Meeting Details

The 34th Annual General Meeting was held on Saturday, June 27, 2026 at 11:00 a.m. through Video Conferencing (VC) / Other Audio Visual Means (OAVM) facility. The meeting was conducted in compliance with the Companies Act, 2013, relevant Rules, and circulars issued by the Ministry of Corporate Affairs and SEBI.

Attendance

Total of 25 shareholders attended the meeting through video conferencing:

  • 9 Promoter Shareholders
  • 16 Public Shareholders

Voting Process

The company provided remote e-voting facility from June 24, 2026 (09:00 a.m.) to June 26, 2026 (05:00 p.m.) through InstaVOTE - MUFG Intime India Private Limited. E-voting was also available during the AGM for shareholders who had not voted remotely.

Cut-off Date

The cut-off date for determining shareholders entitled to vote was Saturday, June 20, 2026.

Resolutions and Voting Results

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary Business requiring Ordinary Resolution
  • Description: To receive, consider and adopt the Standalone Audited Financial Statements for the year ended March 31, 2026 together with Board's Report and Auditors' Report
  • Result: Passed with requisite majority
  • Total votes polled: 1,995,719 shares (43.9375% of outstanding shares)
  • Votes in favor: 1,995,718 shares (99.9999%)
  • Votes against: 1 share (0.0001%)

Resolution 2: Re-appointment of Director

  • Type: Ordinary Business requiring Ordinary Resolution
  • Description: To appoint Mr. Ashok J Sheth (DIN: 00174006) who retires by rotation and offers himself for re-appointment
  • Result: Passed with requisite majority
  • Total votes polled: 1,995,719 shares (43.9375% of outstanding shares)
  • Votes in favor: 1,995,718 shares (99.9999%)
  • Votes against: 1 share (0.0001%)

Resolution 3: Dividend Declaration

  • Type: Ordinary Business requiring Ordinary Resolution
  • Description: To approve and declare dividend recommended by the Board for the Financial Year ended March 31, 2026
  • Result: Passed with requisite majority
  • Total votes polled: 1,995,719 shares (43.9375% of outstanding shares)
  • Votes in favor: 1,995,718 shares (99.9999%)
  • Votes against: 1 share (0.0001%)

Scrutinizer Details

Mr. Hemang Mehta, Practicing Company Secretary (FCS No.: 4965: CP: 2554) was appointed as scrutinizer. He submitted his consolidated report on June 30, 2026 after scrutinizing both remote e-voting and e-voting during the AGM.

Shareholding Pattern

Total outstanding shares: 4,542,176 shares

  • Promoter and Promoter Group: 2,057,201 shares
  • Public Non-Institutions: 2,484,975 shares
  • Public Institutions: 0 shares

Additional Information

The voting results are available on the company's website at www.smtgrinders.com. The scrutinizer's register and related papers will remain in his custody until the Chairman approves and signs the minutes.

Note: The dividend amount per share is not specified in this disclosure.