Meeting Details
The 5th Annual General Meeting was held on Monday, September 21, 2026, at 11:30 a.m. through Video Conferencing/Other Audio-Visual Means in compliance with MCA General Circulars and SEBI Circulars.
Proposed Resolutions and Implications
Two ordinary resolutions were considered:
1. Adoption of Financial Statements for the financial year ended March 31, 2026
2. Re-appointment of Mr. Jatin Chokshi (DIN: 00495015) as Managing Director, liable to retire by rotation
Voting Process and Methods
The voting process utilized multiple methods:
- Remote e-voting conducted through NSDL from September 16, 2026 (9:00 a.m.) to September 20, 2026 (5:00 p.m.)
- Electronic voting during the AGM on September 21, 2026
- Cut-off date for shareholder eligibility was September 14, 2026
Key Voting Outcomes
Resolution 1: Adoption of Financial Statements
- Total votes cast: 196,756,015 (80.08% of outstanding shares)
- Votes in favor: 196,747,342 (99.99% of votes polled)
- Votes against: 8,673 (0.01% of votes polled)
Category-wise breakdown:
- Promoter and Promoter Group: 176,004,415 votes (100% participation, 100% in favor)
- Public Institutions: 174,465,15 votes (98.71% participation, 100% in favor)
- Public-Non Institutions: 33,050,85 votes (6.35% participation, 99.74% in favor)
Resolution 2: Re-appointment of Managing Director
- Total votes cast: 196,364,807 (79.92% of outstanding shares)
- Votes in favor: 196,207,563 (99.92% of votes polled)
- Votes against: 157,244 (0.08% of votes polled)
Category-wise breakdown:
- Promoter and Promoter Group: 176,004,415 votes (100% participation, 100% in favor)
- Public Institutions: 17,446,515 votes (98.71% participation, 99.36% in favor, 0.64% against)
- Public-Non Institutions: 2,913,877 votes (5.60% participation, 98.45% in favor, 1.55% against)
Scrutinizer's Role and Findings
Mr. Vijay Yadav (Partner of AVS & Associates, Practicing Company Secretaries) was appointed as Scrutinizer. His responsibilities included:
- Conducting remote e-voting under Section 108 of Companies Act, 2013
- Conducting electronic voting at AGM under Section 109 of Companies Act, 2013
- Ensuring fair and transparent voting process through NSDL's electronic voting system
- Submitting consolidated report on voting results
The scrutinizer confirmed zero invalid votes across all shareholder categories and found all resolutions passed with requisite majority.
Compliance Confirmation
The document confirms compliance with:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Companies Act, 2013 and Companies (Management and Administration) Rules, 2014
- MCA General Circulars and SEBI Circulars regarding virtual meetings