Meeting Details

The 42nd Annual General Meeting was held on Wednesday, September 16, 2026 from 03:30 P.M. to 03:47 P.M. through Video Conference (VC)/Other Audio Visual Means (OAVM).

Scrutinizer Details

  • Name: Chintan K Patel
  • Firm: Chintan K Patel
  • Qualification: Company Secretary (CS)
  • Membership Number: 31987
  • Date of Board Meeting Appointment: August 12, 2026
  • Date of Report Issuance to Company: August 12, 2026

Shareholder Data

  • Record Date: September 9, 2026
  • Total Number of Shareholders on Record Date: 84,748
  • Shareholders Attended Meeting via Video Conferencing: 56 (5 Promoters/Promoter Group, 51 Public)

Voting Results Summary

All 12 resolutions were passed with requisite majority. The remote e-voting period commenced on September 13, 2026 at 9:00 AM and ended on September 15, 2026 at 5:00 PM through CDSL's e-voting platform.

Resolution Details

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary Resolution
  • Total Votes Polled: 539,874,978 shares (100% participation)
  • Votes in Favor: 539,874,977 (100%)
  • Votes Against: 1 (0%)
  • Result: Passed

Resolution 2: Reappointment of Mr. Ashok C. Shah (DIN: 02467830)

  • Type: Ordinary Resolution
  • Total Votes Polled: 539,874,977 shares (100% participation)
  • Votes in Favor: 539,874,975 (100%)
  • Votes Against: 2 (0%)
  • Result: Passed

Resolution 3: Reappointment of Statutory Auditors and Remuneration Fixation

  • Type: Ordinary Resolution
  • Total Votes Polled: 539,874,977 shares (100% participation)
  • Votes in Favor: 539,874,975 (100%)
  • Votes Against: 2 (0%)
  • Result: Passed

Resolution 4: Reappointment of Mr. Shalin Ashok Shah (DIN: 00297447) as Managing Director

  • Type: Ordinary Resolution
  • Total Votes Polled: 539,874,977 shares (100% participation)
  • Votes in Favor: 539,874,975 (100%)
  • Votes Against: 2 (0%)
  • Result: Passed

Resolution 5: Regularization of Mrs. Jhanvi Vikas Sethi (DIN: 08593000) as Non-Executive Independent Director

  • Type: Ordinary Resolution
  • Total Votes Polled: 539,874,977 shares (100% participation)
  • Votes in Favor: 539,874,975 (100%)
  • Votes Against: 2 (0%)
  • Result: Passed

Resolution 6: Increase in Borrowing Limits under Section 180(1)(c)

  • Type: Ordinary Resolution
  • Total Votes Polled: 539,874,977 shares (100% participation)
  • Votes in Favor: 539,874,975 (100%)
  • Votes Against: 2 (0%)
  • Result: Passed

Resolution 7: Increase in Limits for Loans/Investments/Guarantees under Section 186

  • Type: Ordinary Resolution
  • Total Votes Polled: 539,874,977 shares (100% participation)
  • Votes in Favor: 539,874,975 (100%)
  • Votes Against: 2 (0%)
  • Result: Passed

Resolution 8: Related Party Transactions with Ashoka Metcast Limited

  • Type: Special Resolution
  • Promoter Group: Did not participate (0 votes)
  • Public Institutions Votes: 36,482,029 (100% in favor)
  • Public Non-Institutions Votes: 8,392,948 (100% in favor, 2 against)
  • Total Votes Polled: 44,874,977 shares (8.3121% participation)
  • Result: Passed

Resolution 9: Related Party Transactions with Ashnisha Industries Limited

  • Type: Special Resolution
  • Voting pattern identical to Resolution 8
  • Result: Passed

Resolution 10: Related Party Transactions with Lesha Industries Limited

  • Type: Special Resolution
  • Voting pattern identical to Resolution 8
  • Result: Passed

Resolution 11: Related Party Transactions with Gujarat Natural Resources Limited

  • Type: Special Resolution
  • Voting pattern identical to Resolution 8
  • Result: Passed

Resolution 12: Related Party Transactions with Lesha Ventures Private Limited

  • Type: Special Resolution
  • Voting pattern identical to Resolution 8
  • Result: Passed

Invalid Votes

No invalid votes were recorded across all shareholder categories for any resolution.