Meeting Details

The 8th Annual General Meeting was held on Friday, 21st August, 2026 at 11:30 A.M. IST through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The deemed venue was the Registered Office at H-1, Scheme No. 54, Vijay Nagar, Indore, Madhya Pradesh - 452010, India.

Voting Process Details

  • Cut-off Date: 14th August, 2026 for determining voting entitlements
  • Remote e-Voting Agency: Central Depository Services Limited (CDSL)
  • Remote e-Voting Period: 18th August, 2026 at 9:00 A.M. IST to 20th August, 2026 at 5:00 P.M. IST
  • Scrutinizer: Neelesh Gupta & Co., Company Secretaries (Membership No. FCS 6381)
  • Total Shareholders on Record Date: 2,706
  • Shareholders Present through VC: 30 (3 Promoters/Promoter Group, 27 Public)

Voting Results

All five resolutions were passed with 100% votes in favor:

Item No. 1 - Adoption of Audited Financial Statements

  • Resolution Type: Ordinary Resolution
  • Total Votes Polled: 2,114,651 shares (69.4101% of outstanding shares)
  • Votes in Favor: 2,114,651 shares (100%)
  • Promoter Group: 1,850,506 shares voted (77.773% of their holding)
  • Public Non-Institutions: 264,145 shares voted (39.5878% of their holding)

Item No. 2 - Re-appointment of Mr. Raoof Razak Dhanani (DIN: 00174654)

  • Resolution Type: Ordinary Resolution
  • Interested Parties: Mr. Raoof Razak Dhanani and relatives did not vote
  • Total Votes Polled: 1,746,013 shares (57.3101% of outstanding shares)
  • Votes in Favor: 1,746,013 shares (100%)
  • Promoter Group: 1,481,868 shares voted (62.2799% of their holding)
  • Public Non-Institutions: 264,145 shares voted (39.5878% of their holding)

Item No. 3 - Increase Borrowing Limits under Section 180(1)(c)

  • Resolution Type: Special Resolution
  • Borrowing Limit: ₹250 Crores (Rupees Two Hundred and Fifty Crores Only)
  • Total Votes Polled: 2,114,651 shares (69.4101% of outstanding shares)
  • Votes in Favor: 2,114,651 shares (100%)
  • Promoter Group: 1,850,506 shares voted (77.773% of their holding)
  • Public Non-Institutions: 264,145 shares voted (39.5878% of their holding)

Item No. 4 - Appointment of M/s DMJ & Partners as Secretarial Auditor

  • Resolution Type: Ordinary Resolution
  • Firm: M/s DMJ & Partners, Company Secretaries (PAN: ABAFP6878N)
  • Term: Five consecutive years from conclusion of 8th AGM till conclusion of 13th AGM
  • Total Votes Polled: 2,114,651 shares (69.4101% of outstanding shares)
  • Votes in Favor: 2,114,651 shares (100%)
  • Promoter Group: 1,850,506 shares voted (77.773% of their holding)
  • Public Non-Institutions: 264,145 shares voted (39.5878% of their holding)

Item No. 5 - Appointment of Mohammed Yusuf Abdul Razak Dhanani (DIN: 10550544)

  • Resolution Type: Ordinary Resolution
  • Position: Non-Executive Non-Independent Director
  • Originally appointed as Additional Director from 28th May, 2026
  • Interested Parties: Promoter/Promoter Group interested, did not vote
  • Total Votes Polled: 1,501,829 shares (49.2952% of outstanding shares)
  • Votes in Favor: 1,501,829 shares (100%)
  • Promoter Group: 1,406,461 shares voted (59.1107% of their holding)
  • Public Non-Institutions: 95,368 shares voted (14.293% of their holding)

Shareholding Pattern

  • Total Outstanding Shares: 3,046,605
  • Promoter and Promoter Group: 2,379,367 shares (78.13%)
  • Public Non-Institutions: 667,238 shares (21.87%)
  • Public Institutions: 0 shares

Additional Information

  • No invalid votes were cast in any resolution
  • No votes were cast through polling at the AGM (all voting done through remote e-voting)
  • The company published AGM notice advertisements in Financial Express (English) and Choutha Sansar (Hindi) on 31st July, 2026
  • Notice was hosted on company website and stock exchange websites on 30th July, 2026