Meeting Details

  • Type of Meeting: Annual General Meeting (AGM)
  • Date of Meeting: September 30, 2026
  • Meeting Times: Started at 3:45 PM, ended at 4:06 PM
  • Record Date: September 23, 2026
  • Total Shareholders on Record Date: 13,939

Shareholder Participation

  • Physical Attendance: No shareholders were present in person or through proxy (0 promoters, 0 public).
  • Virtual Attendance: 56 shareholders attended through video conferencing (5 from promoter group, 51 public).

Proposed Resolutions and Implications

Four ordinary resolutions were proposed and passed:

1. Reappointment of Mr. Pawan Kumar Jha (DIN: 06812944) as a director retiring by rotation under Section 152(6) of the Companies Act, 2013.

2. Ratification of remuneration for M/s Sanat Joshi & Associates, Cost Accountants, as Cost Auditors for FY 2026-27.

3. Approval for related party transactions with Kwality Foundry Industries.

4. One additional resolution (details not fully specified in data).

Voting Process and Methods

  • Primary Method: E-voting
  • Secondary Method: Poll during meeting
  • Scrutinizer: PRAVEEN KUMAR KANUNGO of Kanungo Agrawal & Co. (Firm), a Company Secretary (Membership No. F13444)
  • Scrutinizer Appointment: Approved in Board Meeting on June 4, 2026
  • Report Issuance Date: October 1, 2026

Key Voting Outcomes

Overall Voting Summary

  • Total Shares Outstanding: 32,946,153
  • Total Votes Polled: 20,389,167 shares (61.8863% of outstanding shares)
  • Total Votes in Favor: 20,388,987 (99.9991% of votes polled)
  • Total Votes Against: 180 (0.0009% of votes polled)
  • Invalid Votes: 20,385,153 (all from promoter group on resolution involving Kwality Foundry Industries)

Category-wise Breakdown

Promoter and Promoter Group (20,446,153 shares)
  • E-voting: 20,385,153 votes polled (99.7017% of shares held)
  • All votes were in favor on all resolutions except where interested
  • Invalidated Votes: 20,385,153 votes on Kwality Foundry resolution (interested parties not entitled to vote)
Public Institutions (0 shares)
  • No shareholding or voting participation
Public Non-Institutions (12,500,000 shares)
  • Total Votes Polled: 4,014 shares (0.0321% of shares held)
  • E-voting: 2,759 votes (95.2881% in favor, 4.7119% against)
  • Poll: 1,255 votes (100% in favor)
  • Total in Favor: 3,834 shares (95.5157%)
  • Total Against: 180 shares (4.4843%)

Scrutinizer's Role and Findings

Praveen Kumar Kanungo of Kanungo Agrawal & Co. was appointed scrutinizer who certified the voting results. The scrutinizer identified and invalidated 20,385,153 votes from the promoter group on the resolution concerning Kwality Foundry Industries since they were interested parties not entitled to vote on this specific resolution.

Compliance Statement

The company confirmed that all four resolutions were passed by requisite majority and the voting process complied with SEBI (LODR) Regulations 2015 and the Companies Act, 2013.