Voting Process and Administration

The AGM was held on August 20, 2026, at 03:30 PM through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). Mr. D.A. Rupawala, Proprietor of M/s D.A. Rupawala & Associates, Chartered Accountant, was appointed as the scrutinizer by the board of directors via a resolution dated July 20, 2026. The company utilized the e-voting facility provided by MUFG Intime India Private Limited (formerly Link Intime India Private Limited). The cut-off date for determining shareholder eligibility to vote was August 13, 2026. The remote e-voting period commenced on Monday, August 17, 2026, at 09:00 AM and ended on Wednesday, August 19, 2026, at 5:00 PM. E-voting was also made available during the AGM for shareholders who had not voted remotely.

Voting Results

All eight resolutions proposed at the AGM were passed with the requisite majority. The results for each resolution are detailed below:

Ordinary Business

1. Resolution No. 1: Adoption of Financial Statements

To receive, consider and adopt the Audited Balance Sheet as on March 31, 2026, and the Profit and Loss Account for the year ended on that date and the Report of Directors and Auditors thereon (Ordinary Resolution).

  • Votes in Favor: 2,653,553 (100% of valid votes)
  • Remote E-voting: 2,156,134 votes from 2,156,134 members
  • E-voting during AGM: 497,419 votes from 497,419 members
  • Votes Against: 0
  • Invalid Votes: 0

2. Resolution No. 2: Re-appointment of Mr. Roshan P Sanghvi (DIN: 01006989)

To appoint a director in place of Mr. Roshan P Sanghvi, who retires by rotation and, being eligible, seeks re-appointment (Ordinary Resolution).

  • Votes in Favor: 2,452,486 (100% of valid votes)
  • Remote E-voting: 1,955,067 votes from 1,955,067 members
  • E-voting during AGM: 497,419 votes from 497,419 members
  • Votes Against: 0
  • Invalid Votes: 0

3. Resolution No. 3: Re-appointment of Mr. Deepak T Mehta (DIN: 00156096)

To appoint a director in place of Mr. Deepak T Mehta, who retires by rotation and, being eligible, seeks re-appointment (Ordinary Resolution).

  • Votes in Favor: 2,653,552 (100% of valid votes)
  • Remote E-voting: 2,156,133 votes from 2,156,133 members
  • E-voting during AGM: 497,419 votes from 497,419 members
  • Votes Against: 0
  • Invalid Votes: 0

4. Resolution No. 4: Re-appointment of a Director (DIN: 01007020)

To appoint a director in place of MR. S (DIN: 01007020), who retires by rotation and, being eligible, seeks re-appointment (Ordinary Resolution).

  • Votes in Favor: 2,524,439 (100% of valid votes)
  • Remote E-voting: 2,027,020 votes from 2,027,020 members
  • E-voting during AGM: 497,419 votes from 497,419 members
  • Votes Against: 0
  • Invalid Votes: 0

5. Resolution No. 5: Declaration of Dividend

To declare dividend for the financial year ended March 31, 2026.

  • Votes in Favor: 2,653,553 (100% of valid votes)
  • Remote E-voting: 2,156,134 votes from 2,156,134 members
  • E-voting during AGM: 497,419 votes from 497,419 members
  • Votes Against: 0
  • Invalid Votes: 0

6. Resolution No. 6: Ratification of Cost Auditor Remuneration

To ratify the remuneration of Cost Auditor B.R. & Associates to the board for the FY 2026-2027 (Ordinary Resolution).

  • Votes in Favor: 2,653,553 (100% of valid votes)
  • Remote E-voting: 2,156,134 votes from 2,156,134 members
  • E-voting during AGM: 497,419 votes from 497,419 members
  • Votes Against: 0
  • Invalid Votes: 0
Special Business

7. Resolution No. 7: Re-appointment of Mr. Manish R Patel (DIN: 09547012)

Re-appointment of Mr. Manish R Patel for a second term as Non-Executive and Independent Director of the Company.

  • Votes in Favor: 2,653,553 (100% of valid votes)
  • Remote E-voting: 2,156,134 votes from 2,156,134 members
  • E-voting during AGM: 497,419 votes from 497,419 members
  • Votes Against: 0
  • Invalid Votes: 0

8. Resolution No. 8: Sale of Surplus Land & Building

To approve the sale/disposal of a surplus land & building parcel of the company situated at Noida.

  • Votes in Favor: 2,653,553 (100% of valid votes)
  • Remote E-voting: 2,156,134 votes from 2,156,134 members
  • E-voting during AGM: 497,419 votes from 497,419 members
  • Votes Against: 0
  • Invalid Votes: 0

Scrutinizer's Certification

The scrutinizer, Mr. D.A. Rupawala, certified that all resolutions were carried with the requisite majority. The supporting documents and data related to the e-voting process are to be handed over to the Company Secretary for safekeeping after the Chairman approves and signs the meeting minutes.