Meeting Details

The 36th Annual General Meeting was held on Thursday, September 10, 2026, at 04:00 PM through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).

Shareholder Participation

  • Total number of shareholders as on record date: 5,321
  • Shareholders present in the meeting: Promoters and Promoters Group: 23, Public: 8
  • Total shareholders attended through video conferencing: 31

Voting Results Overview

Total outstanding shares: 9,000,000

Total votes polled: 6,577,289 (73.0810% of outstanding shares)

Resolution Details

Item 1: Adoption of Financial Statements

  • Resolution Type: Ordinary
  • Purpose: To receive, consider, and adopt the Standalone and Consolidated Financial Statements as of 31st March 2026, including Audited Balance Sheet, Audited Statement of Profit and Loss, Statement of Cash Flow, and reports of Board of Directors and Auditors
  • Promoter interest: No
  • Votes in favor: 6,577,289 (100.00%)
  • Votes against: 0 (0.00%)
  • Shareholder approval: 30 members voted, all in favor

Item 2: Re-appointment of Director

  • Resolution Type: Ordinary
  • Purpose: To appoint Mr. John Cherian (DIN: 10530786), Non-Executive Non-Independent Director, who retires by rotation and offers himself for re-appointment
  • Promoter interest: No
  • Votes in favor: 6,577,289 (100.00%)
  • Votes against: 0 (0.00%)
  • Shareholder approval: 30 members voted, all in favor

Item 3: Ratification of Cost Auditors Remuneration

  • Resolution Type: Ordinary
  • Purpose: Ratification of Remuneration of Cost Auditors of the Company for the Year 2026-27
  • Promoter interest: No
  • Votes in favor: 6,577,289 (100.00%)
  • Votes against: 0 (0.00%)
  • Shareholder approval: 30 members voted, all in favor

Item 4: Related Party Transaction Approval

  • Resolution Type: Ordinary
  • Purpose: Approval of Material Related Party Contracts/Arrangements/Transactions with Shri Bajrang Power and Ispat Limited
  • Promoter interest: No
  • Votes in favor: 6,131,595 (93.20%)
  • Votes against: 0 (0.00%)
  • Abstained: 445,694 (6.78%)
  • Shareholder approval: 29 members voted in favor

Item 5: Related Party Transaction Approval

  • Resolution Type: Ordinary
  • Purpose: Approval of Material Related Party Contracts/Arrangements/Transactions with Shri Bajrang Chemical Distillery LLP
  • Promoter interest: No
  • Votes in favor: 6,131,595 (93.20%)
  • Votes against: 0 (0.00%)
  • Abstained: 445,694 (6.78%)
  • Shareholder approval: 29 members voted in favor

Item 6: Re-appointment of Independent Director

  • Resolution Type: Special
  • Purpose: Re-appointment of Mr. Anshul Dave (DIN: 05123750) as an Independent Director of the Company for a Second Term
  • Promoter interest: No
  • Votes in favor: 6,577,289 (100.00%)
  • Votes against: 0 (0.00%)
  • Shareholder approval: 30 members voted, all in favor

Scrutinizer Report Details

  • Scrutinizer: Mr. Anand Sahu, Practicing Company Secretary (Membership No. 7670, Certificate of Practice - 6023)
  • Cut-off date for voting rights: September 3, 2026
  • Remote e-voting period: September 7, 2026 (9:00 AM) to September 9, 2026 (5:00 PM)
  • E-voting platform provider: MUFG Intime India Private Limited (MUFG)
  • Total members who cast votes through remote e-voting: 30
  • Notice publication: Business Standard (English) and Chhattisgarh (Hindi) newspapers on August 18, 2026
  • Notice dispatch date: August 17, 2026

Outcome

All six resolutions (Items 1-6) contained in the Notice dated August 17, 2026, have passed with requisite majority.