Meeting Details

  • Date: Friday, September 25th, 2026
  • Time: 11:00 A.M. (IST)
  • Location: Conducted through Video Conferencing/Other Audio Visual Means
  • Type of Meeting: 14th Annual General Meeting

Proposed Resolutions and Implications

Four resolutions were proposed for shareholder approval:

1. Ordinary Resolution: To receive, consider and adopt the financial statement including Audited Balance Sheet as on 31st March 2026 and Profit & Loss Account for the year ended on that date and reports of Board of Directors and Auditor thereon and Cash Flow Statement

2. Ordinary Resolution: To appoint a director in place of Shri Hiteshkumar Gordhanbhai Thummar (DIN: 02112952), Managing Director, who retires by rotation

3. Special Resolution: Re-Appointment of Shri Hiteshkumar Gordhanbhai Thummar (DIN: 02112952) as Chairman & Managing Director and Approval of Remuneration

4. Ordinary Resolution: Ratification of remuneration of the Cost Auditor (M/s. Mitesh Suvagiya & Co.) for the Financial Year 2026-27 amounting to ₹40,000/- plus applicable taxes

Voting Process and Methods

  • Remote E-voting Period: September 22, 2026 (9:00 a.m.) to September 24, 2026 (5:00 p.m.)
  • E-voting Provider: National Securities Depository Limited (NSDL)
  • Voting Methods: Remote e-voting only (no ballot paper or postal ballot used)
  • Record Date: September 18, 2026
  • Total Shareholders on Record Date: 57,747 (Fifty-Seven Thousand Seven Hundred Forty-Seven Only)

Key Voting Outcomes

Overall Participation

  • Total Outstanding Shares: 130,040,000
  • Total Votes Polled: 64,866,205 shares
  • Percentage of Votes Polled: 49.88%

Resolution-wise Results

Resolution 1 - Adoption of Financial Statements

  • Total Votes in Favor: 64,863,629 (99.9960% of votes polled)
  • Total Votes Against: 2,576 (0.0040% of votes polled)
  • Number of Members Voting For: 76
  • Number of Members Voting Against: 3

Resolution 2 - Reappointment of Director

  • Total Votes in Favor: 64,861,629 (99.9929% of votes polled)
  • Total Votes Against: 4,576 (0.0071% of votes polled)
  • Number of Members Voting For: 75
  • Number of Members Voting Against: 4

Resolution 3 - Reappointment as Chairman & MD with Remuneration

  • Total Votes in Favor: 64,860,929 (99.9919% of votes polled)
  • Total Votes Against: 5,276 (0.0081% of votes polled)
  • Number of Members Voting For: 74
  • Number of Members Voting Against: 5

Resolution 4 - Ratification of Cost Auditor Remuneration

  • Total Votes in Favor: 64,863,629 (99.9960% of votes polled)
  • Total Votes Against: 2,576 (0.0040% of votes polled)
  • Number of Members Voting For: 76
  • Number of Members Voting Against: 3

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares Held: 64,265,757
  • Votes Polled: 58,950,757 (91.73% of shares held)
  • Voting Method: 100% through e-voting
  • Voted in Favor: 100% across all resolutions

Public Institutions

  • Shares Held: 630,130
  • Votes Polled: 0 (0% participation)

Public Non-Institutions

  • Shares Held: 65,144,113
  • Votes Polled: 5,915,448 (9.08% of shares held)
  • Voting Method: 100% through e-voting
  • Approval Rates: Ranged from 99.91% to 99.96% across resolutions

Scrutinizer's Role and Findings

  • Scrutinizer: Piyush Jethva, Practising Company Secretary (FCS: 6377, CP: 5452)
  • Appointment Date: August 24, 2026 by Board of Directors
  • Votes Unblocked: September 25, 2026 at approximately 03.53 p.m.
  • Witnesses: Mr. Harsh Popat and Ms. Ruchita Trivedi (both from Rajkot, not company employees)
  • Findings: All resolutions passed with requisite majority. No invalid votes were cast.
  • Special Note: Two promoters voted through different DP IDs but were consolidated as a single person for reporting purposes.

Compliance with Laws and Regulations

The voting process complied with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars issued by Ministry of Corporate Affairs

Additional Information

  • Corporate Identification Number: L27320GJ2012PLC071594
  • Company Address: Plot No. 1-5, Survey No. 92/1, Near Shan Cement, Hadamtala Industrial Area, Tal: Kotda Sangani, Hadamtala Rajkot-360311, (Gujarat) India
  • Notice Publication: Indian Express (English) and Financial Express (Gujarati) on September 1, 2026
  • Documents Available: Voting results and scrutinizer's report uploaded on company website www.tirupatiforge.com