Meeting Details
The 37th Annual General Meeting was held on Monday, 10th August 2026 through Video Conferencing/Other Audio Visual Means at 02:30 PM IST. The meeting concluded at 03:21 PM IST.
Scrutinizer Appointment
H. R. Thakur, Practising Company Secretary (Membership No: 2090), was appointed as Scrutinizer by the Board of Directors in their meeting dated 13th May 2026 to scrutinize the remote e-voting and e-voting process.
Voting Process
- Record date: Friday, 31st July 2026
- Total shareholders on record date: 6,112
- Remote e-voting period: Friday, 7th August 2026 at 09:00 AM IST to Sunday, 9th August 2026 at 05:00 PM IST
- E-voting during AGM: Available during meeting and until 15 minutes after conclusion
- Total shares outstanding: 11,446,290 equity shares
- Total votes polled: 7,410,302 shares (64.7398% participation)
- No invalid votes were found during scrutiny
Resolution Results
Item No. 1: Ordinary Business - Adoption of Financial Statements
To receive, consider and adopt the Audited Financial Statements including Balance Sheet, Statement of Profit & Loss and Cash Flow Statement for the year ended 31st March 2026 and Reports of Board of Directors and Auditors.
- Result: Passed
- Votes in favor: 7,410,302 (100.0000%)
- Votes against: 0 (0.0000%)
Item No. 2: Ordinary Business - Dividend Declaration
To declare a dividend of ₹1.50 per share (15%) on 1,14,46,290 equity shares of ₹10 each for the year ended 31st March 2026.
- Result: Passed
- Votes in favor: 7,410,302 (100.0000%)
- Votes against: 0 (0.0000%)
Item No. 3: Ordinary Business - Director Re-appointment
To appoint a Director in place of Mr. Swapnil Eaga (DIN: 01241535) who retires by rotation and being eligible offers himself for re-appointment.
- Result: Passed
- Votes in favor: 7,407,175 (99.9578%)
- Votes against: 3,127 (0.0422%)
Item No. 4: Special Business - Cost Auditor Remuneration
Ratification of remuneration to Cost Auditor for the Financial Year 2026-27.
- Result: Passed
- Votes in favor: 7,407,175 (99.9578%)
- Votes against: 3,127 (0.0422%)
Item No. 5: Special Resolution - Director Designation Change
Appointment/Change in Designation of Ms. Smruthi P Eaga (DIN: 09268342) from Non-Executive (Non-Independent) Director to Whole-time Director (Executive) of the Company and payment of remuneration.
- Result: Passed with requisite majority
- Votes in favor: 7,413,175 (99.9578%)
- Votes against: 3,127 (0.0422%)
Shareholder Participation
- Promoters and Promoter Group present through video conferencing: 5
- Public shareholders present through video conferencing: 50
- Total shareholders attended meeting through video conferencing: 55