concluded with a vote of thanks to the Chairman at 01:26 PM (including additional 15 minutes for e-voting).

Compliance and Disclosure

The result of the resolutions will be declared after receipt of the Scrutinizer's Report and will be forwarded to National Stock Exchange of India Limited and BSE Limited, and hosted on the company's website and NSDL website. All AGM documents were made available electronically for inspection by members during the AGM.