AGM Details

The 37th AGM was held on Saturday, 12th September 2026, commencing at 10:30 AM and concluding at 12:10 PM at the Registered Office of the Company at Village Kanech, Near Sahnewal, GT Road, Ludhiana-141120, Punjab.

Scrutinizer Appointment

CS Sumit Ghai, Partner of Lal Ghai and Associates, was appointed as Scrutinizer to scrutinize the e-voting process and physical voting conducted at the meeting.

Voting Process

  • Public advertisement for the AGM notice and e-voting was published in Business Standard (English) and Desh Sewak (Vernacular) newspapers on 18.08.2026.
  • Remote e-voting commenced on Wednesday, 09th September 2026 at 09:00 AM IST and ended on Friday, 11th September 2026 at 05:00 PM IST through the CDSL platform.
  • The cut-off date for determining shareholders eligible to vote was Saturday, 05th September 2026.
  • Physical voting was conducted at the AGM for shareholders who had not voted via e-voting.

Resolution-wise Voting Results

Resolution 1: Ordinary Resolution

Purpose: To receive, consider and adopt the Standalone Audited Financial Statements for the financial year ended 31st March 2026 and the Reports of the Board of Directors and Auditors thereon.

Result: Passed as an Ordinary Resolution.

Resolution 2: Ordinary Resolution

Purpose: To declare dividend on Equity Shares for the Financial Year ended 31st March 2026.

Voting Details:

  • Votes in favor: 9,46,79,304 (99.99% of valid votes)
  • Votes against: 1,410 (0.01% of valid votes)
  • Invalid votes: 0
  • Total votes cast: 9,46,80,714
  • Total members voted: 137

Result: Passed as an Ordinary Resolution.

Resolution 3: Ordinary Resolution

Purpose: To appoint Mrs. Anjali Avasthi (DIN: 06911970), Non-executive Non-Independent Director, who retires by rotation, in place of herself for re-appointment.

Voting Details:

  • Votes in favor: 9,63,683 (96.37% of valid votes)
  • Votes against: 36,301 (3.63% of valid votes)
  • Invalid votes: 0
  • Total votes cast: 9,99,984
  • Total members voted: 130

Note: Votes from Promoter and Promoter Group were not counted for this resolution as they were interested parties.

Result: Passed as an Ordinary Resolution.

Resolution 4: Ordinary Resolution

Purpose: Ratification of remuneration payable to Cost Auditors for Financial Year 2026-27.

Voting Details:

  • Votes in favor: 9,46,78,824 (99.99% of valid votes)
  • Votes against: 1,410 (0.01% of valid votes)
  • Invalid votes: 0
  • Total votes cast: 9,46,80,234
  • Total members voted: 136

Result: Passed as an Ordinary Resolution.

Resolution 5: Special Resolution

Purpose: To approve change in designation of Mrs. Anjali Avasthi (DIN: 06911970) from Non-Executive Director to Whole-time Director.

Voting Details:

  • Votes in favor: 9,63,683 (96.37% of valid votes)
  • Votes against: 36,301 (3.63% of valid votes)
  • Invalid votes: 0
  • Total votes cast: 9,99,984
  • Total members voted: 130

Note: Votes from Promoter and Promoter Group were not counted for this resolution as they were interested parties.

Result: Passed as a Special Resolution (exceeding three-fourths majority requirement).