Meeting Details

  • Date: September 24, 2026
  • Time: 03:00 p.m. to 3:53 p.m. (IST)
  • Location/Type: The meeting was held entirely through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The Registered Office of the Company was deemed to be the venue for the proceedings.

Proposed Resolutions and Implications

The AGM was convened to transact four items of business as outlined in the notice dated September 02, 2026:

  • Ordinary Resolution 1: Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, along with the Reports of the Board of Directors and the Auditors.
  • Ordinary Resolution 2: Adoption of the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, along with the Reports of the Auditors.
  • Ordinary Resolution 3: Re-appointment of Mr. Gurumurthy Ramanathan (DIN: 10366010) as a Director, who retired by rotation.
  • Special Resolution 4: Re-designation of Mr. Arjun Lamba (DIN: 00124804) from Whole-time Director (Executive Director) to Managing Director of the Company. It was clarified that this re-designation is at the same terms and conditions.

The Chairman informed members that the Auditors' Reports on both Standalone and Consolidated Financial Statements contained no qualifications. The Secretarial Auditor's Report did contain certain qualifications, which were addressed in the Directors' Report.

Voting Process

  • Methods: Voting was conducted through a two-stage process:

1. Remote e-Voting: Administered by KFin Technologies Limited (KFintech) prior to the AGM.

2. In-Meeting e-Voting: A facility was available for a 15-minute period during the AGM for members who were present but had not cast their votes via remote e-voting. Members who had already voted remotely were not eligible to vote again.

  • Scrutinizer: Mr. Ankush Agarwal, Partner of M/s. MAKS & Co., Practicing Company Secretaries (Membership No. F9719 & COP No. 14486), was appointed to scrutinize the entire voting process in a fair and transparent manner and to submit a report. Mr. Shailesh Kumar Singh, Partner (Membership No. F8619 & COP No. 16235), was named as the alternate scrutinizer.

Key Voting Outcomes and Scrutinizer's Role

The detailed voting results were not provided in this proceeding report. The document states that the voting results along with the Scrutinizer's report will be submitted to the exchanges at a later date, not later than two working days from the conclusion of the AGM (i.e., by September 26, 2026). The Scrutinizer's role is to validate the process and report the results, including the total votes cast and the percentage in favor and against each resolution.

Compliance Confirmation

The meeting was conducted in compliance with:

  • The Companies Act, 2013 and the Companies (Management and Administration) Rules, 2014.
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • MCA Circulars No. 20/2020 (May 05, 2020) and No. 03/2025 (September 22, 2025).
  • SEBI Circulars No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 (May 12, 2020) and SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 (October 03, 2024).
  • Secretarial Standard on General Meetings (SS-II) issued by the Institute of Company Secretaries of India (ICSI).

Other Relevant Information

  • Promoter Infusion: The Chairman expressed gratitude to the Promoters of the Company for their assurance to infuse ₹1500 Crore into the Company for its growth.
  • Attendees: The meeting was attended by the Board of Directors, including Chairman Mr. Rajender Mohan Malla and Managing Director Mr. Arjun Lamba. Also present were CFO Mr. Pratul Gupta, Group General Counsel & Group Chief Compliance Officer Mr. Babu Rao P., representatives of the Statutory Auditors (M/s J.C. Bhalla & Co.), and Secretarial Auditors (M/s PI & Associates).
  • Document Availability: The Statutory Registers and a certificate from the Secretarial Auditors regarding compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 were available for electronic inspection by members during the meeting.