Meeting Details
- Date: Thursday, July 30, 2026
- Time: 10:15 AM
- Location: Conducted through Video Conferencing/Other Audio Visual Means
- Type: Annual General Meeting
- Record Date: July 23, 2026
- Total Shareholders on Record Date: 48,610
Attendance Details
- Promoters and Promoter Group attending through VC: 11 shareholders
- Public shareholders attending through VC: 74 shareholders
- Physical attendance: 0 shareholders (both Promoter and Public categories)
Proposed Resolutions and Implications
Four ordinary resolutions were proposed:
1. Resolution 1: To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) for FY ended March 31, 2026 with reports of Board of Directors and Auditors
2. Resolution 2: To declare a final dividend of ₹1 per equity share (face value ₹2 each) for FY26
3. Resolution 3: To reappoint Mr. Chander Agarwal (DIN: 00818139) as director who retires by rotation
4. Resolution 4: To reappoint Ms. Urmila Agarwal (DIN: 00818165) as director who retires by rotation
Voting Process and Methods
The voting was conducted through:
- Remote e-voting: Open from Monday, July 27, 2026 (09:00 AM) to Wednesday, July 29, 2026 (05:00 PM)
- E-voting during AGM: Conducted on July 30, 2026
- Scrutinizer: Vasanth Kumar Bajaj, Company Secretary in Practice (FCS 6868, CP No. 5827)
- Voting Agency: KFin Technologies Limited (KFintech)
Key Voting Outcomes
Overall Participation
- Total Outstanding Shares: 76,831,142
- Total Votes Polled: 64,153,395 shares (83.4992% participation)
Resolution-wise Results
Resolution 1 - Adoption of Financial Statements
- Total Votes in Favor: 64,012,470 shares (99.9998% of votes polled)
- Total Votes Against: 101 shares (0.0002% of votes polled)
- Remote e-voting: 63,959,801 shares (99.9176% of valid votes)
- E-voting at AGM: 52,669 shares (0.0823% of valid votes)
- Members Voted: 250 members
Resolution 2 - Final Dividend Declaration
- Total Votes in Favor: 64,150,294 shares (99.9998% of votes polled)
- Total Votes Against: 101 shares (0.0002% of votes polled)
- Category Breakdown:
- Promoter & Promoter Group: 52,158,533 shares voted (100% in favor)
- Public Institutions: 11,336,132 shares voted (100% in favor)
- Public Non-Institutions: 658,730 shares voted (99.9847% in favor, 0.0153% against)
Resolution 3 - Reappointment of Mr. Chander Agarwal
- Total Votes in Favor: 63,990,524 shares (99.7461% of votes polled)
- Total Votes Against: 162,871 shares (0.2539% of votes polled)
- Category Breakdown:
- Promoter & Promoter Group: 52,158,533 shares voted (100% in favor)
- Public Institutions: 11,336,132 shares voted (98.5646% in favor, 1.4354% against)
- Public Non-Institutions: 658,730 shares voted (99.9762% in favor, 0.0238% against)
- Members Voted: 240 members
Resolution 4 - Reappointment of Ms. Urmila Agarwal
- Total Votes in Favor: 64,049,184 shares (99.8376% of votes polled)
- Total Votes Against: 104,216 shares (0.1624% of votes polled)
- Category Breakdown:
- Promoter & Promoter Group: 52,158,533 shares voted (100% in favor)
- Public Institutions: 11,336,132 shares voted (99.0821% in favor, 0.9179% against)
- Public Non-Institutions: 658,735 shares voted (99.9762% in favor, 0.0238% against)
- Members Voted: 246 members
Scrutinizer's Role and Findings
Vasanth Kumar Bajaj was appointed as Scrutinizer to scrutinize the remote e-voting and e-voting during AGM. The votes were unblocked 15 minutes after conclusion of AGM in presence of 2 witnesses not employed by the company. The scrutinizer confirmed:
- Compliance with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
- Adherence to SEBI LODR Regulations 2015 and MCA circulars
- All resolutions received requisite majority votes
Compliance Confirmation
The company confirmed compliance with applicable laws including:
- Companies Act, 2013
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Companies (Management and Administration) Rules, 2014