Meeting Details
- Type of Meeting: 40th Annual General Meeting
- Date: Thursday, August 06, 2026
- Time of Commencement: 04:00 pm IST
- Time of Conclusion: 04:25 pm IST
- Mode/Venue: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
Proposed Resolutions and Implications
The following business items were transacted at the AGM:
1. Ordinary Business:
- Adoption of audited standalone financial statements for FY 2025-26 with reports of Board of Directors and Auditors
- Adoption of audited consolidated financial statements for FY 2025-26 with report of Auditors
- Declaration of dividend on equity shares for FY ended March 31, 2026
- Re-appointment of Mr. Yayesh Jhaveri (DIN: 01257668) as Director retiring by rotation
- Ratification of remuneration to Cost Auditor
2. Special Business:
- Re-appointment of Mr. Ullal Ravindra Bhat (DIN: 00008425) as Independent Director (Special Resolution)
- Re-appointment of Mr. Anurag Surana (DIN: 00006665) as Independent Director (Special Resolution)
- Revision in remuneration of Mr. Parag Jhaveri, Managing Director & CEO (Special Resolution)
- Revision in remuneration of Mr. Yayesh Jhaveri, Whole Time Director (Special Resolution)
Voting Process
- All resolutions were put to vote through remote e-voting prior to the meeting
- No proposing or seconding of resolutions occurred during the meeting
- No voting by show of hands was conducted
- Members who had not cast votes through remote e-voting were provided an opportunity to vote electronically during the AGM, with the voting window kept open for 15 minutes post conclusion of proceedings
Scrutinizer Appointment
Mr. Dhrumil M. Shah (FCS No. 8021) from M/s. Dhrumil M. Shah & Co. LLP, Practicing Company Secretaries, was appointed as Scrutinizer to scrutinize votes cast through remote e-voting and electronic voting at the AGM.
Additional Proceedings
- Ms. Rupali Verma, Company Secretary, welcomed members and introduced Board colleagues
- All directors except Mrs. Sudha Navandar were present at the meeting
- Representatives of Statutory Auditors, Cost Auditors, and Secretarial Auditor & Scrutinizer attended the meeting
- The Notice of AGM, Statutory Auditors' report, Secretarial Audit report, and Board's Report were taken as read
- Mr. Parag Jhaveri, Managing Director, presented key milestones and business performance for FY 2025-26 and growth plans
- Registered speakers were offered opportunity to express views and ask questions, which were addressed by the Managing Director & CEO
Compliance and Reporting
- The meeting confirmed quorum was present
- The requirement of appointing proxy was not applicable for VC/OAVM meeting
- Necessary registers as required under the Companies Act, 2013 were available for inspection
- Combined results of remote e-voting and electronic voting during AGM will be announced within 2 working days from conclusion of AGM
- Results along with Scrutinizer's Report will be intimated to Stock Exchanges and placed on company website