Meeting Details

  • Date of Meeting: Wednesday, September 30, 2026
  • Type of Meeting: 44th Annual General Meeting
  • Location: Conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Record Date: Wednesday, September 23, 2026
  • Total Shareholders on Record Date: 24,968

Shareholder Participation

  • Promoters Attending via VC: 1
  • Public Shareholders Attending via VC: 37
  • Total Shareholders Present in Person or by Proxy: Not specified

Proposed Resolutions and Implications

Four resolutions were proposed for shareholder approval:

1. Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements of the Company (including Audited Consolidated Financial Statements) for the financial year ended March 31, 2026 and the Reports of the Board of Directors' and Auditors' thereon.

2. Ordinary Resolution: Re-appointment of Mr. Chirag Pittie (DIN: 00117368) as director liable to retire by rotation.

3. Special Resolution: To appoint Mrs. Aradhana Nayak (DIN: 08536989) as a Non Executive Independent Woman Director of the Company.

4. Ordinary Resolution: To ratify and confirm payment of remuneration of the Cost Auditors of the company for the financial year 2026-27.

Voting Process and Methods

  • Voting Methods: Remote e-voting and e-voting during the AGM
  • Remote E-voting Period: Commenced on Saturday, September 26, 2026 at 9:00 AM IST and closed on Tuesday, September 29, 2026 at 5:00 PM IST
  • E-voting Service Provider: Central Depository Securities Limited (CDSL)
  • Scrutinizer: Shravan A. Gupta, Practicing Company Secretary
  • Voting Rules: In case members voted through both remote e-voting and e-voting during AGM, the remote e-vote was treated as valid

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total Votes Cast: 6,74,15,593 shares (53.29% of outstanding shares)
  • Votes in Favor: 6,73,19,789 shares (99.86% of votes cast)
  • Votes Against: 95,804 shares (0.14% of votes cast)
  • Promoter Voting: 6,67,30,513 shares voted (100% of promoter holdings), all in favor
  • Public Voting: 6,85,080 shares voted (0.15% of public holdings), 86.02% in favor, 13.98% against

Resolution 2: Re-appointment of Mr. Chirag Pittie

  • Total Votes Cast: 6,74,15,593 shares (53.29% of outstanding shares)
  • Votes in Favor: 6,73,19,787 shares (99.86% of votes cast)
  • Votes Against: 95,806 shares (0.14% of votes cast)
  • Promoter Voting: 6,67,30,513 shares voted (100% of promoter holdings), all in favor
  • Public Voting: 6,85,080 shares voted (0.15% of public holdings), 86.02% in favor, 13.98% against

Resolution 3: Appointment of Mrs. Aradhana Nayak

  • Total Votes Cast: 6,74,15,593 shares (53.29% of outstanding shares)
  • Votes in Favor: 6,73,19,789 shares (99.86% of votes cast)
  • Votes Against: 95,804 shares (0.14% of votes cast)
  • Promoter Voting: 6,67,30,513 shares voted (100% of promoter holdings), all in favor
  • Public Voting: 6,85,080 shares voted (0.15% of public holdings), 86.02% in favor, 13.98% against

Resolution 4: Ratification of Cost Auditor Remuneration

  • Total Votes Cast: 6,74,15,593 shares (53.29% of outstanding shares)
  • Votes in Favor: 6,73,19,789 shares (99.86% of votes cast)
  • Votes Against: 95,804 shares (0.14% of votes cast)
  • Promoter Voting: 6,67,30,513 shares voted (100% of promoter holdings), all in favor
  • Public Voting: 6,85,080 shares voted (0.15% of public holdings), 86.02% in favor, 13.98% against

Scrutinizer's Role and Findings

  • Scrutinizer: Shravan A. Gupta, Practicing Company Secretary (Firm Unique Code: I2011MH829000)
  • Responsibilities: Scrutinizing the e-voting process in a fair and transparent manner, making a consolidated report of votes cast
  • Findings: All resolutions were passed with requisite majority
  • Vote Breakdown: The scrutinizer's report provided detailed breakdown of votes by method (remote e-voting vs. e-voting during AGM)
  • Invalid Votes: 0 invalid votes across all resolutions
  • Abstain Votes: 0 abstain votes across all resolutions

Compliance with Laws and Regulations

The voting process complied with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • General Circular No. 03/2025 dated September 22, 2025 issued by MCA
  • SEBI Master Circular dated January 30, 2026
  • Secretarial Standard-2 on General Meetings

Additional Information

  • Total Outstanding Shares: 12,65,00,000
  • Promoter Holding: 6,67,30,513 shares (52.75%)
  • Public Holding: 5,97,69,487 shares (47.25%)
  • Institutional Investors: 0 shares held as on record date