Meeting Details

  • Meeting Type: Thirty Second Annual General Meeting (AGM)
  • Meeting Date: Tuesday, September 29, 2026
  • Meeting Time: 03:00 p.m. (IST)
  • Meeting Location: Held through Video Conferencing/Other Audio Visual Means
  • Deemed Venue: 3rd Floor, A Wing, D.J. House, Old Nagardas Road, Andheri East, Mumbai 400069

Proposed Resolutions and Implications

The AGM considered two ordinary resolutions:

1. Resolution No. 1: Consideration and Adoption of:

  • (a) The audited standalone financial statements of the Company for the financial year ended March 31, 2026, together with the report(s) of the Board of Directors and Statutory Auditors thereon
  • (b) The audited consolidated financial statements of the Company for the financial year ended March 31, 2026, together with Statutory Auditors' Report thereon

2. Resolution No. 2: Appointment of a director in place of Mr. Atwood Porter Collins (DIN: 09239511), who retires by rotation and being eligible, offers himself for re-appointment

Voting Process and Methods

The voting was conducted through two methods:

  • Remote e-Voting: Commenced on Saturday, September 26, 2026 at 09:00 a.m. (IST) and ended on Monday, September 28, 2026 at 05:00 p.m. (IST)
  • e-Voting during AGM: Conducted for members who attended the AGM and had not voted through Remote e-Voting
  • Voting Service Provider: Central Depository Services (India) Limited (CDSL)
  • Cut-off Date: Tuesday, September 22, 2026 (shareholders on record as of this date were entitled to vote)
  • Scrutinizer: U. Hegde & Associates, Practicing Company Secretaries (ACS 22133 holding Certificate of Practice No. 11161)

Key Voting Outcomes

Overall Participation

  • Total number of shareholders on record date: 26,106
  • Number of shareholders present in the meeting: 0 (physical)
  • Number of shareholders attended through Video Conferencing: 44 (4 Promoter and Promoter Group, 40 Public)

Resolution No. 1 Results

  • Total votes cast: 39,802,194 shares (33.4861% of outstanding shares)
  • Votes in favor: 39,792,535 shares (99.9757% of votes polled)
  • Votes against: 9,659 shares (0.0243% of votes polled)
  • Invalid votes: 0
  • Number of members voted: 65 (62 Remote e-Voting, 0 e-Voting during AGM)

Resolution No. 2 Results

  • Total votes cast: 39,802,194 shares
  • Votes in favor: 39,792,535 shares (99.98% of valid votes cast)
  • Votes against: 9,659 shares (0.02% of valid votes cast)
  • Invalid votes: 0
  • Number of members voted: 65 (62 Remote e-Voting, 0 e-Voting during AGM)

Category-wise Voting Breakdown (Resolution No. 1)

Promoter and Promoter Group:

  • Shares held: 368,002,20
  • Votes polled: 368,002,20 (100.0000% of shares held)
  • Votes in favor: 368,002,20 (100.0000% of votes polled)
  • Votes against: 0 (0.0000%)

Public Institutions:

  • Shares held: 7,138,075
  • Votes polled: 0 (0.0000% of shares held)
  • Votes in favor: 0 (0.0000%)
  • Votes against: 0 (0.0000%)

Public - Non Institutions:

  • Shares held: 749,235,76
  • Votes polled: 30,019,74 (4.0067% of shares held)
  • Votes in favor: 29,923,15 (99.6782% of votes polled)
  • Votes against: 9,659 (0.3218% of votes polled)

Scrutinizer's Role and Findings

Umashankar Hegde of U. Hegde & Associates was appointed as Scrutinizer by the Board of Directors on August 13, 2026. The scrutinizer's responsibilities included:

  • Scrutinizing the Remote e-Voting and e-Voting process in a fair and transparent manner
  • Making a Consolidated Scrutinizer's Report based on reports generated from the e-voting system
  • The scrutiny was conducted in the presence of Mrs. Anuradha Hegde and Mrs. Savita Hegde (not employed by the Company)
  • All resolutions were declared passed with requisite majority

Compliance with Laws and Regulations

The Company confirmed compliance with:

  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of the Companies Act, 2013 read with Rule 20(4) of the Companies (Management and Administration) Rules, 2014
  • MCA Circulars (Reference No. 14/2020, 17/2020, 03/2025, and subsequent circulars)
  • SEBI Circulars (SEBI/HO/CFD/CMD2/CIR/P/2022/62, SEBI/HO/CFD/PoD-2/P/CIR/2023/4, SEBI/HO/DDHS/P/CIR/2023/0164, SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167, SEBI/HO/CFD/CFD-PoD2/P/CIR/2024/133, SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2025/83)
  • Secretarial Standard on General Meetings (SS-2) issued by ICSI