Meeting Details

  • 42nd Annual General Meeting held on Friday, 18th September 2026 at 4:00 PM
  • Venue: Registered office at 26(P) Belavadi Industrial Area, Hunsur Road, Mysuru-570 018
  • Scrutinizer: S.J. Madhwaraj, Advocate (Scrutinizer number: 32650 in CDSL Voting System)
  • Cut-off date for shareholder eligibility: Friday, September 11th, 2026
  • E-voting period: Tuesday, 15th September 2026 at 9:00 AM to Thursday, 17th September 2026 at 5:00 PM
  • No venue voting occurred despite ballot papers being available

Shareholder Participation

  • Total shareholders on record date: 5,757
  • Shareholders present in meeting (in person or through proxy): 15
  • Promoters and Promoter Group: 2
  • Public: 13
  • No shareholders attended through video conferencing

Voting Results Summary

All six resolutions proposed at the AGM were approved:

Item No.1: Adoption of Financial Statements

  • Type: Ordinary Resolution
  • Promoter interest: No
  • Votes in Favour: 15,615,163 shares (100% of votes polled)
  • Votes Against: 360 shares (0% of votes polled)
  • Invalid Votes: Nil
  • Total shares voted: 15,615,523 (29.89% of outstanding shares)

Item No.2: Reappointment of Director

  • Type: Ordinary Resolution
  • Director: Mr. Chand Daulat Datwani (DIN: 00355181)
  • Promoter interest: Yes
  • Votes in Favour: 15,615,163 shares (100% of votes polled)
  • Votes Against: 360 shares (0% of votes polled)
  • Invalid Votes: Nil
  • Total shares voted: 15,615,523 (29.89% of outstanding shares)

Item No.3: Related Party Transaction with Dechem Resins Limited

  • Type: Ordinary Resolution
  • Promoter interest: Yes
  • Votes in Favour: 240,035 shares (99.85% of votes polled)
  • Votes Against: 360 shares (0.15% of votes polled)
  • Invalid Votes: Nil
  • Total shares voted: 240,395 (0.46% of outstanding shares)
  • Promoter group abstained from voting

Item No.4: Related Party Transaction with Krishna Enterprises Limited

  • Type: Ordinary Resolution
  • Promoter interest: Yes
  • Votes in Favour: 240,035 shares (99.85% of votes polled)
  • Votes Against: 360 shares (0.15% of votes polled)
  • Invalid Votes: Nil
  • Total shares voted: 240,395 (0.46% of outstanding shares)
  • Promoter group abstained from voting

Item No.5: Related Party Transaction with Father & Son Investment Private Limited

  • Type: Ordinary Resolution
  • Promoter interest: Yes
  • Votes in Favour: 240,035 shares (99.85% of votes polled)
  • Votes Against: 360 shares (0.15% of votes polled)
  • Invalid Votes: Nil
  • Total shares voted: 240,395 (0.46% of outstanding shares)
  • Promoter group abstained from voting

Item No.6: Approval for Sale of Company Asset

  • Type: Special Resolution
  • Regulatory basis: Section 180(1)(a) of Companies Act, 2013 and Regulation 37A(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Promoter interest: No
  • Votes in Favour: 15,615,163 shares (100% of votes polled)
  • Votes Against: 360 shares (0% of votes polled)
  • Invalid Votes: Nil
  • Total shares voted: 15,615,523 (29.89% of outstanding shares)

Shareholding Structure

  • Total outstanding shares: 52,242,494
  • Promoter and Promoter Group: 31,541,910 shares (60.38%)
  • Public Institutions: 11,840 shares (0.02%)
  • Public Non-Institutions: 20,688,744 shares (39.60%)

Key Observations

  • Promoter and promoter group abstained from voting on all related party transaction resolutions (Items 3, 4, and 5) where they had interest
  • Public non-institutional shareholders participated significantly in voting for financial statements (75.47% of their shares voted) and asset sale resolution (75.47% of their shares voted)
  • Only 360 shares voted against any resolution across all agenda items
  • The scrutinizer confirmed the voting process was fair and transparent conducted through CDSL e-voting system