Meeting Details

  • Date of Meeting: Thursday, 24th September 2026
  • Time: 04:00 PM to 04:15 PM IST
  • Type of Meeting: Annual General Meeting (AGM)
  • Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Record Date: 17th September 2026

Proposed Resolutions and Implications

The AGM considered seven resolutions:

1. Ordinary Resolution: Adoption of Annual Audited Standalone and Consolidated Financial Statements as at 31st March 2026 with reports of Directors and Auditors

2. Ordinary Resolution: Confirmation of Interim Dividend for FY 2025-26

3. Ordinary Resolution: Declaration of Final Dividend of ₹1.00 per equity share (10%) for FY 2025-26

4. Ordinary Resolution: Re-appointment of Ms. Binal Bhukhanwala Gandhi as Non-Executive and Non-Independent Director

5. Special Resolution: Approval for Payment of Commission to Ms. Binal Bhukhanwala Gandhi (DIN: 02740504)

6. Ordinary Resolution: Approval of Material Related Party Transaction

7. Ordinary Resolution: Approval of Increase in Authorized Capital and Alteration of Capital Clause of Memorandum of Association

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting: Available from Monday, 21st September 2026 (09:00 AM IST) to Wednesday, 23rd September 2026 (05:00 PM IST)
  • E-voting at AGM: For members who had not cast votes by remote e-voting
  • Scrutinizer: Mr. Kunal Sharma of M/s Kunal Sharma & Associates (Firm) was appointed at Board Meeting dated 28th August 2026

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 7,899
  • Shareholders present through video conferencing: 72 (5 Promoters, 67 Public)
  • Total outstanding shares: 10,655,000
  • Total votes cast: 8,832,345 shares (82.8939% of outstanding shares)

Resolution-wise Results

Resolution 1 (Financial Statements Adoption)

  • Total votes: 8,832,345 (100% in favor)
  • Promoter & Promoter Group: 7,889,326 votes (100% participation, 100% for)
  • Public Institutions: 12,038 votes (100% participation, 100% for)
  • Public Non-Institutions: 930,981 votes (33.8092% participation, 100% for)

Resolution 2 (Interim Dividend Confirmation)

  • Total votes: 8,832,345 (100% in favor)
  • Identical voting pattern as Resolution 1

Resolution 3 (Final Dividend Declaration)

  • Total votes: 8,832,345 (100% in favor)
  • Identical voting pattern as Resolution 1

Resolution 4 (Director Re-appointment)

  • Total votes: 8,832,345 (99.999% in favor, 0.001% against)
  • Promoter & Promoter Group: 7,889,326 votes (100% for)
  • Public Institutions: 12,038 votes (100% for)
  • Public Non-Institutions: 930,981 votes (99.9999% for, 0.0001% against - 1 share)

Resolution 5 (Director Commission)

  • Total votes: 8,832,345 (99.999% in favor, 0.001% against)
  • Similar pattern as Resolution 4 with one vote against

Resolution 6 (Related Party Transaction)

  • Promoters were interested and did not vote
  • Total votes: 939,912 (99.9999% in favor, 0.0001% against)
  • Public Institutions: 12,038 votes (100% for)
  • Public Non-Institutions: 927,874 votes (99.9999% for, 0.0001% against - 1 share)

Resolution 7 (Authorized Capital Increase)

  • Total votes: 8,832,237 (100% in favor)
  • Promoter & Promoter Group: 7,889,326 votes (100% for)
  • Public Institutions: 12,038 votes (100% for)
  • Public Non-Institutions: 930,873 votes (100% for)

Invalid Votes

All categories recorded zero invalid votes across all resolutions.

Scrutinizer's Role and Findings

Mr. Kunal Sharma, Company Secretary (Membership No.: F10329), was appointed as Scrutinizer by the Board of Directors at their meeting held on 28th August 2026. His responsibilities included:

  • Ensuring fair and transparent e-voting process
  • Scrutinizing votes cast through Bigshare Services Private Limited's platform
  • Providing report on votes cast "In favor" or "Against" on all resolutions

The scrutinizer concluded that all resolutions secured requisite majority and may be considered passed.

Compliance Confirmation

The voting process complied with:

  • Section 108 & 109 of the Companies Act, 2013
  • Rule 20 & 21 of the Companies (Management and Administration) Rules, 2014 (as amended)
  • Regulation 44 of SEBI LODR Regulations, 2015
  • MCA Circulars and SEBI regulations

Additional Information

  • Company CIN: L67120GJ2002PLC040636
  • Notice of AGM and Annual Report were sent via email on 2nd September 2026 and published in Financial Express (English and Regional) on 3rd September 2026