Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

  • Date: Tuesday, 30th June 2026
  • Time: 11:00 a.m. to 1:00 p.m. (IST)
  • Location: Conducted through Video Conferencing or Other Audio-Visual Means (OAVM) without physical presence of members
  • Type of Meeting: 101st Annual General Meeting

Proposed Resolutions and Implications

The AGM considered and approved six resolutions:

1. Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements (including Consolidated Financial Statements) for the financial year ended 31st March 2026, together with Reports of the Board of Directors and Auditors

2. Ordinary Resolution: To declare Dividend of ₹57 per share on Equity Shares for the financial year ended 31st March 2026

3. Ordinary Resolution: To appoint Mr. Subesh Williams (DIN: 07786724) as Director, who retires by rotation and offered himself for re-appointment

4. Special Resolution: Commission to Independent Directors

5. Ordinary Resolution: Ratification of Remuneration to Cost Auditor for Financial Year ended 31st March 2026

6. Ordinary Resolution: Ratification of Remuneration to Cost Auditor for Financial Year ended 31st March 2027

Voting Process and Methods

The company provided two voting methods:

  • Remote e-voting: Available from Friday, 26th June 2026 (9:00 a.m.) to Monday, 29th June 2026 (5:00 p.m.) through NSDL's e-voting platform
  • E-voting during AGM: Available to members present during the virtual AGM who had not cast their vote earlier through remote e-voting

The cut-off date for determining voting eligibility was Tuesday, 23rd June 2026.

Key Voting Outcomes

All six resolutions were approved by members with requisite majority. Detailed voting results:

Resolution 1: Adoption of Financial Statements

  • Total valid votes cast: 14,23,62,550
  • Votes in favor: 14,23,62,550 (100.00%)
  • Votes against: 697 (0.00%)
  • Number of members voted: 667 in favor, 10 against
  • Invalid votes: NIL

Resolution 2: Dividend Declaration of ₹57 per share

  • Total valid votes cast: 14,24,89,055
  • Votes in favor: 14,24,89,055 (99.99%)
  • Votes against: 16,714 (0.01%)
  • Number of members voted: 668 in favor, 11 against
  • Invalid votes: NIL

Resolution 3: Re-appointment of Mr. Subesh Williams

  • Total valid votes cast: 14,17,67,128
  • Votes in favor: 14,17,67,128 (99.48%)
  • Votes against: 7,38,546 (0.52%)
  • Number of members voted: 642 in favor, 36 against
  • Invalid votes: NIL

Resolution 4: Commission to Independent Directors (Special Resolution)

  • Total valid votes cast: 14,24,48,356
  • Votes in favor: 14,24,48,356 (99.96%)
  • Votes against: 55,218 (0.04%)
  • Number of members voted: 641 in favor, 35 against
  • Invalid votes: NIL

Resolution 5: Ratification of Cost Auditor Remuneration (FY2026)

  • Total valid votes cast: 14,25,00,674
  • Votes in favor: 14,25,00,674 (100.00%)
  • Votes against: 4,900 (0.00%)
  • Number of members voted: 661 in favor, 16 against
  • Invalid votes: NIL

Resolution 6: Ratification of Cost Auditor Remuneration (FY2027)

  • Total valid votes cast: 14,25,05,474
  • Votes in favor: 14,25,00,677 (100.00%)
  • Votes against: 4,797 (0.00%)
  • Number of members voted: 662 in favor, 14 against
  • Invalid votes: NIL

Scrutinizer's Role and Findings

Mr. P. N. Parikh of Parikh & Associates, Practising Company Secretaries, was appointed as Scrutinizer to conduct and scrutinize the remote e-voting process both prior to and during the AGM. His responsibilities included:

  • Scrutinizing and reviewing the remote e-voting process
  • Preparing a consolidated report on votes cast
  • Ensuring the voting process complied with the Companies Act, 2013 and SEBI LODR Regulations

The Scrutinizer confirmed that all votes were properly counted and the results accurately reflected the shareholders' decisions.

Compliance with Laws and Regulations

The company confirmed compliance with:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies (Management & Administration) Rules, 2014 as amended
  • MCA Circulars dated May 5, 2020, April 8, 2020, April 13, 2020, and subsequent circulars including September 22, 2025

Additional Information

The voting results and Scrutinizer's Report are available on the company's website (www.gsk-india.com) and NSDL's website (www.evoting.nsdl.com).

The company's CIN is L24239MH1924PLC001151.