Meeting Details

  • Date of Meeting: September 21, 2026
  • Start Time: 12:30 PM
  • End Time: 01:17 PM
  • Record Date: September 14, 2026
  • Total Shareholders on Record Date: 34,813
  • Shareholders Attended via Video Conferencing: 56 (3 Promoters, 53 Public)
  • Total Resolutions Passed: 16

Scrutinizer Details

  • Name: Rajesh Parekh
  • Firm: RPSS & Co.
  • Qualification: CS
  • Membership Number: 8073
  • Appointment Date: August 7, 2026
  • Report Issuance Date: September 23, 2026

Voting Results Summary

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary Resolution
  • Description: To adopt audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026
  • Total Votes Polled: 7,921,071 (72.38% of outstanding shares)
  • Votes in Favor: 7,921,070 (100.00% of votes polled)
  • Votes Against: 1 (0.00% of votes polled)
  • Result: Passed

Resolution 2: Dividend Declaration

  • Type: Ordinary Resolution
  • Description: To declare dividend of ₹2.00 (20%) per equity share of face value ₹10 for FY 2025-26
  • Total Votes Polled: 7,921,071 (72.38% of outstanding shares)
  • Votes in Favor: 7,921,070 (100.00% of votes polled)
  • Votes Against: 1 (0.00% of votes polled)
  • Result: Passed

Resolution 3: Appointment of Director

  • Type: Ordinary Resolution
  • Description: To appoint Mrs. Rejal Sheth (DIN: 02911576) who retires by rotation
  • Total Votes Polled: 7,921,071 (72.38% of outstanding shares)
  • Votes in Favor: 7,921,024 (99.9994% of votes polled)
  • Votes Against: 47 (0.0006% of votes polled)
  • Result: Passed

Resolution 4: Re-appointment of Independent Director

  • Type: Special Resolution
  • Description: To re-appoint Mr. Ramesh Agrawal (DIN: 09195375) as Independent Director
  • Total Votes Polled: 7,921,071 (72.38% of outstanding shares)
  • Votes in Favor: 7,920,994 (99.9990% of votes polled)
  • Votes Against: 77 (0.0010% of votes polled)
  • Result: Passed

Resolution 5: Remuneration to Related Party

  • Type: Ordinary Resolution
  • Description: To approve remuneration of Ms. Rutvi Sheth holding office of profit
  • Promoter Interest: Yes
  • Total Votes Polled: 615,373 (5.62% of outstanding shares)
  • Votes in Favor: 615,302 (99.9885% of votes polled)
  • Votes Against: 71 (0.0115% of votes polled)
  • Result: Passed

Resolution 6: Remuneration to Related Party

  • Type: Ordinary Resolution
  • Description: To approve remuneration of Mr. Vatsal Kundalia holding office of profit
  • Promoter Interest: Yes
  • Total Votes Polled: 607,378 (5.55% of outstanding shares)
  • Votes in Favor: 604,159 (99.4700% of votes polled)
  • Votes Against: 3,219 (0.5300% of votes polled)
  • Result: Passed

Resolution 7: Increase Investment/Loan Limits

  • Type: Special Resolution
  • Description: To increase limits for investments/loans/guarantees under Section 186 of Companies Act
  • Total Votes Polled: 7,920,957 (72.38% of outstanding shares)
  • Votes in Favor: 7,920,931 (99.9997% of votes polled)
  • Votes Against: 26 (0.0003% of votes polled)
  • Result: Passed

Resolution 8: Increase Borrowing Power

  • Type: Special Resolution
  • Description: To increase borrowing power under Section 180(1)(c) of Companies Act
  • Total Votes Polled: 7,921,071 (72.38% of outstanding shares)
  • Votes in Favor: 7,921,045 (99.9997% of votes polled)
  • Votes Against: 26 (0.0003% of votes polled)
  • Result: Passed

Resolution 9: Loan to Subsidiary

  • Type: Special Resolution
  • Description: To approve loan to Advait Unified Renewable Assets Private Limited (AURA) under Section 185
  • Promoter Interest: Yes
  • Total Votes Polled: 7,921,057 (72.38% of outstanding shares)
  • Votes in Favor: 7,920,906 (99.9981% of votes polled)
  • Votes Against: 151 (0.0019% of votes polled)
  • Result: Passed

Resolution 10: Loan to Subsidiary

  • Type: Special Resolution
  • Description: To approve loan to Advait BESS Bhesaan Private Limited (ABBPL) under Section 185
  • Promoter Interest: Yes
  • Total Votes Polled: 7,921,057 (72.38% of outstanding shares)
  • Votes in Favor: 7,920,931 (99.9984% of votes polled)
  • Votes Against: 126 (0.0016% of votes polled)
  • Result: Passed

Resolution 11: Loan to Subsidiary

  • Type: Special Resolution
  • Description: To approve loan to Advait Greenergy Private Limited (AGPL) under Section 185
  • Promoter Interest: Yes
  • Total Votes Polled: 7,921,057 (72.38% of outstanding shares)
  • Votes in Favor: 7,921,005 (99.9993% of votes polled)
  • Votes Against: 52 (0.0007% of votes polled)
  • Result: Passed

Resolution 12: Related Party Transaction

  • Type: Ordinary Resolution
  • Description: To approve material RPT with Advait Greenergy Private Limited (AGPL)
  • Promoter Interest: Yes
  • Total Votes Polled: 615,374 (5.62% of outstanding shares)
  • Votes in Favor: 615,323 (99.9917% of votes polled)
  • Votes Against: 51 (0.0083% of votes polled)
  • Result: Passed

Resolution 13: Related Party Transaction

  • Type: Ordinary Resolution
  • Description: To approve material RPT with Advait Unified Renewable Assets Private Limited (AURA)
  • Promoter Interest: Yes
  • Total Votes Polled: 615,378 (5.62% of outstanding shares)
  • Votes in Favor: 615,327 (99.9917% of votes polled)
  • Votes Against: 51 (0.0083% of votes polled)
  • Result: Passed

Resolution 14: Related Party Transaction

  • Type: Ordinary Resolution
  • Description: To approve material RPT with Advait Transmission Tools Private Limited (ATTPL)
  • Promoter Interest: Yes
  • Total Votes Polled: 615,378 (5.62% of outstanding shares)
  • Votes in Favor: 615,227 (99.9755% of votes polled)
  • Votes Against: 151 (0.0245% of votes polled)
  • Result: Passed

Resolution 15: Related Party Transaction

  • Type: Ordinary Resolution
  • Description: To approve material RPT with Advait BESS Bhesaan Private Limited (ABBPL)
  • Promoter Interest: Yes
  • Total Votes Polled: 615,378 (5.62% of outstanding shares)
  • Votes in Favor: 615,227 (99.9755% of votes polled)
  • Votes Against: 151 (0.0245% of votes polled)
  • Result: Passed

Resolution 16: Related Party Transaction

  • Type: Ordinary Resolution
  • Description: To approve material RPT between subsidiaries and/or with their related parties
  • Promoter Interest: Yes
  • Total Votes Polled: 615,378 (5.62% of outstanding shares)
  • Votes in Favor: 615,327 (99.9917% of votes polled)
  • Votes Against: 51 (0.0083% of votes polled)
  • Result: Passed

Shareholding Pattern

  • Total Outstanding Shares: 10,943,011
  • Promoter and Promoter Group Holdings: 7,305,679 shares (66.76%)
  • Public Institutions Holdings: 12,414 shares (0.11%)
  • Public Non-Institutions Holdings: 3,624,918 shares (33.13%)

Voting Participation

  • Total Votes Polled: 7,921,071 shares (72.38% of outstanding shares)
  • Promoter Voting Participation: 100.00% (7,305,679 shares voted)
  • Public Institutions Voting Participation: 0.08% (10 shares voted)
  • Public Non-Institutions Voting Participation: 16.98% (615,382 shares voted)

Invalid Votes

No invalid votes were recorded across all shareholder categories for any resolution.

Scrutinizer's Report Details

The scrutinizer report confirmed:

  • E-voting period: September 17, 2026 (09:00 hours) to September 20, 2026 (17:00 hours)
  • Venue e-voting remained open for 15 minutes after AGM conclusion
  • All electronic data containing voting details submitted to the company
  • Report countersigned by Shalin Sheth, Managing Director