Meeting Details

The 22nd Annual General Meeting was held on Tuesday, August 25, 2026, at 4:00 P.M. (IST) through Video Conferencing. The remote e-voting period commenced on Friday, August 21, 2026, at 09:00 A.M. and ended on Monday, August 24, 2026, at 05:00 P.M.

Share Capital Structure

As of the cut-off date (Tuesday, August 18, 2026), the fully paid-up share capital was Rs. 192,83,04,850 divided into 19,28,30,485 equity shares of Rs. 10 each.

Voting Results Summary

All nine resolutions presented at the AGM were approved with requisite majority:

Ordinary Business:

1. Adoption of Financial Statements: Approved with 15,53,00,710 votes in favor (99.9999%) and 179 against (0.0001%)

2. Dividend Declaration: Approved with 15,53,13,010 votes in favor (99.9999%) and 179 against (0.0001%)

3. Re-appointment of Mr. Jayesh Nagindas Doshi: Approved with 15,00,92,324 votes in favor (96.6461%) and 52,08,565 against (3.3539%)

Special Business:

4. Ratification of Cost Auditor Remuneration: Approved with 15,52,86,827 votes in favor (99.9909%) and 14,062 against (0.0091%)

5. Re-appointment of Mr. Sandeep Tandon as Executive Chairman: Approved with 15,03,73,857 votes in favor (96.8274%) and 49,27,032 against (3.1726%)

6. Appointment of Mr. Jayesh Nagindas Doshi as Whole Time Director: Approved with 14,24,00,075 votes in favor (94.7972%) and 78,15,420 against (5.2028%)

7. Creation of Mortgage/Charge under Section 180(1)(a): Approved with 15,53,00,511 votes in favor (99.9998%) and 378 against (0.0002%)

8. Fundraising via Preferential Issue to QIBs: Approved with 15,52,99,552 votes in favor (99.9991%) and 1,337 against (0.0009%)

9. Payment of Remuneration to Related Party: Approved with 14,06,07,330 votes in favor (90.5387%) and 1,46,93,559 against (9.4613%)

Scrutinizer Details

Mukesh Sharma of Mukesh Sharma & Associates (Firm Reg. No.: S2023HR901000) was appointed as Scrutinizer on July 29, 2026. The scrutinization process was conducted in the presence of two witnesses (Mr. Arpit and Mr. Parveen Kumar) who are not employees of the company.

Voting Participation

Total valid votes polled: 15,53,00,889 shares (80.5375% of outstanding shares)

Breakdown by category:

  • Promoters and Promoter Group: 8,14,59,142 shares voted (100% of their holding)
  • Public Institutions: 3,75,85,833 shares voted (86.2497% of their holding)
  • Public Non-Institutions: 3,62,55,914 shares voted (53.4800% of their holding)