Meeting Details

The 42nd Annual General Meeting was held on Thursday, September 24, 2026, at 01:00 P.M. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI, and in accordance with the Companies Act, 2013.

Proposed Resolutions and Implications

Three ordinary business resolutions were transacted:

1. To receive, consider and adopt the Audited Financial Statements (including Audited standalone and Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2026 and the Report of the Board of Directors' and the Auditors' thereon

2. To declare Final Dividend of Re. 1/- (10%) per equity share of face value of Rs. 10 each, for the financial year 2025-26

3. To re-appoint Mr. Vipul Zaverilal Mandalia (DIN: 02327708) as a Director who retires by rotation in terms of Section 152(6) of the Companies Act, 2013

Voting Process and Methods

The voting process included remote e-voting provided through Central Depository Services (India) Limited (CDSL) and e-voting during the AGM. The e-voting facility remained open for 30 minutes post the conclusion of the Meeting to allow Members who had not yet voted to cast their votes.

Scrutinizer's Role and Findings

CS Niraj Trivedi, Practicing Company Secretary, was appointed as the Scrutinizer to scrutinize the remote e-voting and e-voting at the AGM. The voting results along with the Scrutinizer's Report were to be submitted to BSE Limited and National Stock Exchange of India Limited within two working days.

Compliance with Laws and Regulations

The Meeting was held in compliance with the circulars issued by MCA and SEBI, and as per the applicable provisions of the Companies Act, 2013 and the rules made thereunder. The Statutory Auditors' Report and Secretarial Audit Report for the financial year 2025-26 did not contain any qualifications, adverse remarks, or disclaimers.

Additional Information

Mr. Rupesh Shah, Chief Financial Officer of the Company, confirmed that requisite quorum was present. The Chairman of the Meeting briefed shareholders on the operational and financial performance of the Company along with the brief of financial position of subsidiaries. No Member registered in advance as a speaker shareholder for the Meeting, and hence no questions or comments were submitted. The meeting concluded at 01:11 P.M. (IST).