Meeting Details

The 44th Annual General Meeting was held on Friday, July 17, 2026 from 2:00 p.m. to 2:40 p.m. (IST) through Video Conference/Other Audio Visual Means (VC/OAVM).

Business Transacted

Three ordinary resolutions were considered and approved:

1. Adoption of Audited Financial Statements for FY ended March 31, 2026 and Reports of Board of Directors and Auditors

2. Appointment of Mr. Prakashmal Tatia (DIN: 06559106) as Director liable to retire by rotation

3. Ratification of payment of remuneration to Cost Auditors M/s Kiran J Mehta & Co. for FY 2026-27

Voting Results Overview

  • Total shareholders on record date: 99,000
  • No shareholders attended physically
  • 48 shareholders attended via video conference (1 promoter, 47 public)
  • Total votes polled: 367,821,362 (55.5109% of outstanding shares)
  • No invalid votes were cast in any resolution

Detailed Resolution Results

Resolution 1: Adoption of Financial Statements

  • Votes in favor: 367,820,155 (99.9997%)
  • Votes against: 1,207 (0.0003%)
  • Promoter voting: 365,537,221 shares voted 100% in favor
  • Public non-institutions: 2,284,141 votes cast (0.793% of holdings), with 99.9472% in favor

Resolution 2: Appointment of Director

  • Votes in favor: 367,819,460 (99.9995%)
  • Votes against: 1,902 (0.0005%)
  • Promoter voting: 365,537,221 shares voted 100% in favor
  • Public non-institutions: 2,284,141 votes cast (0.793% of holdings), with 99.9167% in favor

Resolution 3: Cost Auditor Remuneration

  • Votes in favor: 367,815,694 (99.9985%)
  • Votes against: 5,668 (0.0015%)
  • Promoter voting: 365,537,221 shares voted 100% in favor
  • Public non-institutions: 2,284,141 votes cast (0.793% of holdings), with 99.7519% in favor

Voting Process Details

  • Scrutinizer: Harsh Kothari & Associates (Harsh Kothari, FCS: 12935)
  • Remote e-voting period: July 13, 2026 (9:00 a.m.) to July 16, 2026 (5:00 p.m.)
  • E-voting platform: NSDL e-voting system
  • Vote unblocking witnessed by Mr. Tejas Khot and Mrs. Urvashi Kothari on July 17, 2026
  • Shareholders as of July 10, 2026 were eligible to vote

Shareholding Structure

  • Total outstanding shares: 662,611,445
  • Promoter and promoter group: 365,537,221 shares (55.17%)
  • Public institutions: 9,022,927 shares (1.36%)
  • Public non-institutions: 288,051,297 shares (43.47%)

All three resolutions were passed with overwhelming majority support.