Meeting Details

The 50th AGM was held on Wednesday, June 17, 2026 at 3:00 PM IST through Video Conference (VC)/Other Audio Visual Means (OAVM) in accordance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting was conducted pursuant to notice dated May 11, 2026.

Voting Process

Remote e-voting facility was provided through Central Depository Services (India) Limited (CDSL) portal from June 14, 2026 at 9:00 AM to June 16, 2026 at 5:00 PM. E-voting facility was also provided during the AGM for shareholders who had not voted remotely.

Scrutinizer Appointment

The Board of Directors appointed Mr. Rajesh Parekh, proprietor of Rajesh Parekh & Co., Practicing Company Secretary, and failing him Ms. Aishwarya Parekh, Partner of RPAP & Co., Practicing Company Secretary as scrutinizer to scrutinize the voting process.

Shareholder Base

Total number of shareholders on record date (June 10, 2026): 74,579

Attendance

  • Promoters and Promoter Group: 1 shareholder attended through VC
  • Public: 59 shareholders attended through VC

Voting Results

Item No. 1: Adoption of Financial Statements
  • Ordinary resolution to adopt audited financial statements and consolidated financial statements for year ended March 31, 2026
  • Total votes polled: 134,006,604 (83.46% of outstanding shares)
  • Votes in favor: 134,006,581 (100.00% of votes polled)
  • Votes against: 23 (0.00% of votes polled)
Item No. 2: Confirmation of Interim Dividend
  • Ordinary resolution to confirm interim dividend of ₹12.70 per equity share (face value ₹1) for year ended March 31, 2026
  • Total votes polled: 134,028,560 (83.48% of outstanding shares)
  • Votes in favor: 134,028,537 (100.00% of votes polled)
  • Votes against: 23 (0.00% of votes polled)
Item No. 3: Declaration of Final Dividend
  • Ordinary resolution to declare final dividend of ₹9.30 per equity share (face value ₹1) for year ended March 31, 2026
  • Total votes polled: 134,028,560 (83.48% of outstanding shares)
  • Votes in favor: 134,028,512 (100.00% of votes polled)
  • Votes against: 48 (0.00% of votes polled)
Item No. 4: Re-appointment of Director
  • Ordinary resolution to re-appoint Mr. Amal Kelshikar (DIN: 06378987) as director liable to retire by rotation
  • Total votes polled: 134,008,038 (83.46% of outstanding shares)
  • Votes in favor: 133,790,983 (99.84% of votes polled)
  • Votes against: 217,055 (0.16% of votes polled)

Scrutinizer's Report Details

The scrutinizer's report provided detailed breakdown of voting:

Resolution 1 (Financial Statements):

  • 436 members voted via remote e-voting with 134,006,485 votes (100.00% in favor)
  • 4 members voted at AGM with 96 votes (0.00% in favor)
  • 1 member voted against via remote e-voting with 23 votes (0.00%)

Resolution 2 (Interim Dividend):

  • 438 members voted via remote e-voting with 134,028,441 votes (100.00% in favor)
  • 4 members voted at AGM with 96 votes (0.00% in favor)
  • 1 member voted against via remote e-voting with 23 votes (0.00%)

Resolution 3 (Final Dividend):

  • 438 members voted via remote e-voting with 134,028,441 votes (100.00% in favor)
  • 4 members voted at AGM with 96 votes (0.00% in favor)
  • 2 members voted against via remote e-voting with 48 votes (0.00%)

Resolution 4 (Director Re-appointment):

  • 427 members voted via remote e-voting with 133,790,887 votes (99.84% in favor)
  • 4 members voted at AGM with 96 votes (0.00% in favor)
  • 16 members voted against via remote e-voting with 217,055 votes (0.16%)

Outcome

All four businesses/resolutions were duly approved/passed with requisite majority.