Key Quantitative Figures
- Total Eligible Members: 15,065
- Total Shares Entitled to Vote: 33,033,000
- Cut-off Date for Voting Rights: 24th July, 2026
- Final Dividend Declared: 5% per equity share of ₹10 each for the financial year ended 31st March 2026.
Dates of Action
- AGM Date: 31st July, 2026 (3:00 PM to 4:00 PM IST)
- Remote E-voting Period: 28th July, 2026 (9:00 AM IST) to 30th July, 2026 (5:00 PM IST)
- Scrutinizer's Report Date: 1st August, 2026
- Notice of AGM Dispatch Date: Electronically on 6th July, 2026; physical letters to non-email members on 9th July, 2026.
- Public Notice Date: Published in newspapers on 7th July, 2026.
- Board Meeting for Scrutinizer Appointment: 30th May, 2026.
Parties Involved
- Scrutinizer: Mr. Pravin Kumar Drolia, Practicing Company Secretary (FCS No. 2366, CP No. 1362)
- Voting Platform Provider: Central Depository Services Limited (CDSL)
- Witnesses: Ms. Sangita Drolia and Mr. Naveen Saraf
- Company Representative: Ms. Reena Prasad, Company Secretary and Compliance Officer
Resolutions and Voting Results
All three ordinary resolutions set out in the AGM notice were passed with 100% of the valid votes cast in favor.
Resolution 1: Adoption of Audited Financial Statements for FY26
- Total Valid Votes: 8,091,532 shares from 46 folios/ballots.
- Votes in Favor: 8,091,492 shares (100% of valid votes).
- Votes Against: 40 shares.
- Invalid Votes: 0.
- Abstained: 0.
Resolution 2: Re-appointment of Director Shri Shrikant Bhairaveshwar Bhat (DIN: 00650380)
- Total Valid Votes: 8,091,532 shares from 46 folios/ballots.
- Votes in Favor: 8,091,486 shares (100% of valid votes).
- Votes Against: 46 shares.
- Invalid Votes: 0.
- Abstained: 0.
Resolution 3: Declaration of 5% Final Dividend
- Total Valid Votes: 8,091,532 shares from 46 folios/ballots.
- Votes in Favor: 8,091,492 shares (100% of valid votes).
- Votes Against: 40 shares.
- Invalid Votes: 0.
- Abstained: 0.
Procedural Details
- The AGM was held entirely through Video Conferencing (VC)/Other Audio Visual Means (OAVM).
- Remote e-voting was conducted via the CDSL platform.
- Members attending the AGM who had not voted remotely were provided a facility to vote electronically during the meeting via the RTA's INSTAPOLL platform.
- Votes from remote e-voting were unblocked and consolidated with votes from the AGM in the presence of two independent witnesses.
- The scrutinizer confirmed the process was fair and transparent.
Financial / Operational Impact
Disclosure confirms the declaration of a 5% final dividend, subject to standard corporate action processes. The re-appointment of the director and adoption of financial statements are procedural corporate governance actions.