Meeting Details

The 92nd Annual General Meeting was held on 31st July, 2026, through Video Conferencing/Other Audio-Visual Means with the deemed venue at Pachpahar Road, Bhawanimandi - 326502 (Rajasthan). The meeting commenced at 3:00 PM IST. Shareholders present through video conferencing included 12 from Promoters & Promoter Group and 59 from Public category.

Proposed Resolutions and Implications

Five resolutions were proposed for shareholder approval:

1. Ordinary Resolution: Adoption of Standalone Audited Financial Statements as at 31st March, 2026, with Reports of Auditors and Directors

2. Ordinary Resolution: Adoption of Consolidated Audited Financial Statements as at 31st March, 2026, with Reports of Auditors

3. Ordinary Resolution: Declaration of Dividend for financial year 2025-26

4. Ordinary Resolution: Re-appointment of Mr. C. S. Nopany (DIN 00014587) as Director liable to retire by rotation

5. Ordinary Resolution: Approval of Material Related Party Transactions pursuant to SEBI (LODR) Regulations, 2015

The promoter/promoter group was not interested in any of the agenda items/resolutions.

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting period: 27th July, 2026 (09:00 AM) to 30th July, 2026 (05:00 PM) via NSDL platform
  • E-voting during the AGM for shareholders present through VC/OAVM who had not cast votes earlier

The cut-off date for determining shareholders entitled to vote was 24th July, 2026.

Key Voting Outcomes

Resolution 1: Adoption of Standalone Financial Statements

  • Total votes cast: 8,478,610 (80.0181% of outstanding shares)
  • In favor: 8,477,699 votes (99.9893% of votes polled)
  • Against: 911 votes (0.0107% of votes polled)
  • Promoter & Promoter Group: 6,759,369 shares voted 100% in favor
  • Public Institutions: 15,402 shares, no votes cast
  • Public Non-Institutions: 1,719,241 votes cast (44.9935% of holdings), 99.9470% in favor

Resolution 2: Adoption of Consolidated Financial Statements

  • Total votes cast: 8,478,615 (80.0182% of outstanding shares)
  • In favor: 8,477,704 votes (99.9893% of votes polled)
  • Against: 911 votes (0.0107% of votes polled)
  • Voting pattern similar to Resolution 1

Resolution 3: Declaration of Dividend

  • Total votes cast: 8,478,615 (80.0182% of outstanding shares)
  • In favor: 8,477,704 votes (99.9893% of votes polled)
  • Against: 911 votes (0.0107% of votes polled)
  • Voting pattern similar to Resolution 1

Resolution 4: Re-appointment of Director

  • Total votes cast: 8,478,610 (80.0181% of outstanding shares)
  • In favor: 8,477,499 votes (99.9869% of votes polled)
  • Against: 1,111 votes (0.0131% of votes polled)
  • Public Non-Institutions: 1,719,241 votes cast, 99.9354% in favor

Resolution 5: Material Related Party Transactions

  • Total votes cast: 1,719,096 (44.9897% of Public Non-Institution holdings)
  • In favor: 1,717,935 votes (99.9325% of votes polled)
  • Against: 1,161 votes (0.0675% of votes polled)
  • Remote e-voting: 73 members voted in favor (1,717,926 votes), 3 members voted against (911 votes)
  • E-voting during AGM: 250 votes cast

Scrutinizer's Role and Findings

CS Rajendra Chouhan of CSM & Co. was appointed as Scrutinizer to ensure fair and transparent voting process. Key observations:

  • 89 shareholders cast votes through remote e-voting
  • 7 shareholders cast votes through e-voting during the AGM
  • No invalid votes were recorded across all categories
  • All resolutions passed with requisite majority
  • All relevant voting records remain in Scrutinizer's custody until minutes are approved

The Scrutinizer confirmed that shareholders who abstained from voting were not considered in the results.

Compliance Confirmation

The voting process complied with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended. The company followed MCA Circulars regarding electronic voting procedures.