Meeting Details
The 42nd Annual General Meeting was held on 10th September 2026 at 11:00 am (IST) through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting started at 2:30 PM and ended at 3:35 PM.
Voting Process Details
Remote e-voting period remained open from Monday, 7th September 2026 (9:00 a.m.) to Wednesday, 9th September 2026 (5:00 p.m.). The cut-off date for determining members entitled to vote was 3rd September 2026. The paid-up capital as on cut-off date was ₹7,18,78,300 divided into 71,87,830 equity shares of ₹10 each. Total number of shareholders on record date was 19,044.
CS Manoj Rajaram Hurkat (FCS-4287, CP-2574) was appointed as Scrutinizer by the Board of Directors in their meeting dated 13th August 2026. The e-voting facility was provided by Central Depository Services (India) Limited (CDSL).
Attendance Details
- Promoters and promoter group attended through video conferencing: 14 members
- Public shareholders attended through video conferencing: 53 members
- No shareholders were present in person or through proxy
Resolution Voting Results
Resolution 1: Ordinary Business - Ordinary Resolution
Adoption of Standalone and Consolidated Audited Financial Statements for the year ended 31st March 2026
- Total votes polled: 4,750,064 (66.0848% of outstanding shares)
- Votes in favor: 4,750,008 (99.9988% of votes polled)
- Votes against: 56 (0.0012% of votes polled)
- Invalid votes: 0
- Resolution: PASSED
Resolution 2: Ordinary Business - Ordinary Resolution
Declaration of dividend on equity shares for financial year 2025-26
- Total votes polled: 4,750,014 (66.0841% of outstanding shares)
- Votes in favor: 4,750,009 (99.9999% of votes polled)
- Votes against: 5 (0.0001% of votes polled)
- Invalid votes: 50
- Resolution: PASSED
Resolution 3: Ordinary Business - Ordinary Resolution
Re-appointment of Mr. Janmajay V. Gandhi (DIN: 02891386) as Director retiring by rotation
- Total votes polled: 4,750,014 (66.0841% of outstanding shares)
- Votes in favor: 4,750,008 (99.9999% of votes polled)
- Votes against: 6 (0.0001% of votes polled)
- Invalid votes: 50
- Resolution: PASSED
Resolution 4: Special Business - Ordinary Resolution
Omnibus approval of Renewal of Sale and Purchase Agreement with Vadilal Enterprises Limited, Material Related Party Transaction
- Total votes polled: 253,134 (3.5217% of outstanding shares)
- Votes in favor: 253,078 (99.9779% of votes polled)
- Votes against: 56 (0.0221% of votes polled)
- Promoter and promoter group votes: 0 (excluded as related parties)
- Invalid votes: 4,496,930
- Resolution: PASSED
Category-wise Voting Breakdown
Detailed category-wise voting results are provided for each resolution showing breakdown by Promoter & Promoter Group, Public Institutions, and Public Non-Institutions.
Scrutinizer's Report Date
10th September 2026