Meeting Details
- Date: September 30, 2026
- Type: 33rd Annual General Meeting
- Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
- Record Date: September 23, 2026 (cut-off date for remote e-voting and e-voting at AGM)
Proposed Resolutions and Outcomes
All five resolutions were passed with requisite majority:
1. Ordinary Resolution: Adoption of Audited Financial Statements as on March 31, 2026 with Board of Directors and Auditors reports
- Result: Passed with Requisite Majority
2. Ordinary Resolution: Appointment of Mr. Udai Kothari (DIN: 00284256) as Director who retires by rotation
- Result: Passed with Requisite Majority
3. Ordinary Resolution: Appointment of M/s. Praveen K Srivastava & Co. (Firm Registration No. 013251C) as Statutory Auditors for 5 years
- Result: Passed with Requisite Majority
4. Special Resolution: Re-appointment of Mr. Dinesh Burman as Whole-time Director for three years effective May 30, 2027
- Result: Passed with Requisite Majority
5. Ordinary Resolution: Approval of material related party transactions
- Result: Passed with Requisite Majority
Voting Process and Methods
- Remote e-voting period: September 27, 2026 (10:00 AM IST) to September 29, 2026 (5:00 PM IST)
- E-voting system: CDSL e-Voting System (www.evotingindia.com)
- Voting methods: Remote e-voting and e-voting at AGM venue
- Physical attendance: Dispensed with as per MCA and SEBI circulars
Key Voting Outcomes
Shareholder Participation
- Total shareholders on record date: 19,920
- Shareholders attended through VC: 78 (6 Promoters + 72 Public)
- Total votes cast: 14,07,10,811 shares (73.97% of outstanding shares)
Resolution-wise Voting Breakdown
Resolution 1 (Financial Statements Adoption):
- Total votes: 14,07,10,811 shares (73.97% participation)
- Votes in favor: 14,07,10,688 shares (100.00% of votes polled)
- Votes against: 123 shares (0.00% of votes polled)
Resolution 2 (Udai Kothari Appointment):
- Data not fully extractable from table format
Resolution 3 (Auditor Appointment):
- Data not fully extractable from table format
Resolution 4 (Dinesh Burman Re-appointment):
- Total votes: 14,07,10,811 shares (73.97% participation)
- Votes in favor: 14,07,09,688 shares (100.00% of votes polled)
- Votes against: 1,123 shares (0.02% of votes polled)
Resolution 5 (Related Party Transactions):
- Total votes: 46,91,005 shares (2.47% participation)
- Votes in favor: 46,85,382 shares (99.88% of votes polled)
- Votes against: 5,623 shares (0.12% of votes polled)
Shareholder Category Breakdown
Promoter and Promoter Group:
- Shares held: 13,60,19,806
- Votes polled: 13,60,19,806 (100.00% participation)
- Consistently voted 100% in favor on all resolutions
Public - Institutional Holders:
- Shares held: 1,24,023
- Minimal voting participation
Public - Non-Institutional (including Clearing Members):
- Shares held: 5,40,94,500
- Votes polled: 46,91,005 (8.67% participation)
- Majority in favor with small opposition on resolutions 4 and 5
Scrutinizer's Role and Findings
- Scrutinizer: K.A. Malia Associates, Solicitors & Advocates
- Appointment date: September 5, 2026 by Board of Directors
- Responsibilities: Receiving, processing and scrutinizing e-voting; ascertaining requisite majority
- Voting unblocking: September 30, 2026 at 1:51 PM in presence of witnesses Naveen Agarwal and Guria Paul
- Conclusion: All resolutions passed with requisite majority as required
Compliance Confirmation
- Conducted in compliance with Section 108 and 110 of Companies Act, 2013
- Follows Rule 20 and 22 of Companies (Management and Administration) Rules, 2014
- Adheres to MCA Circular Nos. 14/2020, 17/2020, 20/2020 and subsequent circulars including General Circular No. 03/2025
- Complies with SEBI master circular dated January 30, 2026
- Notice sent electronically to members registered email addresses