Meeting Details
- Date: Friday, August 14, 2026
- Time: Commenced at 12:00 Noon (IST), concluded at 01:22 PM (IST)
- Location: Conducted through Video Conferencing / Other Audio-Visual Means
- Type: 32nd Annual General Meeting
Meeting Proceedings
Shri Neeraj Parakh, Executive Director, Chief Executive Officer and Chief Financial Officer, chaired the meeting. Directors, Statutory Auditors, Secretarial Auditors, Cost Auditors and KMPs were present. The Company Secretary read the audit qualification in the consolidated financial statements. Members raised queries and shared comments, with replies provided by the Chairman.
Resolutions Considered
Ordinary Business
1. Consideration and adoption of: a) audited financial statement for FY ended March 31, 2026 with reports of Board of Directors and Auditors; b) audited consolidated financial statement for FY ended March 31, 2026 with report of Auditors
2. Appointment of Director in place of Shri Sachin Mohapatra (DIN: 07791421) who retires by rotation
3. Appointment of Statutory Auditors and fixation of their remuneration
Special Business
4. Remuneration to Cost Auditors
5. Appointment of Dr. Avinash Gupta (DIN: 02784546) as an Independent Director
6. Issue of securities through Qualified Institutions Placement
7. Issue of Non-Convertible Debentures
All seven resolutions were passed with requisite majority and deemed passed on August 14, 2026.
Voting Process
- Method: Remote e-voting facilitated by KFin Technologies Limited (KFintech)
- Voting Period: Monday, August 10, 2026 (10:00 AM IST) to Thursday, August 13, 2026 (5:00 PM IST)
- Scrutinizer: Shri Anil Lohia or in his absence Shri Khushit Jain, Partners, M/s. Dayal and Lohia, Chartered Accountants
- Additional Voting: E-voting was reopened during the meeting for members who hadn't voted earlier, closing at 01:37 PM IST (15 minutes after meeting conclusion)
Voting Outcomes
All resolutions passed with requisite majority. Specific vote counts and percentages are not provided in this disclosure. Results are being disseminated to stock exchanges and uploaded on the company website and KFintech website.
Compliance Statement
The meeting was conducted in compliance with the provisions of the Companies Act, 2013 and circulars issued by the Ministry of Corporate Affairs regarding virtual meetings.
Note
The document explicitly states that this is not the minutes of the proceedings but a gist of the AGM proceedings.