AGM Details

  • Meeting Type: 41st Annual General Meeting
  • Date: Thursday, September 03, 2026
  • Time: 11:30 AM to 12:18 PM (IST)
  • Mode: Conducted through Video Conferencing/Other Audio-Visual Means
  • Record Date: August 28, 2026
  • Total Shareholders on Record Date: 6,702

Attendance Details

  • Promoters/Promoter Group present through VC: 1 shareholder
  • Public shareholders present through VC: 78 shareholders
  • Total shareholders present online: 79
  • Quorum requirement was complied with

Proceedings Summary

The AGM was chaired by Mr. Paresh Merchant, Chairman and Managing Director. Key proceedings included:

  • Welcome address to shareholders, Directors, Statutory & Secretarial Auditors
  • Confirmation of quorum by NSDL
  • Explanation of e-voting facility available during and 15 minutes after the meeting
  • Receipt of Board Resolution under Section 113 of Companies Act, 2013 from 1 corporate member holding 1,47,47,161 equity shares (55.01% of total equity share capital)
  • 12 out of 15 registered speaker shareholders asked queries about annual accounts and future business roadmap, which were addressed

Resolutions Considered and Voting Results

Five resolutions were considered and passed with requisite majority:

Resolution 1: Adoption of Financial Statements

  • Description: Adoption of IND AS compliant Audited Standalone and Consolidated Financial Statements for FY 2025-26
  • Resolution Type: Ordinary
  • Result: Passed
  • Total Votes Polled: 1,47,84,327 shares (55.1448% of outstanding shares)
  • Votes in Favor: 1,47,84,306 shares (99.9999% of votes polled)
  • Votes Against: 21 shares (0.0001% of votes polled)

Resolution 2: Dividend Declaration

  • Description: Declaration of Dividend of ₹0.05 per Equity Share of face value ₹1 each for FY 2025-26
  • Resolution Type: Ordinary
  • Result: Passed
  • Total Votes Polled: 1,47,84,327 shares (55.1448% of outstanding shares)
  • Votes in Favor: 1,47,84,306 shares (99.9999% of votes polled)
  • Votes Against: 21 shares (0.0001% of votes polled)

Resolution 3: Re-appointment of Director

  • Description: Re-appointment of Mr. Paresh V. Merchant (DIN: 00660027) as Director retiring by rotation
  • Resolution Type: Ordinary
  • Result: Passed
  • Total Votes Polled: 1,47,84,327 shares (55.1448% of outstanding shares)
  • Votes in Favor: 1,47,84,011 shares (99.9979% of votes polled)
  • Votes Against: 316 shares (0.0021% of votes polled)

Resolution 4: Re-appointment as Managing Director

  • Description: Re-appointment of Mr. Paresh V. Merchant (DIN: 00660027) as Managing Director
  • Resolution Type: Special
  • Result: Passed
  • Total Votes Polled: 1,47,84,327 shares (55.1448% of outstanding shares)
  • Votes in Favor: 1,47,84,011 shares (99.9979% of votes polled)
  • Votes Against: 316 shares (0.0021% of votes polled)

Resolution 5: Related Party Transactions

  • Description: Approval of Material Related Party Transactions of subsidiaries
  • Resolution Type: Ordinary
  • Promoter Interest: Yes
  • Result: Passed
  • Total Votes Polled: 37,166 shares (0.1386% of outstanding shares)
  • Votes in Favor: 22,845 shares (61.4675% of votes polled)
  • Votes Against: 14,321 shares (38.5325% of votes polled)
  • Promoters/Promoter Group abstained from voting on this resolution

Scrutinizer Appointment and Report

  • Name: Mr. Jignesh Pandya, Practicing Company Secretary (CP No. 7346)
  • Firm: M/s. Jignesh M. Pandya & Co.
  • Appointment Date: May 28, 2026
  • Report Date: September 03, 2026
  • The scrutinizer submitted a consolidated report of remote e-voting and voting at the AGM

Voting Process Details

  • Remote e-voting period: August 31, 2026 (9:00 AM) to September 02, 2026 (5:00 PM)
  • E-voting facility also available during the AGM for shareholders who hadn't voted remotely
  • NSDL provided the e-voting platform
  • Voting results and scrutinizer's report will be available on company website (www.veritasindia.net) and NSDL website (https://www.evoting.nsdl.com/)

Document Submission

The filing includes three annexures:

  • Annexure A: Summary of proceedings of the AGM
  • Annexure B: Voting results of remote e-voting and during the AGM
  • Annexure C: Scrutinizer's Report dated September 03, 2026