Meeting Details

The 22nd Annual General Meeting was held on Monday, August 24, 2026 at 03:00 P.M. through Video Conferencing/Other Audio Visual Means on the National Securities Depository Limited (NSDL) virtual platform.

Voting Results Overview

Total outstanding shares: 10,058,400

Total votes polled: 8,172,522 (81.2507% of outstanding shares)

Resolution Details

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary Resolution
  • Promoter interest: No
  • Total votes: 8,172,522 (100% in favor)
  • Result: Passed

Resolution 2: Appointment of Mr. Bimalkumar Rajkumar Bansal (DIN:00029307) as Managing Director

  • Type: Ordinary Resolution
  • Promoter interest: Not specified
  • Public non-institutions votes: 671,162 shares (26.2476% of holdings)
  • Votes in favor: 670,662 (99.9255%)
  • Votes against: 500 (0.0745%)
  • Result: Passed

Resolution 3: Re-appointment of Mrs. Rachana Agarwal (DIN:08081299) as Independent Director

  • Type: Special Resolution
  • Promoter interest: No
  • Total votes: 8,172,522
  • Votes in favor: 8,172,022 (99.9939%)
  • Votes against: 500 (0.0061%)
  • Result: Passed

Resolution 4: Cancellation of Employee Stock Option Scheme

  • Type: Special Resolution
  • Promoter interest: No
  • Total votes: 8,172,522
  • Votes in favor: 8,172,022 (99.9939%)
  • Votes against: 500 (0.0061%)
  • Result: Passed

Resolutions 5-13: Material Related Party Transactions

All resolutions 5 through 13 were ordinary resolutions concerning material related party transactions with various promoter family members and HUFs. All showed identical voting patterns from public non-institutional shareholders:

  • Votes cast: 671,162 shares
  • Votes in favor: 670,662 (99.9255%)
  • Votes against: 500 (0.0745%)
  • All resolutions passed

Related parties include:

  • Mr. Bimalkumar Rajkumar Bansal
  • Mr. Sourabh Bimalkumar Bansal
  • Mr. Siddharth Bimal Bansal
  • Mrs. Bala Bimalkumar Bansal
  • Mrs. Shalini Siddharth Bansal
  • Mrs. Shweta Sourabh Bansal
  • Bimalkumar Rajkumar Bansal (HUF)
  • Sourabh Bimalkumar Bansal (HUF)
  • Siddharth Bimalkumar Bansal (HUF)

Scrutinizer Report Details

Scrutinizer: Ranjit Binod Kejriwal, Practicing Company Secretary (Membership No. 6116)

E-voting period: August 21, 2026 (09:00 AM) to August 23, 2026 (05:00 PM)

Cut-off date: August 17, 2026

Votes unblocked: August 24, 2026 at 04:23 PM in presence of witnesses Mr. Pioush Tiwari and Ms. Kajal Saraf

Location

Surat, Gujarat