Meeting Details
The 41st Annual General Meeting was held on Friday, September 18, 2026 at 11:30 A.M. (IST) through Video Conferencing/Other Audio Visual Means. The cut-off date for determining shareholders entitled to vote was Friday, September 11, 2026. There were 61,215 shareholders on record date.
Voting Process
The remote e-voting period commenced on Tuesday, September 15, 2026 at 9:00 A.M. (IST) and ended on Thursday, September 17, 2026 at 5:00 P.M. (IST). National Securities Depository Limited (NSDL) provided the e-voting platform. A total of 235 members cast their votes, with 231 through remote e-voting and 4 through e-voting during the AGM. All votes were valid.
Resolution Outcomes
All seven resolutions (four Ordinary and three Special) proposed in the Notice dated May 26, 2026 were approved with requisite majority:
Ordinary Business:
1. Adoption of Financial Statements: Approved with 99.9959% votes in favor (6,03,95,866 shares for, 248 shares against)
2. Declaration of Dividend: Approved 300% dividend of ₹3 per equity share (face value ₹1 each) for FY26 with 99.9959% votes in favor (6,04,07,134 shares for, 2,476 shares against)
3. Re-appointment of Mr. Prahalad Rai Agarwala (DIN: 00847452): Approved with 99.9100% votes in favor (5,82,03,159 shares for, 52,445 shares against)
4. Re-appointment of Mr. Niraj Kabra (DIN: 08067989): Approved with 99.9632% votes in favor (6,03,85,725 shares for, 22,257 shares against)
Special Business:
5. Re-appointment of Mr. Vikash Agarwal (DIN: 00230728) as Whole-time Director for 5 years from May 23, 2027: Approved with 99.9620% votes in favor (5,85,02,263 shares for, 22,247 shares against)
6. Re-appointment of Mr. Sunil Rewachand Chandiramani (DIN: 00524035) as Independent Director for second term of 5 years from May 23, 2027: Approved with 99.9957% votes in favor (6,04,05,494 shares for, 2,616 shares against)
7. Revision in remuneration term of Mr. Niraj Kabra effective April 1, 2026: Approved with 99.9627% votes in favor (6,03,85,574 shares for, 22,536 shares against)
Shareholder Voting Patterns
Detailed breakdown by shareholder category shows overwhelming support from Promoter & Promoter Group (99.45% participation, 100% in favor on most resolutions). Public Institutional holders participated at 96.84% rate, also showing strong support. Public Non-Institutional holders showed lower participation (0.08%) and some dissent on director appointments and remuneration resolutions.
Scrutinizer Appointment
Mr. Raj Kumar Banthia, Partner of MKB & Associates, Practicing Company Secretaries, was appointed as Scrutinizer by the Board of Directors at their meeting held on May 26, 2026.
Documentation
The voting results and scrutinizer's report will be available on the company's website at www.rupa.co.in.
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