Meeting Details
The 34th Annual General Meeting was held on Thursday, 25th June 2026 from 12:30 PM to 1:10 PM IST through Video Conferencing/Other Audio Video Means (VC/OAVM). The meeting was deemed to be conducted at the company's registered office in Mumbai.
Attendance Statistics
- Record Date: 18th June 2026
- Total shareholders on record date: 5,117
- Promoters and promoter group attendees: 6 through video conferencing
- Public shareholders attendees: 50 through video conferencing
- Total shares outstanding: 20,098,500
Voting Results Summary
Four resolutions were considered and all were approved:
Resolution 1: Adoption of Financial Statements (Ordinary Resolution)
- Description: To consider and adopt Audited Standalone and Consolidated Financial Statements for FY ended 31st March 2026
- Total votes polled: 13,876,909 shares (69.0445% of outstanding shares)
- Votes in favor: 13,876,884 (99.9998%)
- Votes against: 25 (0.0002%)
- Promoter voting: 11,800,240 shares voted (98.0477% of promoter holding), all in favor
- Public non-institutions: 2,076,669 shares voted (25.7546% of public holding), 2,076,644 in favor, 25 against
Resolution 2: Final Dividend Declaration (Ordinary Resolution)
- Description: To declare final dividend of ₹0.60 (30%) per fully paid-up equity share of face value ₹2 each for FY2026
- Total votes polled: 13,876,909 shares (69.0445% of outstanding shares)
- Votes in favor: 13,876,884 (99.9998%)
- Votes against: 25 (0.0002%)
- Promoter voting: 11,800,240 shares voted (98.0477% of promoter holding), all in favor
- Public non-institutions: 2,076,669 shares voted (25.7546% of public holding), 2,076,644 in favor, 25 against
Resolution 3: Re-appointment of Director (Ordinary Resolution)
- Description: To appoint Mrs. Anita Nyati (DIN: 01454595) who retires by rotation under Section 152(6) of Companies Act 2013
- Total votes polled: 2,076,669 shares (10.3325% of outstanding shares)
- Votes in favor: 2,075,544 (99.9458%)
- Votes against: 1,125 (0.0542%)
- Promoter voting: 0 shares voted
- Public non-institutions: 2,076,669 shares voted (25.7546% of public holding), 2,075,544 in favor, 1,125 against
Resolution 4: Revision in CEO Remuneration (Special Resolution)
- Description: Revision in remuneration of Mr. Parth Nyati (DIN: 02583324), Chief Executive Officer and Whole-Time Director
- Promoters interested: Yes
- Total votes polled: 2,076,669 shares (10.3325% of outstanding shares)
- Votes in favor: 2,075,544 (99.9458%)
- Votes against: 1,125 (0.0542%)
- Promoter voting: 0 shares voted
- Public non-institutions: 2,076,669 shares voted (25.7546% of public holding), 2,075,544 in favor, 1,125 against
Scrutinizer Details
- Name: Darshika Wankhede
- Qualification: Company Secretary
- Membership Number: 79800
- Appointment Date: 2nd May 2026
- Report Issuance Date: 25th June 2026
Voting Process Details
- Remote e-voting period: 22nd June 2026 (9:00 AM) to 24th June 2026 (5:00 PM)
- Service provider: Central Depository Services (India) Limited (CDSL)
- Registrar and Transfer Agent: Ankit Consultancy Private Limited
- Cut-off date for voting rights: 18th June 2026
- Advertisement published in Active Times (English) and Mumbai Lakshadeep (Marathi) on 25th May 2026 and 3rd June 2026
Additional Information
- No invalid votes were recorded across all resolutions
- All relevant voting records will remain with the scrutinizer until minutes are approved
- Results have been uploaded on company website (www.swastika.co.in) and CDSL website (www.evotingindia.com)