Meeting Details

  • Type of Meeting: 34th Annual General Meeting (AGM)
  • Date: 30th September, 2026
  • Time: 12:33 P.M. to 13:03 P.M. (30 minutes duration)
  • Mode: Conducted through Video Conference (VC)/Other Audio Video Means (OAVM)
  • Record Date: 23rd September, 2026
  • Total Shareholders on Record Date: 1,16,870 members

Proposed Resolutions and Implications

Five resolutions were considered and approved:

1. Ordinary Resolution: To consider, approve and adopt the standalone audited financial statements for the financial year ended March 31, 2026 and reports of Board of Directors and Auditors

2. Ordinary Resolution: To appoint Rana Veer Pratap Singh (DIN: 00076808), Managing Director, who retired by rotation and offered himself for reappointment

3. Ordinary Resolution: To consider and approve payment of remuneration to Cost Auditors

4. Ordinary Resolution: To consider and approve payment of increased remuneration to Mrs. Kirandeep Kaur, Administration Head, relative of Rana Ranjit Singh under Section 188(1)(f) of Companies Act, 2013 (Promoter interested: Yes)

5. Special Resolution: To consider and approve payment of increased remuneration to Rana Veer Pratap Singh (DIN: 00076808), Managing Director (Promoter interested: Yes)

Voting Process and Methods

The Company provided remote e-voting facility through Central Depository Services (India) Limited (CDSL) from 27th September, 2026 (9:00 A.M.) to 29th September, 2026 (5:00 P.M.). E-voting was also available during the AGM for members who had not voted remotely. Mr. Ajay K. Arora, Practising Company Secretary (FCS No. 2191) of A ARORA & CO. was appointed as Scrutinizer by the Board on 14th August, 2026.

Key Voting Outcomes

Overall Participation

  • Total Votes Polled: 35,196,218 shares (22.919% of outstanding shares)
  • Number of Resolutions: 5 (all passed)
  • Shareholders Attended Meeting via VC: 67 (3 Promoters + 64 Public)

Resolution-wise Results:

Resolution 1 - Adoption of Financial Statements

  • Total Votes: 35,196,218 shares
  • In Favor: 35,061,809 shares (99.6181%)
  • Against: 134,409 shares (0.3819%)
  • Promoter Group: 34,766,079 shares voted 100% in favor
  • Public Non-Institutions: 430,139 shares voted (68.7522% in favor, 31.2478% against)

Resolution 2 - Reappointment of Director

  • Total Votes: 35,196,208 shares
  • In Favor: 35,061,037 shares (99.6160%)
  • Against: 135,171 shares (0.3840%)
  • Promoter Group: 34,766,079 shares voted 100% in favor
  • Public Non-Institutions: 430,129 shares voted (68.5743% in favor, 31.4257% against)

Resolution 3 - Cost Auditor Remuneration

  • Total Votes: 35,196,208 shares
  • In Favor: 35,193,589 shares (99.9926%)
  • Against: 2,619 shares (0.0074%)
  • Promoter Group: 34,766,079 shares voted 100% in favor
  • Public Non-Institutions: 430,129 shares voted (99.3911% in favor, 0.6089% against)

Resolution 4 - Increased Remuneration to Mrs. Kirandeep Kaur

  • Total Votes: 35,196,208 shares
  • In Favor: 35,060,765 shares (99.6152%)
  • Against: 135,443 shares (0.3848%)
  • Promoter Group: 34,765,979 shares voted 100% in favor (100 shares not voted)
  • Public Non-Institutions: 430,229 shares voted (68.5184% in favor, 31.4816% against)

Resolution 5 - Increased Remuneration to Rana Veer Pratap Singh

  • Total Votes: 35,196,208 shares
  • In Favor: 35,060,274 shares (99.6138%)
  • Against: 135,934 shares (0.3862%)
  • Promoter Group: 34,766,079 shares voted 100% in favor
  • Public Non-Institutions: 430,129 shares voted (68.3969% in favor, 31.6031% against)

Scrutinizer's Role and Findings

Mr. Ajay K. Arora submitted his consolidated report dated 1st October, 2026, confirming:

  • The e-voting process was conducted fairly and transparently
  • Results were unblocked on 30th September, 2026 in presence of two independent witnesses
  • All 5 resolutions were passed with requisite majority
  • Electronic data and records will be handed over to the Company Secretary for preservation

Compliance Confirmation

The disclosure confirms compliance with:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars dated 5th May, 2020, 8th April, 2020, 13th April, 2020, 28th December, 2022, 25th September, 2023, 19th September, 2024, and 22nd September, 2025
  • SEBI Circulars dated 12th May, 2020, 15th January, 2021, 13th May, 2022, 5th January, 2023, 7th October, 2023, and 3rd October, 2024

Note on Regulatory Compliance

The Scrutinizer's report includes a note that the applicability of Section 188 of Companies Act, 2013 and Regulation 23 of SEBI(LODR) Regulations, 2015 regarding non-voting by interested parties has not been taken into account, and the management should declare results after considering these provisions.