Meeting Details
The 37th Annual General Meeting was held on Friday, September 18, 2026 at 3:30 p.m. through Video Conferencing (VC) or other audio visual means (OAVM). Remote e-voting was conducted during the period September 14, 2026 to September 17, 2026.
Resolution 1: Ordinary Resolution - Re-appointment of Director
Description: To appoint Mr. Neville Tata (DIN:00036648), who retires by rotation at this Annual General Meeting and being eligible offers himself for re-appointment as Director of the Company.
Voting Results:
- Total Shares Outstanding: 107,403,971
- Total Votes Polled: 59,156,228 (55.0783% of outstanding shares)
- Votes in Favor: 59,135,812 (99.9655% of votes polled)
- Votes Against: 20,416 (0.0345% of votes polled)
- Invalid Votes: 0
Category-wise Breakdown:
- Promoter and Promoter Group:
- Shares Held: 66,519,040
- Votes Polled: 53,616,580 (80.6034% of shares held)
- Votes in Favor: 53,616,580 (100% of votes polled)
- Votes Against: 0
- Public Institutions:
- Shares Held: 4,801,085
- Votes Polled: 1,971,106 (41.0554% of shares held)
- Votes in Favor: 1,950,735 (98.9665% of votes polled)
- Votes Against: 20,371 (1.0335% of votes polled)
- Public Non-Institutions:
- Shares Held: 36,083,846
- Votes Polled: 3,568,542 (9.8896% of shares held)
- Votes in Favor: 3,568,497 (99.9987% of votes polled)
- Votes Against: 45 (0.0013% of votes polled)
Resolution 2: Special Resolution - Management Consultancy Fee Increase
Description: To approve the increase in management consultancy fee of Mr. Hitesh Shah (DIN:00036338).
Voting Results:
- Total Shares Outstanding: 107,403,971
- Total Votes Polled: 55,806,228 (51.9592% of outstanding shares)
- Votes in Favor: 55,806,033 (99.9997% of votes polled)
- Votes Against: 195 (0.0003% of votes polled)
- Invalid Votes: 3,350,000
Category-wise Breakdown:
- Promoter and Promoter Group:
- Shares Held: 66,519,040
- Votes Polled: 50,266,580 (75.5672% of shares held)
- Votes in Favor: 50,266,580 (100% of votes polled)
- Votes Against: 0
- Invalid Votes: 3,350,000
- Public Institutions:
- Shares Held: 4,801,085
- Votes Polled: 1,971,106 (41.0554% of shares held)
- Votes in Favor: 1,971,106 (100% of votes polled)
- Votes Against: 0
- Public Non-Institutions:
- Shares Held: 36,083,846
- Votes Polled: 3,568,542 (9.8896% of shares held)
- Votes in Favor: 3,568,347 (99.9945% of votes polled)
- Votes Against: 195 (0.0055% of votes polled)
Compliance Officer
The disclosure was signed by CS Vishal Dhokar, Company Secretary & Compliance Officer, on September 18, 2026 at 21:10:57 +05'30'.