Date, Location, and Type of Meeting

The 36th Annual General Meeting was held on Thursday, 17th September, 2026 through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting commenced at 12:30 p.m. and concluded at 12:55 p.m. on the same date.

Meeting Proceedings and Leadership

Since Mr. Shri Paul Oswal, Chairman was unable to attend the meeting, Mr. Bal Krishan Choudhary, Vice-Chairman, chaired the meeting. The requisite quorum being present, the Chairman declared the meeting as commenced.

Voting Process and Methods

The Company provided remote e-Voting facility through CDSL which commenced at 09:00 a.m. on 14th September, 2026 and ended at 05:00 p.m. on 16th September, 2026. Members who had not cast their vote through remote e-Voting could vote through Venue Voting facility during the meeting.

Resolutions Proposed

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 together with Report of Board of Directors and Auditors thereon (Ordinary Resolution)

2. To declare a dividend of ₹1.50 per equity share for the year ended 31st March, 2026 (Ordinary Resolution)

3. To appoint a Director in place of Mr. Sachit Jain (DIN: 00746409), who retires by rotation and offers himself for re-appointment (Ordinary Resolution)

4. To appoint a Director in place of Mr. Bal Krishan Choudhary (DIN: 00307110), who retires by rotation and offers himself for re-appointment (Ordinary Resolution)

Special Business:

5. To approve annual remuneration payable to a single non-executive director in excess of the limit of 50% of the total annual remuneration payable to all non-executive directors (Special Resolution)

6. To approve continuation of directorship of Mr. Bal Krishan Choudhary as a Non-Executive Director of the Company (Special Resolution)

7. To ratify remuneration payable to Cost Auditors for the financial year ending 31st March, 2027 (Ordinary Resolution)

Scrutinizer Appointment

M/s Khanna Ashwani & Associates, Company Secretaries were appointed as the Scrutinizer for the purpose of scrutinizing the e-Voting process.

Results Dissemination

The results of the e-Voting were to be disseminated to the stock exchange and uploaded on the website of the Company and CDSL (www.evotingindia.com) within 2 working days of conclusion of the Annual General Meeting.

Compliance Framework

The meeting was conducted in compliance with:

  • Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Provisions of the Companies Act, 2013
  • Relevant circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India