Meeting Details
- Date: Monday, September 28, 2026
- Time: 12:30 PM to 12:58 PM
- Type: Annual General Meeting (AGM)
- Location: Conducted through video conferencing
- Record Date: September 21, 2026
Proposed Resolutions and Implications
Three ordinary resolutions were considered:
1. Adoption of Audited Financial Statements for the financial year ended March 31, 2026 together with reports of Board of Directors and Auditors
2. Reappointment of Mr. Suresh Kumar Dhingra (DIN: 03513272) as Whole-Time Director who retired by rotation
3. Approval for Related Party Transactions under Section 188 of the Companies Act, 2013
Voting Process and Methods
- Remote e-voting period: September 25, 2026 (09:00 AM IST) to September 27, 2026 (05:00 PM IST)
- Service provider: Bigshare Services Private Limited
- Platform: https://ivote.bigshareonline.com
- E-voting at meeting: Available for shareholders present through VC/OAVM who hadn't voted remotely
- Scrutinizer: Shubhangi Agarwal of Shubhangi Agarwal & Associates (appointed August 31, 2026)
Key Voting Outcomes
Overall Participation
- Total shareholders on record date: 152,533
- Total outstanding shares: 1,096,219,600
- Total votes polled: 372,136,866 shares (33.9473% of outstanding shares)
- Meeting attendance: 37 shareholders (2 promoters + 35 public) via video conferencing
Resolution-wise Results
Resolution 1: Adoption of Financial Statements
- Total votes cast: 372,136,866 shares
- In favor: 372,134,411 shares (99.9993%)
- Against: 2,455 shares (0.0007%)
- Result: Passed
Resolution 2: Reappointment of Director
- Total votes cast: 372,136,866 shares
- In favor: 372,117,247 shares (99.9947%)
- Against: 19,619 shares (0.0053%)
- Result: Passed
Resolution 3: Related Party Transactions
- Total votes cast: 41,854,669 shares (excluding interested shareholders)
- In favor: 41,840,050 shares (99.9651%)
- Against: 14,619 shares (0.0349%)
- Result: Passed
Category-wise Voting Breakdown
Promoter and Promoter Group (290,281,197 shares)
- Resolution 1: 290,281,197 votes in favor (100%)
- Resolution 2: 290,281,197 votes in favor (100%)
- Resolution 3: Not applicable (interested party)
Public Institutions (40,500 shares)
- No votes cast in any resolution
Public Non-Institutions (805,897,903 shares)
- Resolution 1: 81,855,669 votes cast (10.1571% of category)
- 81,853,214 in favor (99.9970%)
- 2,455 against (0.0030%)
- Resolution 2: 81,855,669 votes cast (10.1571% of category)
- 81,836,050 in favor (99.9760%)
- 19,619 against (0.0240%)
- Resolution 3: 41,854,669 votes cast (5.1935% of category)
- 41,840,050 in favor (99.9651%)
- 14,619 against (0.0349%)
Scrutinizer's Role and Findings
Shubhangi Agarwal (Membership No.: F12624) was appointed scrutinizer to ensure fair and transparent e-voting process. Key findings:
- Votes were unblocked in presence of two independent witnesses (Ms. Afza and Mr. Dharmender)
- All resolutions passed with requisite majority
- Voting registers and records remain in scrutinizer's custody until handed over to chairman
- Detailed voting statistics certified in annexures to the report
Compliance Confirmation
The disclosure confirms compliance with:
- Section 108 of Companies Act, 2013
- Rule 20 of Companies (Management and Administration) Rules, 2014
- Regulation 44(3) of SEBI LODR Regulations, 2015
- Relevant provisions of Companies Act regarding related party transactions