Meeting Details

The Thirty First Annual General Meeting was held on Friday, 18th September 2026 at 12:00 Noon (IST) through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting was conducted remotely in accordance with MCA and SEBI circulars.

Proposed Resolutions and Implications

The AGM considered 10 resolutions covering:

  • Item 1: Adoption of Audited Standalone Financial Statements for year ended 31st March 2026
  • Item 3: Declaration of Final Dividend on Equity Shares for FY ended March 31, 2026
  • Item 4: Re-appointment of Mr. Shankar Lal Sharma (DIN: 09018381) as Director liable to retire by rotation
  • Item 5: Appointment of M/s V.K. Dhingra & Co. as Auditors
  • Item 6: Re-appointment of Mr. Raj Kumar Adlakha (DIN: 00133256) as Managing Director and approval of remuneration
  • Item 7: Re-appointment of Mr. Ravi Kumar (DIN: 02362615) as Independent Director
  • Item 9: Consent under Section 180(1)(c) of Companies Act, 2013 for borrowings
  • Item 10: Remuneration of Cost Auditor

Voting Process and Methods

The voting was conducted through two methods:

1. Remote e-voting: Available from 15th September 2026 (09:00 a.m.) to 17th September 2026 (05:00 p.m.) through National Securities Depository Limited

2. E-voting during AGM: Available on 18th September 2026 for members attending through VC/OAVM who hadn't voted remotely

The cut-off date for determining voting eligibility was Friday, 11th September 2026.

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total Valid Votes Cast: 232,659,37
  • Votes in Favour: 232,655,84 (100.00%)
  • Votes Against: 353 (0.00%)
  • Remote e-voting: 232,677,13 votes from 187 members
  • E-voting during AGM: 4,224 votes from 17 members

Resolution 3: Final Dividend Declaration

  • Total Valid Votes Cast: 232,659,37
  • Votes in Favour: 232,655,84 (100.00%)
  • Votes Against: 353 (0.00%)
  • Remote e-voting: 232,677,13 votes from 187 members
  • E-voting during AGM: 4,224 votes from 17 members

Resolution 4: Re-appointment of Shankar Lal Sharma

  • Total Valid Votes Cast: 232,659,37
  • Votes in Favour: 232,655,68 (100.00%)
  • Votes Against: 369 (0.00%)
  • Remote e-voting: 232,677,13 votes from 187 members
  • E-voting during AGM: 4,224 votes from 17 members

Resolution 6: Re-appointment of Raj Kumar Adlakha as MD

  • Total Valid Votes Cast: 211,315,30
  • Votes in Favour: 211,203,09 (99.95%)
  • Votes Against: 11,227 (0.05%)
  • Remote e-voting: 211,233,12 votes from 186 members
  • E-voting during AGM: 4,224 votes from 11 members

Resolution 7: Re-appointment of Ravi Kumar as Independent Director

  • Total Valid Votes Cast: 232,661,55
  • Votes in Favour: 232,658,02 (100.00%)
  • Votes Against: 353 (0.00%)
  • Remote e-voting: 232,619,31 votes from 188 members
  • E-voting during AGM: 4,224 votes from 11 members

Resolution 9: Borrowings under Section 180(1)(c)

  • Total Valid Votes Cast: 232,661,55
  • Votes in Favour: 232,658,02 (100.00%)
  • Votes Against: 353 (0.00%)
  • Remote e-voting: 232,619,31 votes from 188 members
  • E-voting during AGM: 4,224 votes from 11 members

Resolution 10: Remuneration of Cost Auditor

  • Total Valid Votes Cast: 232,661,55
  • Votes in Favour: 232,658,01 (100.00%)
  • Votes Against: 354 (0.00%)
  • Remote e-voting: 232,619,31 votes from 188 members
  • E-voting during AGM: 4,224 votes from 11 members

Scrutinizer's Role and Findings

Mr. Naveen Kumar Rastogi, Practicing Company Secretary (FCS: 3685, C.P. No.: 3785) of M/s N.K. Rastogi & Associates, was appointed as Scrutinizer. He unblocked the e-voting results on 18th September 2026 at 14:21 hrs in the presence of witnesses Mr. Gaurav Pal and Ms. Parineeta (not company employees). The scrutinizer confirmed that all resolutions were passed with requisite majority and maintained all voting records electronically and manually.

Compliance Confirmation

The company confirmed compliance with:

  • Section 108 of Companies Act, 2013
  • Rule 20 & 21 of Companies (Management and Administration) Rules, 2014
  • SEBI (LODR) Regulations, 2015
  • MCA and SEBI circulars

Notice was sent electronically on 24th August 2026 and published in Financial Express (English) and Veer Arjun (Hindi) on 20th August 2026 and 25th August 2026.

Additional Information

  • Company CIN: L99999UR1993PLC032518
  • The scrutinizer's report includes UDIN: L99999UR1993PLC032518