Key Quantitative Figures

  • Total Shareholders on Record Date: 378,751
  • Total Outstanding Shares: 406,864,572
  • Promoter & Promoter Group Holding: 196,686,552 shares (48.34%)
  • Public Institutions Holding: 46,022,204 shares (11.31%)
  • Public Non-Institutions Holding: 164,155,816 shares (40.35%)
  • Total Votes Polled: 231,637,756 shares (56.93% of outstanding shares)

Dates of Action

  • AGM Date: 18th September 2026 at 1:00 PM IST
  • Record Date (Cut-off Date): 11th September 2026
  • Remote E-voting Period: 14th September 2026 (9:00 AM) to 17th September 2026 (5:00 PM)
  • Scrutinizer Report Date: 19th September 2026

Parties Involved

  • Registrar & Share Transfer Agent (RTA): KFin Technologies Limited
  • Scrutinizer: Niraj Agrawal, Partner, H. K. Agrawal & Co., Chartered Accountants (FRN: 308090E)
  • Cost Accountants: M/s. DGM & Associates (Firm Registration No: 000038)
  • Directors Re-appointed: Mr. U.V. Kamath (DIN: 00648897), Mr. Akshay Poddar (DIN: 00008686)

Resolution Details and Voting Results

All eight resolutions were approved with requisite majority. The detailed voting results are as follows:

Resolution 1: Adoption of Standalone Financial Statements (Ordinary Resolution)

  • Total Votes In Favor: 199,433,113 (86.097%)
  • Total Votes Against: 32,204,643 (13.903%)
  • Public Institutions Vote: 99.9094% against
  • Public Non-Institutions Vote: 99.9219% in favor

Resolution 2: Adoption of Consolidated Financial Statements (Ordinary Resolution)

  • Total Votes In Favor: 199,433,113 (86.097%)
  • Total Votes Against: 32,204,643 (13.903%)
  • Public Institutions Vote: 99.9094% against
  • Public Non-Institutions Vote: 99.9219% in favor

Resolution 3: Declaration of Dividend (Ordinary Resolution)

  • Total Votes In Favor: 231,146,681 (99.769%)
  • Total Votes Against: 535,163 (0.231%)
  • Public Institutions Vote: 98.3482% in favor
  • Public Non-Institutions Vote: 99.9257% in favor

Resolution 4: Re-appointment of Mr. U.V. Kamath (Ordinary Resolution)

  • Total Votes In Favor: 229,580,455 (99.093%)
  • Total Votes Against: 2,101,389 (0.907%)
  • Public Institutions Vote: 93.5074% in favor
  • Public Non-Institutions Vote: 99.7851% in favor

Resolution 5: Re-appointment of Mr. Akshay Poddar (Ordinary Resolution)

  • Total Votes In Favor: 229,580,730 (99.0931%)
  • Total Votes Against: 2,101,114 (0.9069%)
  • Public Institutions Vote: 93.5074% in favor
  • Public Non-Institutions Vote: 99.7952% in favor

Resolution 6: Ratification of Cost Auditors Remuneration (Ordinary Resolution)

  • Total Votes In Favor: 231,676,269 (99.9976%)
  • Total Votes Against: 5,566 (0.0024%)
  • Public Institutions Vote: 100% in favor
  • Public Non-Institutions Vote: 99.7953% in favor

Resolution 7: Increase in Borrowing Limits [Section 180(1)(c)] (Special Resolution)

  • Total Votes In Favor: 231,674,606 (99.9969%)
  • Total Votes Against: 7,238 (0.0031%)
  • Public Institutions Vote: 100% in favor
  • Public Non-Institutions Vote: 99.7339% in favor

Resolution 8: Creation of Charge on Assets [Section 180(1)(a)] (Special Resolution)

  • Total Votes In Favor: 231,670,047 (99.9949%)
  • Total Votes Against: 11,797 (0.0051%)
  • Public Institutions Vote: 100% in favor
  • Public Non-Institutions Vote: 99.5662% in favor

Voting Mechanics

  • The AGM was conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM).
  • Remote e-voting facility was provided through KFin Technologies' platform.
  • Instapoll (e-voting during meeting) was available for members who hadn't voted remotely.
  • The scrutinizer unblocked remote e-votes in presence of two independent witnesses.
  • No invalid votes or abstentions were recorded across all resolutions.

Financial Impact

Dividend declaration for FY26 was approved, though the specific amount per share is not quantified in this disclosure.

Capital Structure Impact

No change in share capital resulting from these resolutions. All resolutions pertain to approvals, appointments, and declarations without equity issuance or alteration.