Meeting Details

The 47th Annual General Meeting was held on Thursday, 20th August, 2026 at 11:00 AM through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The meeting commenced at 11:00 AM and concluded at 11:48 AM.

Scrutinizer Appointment

Mr. Narayan Parekh, Partner of M/s PRS Associates, Company Secretaries, was appointed as Scrutinizer to scrutinize the Remote E-Voting and E-voting process at the AGM.

Shareholder Base

Total number of shareholders as on cut-off date (Thursday, 13th August, 2026): 2,817

Meeting Attendance

  • Total shareholders present in meeting either in person or through proxy: Not specified (marked with Ω symbol)
  • Number of shareholders attended through video conferencing: 28
  • Promoter and Promoter Group: 17
  • Public: 11

Voting Results Summary

All six resolutions set out in the Notice of the 47th Annual General Meeting were passed with requisite majority:

Resolution 1: Ordinary Resolution

To receive, consider and adopt the Audited Financial Statements for FY ended 31st March, 2026

  • Total votes polled: 31,02,129 (61.87% of outstanding shares)
  • Votes in favor: 31,02,118 (99.99% of votes polled)
  • Votes against: 10 (0.01% of votes polled)

Resolution 2: Ordinary Resolution

To appoint Mr. Hemant Ranawat (DIN: 00794870) as director retiring by rotation

  • Total votes polled: 31,02,129 (61.87% of outstanding shares)
  • Votes in favor: 31,02,118 (99.99% of votes polled)
  • Votes against: 10 (0.01% of votes polled)

Resolution 3: Special Resolution

Re-appointment of Mr. Vimalchand Jain as Managing Director for 3 years

  • Total votes polled: 31,02,129 (61.87% of outstanding shares)
  • Votes in favor: 31,02,118 (99.99% of votes polled)
  • Votes against: 10 (0.01% of votes polled)

Resolution 4: Ordinary Resolution

Appointment of Mr. Vinit Ranawat (DIN: 00778655) as Non-Executive Non-Independent Director

  • Total votes polled: 31,02,129 (61.87% of outstanding shares)
  • Votes in favor: 31,02,118 (99.99% of votes polled)
  • Votes against: 10 (0.01% of votes polled)

Resolution 5: Special Resolution

Appointment of Mr. Arvind Joshi (DIN: 11529707) as Non-Executive Independent Director

  • Total votes polled: 31,02,129 (61.87% of outstanding shares)
  • Votes in favor: 31,02,118 (99.99% of votes polled)
  • Votes against: 10 (0.01% of votes polled)

Resolution 6: Special Resolution

Appointment of Mrs. Kavita Jain (DIN: 11530039) as Non-Executive Independent Director

  • Total votes polled: 31,02,129 (61.87% of outstanding shares)
  • Votes in favor: 31,02,118 (99.99% of votes polled)
  • Votes against: 10 (0.01% of votes polled)

Share Capital Structure

Total outstanding shares: 50,13,600

Breakdown by category:

  • Promoter and Promoter Group: 31,17,730 shares (62.18%)
  • Public Institutions: 43,800 shares (0.87%)
  • Public Non-Institutions: 18,52,070 shares (36.95%)

Voting Process Details

Remote E-Voting Period

Monday, 17th August, 2026 from 9:00 AM IST to Wednesday, 19th August, 2026 till 5:00 PM IST

Voting Agency

National Securities Depository Limited (NSDL) provided the platform for remote e-voting and e-voting at the AGM

Result Declaration

Voting results were unblocked at 2:05 PM on Thursday, 20th August, 2026 in the presence of witnesses Mr. Sanjay Shringarpure and Mr. Rajan Shedekar

Communication Details

Notice of AGM was published in Financial Express (English) and Mumbai Lakshadweep (Marathi) on 29th July, 2026. The notice was hosted on company website, NSDL platform, and BSE website on 28th July, 2026.

Email notices were sent to 1,144 members with registered email IDs, and web link intimations were sent to 1,672 members without registered email IDs.

Scrutinizer's Report

Mr. Narayan Parekh submitted the Scrutinizer's Report confirming the voting process was conducted fairly and transparently. All relevant records will be handed over to the Company Secretary for safe keeping.