Voting Process Details

The AGM was held on Tuesday, September 15, 2026 at 12:00 Noon IST through Video Conferencing/Other Audio-Visual Means. The remote e-voting period commenced on Thursday, September 10, 2026 at 9:00 AM IST and ended on Monday, September 14, 2026 at 5:00 PM IST. The cut-off date for determining member eligibility was Tuesday, September 8, 2026.

National Securities Depository Limited (NSDL) was engaged to provide services related to remote e-voting and e-voting during the AGM. The AGM Notice along with Annual Report for FY 2025-26 was dispatched to members on August 19, 2026.

Resolution Voting Results

Item No. 1: Adoption of Audited Standalone Financial Statements for FY 2025-26

  • Type: Ordinary Resolution
  • Results: 330 members voted in favor representing 147,515,862 shares (99.9994%), 21 members voted against representing 832 shares (0.0006%)
  • No invalid votes
  • Result: Passed with requisite majority

Item No. 2: Adoption of Audited Consolidated Financial Statements for FY 2025-26

  • Type: Ordinary Resolution
  • Results: 329 members voted in favor representing 147,515,852 shares (99.9995%), 21 members voted against representing 752 shares (0.0005%)
  • No invalid votes
  • Result: Passed with requisite majority

Item No. 3: Declaration of Final Dividend of ₹2.50 per equity share for FY 2025-26

  • Type: Ordinary Resolution
  • Results: 333 members voted in favor representing 147,574,582 shares (99.9995%), 20 members voted against representing 742 shares (0.0005%)
  • No invalid votes
  • Result: Passed with requisite majority

Item No. 4: Reappointment of Mr. Kaustubh Narsinh Karmarkar (DIN: 00288642) as Director

  • Type: Ordinary Resolution
  • Results: 291 members voted in favor representing 143,203,942 shares (97.0387%), 61 members voted against representing 4,370,072 shares (2.9613%)
  • No invalid votes
  • Result: Passed with requisite majority

Item No. 5: Approval for Creation of Mortgage/Charges on Assets for Working Capital Facilities

  • Type: Special Resolution
  • Results: 326 members voted in favor representing 147,566,989 shares (99.9995%), 24 members voted against representing 766 shares (0.0005%)
  • No invalid votes
  • Result: Passed with requisite majority

Item No. 6: Ratification of Remuneration Payable to Cost Auditors for FY 2026-27

  • Type: Ordinary Resolution
  • Results: 329 members voted in favor representing 147,574,417 shares (99.9995%), 24 members voted against representing 797 shares (0.0005%)
  • No invalid votes
  • Result: Passed with requisite majority

Item No. 7: Reappointment of Mr. Jai Prakash Agarwal (DIN: 00041119) as Whole-time Director

  • Type: Special Resolution
  • Results: 276 members voted in favor representing 141,618,087 shares (95.9633%), 77 members voted against representing 5,957,127 shares (4.0367%)
  • No invalid votes
  • Result: Passed with requisite majority

Item No. 8: Reappointment of Mr. Vinay Surya (DIN: 00515803) as Managing Director

  • Type: Special Resolution
  • Results: 287 members voted in favor representing 142,905,533 shares (96.8357%), 66 members voted against representing 4,669,681 shares (3.1643%)
  • No invalid votes
  • Result: Passed with requisite majority

Scrutinization Process

The scrutinizer maintained detailed registers containing the summary of results of remote e-voting and e-voting during the AGM. The votes were unblocked in the presence of two witnesses not employed by the company after completion of e-voting during the AGM.

Conclusion

All eight resolutions forming part of the AGM Notice dated August 11, 2026 were passed with the requisite majority as required under the Companies Act, 2013 and other applicable regulations.