Meeting Details

The 60th Annual General Meeting was held on Wednesday, 29th July, 2026 through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting commenced at 12:35 pm and concluded at 12:56 pm, lasting 21 minutes. Total 25 shareholders attended the meeting, including the Promoter Director.

Attendees

Directors and KMP Present:

  • Shri Narayan Tulsiram Atal - Independent Director & Chairman of the AGM
  • Shri D.P. Taparia - Managing Director
  • Shri Sachin S. Bhattad - Independent Director
  • Mrs. Swati Ravindra Bhairi - Independent Director
  • Shri M.P. Taparia - Non-Executive Director
  • Shri Virendraa Bangur - Non-Executive Director
  • Shri Bharat Taparia - Non-Executive Director
  • Shri Rahul Maheswari - Non-Executive Director
  • Shri Sivaramakrishnan Palaniappan Pillai - Whole-time Director (Operations)
  • Shri V.S. Datey - Company Secretary
  • Shri S.R. Bagad - Chief Financial Officer

Other Representatives:

  • Shri Kaushal Mehta, Partner, M/s. Batliboi & Purohit, Chartered Accountants, Statutory Auditors
  • CS Neha Apate, Partner, M/s. S R Khandelwal & Associates, Company Secretaries, Secretarial Auditors
  • CS Gaurav Bhoir, M/s. Gaurav Bhoir & Associates, Scrutinizer
  • Shri Santosh Gamare, Representative of MUFG Intime India Private Limited, Registrar & Share Transfer Agent

All attendees participated through video conferencing.

Business Transacted

Ordinary Business:

Item No. 1 - Adoption of Audited Financial Statements (Ordinary Resolution)

Shareholders resolved to adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Reports of the Board of Directors and the Independent Auditors thereon.

Item No. 2 - Confirmation of Interim Dividend & Approval of the Final Dividend (Ordinary Resolution)

Shareholders confirmed the Interim Dividend @ 325% (₹32.50 per Equity Share) on 1,51,78,750 Equity Shares of ₹10 each for the Financial Year ended 31st March, 2026, as declared by the Board of Directors.

Shareholders approved payment of Final Dividend @ 350% (₹35 per Equity Share) on 1,51,78,750 Equity Shares of ₹10 each fully paid-up for the Financial Year ended 31st March, 2026, to Members whose names appeared in the Register of Members / beneficial owners as on the Record Date.

Item No. 3 - Re-appointment of Shri Bharat Taparia (DIN: 00139722) (Special Resolution)

Shri Bharat Taparia, who retires by rotation, was re-appointed as a Non-Executive Director of the Company, liable to retire by rotation.

Item No. 4 - Re-appointment of Shri Rahul Maheswari (DIN: 01578935) (Special Resolution)

Shri Rahul Maheswari, who retires by rotation, was re-appointed as a Non-Executive Director of the Company, liable to retire by rotation.

Voting Process

CS Gaurav Bhoir, Practising Company Secretary, was appointed as the Scrutinizer to supervise the e-voting process. The Results of remote e-voting along with the Consolidated Scrutinizer's Report were scheduled to be announced by 31st July 2026 at the Registered Office of the Company and displayed on the company website.