Meeting Details

  • Date: Tuesday, 4th August, 2026
  • Time: 12:30 PM to 1:56 PM (IST)
  • Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Type: 37th Annual General Meeting

Proposed Resolutions and Implications

Four ordinary resolutions were proposed for shareholder approval:

1. Adoption of Standalone Financial Statements for FY 2025-26 with Reports of Board of Directors and Auditors

2. Adoption of Consolidated Financial Statements for FY 2025-26 with Report of Auditors

3. Declaration of Dividend

4. Re-appointment of Mr. Harsh Bahadur (DIN: 00724826) as Director liable to retire by rotation

Voting Process and Methods

  • Remote e-voting period: Friday, 31st July 2026 (10:00 AM IST) to Monday, 3rd August 2026 (5:00 PM IST)
  • E-voting during AGM for shareholders who hadn't voted remotely
  • Cut-off date: Tuesday, 28th July 2026
  • Voting platform: KFin Technologies Limited (www.evoting.kfintech.com)
  • Scrutinizer: Brij Kishore Sharma of M/s. B K Sharma and Associates, Company Secretaries

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 131,425
  • Total shares outstanding: 16,73,52,172
  • Total votes polled: 12,25,81,662 (73.2477% participation)

Resolution-wise Results

Resolution 1: Adoption of Standalone Financial Statements

  • Votes in favor: 12,25,81,600 (99.9999%)
  • Votes against: 62 (0.0001%)
  • Invalid/Abstained: 9954 votes

Resolution 2: Adoption of Consolidated Financial Statements

  • Votes in favor: 12,25,81,100 (99.9995%)
  • Votes against: 622 (0.0005%)
  • Invalid/Abstained: 9954 votes

Resolution 3: Declaration of Dividend

  • Votes in favor: 12,24,41,484 (99.8776%)
  • Votes against: 1,50,062 (0.1224%)
  • Invalid/Abstained: 130 votes

Resolution 4: Re-appointment of Mr. Harsh Bahadur

  • Votes in favor: 12,21,01,837 (99.6005%)
  • Votes against: 4,89,704 (0.3995%)
  • Invalid/Abstained: 130 votes

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares held: 9,59,47,563
  • Votes polled: 9,59,42,563 (99.9947% participation)
  • Voted 100% in favor on all resolutions

Public Institutions

  • Shares held: 3,15,96,389
  • Votes polled: 2,62,64,973 (83.1265% participation)
  • Voted 100% in favor on financial statements and dividend resolutions
  • Voted 98.1568% in favor for director re-appointment (1.8432% against)

Public Non-Institutions

  • Shares held: 3,98,08,220
  • Votes polled: 3,74,126 (0.9398% participation)
  • Voted 99.8338% in favor for consolidated financial statements (0.1662% against)
  • Voted 59.8964% in favor for dividend declaration (40.1036% against)
  • Voted 98.5552% in favor for director re-appointment (1.4448% against)

Scrutinizer's Role and Findings

Brij Kishore Sharma was appointed as Scrutinizer to conduct the remote e-voting process and scrutinize e-voting during the AGM. The scrutinizer certified that the electronic data and relevant records will remain in safe custody until the Chairman approves and signs the minutes of the meeting.

Compliance Statements

The meeting was conducted in compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and Rules made thereunder
  • MCA Circulars Nos. 14/2020, 17/2020, 20/2020, and subsequent circulars including latest Circular No. 03/2025 dated 22 September 2025
  • SEBI circulars issued from time to time

Additional Information

  • 100 public shareholders attended the meeting through Video Conferencing
  • The Register of Directors and KMP and Register of Contracts were made available for electronic inspection
  • Management presented business performance for FY 2025-26 and future outlook
  • Q&A session was conducted where shareholders asked questions addressed by the Managing Director