Meeting Details

The 18th Annual General Meeting was held on Thursday, 10th September 2026 through Video Conferencing/Other Audio-Visual Means (VC/OAVM) from 11:00 AM to 11:57 AM. The record date for the meeting was 4th September 2026.

Shareholder Participation

Total number of shareholders on record date: 29,808

Shareholders attending through video conferencing:

  • Promoters and Promoter Group: 4
  • Public: 63

No shareholders were present in person or through proxy.

Scrutinizer Appointment

Mr. Vasant Patel of M/s. Vasant Patel & Associate (Membership Number: 8530) was appointed as Scrutinizer by the Board of Directors on 11th August 2026. The scrutinizer's report was issued to the company on 10th September 2026.

Voting Results Summary

All six resolutions were passed with requisite majority. Total votes cast: 30,151,261 shares (75.38% of outstanding shares).

Resolution Details

Resolution 1: Ordinary Resolution

  • Description: To receive, consider and adopt the Audited Standalone Financial Statements for the financial year ended March 31, 2026, the Auditors' Report thereon and the Board of Directors' Report
  • Promoter voting: 29,999,700 votes in favor (100%), 0 against
  • Public Institutions: 62,048 votes in favor (100%), 0 against
  • Public Non-Institutions: 89,510 votes in favor (99.9966%), 3 against (0.0034%)
  • Total: 30,151,258 votes in favor (100%), 3 against

Resolution 2: Ordinary Resolution

  • Description: To appoint a Director in place of Mr. Rajendrakumar Kantilal Zaveri (DIN: 02022264) who was retiring by rotation
  • Promoter voting: 29,999,700 votes in favor (100%), 0 against
  • Public Institutions: 62,048 votes in favor (100%), 0 against
  • Public Non-Institutions: 89,510 votes in favor (99.9966%), 3 against (0.0034%)
  • Total: 30,151,258 votes in favor (100%), 3 against

Resolution 3: Special Resolution

  • Description: To create charge/mortgage on the properties of the company by the board of directors for the purpose of borrowing under section 180(1)(a) of the Companies Act, 2013
  • Total votes cast: 30,151,211
  • Votes in favor: 30,151,208 (99.999%)
  • Votes against: 3 (0.001%)

Resolution 4: Special Resolution

  • Description: To increase the limits of borrowing by the board of directors of the company under section 180(1)(c) of the Companies Act, 2013
  • Votes in favor: 30,151,178 shares (99.999%)
  • Votes against: 83 shares (0.001%)

Resolution 5: Special Resolution

  • Description: Revision in the terms of remuneration payable to Executive Directors
  • Promoters interested: Yes
  • Votes in favor: 30,150,878 shares (99.999%)
  • Votes against: 383 shares (0.001%)

Resolution 6: Special Resolution

  • Description: [Not explicitly stated in scrutinizer report but appears identical to Resolution 4 based on voting pattern]
  • Votes in favor: 30,151,178 shares (99.999%)
  • Votes against: 83 shares (0.001%)

Scrutinizer Report Details

The remote e-voting period commenced from 7th September 2026 at 9:00 AM IST and ended on 9th September 2026 at 5:00 PM IST. The company used NSDL as the e-voting service provider. After closure of e-voting during the AGM, votes were unblocked and counted by the scrutinizer in the presence of two witnesses: Ms. Aastha Jain and Mr. Harsh Patel.