Meeting Details
The 86th Annual General Meeting was held on 14th September, 2026 at 03:30 p.m. (IST) through Video Conferencing. The deemed venue was the Registered Office of the Company.
Shareholder Participation
- Total number of shareholders on record date: 33,700
- Shareholders attending through video conferencing: 70 (16 Promoters/Promoter Group + 54 Public)
- No shareholders attended in person or through proxy
Voting Results Summary
All seven resolutions put to vote were approved with requisite majority:
Resolution 1: Adoption of Standalone Financial Statements (Ordinary Resolution)
- Total votes polled: 8,52,30,005 shares (66.8856% of outstanding shares)
- Votes in favor: 8,52,29,307 shares (99.9992%)
- Votes against: 698 shares (0.0008%)
- Promoter group: 100% in favor (8,47,04,686 shares)
Resolution 2: Adoption of Consolidated Financial Statements (Ordinary Resolution)
- Total votes polled: 8,52,30,006 shares (66.8856% of outstanding shares)
- Votes in favor: 8,52,29,307 shares (99.9992%)
- Votes against: 699 shares (0.0008%)
Resolution 3: Declaration of Dividend (Ordinary Resolution)
- Total votes polled: 8,52,29,981 shares (66.8856% of outstanding shares)
- Votes in favor: 8,52,29,307 shares (99.9992%)
- Votes against: 674 shares (0.0008%)
Resolution 4: Re-appointment of Director Akshay Poddar (Ordinary Resolution)
- Total votes polled: 8,52,30,005 shares (66.8856% of outstanding shares)
- Votes in favor: 8,52,29,307 shares (99.9992%)
- Votes against: 698 shares (0.0008%)
- Director DIN: 00008686
Resolution 5: Ratification of Cost Auditors Remuneration (Ordinary Resolution)
- Total votes polled: 8,52,30,006 shares (66.8856% of outstanding shares)
- Votes in favor: 8,52,29,307 shares (99.9992%)
- Votes against: 699 shares (0.0008%)
- Cost Auditor: M/s. DGM & Associates (Firm Registration No: 000038)
- Period: Financial year 2026-2027
Resolution 6: Adoption of New Memorandum of Association (Special Resolution)
- Total votes polled: 8,52,30,006 shares (66.8856% of outstanding shares)
- Votes in favor: 8,51,52,600 shares (99.9092%)
- Votes against: 77,406 shares (0.0908%)
- Institutions showed significant opposition with 67.1846% against votes
Resolution 7: Adoption of New Articles of Association (Special Resolution)
- Total votes polled: 8,52,30,006 shares (66.8856% of outstanding shares)
- Votes in favor: 8,51,52,599 shares (99.9092%)
- Votes against: 77,407 shares (0.0908%)
- Institutions showed significant opposition with 67.1846% against votes
Scrutinizer Details
- Name: Niraj Agrawal, Chartered Accountant
- Firm: H. K. Agrawal & Co., Chartered Accountants (FRN No. 308090E)
- Membership No: 060313
- UDIN: 26060313DQGFCT7868
Voting Process Details
- Remote e-voting period: 10th September 2026 (9:00 a.m.) to 13th September 2026 (5:00 p.m.)
- Cut-off date for voting eligibility: 7th September 2026
- E-voting agency: KFin Technologies Limited
- Total share capital: 12,74,26,590 shares
- Promoter holding: 8,47,04,686 shares (66.49%)
- Public holding: 4,27,21,904 shares (33.51%)
Special Note
One member holding 37,506 shares exercised voting rights for only 37,467 shares across all resolutions, with 39 shares classified as 'less voted' by the e-voting system, indicating partial exercise of voting rights.