Meeting Details

  • Date of Meeting: Wednesday, 30th September 2026
  • Time of Meeting: 09:30 A.M. IST
  • Location of Meeting: Registered Office of the Company at Plot No. 73-74, Phase-III, Industrial Area, Dharuhera, District-Rewari-123106
  • Type of Meeting: Annual General Meeting
  • Record Date: Wednesday, 23rd August 2026
  • Total Number of Members on Record Date: 40,989

Summary of Proposed Resolutions and Implications

Four resolutions were put to vote:

1. Ordinary Resolution 1(a & b): To receive, consider, and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended 31st March 2026, together with the reports of the Board of Directors and Auditors thereon.

2. Ordinary Resolution 2: Approval for the appointment of Mrs. Aarti Jain (DIN: 00143244) as a Director, who is liable to retire by rotation and offers herself for re-appointment.

3. Ordinary Resolution 3: To consider and approve the Related Party Transaction(s) entered with the Company for the financial year 2026-27.

4. Special Resolution 4: Approval for the acquisition of shares of Satelite Forgings Private Limited, a Related Party.

All resolutions were passed with the requisite majority.

Voting Process and Methods

  • The Company provided a facility for Remote E-voting through Central Depository Services (India) Limited (CDSL).
  • The remote e-voting period commenced at 09:00 A.M. IST on Sunday, 27th September 2026, and ended at 05:00 P.M. IST on Tuesday, 29th September 2026.
  • The Company also provided the facility for Venue Voting at the AGM for members who did not cast their vote via remote e-voting.
  • After the conclusion of the AGM, the votes cast via both methods were unblocked in the presence of two independent witnesses: Mr. Saurabh Agrawal and Ms. Mani Khurana.

Key Voting Outcomes

Overall Participation

  • Number of Resolutions Passed: 4
  • Number of members present at the meeting (in person or through proxy): 34 (all from the Public category; Promoter and Promoter Group had 0 attendees)

Resolution-Wise Results

ITEM NO. 1: Ordinary Resolution (Adoption of Financial Statements)

  • Total Valid Votes Polled: 133,962,581
  • Votes in Favor: 133,960,789 (100% of valid votes)
  • Votes Against: 1,792 (0% of valid votes)
  • Invalid Votes: 0
  • Result: Passed

ITEM NO. 2: Ordinary Resolution (Re-appointment of Aarti Jain)

  • Total Valid Votes Polled: 133,962,581
  • Votes in Favor: 133,960,439 (99.9984% of valid votes)
  • Votes Against: 2,142 (0.0016% of valid votes)
  • Invalid Votes: 0
  • Result: Passed

ITEM NO. 3: Ordinary Resolution (Related Party Transactions for FY27)

  • Total Valid Votes Polled: 133,962,581
  • Votes in Favor: 133,960,439 (99.9984% of valid votes)
  • Votes Against: 2,142 (0.0016% of valid votes)
  • Invalid Votes: 0
  • Result: Passed

ITEM NO. 4: Special Resolution (Acquisition of Satellite Forgings Shares)

  • Promoters were interested in this resolution and did not vote.
  • Total Valid Votes Polled: 194,930
  • Votes in Favor: 193,318 (99.17% of valid votes)
  • Votes Against: 1,612 (0.83% of valid votes)
  • Invalid Votes: 13,376,651 shares were treated as invalid on account of being interested in the resolution.
  • Result: Passed

Category-Wise Voting Breakdown (Resolution 1 as an example)

  • Promoter & Promoter Group: 127,460,400 shares voted; 100% in favor.
  • Public Institutions: 700 shares held; 0 votes polled.
  • Public Non-Institutions: 12,266,8900 shares held; 65,021,81 votes polled (5.3006% turnout); 99.9724% in favor.
  • Total Votes Polled: 133,962,581 (53.5572% of outstanding 250,131,000 shares)

Scrutinizer's Role and Findings

  • Scrutinizer: Sachin Khurana, Designated Partner of AASK and Associates LLP, Company Secretaries.
  • Role: To scrutinize the process of Remote E-voting and Venue Voting and ensure it was conducted fairly and transparently.
  • Findings: The scrutinizer confirmed that all resolutions were passed with the requisite majority. The results were generated via a secured link provided by CDSL.
  • The scrutinizer will return all voting registers and papers to the Company after the Chairman signs the AGM minutes.

Compliance Confirmation

  • The disclosure confirms compliance with Section 108 of the Companies Act, 2013, Rule 20 of The Companies (Management and Administration) Rules, 2014, Secretarial Standard on General Meetings (SS-2), and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • The management is responsible for the compliance framework and the robustness of the electronic voting system.
  • The notice of the AGM was sent via email on September 7, 2026, and advertisements were published in The Financial Express (English) and Jansatta (Hindi) on September 4 and September 8, 2026.