Meeting Details

The 39th AGM was held on Tuesday, August 04, 2026, from 01:30 p.m. to 02:28 p.m. (excluding 15 minutes for e-voting) through Video Conferencing / Other Audio Video Means (OAVM).

Proceedings Overview

The meeting was chaired by Mr. Achal Bakeri, Chairman and Managing Director. A total of 82 members were present either in person or through authorized representatives. The Chairman delivered his speech, followed by a presentation from Mr. Nrupesh Shah, Managing Director - Corporate Affairs, providing an overview of the financial performance for FY 2025-26 and general updates.

The notice convening the AGM was taken as read. The Auditors' reports on Standalone and Consolidated financial statements by B S R & Co. LLP and the Secretarial Audit Report by SPANJ & Associates were taken as read as they contained no adverse comments, qualifications, or observations. The Chairman addressed questions raised by members via email and responded to live queries during the meeting.

Summary of Proposed Resolutions

Ordinary Business

1. To receive, consider, and adopt the audited standalone financial statements for the financial year ended March 31, 2026, together with reports of the board of directors and auditors.

2. To receive, consider, and adopt the audited consolidated financial statements for the financial year ended March 31, 2026, together with the report of the auditors.

3. To confirm payment of three interim dividends aggregating to ₹4.00 per share and to declare a final dividend of ₹5.00 per share on equity shares for FY 2025-26.

4. To appoint a director in place of Ms. Jonaki Bakeri (DIN - 06950998) who retires by rotation and offered herself for re-appointment. Mr. Nrupesh Shah chaired the meeting for this agenda item only.

Special Business

5. Re-appointment of Mr. Nrupesh Shah (DIN - 00397701) as Managing Director - Corporate Affairs.

Voting Process

The Company provided a remote e-voting facility to all shareholders holding shares as of the cut-off date July 28, 2026. The remote e-voting was open for four days from July 31, 2026 (9:00 a.m.) to August 03, 2026 (5:00 p.m.).

An e-voting facility was also provided during the AGM for shareholders who did not vote remotely. The results of the voting (remote e-voting and e-voting during the AGM) along with the scrutinizer's report were to be announced within 48 hours at the Registered Office of the Company and displayed on the Company's website, stock exchanges, and NSDL.

Compliance and Signatories

The document confirms compliance with applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

It is signed by Mayur Chimanbhai Barvadiya, Company Secretary and Head - Legal, on August 04, 2026.