Meeting Details

The 19th Annual General Meeting was held on Monday, 31st August 2026 at 12:00 Noon through Video Conferencing/Other Audio Visual Means. The meeting was conducted in compliance with MCA Circulars and SEBI Circular dated October 3, 2024. Ms. Nanette Dsa chaired the meeting, which concluded at 12:35 PM with e-voting allowed until 12:45 PM.

Attendance

Total shareholders on record date (24th August 2026): 2,052

Promoters and Promoter Group attendees: 4

Public attendees: 34

All Directors, Company Secretary, CFO, Statutory Auditors, Secretarial Auditors, and Scrutinizer were present.

Voting Mechanism

The company provided remote e-voting facility through NSDL from 28th August 2026 (9:00 AM) to 30th August 2026 (5:00 PM), and e-voting during the AGM for members who hadn't voted remotely. M/s. Pooja Sawarkar & Associates was appointed as Scrutinizer.

Share Capital Structure

Total outstanding shares: 1,81,99,190

Promoter and Promoter Group holding: 93,64,082 shares (51.45%)

Public Institutions holding: 3,49,725 shares (1.92%)

Public Non-Institutions holding: 84,85,383 shares (46.63%)

Resolution Voting Results

Item 1: Adoption of Audited Financial Statements

  • Ordinary Resolution
  • Promoters not interested
  • Total votes polled: 1,08,10,177 (59.3992% of outstanding shares)
  • Votes in favor: 1,08,10,127 (99.9995%)
  • Votes against: 50 (0.0005%)
  • Promoter voting: 93,64,082 shares voted 100% in favor
  • Public Non-Institutions: 14,46,095 shares voted (17.0422% of their holding), 99.9965% in favor

Item 2: Re-appointment of Dr. Vikram V. Kamat as Director

  • Ordinary Resolution
  • Promoters interested (Yes)
  • Total votes polled: 1,08,10,177 (59.3992% of outstanding shares)
  • Votes in favor: 1,08,10,127 (99.9995%)
  • Votes against: 50 (0.0005%)
  • Promoter voting: 93,64,082 shares voted 100% in favor
  • Public Non-Institutions: 14,46,095 shares voted (17.0422% of their holding), 99.9965% in favor

Item 3: Re-appointment of Dr. Vikram V. Kamat as Managing Director

  • Special Resolution
  • Promoters interested (Yes)
  • Total votes polled: 1,08,10,177 (59.3992% of outstanding shares)
  • Votes in favor: 1,08,10,127 (99.9995%)
  • Votes against: 50 (0.0005%)
  • Promoter voting: 93,64,082 shares voted 100% in favor
  • Public Non-Institutions: 14,46,095 shares voted (17.0422% of their holding), 99.9965% in favor

Item 4: Approval of Material Related Party Transaction with Vitizen Hotels Limited

  • Special Resolution
  • Total votes polled: 14,46,095 (7.9459% of outstanding shares)
  • Votes in favor: 14,46,045 (99.9965%)
  • Votes against: 50 (0.0005%)
  • Promoters and Promoter Group: 0 shares voted (abstained from voting)
  • Public Institutions: 0 shares voted
  • Public Non-Institutions: 14,46,095 shares voted (17.0422% of their holding), 99.9965% in favor

Scrutinizer's Report Details

Pooja Sawarkar of M/s. Pooja Sawarkar & Associates submitted the scrutinizer report dated 31st August 2026. Key findings:

  • 45 members participated in remote e-voting
  • 1 member voted against resolutions 1, 2, and 3 with 50 votes each
  • 40 members voted on resolution 4 (related party transaction)
  • No invalid votes were found
  • All resolutions passed with requisite majority