Meeting Details

The 5th Annual General Meeting was held on Monday, September 21, 2026 at 1200 hours IST through Video Conferencing/Other Audio-Visual Means.

Voting Process Details

Remote e-voting commenced on Thursday, September 17, 2026 at 9:00 AM IST and ended on Sunday, September 20, 2026 at 5:00 PM IST. The cut-off date for determining e-voting eligibility was Monday, September 14, 2026. E-voting facility was also provided during the AGM, kept open for 15 minutes after conclusion of the meeting.

Scrutinizer Appointment

M/s Mehta and Mehta, Company Secretaries was appointed as Scrutinizer to scrutinize the remote e-voting process and e-voting during the AGM. The scrutinizer was Alifya Sapatwala, Partner (ACS No: 24091, COP No: 24895).

Resolution Results

All five ordinary resolutions were passed with requisite majority:

Resolution 1: Adoption of Financial Statements

  • To receive, consider and adopt the Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors, including C&AG comments under Section 143(6) of Companies Act, 2013
  • Votes in favor: 32,44,50,273 shares (100%)
  • Votes against: 9,835 shares (0%)
  • Total members voted: 414

Resolution 2: Dividend Declaration

  • To approve and declare Dividend of ₹0.55 per Equity Share of ₹10 each for Financial Year 2025-26
  • Votes in favor: 32,45,13,217 shares (100%)
  • Votes against: 8,567 shares (0%)
  • Total members voted: 418

Resolution 3: Director Re-appointment

  • To appoint Shri Venkatesapathy S (DIN: 07407879) who retires by rotation and offers himself for re-appointment
  • Votes in favor: 32,09,01,540 shares (99%)
  • Votes against: 36,20,080 shares (1%)
  • Total members voted: 387

Resolution 4: Auditor Remuneration Authorization

  • To authorize Board of Directors to fix remuneration of Statutory Auditors appointed by C&AG for FY 2026-27 based on Audit Committee recommendations
  • Votes in favor: 32,45,11,356 shares (100%)
  • Votes against: 10,314 shares (0%)
  • Total members voted: 411

Resolution 5: Director Appointment

  • Appointment of Shri Nitin Khamesra (DIN: 09595247) as Director (Finance) of the Company
  • Votes in favor: 32,15,09,271 shares (99%)
  • Votes against: 30,12,399 shares (1%)
  • Total members voted: 395

Shareholder Participation

Total number of shareholders on record date: 216,782

Number of shareholders attended through Video Conferencing: 63 (1 from Promoters and promoter Group, 62 Public)

No physical meeting or proxy appointment was arranged as the meeting was held through VC/OAVM.

Voting Breakdown by Category

Resolution 1 - Financial Statements Adoption:

  • Promoter & Promoter Group: 296,942,977 shares voted (100% in favor)
  • Public Institutions: 171,339 shares voted (94.26% in favor, 5.74% against)
  • Total shares voted: 324,450,273 (69.67% of outstanding shares)

Resolution 2 - Dividend Declaration:

  • Promoter & Promoter Group: 296,942,977 shares voted (100% in favor)
  • Public Institutions: 171,338 shares voted (95% in favor, 5% against)
  • Total shares voted: 324,513,217 (69.67% of outstanding shares)

Resolution 3 - Director Re-appointment:

  • Promoter & Promoter Group: 296,942,977 shares voted (100% in favor)
  • Public Institutions: 274,074,69 shares voted (89.06% in favor, 10.94% against)
  • Public-Non Institutions: 171,174 shares voted (91.54% in favor, 8.46% against)
  • Total shares voted: 324,521,620 (69.67% of outstanding shares)

Resolution 4 - Auditor Remuneration:

  • Promoter & Promoter Group: 296,942,977 shares voted (100% in favor)
  • Public Institutions: 274,074,69 shares voted (100% in favor)
  • Public-Non Institutions: 171,224 shares voted (93.98% in favor, 6.02% against)
  • Total shares voted: 324,521,670 (69.67% of outstanding shares)

Resolution 5 - Director Appointment:

  • Promoter & Promoter Group: 296,942,977 shares voted (100% in favor)
  • Public Institutions: 274,074,69 shares voted (89.06% in favor, 10.94% against)
  • Public-Non Institutions: 171,224 shares voted (92.14% in favor, 7.86% against)
  • Total shares voted: 324,521,670 (69.67% of outstanding shares)

Total Share Capital

Outstanding shares: 465,799,010

Scrutinizer Report

The scrutinizer's report confirmed the voting process was conducted in fair and transparent manner, with votes unblocked from NSDL e-voting website www.evoting.nsdl.com in presence of two witnesses: Mr. Lucky Yaduwanshi and Mr. Pranay Rane.