Meeting Details

The 45th Annual General Meeting was held on Wednesday, 30th September 2026 at 10:30 AM at the Registered Office of the Company at VPO: Rupana, Mahout Muktsar Road, Distt: Muktsar 152032, Punjab. The meeting concluded at 11:00 AM. Requisite quorum was present and the meeting was called to order by Dr. Ajay Satia, Chairman Cum Managing Director.

Proposed Resolutions and Implications

Four resolutions were transacted at the AGM:

1. Ordinary Business: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on March 31, 2026 along with Reports of the Auditors and Directors thereon.

2. Ordinary Business: To declare Final dividend for Financial Year 2025-26 of 40% (Rs. 0.40 per equity share) of Rs.1 each on the paid up equity share capital of the company.

3. Special Business: To appoint a director in place of Mr. Chirag Satia, (DIN No 03426414) Executive Director who retires by rotation, being eligible and offer himself for re-appointment.

4. Special Business: To ratify the remuneration to Cost Auditors.

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting facility provided by CDSL through https://www.evotingindia.com
  • Physical ballots at the venue of the AGM

The remote e-voting period was from Sunday, September 27th 2026 at 09:00 AM to Tuesday, September 29th 2026 at 5:00 PM. The cut-off date for determining members entitled to vote was Wednesday, September 23rd 2026.

Key Voting Outcomes

Record Date Statistics:

  • Total number of shareholders on record date: 50,069
  • Number of shareholders present at meeting: 58 (Public category)
  • No shareholders attended through video conferencing

Overall Voting Participation:

  • Total shares outstanding: 100,000,000
  • Total votes polled: 15,610,802 (15.6108% of outstanding shares)

Resolution-wise Results:

Resolution 1 (Adoption of Financial Statements):

  • Total votes in favor: 15,610,727 (99.9995% of votes polled)
  • Total votes against: 75 (0.0005% of votes polled)
  • Resolution: Passed

Resolution 2 (Final Dividend Declaration):

  • Total votes in favor: 15,610,727 (99.9995% of votes polled)
  • Total votes against: 75 (0.0005% of votes polled)
  • Resolution: Passed

Resolution 3 (Re-appointment of Mr. Chirag Satia):

  • Total votes in favor: 15,551,447 (99.6198% of votes polled)
  • Total votes against: 59,355 (0.3802% of votes polled)
  • Resolution: Passed
  • Promoter/promoter group was interested in this resolution: Yes

Resolution 4 (Ratification of Cost Auditors' Remuneration):

  • Total votes in favor: 15,610,727 (99.9995% of votes polled)
  • Total votes against: 75 (0.0005% of votes polled)
  • Resolution: Passed

Category-wise Voting Breakdown:

  • Promoter and Promoter Group: Held 52,460,389 shares (52.46%), voted 0 shares (0% participation)
  • Public Institutions: Held 919,280 shares (0.92%), voted 0 shares (0% participation)
  • Public Non-Institutions: Held 46,620,331 shares (46.62%), voted 15,610,802 shares (33.485% participation)

Scrutinizer's Role and Findings

Mr. Gourav Bansal of Gourav Bansal & Associates (Chartered Accountant, Membership No. 521188) was appointed as Scrutinizer by the Board of Directors on 14-08-2026. His report dated 30.09.2026 confirmed:

  • All resolutions were passed by requisite majority
  • The electronic data containing records of voting were handed over to the Company Secretary for safe keeping
  • No invalid votes were cast in any resolution

Compliance Confirmation

The disclosure confirms compliance with:

  • Regulation 30 and Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014

Additional Information

The company is registered under CIN: L21012PB1980PLC004329 and is an ISO 9001, 14001 & 45001 certified manufacturer of quality writing, printing & specialty paper.