Meeting Details

  • Type of Meeting: Annual General Meeting (AGM)
  • Date: Tuesday, 15th September, 2026
  • Time: 11:30 AM to 12:58 PM (IST)
  • Mode: Conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Record Date: 8th September, 2026
  • Total Shareholders on Record Date: 94,056

Proposed Resolutions and Implications

Four ordinary resolutions were considered and approved:

1. Adoption of Financial Statements: To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated) of the Company for the Financial Year ended 31st March 2026 together with the reports of the Board of Directors and the Auditors thereon.

2. Dividend Declaration: To declare a dividend for the Financial Year ended 31st March 2026. The Board of Directors recommended a Dividend of 10% i.e. Rs. 0.10 per equity share of face value of Re. 1 each fully paid up.

3. Director Re-appointment: To appoint Mr. Siddharth Bansal (DIN: 02947929) who retires by rotation and being eligible, offers himself for re-appointment.

4. Ratification of Cost Auditors' Remuneration: To ratify remuneration of Cost Auditors for the Financial Year 2026-27.

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting facility offered by National Securities and Depositories Limited (NSDL)
  • Electronic voting during the AGM for shareholders who did not cast votes through remote e-voting
  • Remote e-voting period: Saturday, 12th September, 2026 at 09:00 AM (IST) to Monday, 14th September, 2026 at 05:00 PM (IST)
  • No physical polling or postal ballot was conducted
  • No proxies were allowed as per MCA and SEBI circulars for VC/OAVM meetings

Key Voting Outcomes

Overall Participation

  • Total votes cast: 79,169,214 shares (64.8251% of outstanding shares)
  • Total outstanding shares: 122,127,437
  • 159 members cast votes (154 through remote e-voting, 5 electronically during AGM)
  • All votes were valid (no invalid votes reported)

Resolution-wise Results

Resolution 1 - Adoption of Financial Statements

  • Total votes polled: 79,169,214 shares (64.8251%)
  • Votes in favor: 79,169,077 shares (99.9998%)
  • Votes against: 137 shares (0.0002%)
  • Promoter group: 74,656,030 shares voted (100% in favor)
  • Public institutions: 4,504,641 shares voted (100% in favor)
  • Public non-institutions: 8,543 shares voted (98.3963% in favor, 1.6037% against)

Resolution 2 - Dividend Declaration

  • Total votes polled: 79,174,151 shares (64.8291%)
  • Votes in favor: 79,174,013 shares (99.9998%)
  • Votes against: 138 shares (0.0002%)
  • Promoter group: 74,656,030 shares voted (100% in favor)
  • Public institutions: 4,509,679 shares voted (100% in favor)
  • Public non-institutions: 8,442 shares voted (98.3653% in favor, 1.6347% against)

Resolution 3 - Director Re-appointment

  • Total votes polled: 79,174,151 shares (64.8291%)
  • Votes in favor: 79,052,215 shares (99.8460%)
  • Votes against: 121,936 shares (0.1540%)
  • Promoter group: 74,656,030 shares voted (100% in favor)
  • Public institutions: 4,509,679 shares voted (97.2992% in favor, 2.7008% against)
  • Public non-institutions: 8,442 shares voted (98.3416% in favor, 1.6584% against)

Resolution 4 - Ratification of Cost Auditors' Remuneration

  • Total votes polled: 79,174,153 shares (64.8291%)
  • Votes in favor: 79,174,013 shares (99.9998%)
  • Votes against: 140 shares (0.0002%)
  • Promoter group: 74,656,030 shares voted (100% in favor)
  • Public institutions: 4,509,679 shares voted (100% in favor)
  • Public non-institutions: 8,444 shares voted (98.342% in favor, 1.658% against)

Attendance Breakdown

  • Promoters and promoter group present through VC: 17 members
  • Public shareholders present through VC: 50 members
  • No shareholders were present in person or through proxy

Scrutinizer's Role and Findings

Mr. Raj Kumar Banthia (Membership No.: A17190), Practicing Company Secretary from M/s. MKB & Associates, was appointed as scrutinizer by the Board of Directors on 11th August, 2026.

Key findings and procedures:

  • The scrutinizer's report was issued on 16th September, 2026
  • Voting was conducted in compliance with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Votes cast electronically during the meeting were counted first
  • Remote e-voting votes were unblocked in presence of witnesses Ms. Payal Mundhara and Ms. Shriya Jaiswal
  • All 159 votes cast were found to be valid
  • The remote e-voting register and related records are under the scrutinizer's custody and will be handed over to the Chairman or Company Secretary after minutes are signed

Compliance Confirmation

The document confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulation 44(3))
  • Companies Act, 2013 (Section 108)
  • Companies (Management and Administration) Rules, 2014 (Rule 20)
  • Secretarial Standards on General Meetings
  • MCA and SEBI circulars regarding conduct of meetings through VC/OAVM