Meeting Details

  • AGM Date: Tuesday, August 4, 2026
  • Meeting Format: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Cut-off Date for Shareholders: July 28, 2026
  • Total Shareholders: 90,662
  • Attendance: 61 shareholders attended via video conference (51 from Promoters and Promoter Group, 10 from Public)

Voting Results by Resolution

Resolution 1: Adoption of Consolidated Audited Financial Statements
  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Description: Adoption of Consolidated Audited Financial Statements for the financial year ended March 31, 2026 and the Report of Auditors thereon
  • Total Votes Polled: 290,357,746 shares (91.2613% of outstanding shares)
  • In Favor: 290,357,171 shares (99.9998% of votes polled)
  • Against: 575 shares (0.0002% of votes polled)
Resolution 2: Declaration of Dividend
  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Description: Declaration of Dividend of ₹1.20 per equity share of ₹2 each for the financial year ended March 31, 2026
  • Total Votes Polled: 290,385,860 shares (91.2702% of outstanding shares)
  • In Favor: 290,384,859 shares (99.9997% of votes polled)
  • Against: 1,001 shares (0.0003% of votes polled)
Resolution 3: Appointment of Independent Director
  • Resolution Type: Special
  • Promoter Interest: No
  • Description: Appointment of Mr. Apurva S. Diwanji (DIN: 00032072) as an Independent Director for 5 years
  • Total Votes Polled: 289,721,871 shares (91.0615% of outstanding shares)
  • In Favor: 253,445,226 shares (87.4788% of votes polled)
  • Against: 36,276,645 shares (12.5212% of votes polled)
  • Notable Opposition: Institutional public shareholders voted 53.1974% against the appointment
Resolution 4: Ratification of Cost Auditors' Remuneration
  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Description: Ratification of remuneration of R. Nanabhoy & Co., Cost Auditors for FY ending March 31, 2027
  • Total Votes Polled: 290,385,860 shares (91.2702% of outstanding shares)
  • In Favor: 290,383,700 shares (99.9993% of votes polled)
  • Against: 2,160 shares (0.0007% of votes polled)

Shareholding Pattern

  • Total Outstanding Shares: 318,160,720
  • Promoter and Promoter Group Holdings: 221,552,705 shares (69.63%)
  • Public Institutions Holdings: 72,226,346 shares (22.70%)
  • Public Non-Institutions Holdings: 24,381,669 shares (7.66%)

Voting Methodology

  • Remote E-Voting was the primary method used
  • E-voting at AGM venue had minimal participation
  • Postal Ballot was not applicable for any resolutions
  • Promoter and Promoter Group voted nearly unanimously in favor of all resolutions (100% approval)

Compliance and Submission

  • The results were submitted to BSE Limited and National Stock Exchange of India Limited
  • The details were also uploaded on the company's website
  • Signed by Nandish P. Joshi, Company Secretary & Compliance Officer