Meeting Details

The 18th Annual General Meeting was held on Friday, September 11, 2026 at 3:00 p.m. (IST) through Video Conferencing/Other Audio-Visual Means.

Voting Results

All five resolutions proposed in the AGM notice were approved by shareholders with requisite majority:

Resolution 1: Adoption of Audited Standalone Financial Statements

  • Type: Ordinary Resolution
  • Promoter Voting: 33,100,725 votes (100% in favor)
  • Public Institutions Voting: 6,356,178 votes (90.18% participation, 100% in favor)
  • Public Non-Institutions Voting: 848,034 votes (9.02% participation, 99.86% in favor, 0.14% against)
  • Total Votes: 40,304,937 (81.33% participation)
  • Result: Passed with 99.9971% in favor

Resolution 2: Adoption of Audited Consolidated Financial Statements

  • Type: Ordinary Resolution
  • Promoter Voting: 33,100,725 votes (100% in favor)
  • Public Institutions Voting: 6,359,500 votes (90.23% participation, 100% in favor)
  • Public Non-Institutions Voting: 847,388 votes (9.01% participation, 99.86% in favor, 0.14% against)
  • Total Votes: 40,307,613 (81.34% participation)
  • Result: Passed with 99.9971% in favor

Resolution 3: Declaration of Final Dividend on Equity Shares for FY Ended March 31, 2026

  • Type: Ordinary Resolution
  • Promoter Voting: 33,100,725 votes (100% in favor)
  • Public Institutions Voting: 6,360,579 votes (90.25% participation, 96.44% in favor, 3.56% against)
  • Public Non-Institutions Voting: 848,034 votes (9.02% participation, 99.99% in favor, 0.01% against)
  • Total Votes: 40,309,338 (81.34% participation)
  • Result: Passed with 99.4374% in favor

Resolution 4: Re-appointment of Mr. Shom Ashok Hinduja (DIN: 07128441) as Non-Executive Director

  • Type: Ordinary Resolution
  • Promoter Voting: 33,100,725 votes (100% in favor)
  • Public Institutions Voting: 6,360,579 votes (90.25% participation, 99.02% in favor, 0.98% against)
  • Public Non-Institutions Voting: 848,034 votes (9.02% participation, 99.81% in favor, 0.19% against)
  • Total Votes: 40,309,338 (81.34% participation)
  • Result: Passed with 99.8409% in favor

Resolution 5: Ratification of Remuneration Payable to M/s Dhananjay V. Joshi & Associates as Cost Auditors for FY 2026-27

  • Type: Ordinary Resolution
  • Promoter Voting: 33,100,725 votes (100% in favor)
  • Public Institutions Voting: 4,464,401 votes (63.34% participation, 100% in favor)
  • Public Non-Institutions Voting: 848,034 votes (9.02% participation, 99.84% in favor, 0.16% against)
  • Total Votes: 38,413,160 (77.52% participation)
  • Result: Passed with 99.9964% in favor

Scrutinizer's Report

Virendra G. Bhatt, Practicing Company Secretary, was appointed as Scrutinizer to conduct and scrutinize the entire e-voting process. The remote e-voting period commenced on Monday, September 7, 2026 (9:00 a.m. IST) and ended on Thursday, September 10, 2026 (5:00 p.m. IST). The cut-off date for determining shareholders entitled to vote was Friday, September 4, 2026.

Share Capital Structure

Total outstanding shares: 49,555,526

  • Promoter and Promoter Group: 33,100,725 shares (66.80%)
  • Public Institutions: 7,048,000 shares (14.22%)
  • Public Non-Institutions: 9,406,801 shares (18.98%)

Additional Information

The voting results and scrutinizer's report are available on the company's website (https://india.gulfoilltd.com/investors/annual-reports) and NSDL's website (www.evoting.nsdl.com).