Voting Process Details

The company appointed MSDS & Associates, Practicing Company Secretaries as Scrutinizer for scrutinizing both remote e-voting and e-voting during the AGM. The remote e-voting period commenced on Friday, 21st August 2026 at 9:00 AM and ended on Tuesday, 25th August 2026 at 5:00 PM. The record date for determining voting eligibility was 19th August 2026, with 28,991 shareholders on record.

Resolution Results

Resolution 1: Ordinary Resolution - Adoption of Financial Statements

  • Description: Adoption of (a) audited financial statements for FY ended 31st March 2026 and reports of Board of Directors and Auditors thereon; (b) audited consolidated financial statements for FY ended 31st March 2026
  • Votes in Favor: 13,95,38,121 shares (99.9780%)
  • Votes Against: 17 shares (0.0001%)
  • Abstain/Invalid: 30,643 shares (0.0219%)
  • Result: Passed as Ordinary Resolution

Resolution 2: Ordinary Resolution - Reappointment of Director

  • Description: To appoint Ms. Smita Jatia (DIN: 03165703) as Director who retires by rotation
  • Votes in Favor: 13,57,19,408 shares (97.3287%)
  • Votes Against: 35,73,603 shares (2.5628%)
  • Abstain/Invalid: 1,51,287 shares (0.1085%)
  • Result: Passed as Ordinary Resolution

Resolution 3: Special Resolution - Appointment of Independent Director

  • Description: To appoint Dr (Ms.) Deepa Vidyadhar Bhajekar (DIN: 01155212) as Director (Non-Executive Independent Director)
  • Votes in Favor: 13,95,66,575 shares (99.9984%)
  • Votes Against: 2,206 shares (0.0016%)
  • Abstain/Invalid: 0 shares (0.0000%)
  • Result: Passed as Special Resolution

Shareholder Participation

  • Total shareholders on record date: 28,991
  • Promoters & Promoter Group attending via VC: 8 members
  • Public shareholders attending via VC: 37 members
  • Total shares outstanding: 15,59,36,165 shares

Category-wise Voting Breakdown

Detailed voting breakdown by promoter group, public institutions, and public non-institutions was provided for each resolution showing near-unanimous promoter support and varying levels of institutional opposition for Resolution 2.

Scrutinizer Report Details

MSDS & Associates submitted their scrutinizer report confirming the voting process compliance with Companies Act, 2013, SEBI LODR Regulations, and Secretarial Standards. The report noted that 190 members participated in voting across all resolutions with detailed breakdown of assent, dissent, and invalid votes.

Financial Impact

No specific financial impact quantified in the disclosure. The resolutions pertain to corporate governance matters including financial statement adoption and director appointments.