Meeting Details
The 32nd Annual General Meeting was held on Saturday, September 19, 2026 at 12:00 P.M. through Video Conferencing (VC) or Other Audio Visual Means (OAVM).
Resolutions Passed
All seven resolutions were passed by shareholders with requisite majority:
Ordinary Business
1. Adoption of Financial Statements - Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors
- Votes in favor: 99.9755% | Against: 0.0245%
- Promoter voting: 100% in favor | Public institutions: 100% in favor | Other public: 98.0875% in favor
2. Re-appointment of Mrs. Neha Agarwal (DIN: 07540311) as Director retiring by rotation
- Votes in favor: 99.9693% | Against: 0.0307%
- Promoter voting: 100% in favor | Public institutions: 100% in favor | Other public: 97.9093% in favor
3. Increase in Authorised Share Capital of the Company
- Votes in favor: 99.9755% | Against: 0.0245%
- Promoter voting: 100% in favor | Public institutions: 100% in favor | Other public: 98.0875% in favor
4. Ratification of remuneration of Cost Auditors for financial year 2026-27
- Votes in favor: 99.9755% | Against: 0.0245%
- Promoter voting: 100% in favor | Public institutions: 100% in favor | Other public: 98.0875% in favor
Special Business
5. Payment of Remuneration to Mr. Akhilesh Kumar Jain (DIN: 03466588), Non-Executive Director
- Votes in favor: 99.9719% | Against: 0.0281%
- Promoter voting: 100% in favor | Public institutions: 100% in favor | Other public: 97.8060% in favor
6. Grant loans, give guarantees to subsidiary companies and provide security in connection with loans taken by subsidiaries pursuant to Section 185 of Companies Act, 2013
- Votes in favor: 97.9625% | Against: 2.0375%
- Promoter voting: 0% participation | Public institutions: 100% in favor | Other public: 97.8060% in favor
7. Approval of Material Related Party Transactions with Subsidiaries
- Votes in favor: 98.0584% | Against: 1.9416%
- Promoter voting: 0% participation | Public institutions: 100% in favor | Other public: 97.9092% in favor
Voting Process Details
- Scrutinizer: CS Manoj Maheshwari (M. No.: FCS 3355) of V. M. & Associates appointed at Board Meeting on August 12, 2026
- Service Provider: Central Depository Services (India) Limited (CDSL) provided e-voting facilities
- Remote e-voting period: September 15, 2026 (9:00 AM) to September 18, 2026 (5:00 PM)
- Record date: September 12, 2026
- Total shareholders: 8,430 as of August 21, 2026 (internal cut-off date for notice dispatch)
- Share capital: 1,05,81,870 shares outstanding
- Promoter holding: 54,96,655 shares (51.95%)
- Public holding: 50,85,215 shares (48.05%)
- Total voting turnout: 52.14% of outstanding shares
Communication Details
- Notice of AGM dispatched by email to 8,200 members on August 26, 2026
- Physical letters sent to 230 members without registered email IDs
- Advertisement published in Financial Express (English) and Business Remedies (vernacular) on August 27, 2026