Meeting Details

The 25th Annual General Meeting was held on Wednesday, September 30, 2026, from 03:00 PM to 03:36 PM through Video Conferencing/Other Audio Visual Means (VC/OAVM) in compliance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India. The record date for determining shareholders entitled to vote was September 23, 2026.

Proposed Resolutions and Implications

Five resolutions were considered at the meeting:

Ordinary Business:

1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements including Audited Balance Sheet as at March 31, 2026, Profit & Loss Account and Cash Flow Statement for the period ended on that date along with schedules, notes, and reports of Auditors and Board of Directors.

2. To appoint Director in place of Mr. Jogendrapal Singh Alagh (DIN: 00411418) who retires by rotation and being eligible offers himself for re-appointment.

Special Business:

3. To re-appoint Mr. Sukhbir Singh Kukreja (DIN: 00411525) as Managing Director of the Company.

4. Approval to advance any loan/give guarantee/provide security u/s 185 of the Companies Act, 2013.

5. To consider and approve the Appointment of Secretarial Auditor of the Company.

Voting Process and Methods

The voting was conducted through two methods:

  • Remote e-voting: Open from Saturday, September 26, 2026 at 09:00 AM to Tuesday, September 29, 2026 at 05:00 PM through Kfin Technologies Limited, the company's Registrar and Share Transfer Agent.
  • E-voting at AGM: Shareholders present at the virtual meeting who had not voted remotely were allowed to vote electronically during the meeting.

Physical attendance was dispensed with pursuant to MCA Circulars, and proxy appointments were not available, though body corporates could appoint authorized representatives.

Key Voting Outcomes

Overall Participation:

  • Total shareholders on record date: 19,991
  • Shareholders attending meeting through video conferencing: 40 (3 Promoters/Promoter Group, 37 Public)
  • No shareholders attended in person or through proxy

Resolution-wise Results:

Resolution 1 (Ordinary - Adoption of Financial Statements):

  • Total votes cast: 16,576,314 (100% of outstanding shares)
  • Votes in favor: 16,576,313 (100% of votes polled)
  • Votes against: 1 (0.00001% of votes polled)
  • 1 shareholder with 25 shares abstained from voting
  • Result: PASSED

Resolution 2 (Ordinary - Re-appointment of Director):

  • Total votes cast: 13,273,124 (100% of outstanding shares)
  • Votes in favor: 13,273,013 (99.9992% of votes polled)
  • Votes against: 111 (0.0008% of votes polled)
  • Promoters were interested in this resolution
  • Result: PASSED

Resolution 3 (Special - Re-appointment of Managing Director):

  • Total votes cast: 3,728,224 (100% of outstanding shares)
  • Votes in favor: 3,728,113 (99.997% of votes polled)
  • Votes against: 111 (0.003% of votes polled)
  • Promoters were interested in this resolution
  • Result: PASSED

Resolution 4 (Special - Loans/Guarantees u/s 185):

  • Total votes cast: 16,576,313 (100% of outstanding shares)
  • Votes in favor: 16,576,312 (99.99999% of votes polled)
  • Votes against: 1 (0.00001% of votes polled)
  • 1 shareholder with 25 shares abstained
  • Result: PASSED

Resolution 5 (Ordinary - Appointment of Secretarial Auditor):

  • Total votes cast: 16,576,314 (100% of outstanding shares)
  • Votes in favor: 16,576,313 (99.99999% of votes polled)
  • Votes against: 1 (0.00001% of votes polled)
  • 1 shareholder with 25 shares abstained
  • Result: PASSED

Scrutinizer's Role and Findings

M/s Sheetal & Company (Proprietor: CS Sheetal, Membership No. F10780) was appointed as scrutinizer by the Board of Directors on September 5, 2026. The scrutinizer:

  • Verified the remote e-voting and e-voting processes conducted through Kfin Technologies Limited
  • Confirmed that the e-voting portal was blocked at the end of the voting period and unblocked in the presence of two independent witnesses
  • Reported no invalid votes in either remote e-voting or e-voting at the AGM
  • Certified that all resolutions were passed with requisite majority
  • Issued the scrutinizer's report on September 30, 2026

Compliance Confirmation

The company confirmed compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and Companies (Management and Administration) Rules, 2014
  • MCA General Circulars dated May 5, 2020, and December 28, 2022
  • SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/PR023/120 dated July 11, 2023
  • SEBI Circular No. SEBI/HO/CFD/CIR-PoD-2/P/CIR/2023/167 dated October 07, 2023