Meeting Details

The 59th Annual General Meeting was held on Wednesday, 29th July, 2026 through Video Conferencing/Other Audio Video Means (VC/OAVM). The meeting commenced at 3:00 p.m. IST and concluded at 3:56 p.m. IST, lasting 56 minutes.

Attendance and Conduct

Due to technical difficulties, Dr. Mahendra Khaitan (Managing Director) chaired the meeting on behalf of Mr. Kishan Kumar Khaitan (Chairman). The requisite quorum was present. The Register of Directors, Key Managerial Personnel and their respective Shareholdings, and the Register of Contracts were available for member inspection. There were no adverse remarks or qualifications in the Auditors' Report requiring deliberation.

Voting Process

Remote e-voting was conducted through NSDL from 25th July, 2026 at 9:00 am to 28th July, 2026 at 5:00 pm. Additional e-voting facility was provided during the meeting, remaining open for 30 minutes after the meeting concluded. Voting results and consolidated Scrutinizer's Report will be placed on the company website and NSDL website, and communicated to the stock exchange.

Business Transacted

Ordinary Businesses:

1. Adoption of Audited Financial Statements for financial year ended 31st March, 2026, together with Directors Report and Auditors Report (Ordinary Resolution)

2. Declaration of dividend at the rate of ₹0.10 per Equity Share for the year 2025-2026 (Ordinary Resolution)

3. Appointment of Dr. Mahendra Khaitan (DIN: 00459612) who retires by rotation and offered himself for re-appointment (Ordinary Resolution)

Special Businesses:

4. Re-appointment of Mr. Kishan Kumar Khaitan (DIN: 00514864) as Chairman of the Company (Special Resolution)

5. Re-appointment of Dr. Mahendra Khaitan (DIN: 00459612) with change in designation from Managing Director to Vice Chairman of the Company (Special Resolution)

6. Re-appointment of Mr. Devesh Khaitan (DIN: 00820595) with change in designation from Joint Managing Director to Managing Director of the Company (Special Resolution)

Management Commentary

Dr. Mahendra Khaitan briefed shareholders about the company's performance during the last fiscal year and plans for future years.

Shareholder Engagement

Registered speakers were invited to express views/ask questions during the meeting, with all queries responded to by Dr. Mahendra Khaitan.

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