Meeting Details

  • Date: Wednesday, August 5, 2026
  • Time: 11:30 A.M. IST
  • Location: Conducted through video conferencing/other audio-visual means
  • Type: Annual General Meeting

Proposed Resolutions and Implications

The following seven resolutions were transacted at the meeting:

1. Adoption of Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with Reports of Board of Directors and Auditors

2. Declaration of Final Dividend of ₹1 per equity share (10%) for FY ended March 31, 2026 (Ordinary Resolution)

3. Re-appointment of Mr. Ramakrishna Sataluri (DIN: 08903553) who retires by rotation (Ordinary Resolution)

4. Re-appointment of Mr. Dinesh Patidar (DIN: 00549552) as Chairman cum Whole Time Director for three years (Special Resolution)

5. Re-appointment of Mr. Ramesh Patidar (DIN: 00931437) as Managing Director for three years (Special Resolution)

6. Revision in remuneration payable to Mr. Sunil Patidar (DIN: 02561763), Whole Time Director (Special Resolution)

7. Ratification and confirmation of payment of Remuneration of Cost Auditors for Financial Year 2026-27 (Ordinary Resolution)

Voting Process and Methods

  • Remote e-voting facility was offered to members from Saturday, August 1, 2026 at 9:00 A.M. until Tuesday, August 4, 2026 at 5:00 P.M. (IST)
  • E-voting facility was also provided during the AGM and for 15 minutes post-conclusion of AGM for members who had not cast votes through remote e-voting
  • M/s. M. Maheshwari & Associates, Practicing Company Secretaries, was appointed as Scrutinizer to scrutinize votes cast through both remote e-voting and e-voting during the meeting

Key Meeting Proceedings

  • The meeting commenced at 11:30 A.M. with CS Ravi Patidar, Company Secretary & Compliance Officer, confirming requisite quorum was present throughout
  • Mr. Dinesh Patidar, Chairman of the Meeting, delivered a speech highlighting the company's business performance and future prospects
  • Shareholders asked questions regarding future growth prospects, new innovations, and business strategy, which were addressed by the Chairman, Managing Director, and Chief Financial Officer
  • The meeting concluded at 12:09 P.M.

Results Declaration and Compliance

  • Results of e-voting to be declared within two working days from conclusion of AGM based on Scrutinizer's Report
  • Results and Scrutinizer's Report will be intimated to Stock Exchanges per Listing Regulations and placed on company websites
  • E-voting results will also be uploaded on Central Depository Services (India) Limited website
  • The company confirmed the AGM was conducted in compliance with Companies Act, 2013, relevant Rules, and Secretarial Standards issued by ICSI