Meeting Details

The 3rd Annual General Meeting was held on Friday, 26th June 2026 from 3:00 P.M. to 5:10 P.M. (IST) through Video Conferencing / Other Audio Visual Means facility.

Voting Procedures

  • Remote e-voting facility was provided to all members holding shares as of the cut-off date of 19th June 2026
  • Remote e-voting period: 23rd June 2026 (9:00 AM IST) to 25th June 2026 (5:00 PM IST)
  • Electronic voting facility was also available during the AGM
  • M/s. MMJB & Associates LLP (Partners: Mr. Omkar Dindorkar ACS 43029 or Ms. Deepti Kulkarni ACS 34722) were appointed as Scrutinizers
  • Combined voting results and Scrutinizer's Report will be submitted to stock exchanges and uploaded on company website

Attendance

  • Mr. Amit Jain, Chairman, chaired the meeting
  • Ms. Carol-Ann Stewart, Non-Executive Director, was absent due to unavoidable travel commitments
  • 12 speaker shareholders participated in the Question & Answer session

Business Transacted

The following agenda items were approved:

Ordinary Business

1. Adoption of Annual Audited Standalone Financial Statements for year ended 31st December 2025, including Balance Sheet, Statement of Profit and Loss, Cash Flow Statement, and Reports of Board of Directors and Auditors

2. Declaration of final dividend of ₹75 per equity share (face value ₹10 each) for financial year ended 31st December 2025

3. Re-appointment of Mr. Stanislas Camart (DIN: 10686945) as Director who retires by rotation

4. Appointment of M/s. Price Waterhouse & Co Chartered Accountants LLP (Firm Registration No.: 304026E/E300009) as Statutory Auditors

Special Business

5. Appointment of M/s. Price Waterhouse & Co Chartered Accountants LLP to fill casual vacancy as Statutory Auditors

6. Ratification of remuneration to Cost Auditors

Financial Reporting

  • Statutory Auditors' and Secretarial Auditors' reports contained no qualifications, reservations, or adverse remarks
  • All statutory registers and documents referred to in the AGM notice were available for inspection

Management Commentary

  • Mr. Amit Jain, Chairman, highlighted the company's performance and developments during financial year 2025
  • Mr. Himanshu Bakshi, Managing Director, provided an overview of business performance, strategic initiatives, and key developments
  • Management addressed shareholder queries on financial performance, operations, and other matters during the Q&A session