Meeting Details

The 44th Annual General Meeting of Equity Shareholders was held on Friday, 18th September 2026 at 3:00 PM through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting concluded at 3:54 PM.

Scrutinizer Appointment and Process

Dineshkumar G. Bhimani, Proprietor of D.G. Bhimani & Associates, Company Secretaries, was appointed as Scrutinizer through Board Meeting dated 11th August 2026. The e-voting period commenced on 15th September 2026 from 9:00 AM and ended on 17th September 2026 at 5:00 PM through services provided by National Securities Depository Limited. Shareholders holding shares as on cut-off date of 11th September 2026 were entitled to vote. Votes were blocked at Anand on 18th September 2026 at 4:35 PM in the presence of two witnesses, Mr. Harbinder Singh and Mr. Sohan Singh, who are not in employment of the Company.

Resolution-wise Voting Results

RESOLUTION NO. 1 - ORDINARY RESOLUTION

To receive, consider and adopt: a) Audited Standalone Financial Statements for FY ended 31st March 2026; b) Audited Consolidated Financial Statements for FY ended 31st March 2026.

Voting Results:

  • Total votes polled: 160,700,065 (75.5552% of outstanding shares)
  • Votes in favor: 160,699,980 (99.9999% of votes polled)
  • Votes against: 85 (0.0001% of votes polled)
  • Resolution: Passed

Category-wise Breakdown:

  • Promoter & Promoter Group: 154,529,200 votes (100% in favor)
  • Public Institutions: 5,850,648 votes (100% in favor)
  • Public Non-Institutions: 320,217 votes (99.9735% in favor, 0.0265% against)

RESOLUTION NO. 2 - ORDINARY RESOLUTION

To appoint Mrs. Shilpa Rathi (DIN: 00410092), who retires by rotation, for re-appointment as Director.

Voting Results:

  • Total votes polled: 160,700,065 (75.5552% of outstanding shares)
  • Votes in favor: 160,535,508 (99.8976% of votes polled)
  • Votes against: 164,557 (0.1024% of votes polled)
  • Resolution: Passed

Category-wise Breakdown:

  • Promoter & Promoter Group: 154,529,200 votes (100% in favor)
  • Public Institutions: 5,850,648 votes (97.3867% in favor, 2.6133% against)
  • Public Non-Institutions: 320,217 votes (96.3584% in favor, 3.6416% against)

RESOLUTION NO. 3 - ORDINARY RESOLUTION

To appoint D.G. Bhimani & Associates, Practicing Company Secretaries, Peer Reviewed, as Secretarial Auditor for 5 consecutive years and fix remuneration.

Voting Results:

  • Total votes polled: 160,700,065 (75.5552% of outstanding shares)
  • Votes in favor: 160,546,686 (99.9046% of votes polled)
  • Votes against: 153,379 (0.0954% of votes polled)
  • Resolution: Passed

Category-wise Breakdown:

  • Promoter & Promoter Group: 154,529,200 votes (100% in favor)
  • Public Institutions: 5,850,648 votes (97.3867% in favor, 2.6133% against)
  • Public Non-Institutions: 320,217 votes (99.8492% in favor, 0.1508% against)

RESOLUTION NO. 4 - ORDINARY RESOLUTION

To consider and ratify remuneration payable to J.B. Mistri & Co., Cost Accountants as Cost Auditors for FY ending 31st March 2027.

Voting Results:

  • Total votes polled: 160,700,065 (75.5552% of outstanding shares)
  • Votes in favor: 160,699,582 (99.9997% of votes polled)
  • Votes against: 483 (0.0003% of votes polled)
  • Resolution: Passed

Category-wise Breakdown:

  • Promoter & Promoter Group: 154,529,200 votes (100% in favor)
  • Public Institutions: 5,850,648 votes (100% in favor)
  • Public Non-Institutions: 320,217 votes (99.8492% in favor, 0.1508% against)

Shareholding Pattern

Total outstanding shares: 212,692,307

  • Promoter & Promoter Group: 154,779,200 shares (72.77%)
  • Public Institutions: 12,515,874 shares (5.88%)
  • Public Non-Institutions: 45,397,233 shares (21.35%)

Attendance Details

Total shareholders on record date: 87,718

  • Promoters present through video conferencing: 11
  • Public present through video conferencing: 23
  • No shareholders present in person or through proxy

Additional Information

The Scrutinizer's report was issued on 18th September 2026. Relevant records relating to electronic voting shall remain in Scrutinizer's safe custody until Chairman considers, approves and signs the minutes of the 44th AGM. The voting results were also uploaded on the company's website.