Meeting Details

The 41st AGM was held on Friday, 18th September, 2026 at 4:00 p.m. (IST) through VC/OAVM. The meeting concluded at 4:27 PM. 31 members participated in the AGM through VC/OAVM (13 promoters/promoter group members and 18 public members).

Voting Process

National Securities Depository Limited (NSDL) was engaged for conducting remote e-voting and e-voting during the AGM. The cut-off date for shareholder eligibility was Friday, 11th September, 2026. Remote e-voting commenced from Monday, 14th September, 2026 at 9:00 a.m. IST to Thursday, 17th September, 2026 at 5:00 p.m. IST.

Resolution Results

All eight resolutions were passed with requisite majority:

Resolution 1 - Adoption of Audited Standalone Financial Statements

  • Ordinary Resolution
  • Total votes polled: 8,751,379 (88.31% of outstanding shares)
  • Votes in favor: 8,751,367 (100% of votes polled)
  • Votes against: 12 (0.00% of votes polled)

Resolution 2 - Adoption of Audited Consolidated Financial Statements

  • Ordinary Resolution
  • Total votes polled: 8,751,379 (88.31% of outstanding shares)
  • Votes in favor: 8,751,365 (100% of votes polled)
  • Votes against: 14 (0.00% of votes polled)

Resolution 3 - Declaration of Final Dividend

  • Ordinary Resolution
  • Final dividend: ₹0.25 (2.50%) per equity share of face value ₹10 each for non-promoter/promoter group holders
  • Total votes polled: 8,751,379 (88.31% of outstanding shares)
  • Votes in favor: 8,751,377 (100% of votes polled)
  • Votes against: 2 (0.00% of votes polled)

Resolution 4 - Re-appointment of Mr. Amit Pitale (DIN: 07852850)

  • Ordinary Resolution
  • Total votes polled: 8,750,079 (88.29% of outstanding shares)
  • Votes in favor: 8,750,062 (100% of votes polled)
  • Votes against: 17 (0.00% of votes polled)

Resolution 5 - Appointment of M/s Bagaria & Co. LLP as Statutory Auditors

  • Ordinary Resolution
  • Total votes polled: 8,751,379 (88.31% of outstanding shares)
  • Votes in favor: 8,751,362 (100% of votes polled)
  • Votes against: 17 (0.00% of votes polled)

Resolution 6 - Raising of Funds by Further Issue of Securities

  • Special Resolution
  • Total votes polled: 8,751,379 (88.31% of outstanding shares)
  • Votes in favor: 8,751,362 (100% of votes polled)
  • Votes against: 17 (0.00% of votes polled)

Resolution 7 - Approval of Transactions with Group Companies

  • Ordinary Resolution
  • Promoters did not cast votes as they were interested
  • Total votes polled: 1,487,044 (15.00% of outstanding shares)
  • Votes in favor: 1,487,027 (100% of votes polled)
  • Votes against: 17 (0.00% of votes polled)

Resolution 8 - Re-appointment of Mr. Nilesh Parikh (DIN: 02710146) as Independent Director

  • Special Resolution
  • Total votes polled: 8,751,379 (88.31% of outstanding shares)
  • Votes in favor: 8,751,362 (100% of votes polled)
  • Votes against: 17 (0.00% of votes polled)

Shareholding Structure

Total outstanding shares: 9,910,330

  • Promoter and Promoter Group: 7,264,335 shares (73.30%)
  • Public Institutions: 5 shares (0.0005%)
  • Public Non-Institutions: 2,645,990 shares (26.70%)

Document Preparation

The scrutinizer's report was prepared by Veeraraghavan. N, Practicing Company Secretary (CP No: 4334, UDIN: A006911H001537770), dated 19th September, 2026.