Summary of Disclosure

Nature of Event

The company has disclosed the proceedings and voting results of its 48th Annual General Meeting (AGM) held on 01st August, 2026, in compliance with SEBI Listing Regulations 30 and 44(3).

AGM Details

The 48th AGM was held on Saturday, 01st August, 2026 at 11:00 a.m. IST through Video Conferencing/Other Audio Visual Means. The meeting was chaired by Shri. Ramesh Poddar, Chairman and Managing Director. A total of 79 shareholders attended the meeting through VC/OAVM, comprising 14 from Promoter and Promoter Group and 65 public shareholders.

Business Transacted

Four ordinary resolutions were considered and approved:

1. Adoption of Financial Statements: Receipt, consideration, and adoption of Audited Financial Statements (including Consolidated) for FY ended March 31, 2026 and Reports of Board of Directors and Auditors

2. Dividend Declaration: Confirmation of Interim Dividends (including special dividend) paid and declaration of Final Dividend of ₹5 per share (250%) on Equity Shares for FY ended March 31, 2026

3. Director Re-appointment: Re-appointment of Shri. Pawan D. Poddar (DIN: 00090521) who retires by rotation

4. Cost Auditor Remuneration: Ratification of remuneration of ₹6,00,000/- (Rupees Six Lakhs Only) payable to M/s. K. G. Goyal & Associates, Cost Accountants (FRN 000024) as Cost Auditors for FY ending March 31, 2027

Voting Results

All resolutions were passed with requisite majority through remote e-voting (conducted between July 29-31, 2026) and e-voting at AGM (Instapoll):

  • Resolution 1 (Financial Statements): 32,267,845 votes polled (71.12% of outstanding shares), 32,267,824 in favor (100%), 21 against (0.0001%)
  • Resolution 2 (Dividend): 32,280,599 votes polled (71.15% of outstanding shares), 32,280,578 in favor (100%), 21 against (0.0001%)
  • Resolution 3 (Director Re-appointment): 31,522,177 votes polled (69.48% of outstanding shares), 31,522,020 in favor (99.9995%), 157 against (0.0005%)
  • Resolution 4 (Cost Auditor): 32,280,599 votes polled (71.15% of outstanding shares), 32,280,128 in favor (99.9985%), 471 against (0.0015%)

Dividend Details

The final dividend of ₹5 per share (250%) declared at the meeting will be paid on or after 07th August, 2026 but within the statutory time limit.

Scrutinizer Appointment

Shri. Prasen Naithani, Practicing Company Secretary, was appointed as Scrutinizer to supervise the remote e-voting and e-voting at AGM. The scrutinizer's report confirmed all resolutions passed with requisite majority.

Meeting Conclusion

The AGM concluded at 12:05 p.m. IST on 01st August, 2026.