Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

  • Date: Tuesday, September 15, 2026
  • Time: 11:00 a.m. IST
  • Location: Conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM)
  • Type: 39th Annual General Meeting (AGM)
  • Cut-off date: September 8, 2026 (for determining shareholders eligible to vote)

Voting Process and Methods

  • Remote e-voting period: Friday, September 11, 2026 (09:00 a.m.) to Monday, September 14, 2026 (5:00 p.m.)
  • Venue e-voting: Conducted during the AGM on September 15, 2026
  • Service Provider: NSDL (National Securities Depository Limited)
  • Scrutinizer: M/s Ajay Baroota and Associates, Company Secretaries
  • Voting unblocking: September 15, 2026 after conclusion of AGM, witnessed by two independent witnesses

Summary of Proposed Resolutions and Voting Outcomes

All 11 resolutions proposed in the notice dated July 20, 2026 were approved with requisite majority:

Item No. 1: Adoption of audited standalone financial statements

  • Total votes cast: 12,860,164
  • In favor: 12,860,164 (100%)
  • Against: 16 (Negligible)

Item No. 2: Adoption of audited consolidated financial statements

  • Total votes cast: 12,860,144
  • In favor: 12,860,144 (100%)
  • Against: 36 (Negligible)

Item No. 3: Declaration of Final Dividend of Rs. 3.25 (32.50%) per equity share

  • Total votes cast: 12,860,164
  • In favor: 12,860,164 (100%)
  • Against: 16 (Negligible)

Item No. 4: Appointment of Mr. Gaurav Sekhri (DIN00090676) as Director liable to retire by rotation

  • Total votes cast: 7,596,725
  • In favor: 7,596,725 (100%)
  • Against: 36 (Negligible)

Item No. 5: Appointment of Mr. Sanjay Kumar Jain (DIN01014176) as Non-Executive Independent Director (Special Resolution)

  • Total votes cast: 12,767,880
  • In favor: 12,423,240 (97.35%)
  • Against: 337,640 (2.65%)

Item No. 6: Re-appointment and remuneration of Mr. Subodh Kumar Sharma (DIN08947098) as Whole-Time Director (Special Resolution)

  • Total votes cast: 12,860,180
  • In favor: 12,860,138 (100%)
  • Against: 42 (Negligible)

Item No. 7: Approval of remuneration terms modification (increase) for Mr. Bhupinder Kumar Sekhri, Managing Director (Special Resolution)

  • Total votes cast: 6,885,887
  • In favor: 6,544,705 (95.05%)
  • Against: 341,182 (4.95%)

Item No. 8: Approval of remuneration terms modification (increase) for Mr. Gaurav Sekhri, Joint Managing Director (Special Resolution)

  • Total votes cast: 7,596,761
  • In favor: 7,255,579 (95.51%)
  • Against: 341,182 (4.49%)

Item No. 9: Ratification of remuneration of M/s. Pant S. & Associates, Cost Auditor

  • Total votes cast: 12,860,144
  • In favor: 12,860,144 (100%)
  • Against: 36 (Negligible)

Item No. 10: Approval of remuneration of Mrs. Shobha Sekhri holding office or place of profit

  • Total votes cast: 6,885,887
  • In favor: 6,882,019 (99.94%)
  • Against: 3,868 (0.06%)

Item No. 11: Approval of remuneration of Mr. Arnav Sekhri holding office or place of profit

  • Total votes cast: 11,392,677
  • In favor: 11,388,809 (99.97%)
  • Against: 3,868 (0.03%)

Participation Breakdown by Shareholder Category

Total participation: 252 shareholders casting 12,860,180 votes

  • Remote e-voting: 244 shareholders casting 12,860,148 votes
  • Venue e-voting: 8 shareholders casting 32 votes

Scrutinizer's Role and Findings

Mr. Ajay Baroota, FCS 3495 (CP No. 3945) was appointed as Scrutinizer by the Board of Directors. His responsibilities included:

  • Scrutinizing the remote e-voting process before the AGM
  • Scrutinizing the e-voting process during the AGM
  • Preparing consolidated report based on NSDL-generated data
  • Maintaining registers of votes cast both electronically and manually

The scrutinizer confirmed that all resolutions were passed with requisite majority and that the voting process complied with applicable regulations.

Compliance Confirmation

The document confirms compliance with:

  • Companies Act, 2013 and rules made thereunder
  • Secretarial Standard-2 on General Meetings issued by ICSI
  • MCA Circulars (General Circular No. 14/2020, 17/2020, 20/2020, 02/2021, 19/2021, 21/2021 & 02/2022)
  • SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015