Meeting Details

The 91st Annual General Meeting was held on Tuesday, September 22, 2026 from 10:30 a.m. to 11:24 a.m. through Video Conferencing/Other Audio Visual Means. Record date was September 15, 2026 with 123,952 shareholders on record.

Attendance

  • Promoters and promoter group: 3 attendees via VC
  • Public shareholders: 102 attendees via VC

Voting Results Summary

All nine resolutions were declared passed with requisite majority:

Resolution 1: Adoption of Financial Statements

  • Ordinary resolution to adopt Audited Financial Statements (Standalone and Consolidated) for FY ended March 31, 2026
  • Total votes: 152,901,496 shares (61.78% of outstanding)
  • In favor: 138,241,441 shares (90.41%)
  • Against: 14,660,055 shares (9.59%)
  • Significant institutional dissent: 31.40% against from public institutions

Resolution 2: Final Dividend Declaration

  • Ordinary resolution to declare final dividend of ₹1 per equity share (10%) for FY 2025-26
  • Total votes: 152,901,496 shares (61.78%)
  • In favor: 152,611,034 shares (99.81%)
  • Against: 290,462 shares (0.19%)

Resolution 3: Reappointment of Director

  • Ordinary resolution to reappoint Mr. Chemangala Ramachar Ramesh (DIN: 08876738) who retired by rotation
  • Total votes: 152,901,496 shares (61.78%)
  • In favor: 152,752,747 shares (99.90%)
  • Against: 148,749 shares (0.10%)

Resolution 4: Cost Auditor Remuneration

  • Ordinary resolution to ratify remuneration payable to Cost Auditors for FY 2026-27
  • Total votes: 152,901,496 shares (61.78%)
  • In favor: 152,901,383 shares (99.9999%)
  • Against: 113 shares (0.0001%)

Resolution 5: Reappointment of Chairman & MD

  • Special resolution to reappoint and approve remuneration of Mr. Amit Dahanukar (DIN: 00305636) as Chairman and Managing Director
  • Promoters interested: Yes
  • Total votes: 152,901,496 shares (61.78%)
  • In favor: 148,552,148 shares (97.16%)
  • Against: 4,349,348 shares (2.84%)
  • Significant institutional dissent: 9.31% against from public institutions

Resolution 6: Reappointment of Whole-Time Director

  • Special resolution to reappoint and approve remuneration of Mr. Chemangala Ramachar Ramesh (DIN: 08876738) as Whole-Time Director
  • Total votes: 152,901,496 shares (61.78%)
  • In favor: 148,311,780 shares (96.99%)
  • Against: 4,589,716 shares (3.00%)
  • Significant institutional dissent: 9.83% against from public institutions

Resolution 7: Appointment of Independent Director

  • Special resolution to appoint Ms. Bhumika Batra (DIN: 03502004) as Independent Director
  • Total votes: 152,900,961 shares (61.78%)
  • In favor: 148,736,056 shares (97.28%)
  • Against: 4,164,905 shares (2.72%)
  • Significant institutional dissent: 8.92% against from public institutions

Resolution 8: Commission to Non-Executive Directors

  • Special resolution to authorize payment of commission to Non-Executive (including Independent) Directors
  • Total votes: 152,901,495 shares (61.78%)
  • In favor: 152,793,936 shares (99.93%)
  • Against: 107,559 shares (0.07%)

Resolution 9: Commission to Executive Directors

  • Special resolution to authorize payment of commission to Executive Directors
  • Promoters interested: Yes
  • Total votes: 152,901,496 shares (61.78%)
  • In favor: 148,052,809 shares (96.83%)
  • Against: 4,848,687 shares (3.17%)
  • Significant institutional dissent: 10.38% against from public institutions

Scrutinizer Details

  • Name: Adv. R.T. RajGuroo
  • Firm: R.T. RajGuroo & Associates
  • Qualification: Advocate
  • Membership Number: MAH/732/2015
  • Appointment Date: May 29, 2026
  • Report Date: September 23, 2026

Voting Process

  • Remote e-voting period: September 17, 2026 (9:00 a.m.) to September 21, 2026 (5:00 p.m.)
  • E-voting during AGM: September 22, 2026
  • Voting system: Central Depository Services (India) Limited (CDSL)
  • Total shareholders who voted: 397
  • No invalid votes recorded across all resolutions